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MNY vs. BANK.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MNY and BANK.TO is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

MNY vs. BANK.TO

Last updated Jun 1, 2025

Compare and contrast key facts about MoneyHero Limited Class A Ordinary Shares (MNY) and Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK.TO).

BANK.TO is a passively managed fund by Evolve that tracks the performance of the Solactive Canadian Core Financials Equal Weight Index. It was launched on Feb 1, 2022.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNY or BANK.TO.

Performance

MNY vs. BANK.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MoneyHero Limited Class A Ordinary Shares (MNY) and Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK.TO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MNY:

-0.97

BANK.TO:

2.26

Sortino Ratio

MNY:

-1.74

BANK.TO:

2.96

Omega Ratio

MNY:

0.80

BANK.TO:

1.47

Calmar Ratio

MNY:

-0.74

BANK.TO:

3.12

Martin Ratio

MNY:

-1.19

BANK.TO:

11.92

Ulcer Index

MNY:

53.09%

BANK.TO:

2.78%

Daily Std Dev

MNY:

66.01%

BANK.TO:

13.90%

Max Drawdown

MNY:

-84.92%

BANK.TO:

-29.03%

Current Drawdown

MNY:

-81.59%

BANK.TO:

0.00%

Returns By Period

In the year-to-date period, MNY achieves a -33.75% return, which is significantly lower than BANK.TO's 6.80% return.

MNY

YTD

-33.75%

1M

-4.87%

6M

-36.03%

1Y

-64.15%

3Y*

N/A

5Y*

N/A

10Y*

N/A

BANK.TO

YTD

6.80%

1M

6.28%

6M

4.62%

1Y

30.57%

3Y*

13.15%

5Y*

N/A

10Y*

N/A

*Annualized

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MoneyHero Limited Class A Ordinary Shares

Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

MNY vs. BANK.TO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MNY
The Risk-Adjusted Performance Rank of MNY is 88
Overall Rank
The Sharpe Ratio Rank of MNY is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of MNY is 33
Sortino Ratio Rank
The Omega Ratio Rank of MNY is 66
Omega Ratio Rank
The Calmar Ratio Rank of MNY is 77
Calmar Ratio Rank
The Martin Ratio Rank of MNY is 1818
Martin Ratio Rank
BANK.TO
The Risk-Adjusted Performance Rank of BANK.TO is 9595
Overall Rank
The Sharpe Ratio Rank of BANK.TO is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of BANK.TO is 9494
Sortino Ratio Rank
The Omega Ratio Rank of BANK.TO is 9595
Omega Ratio Rank
The Calmar Ratio Rank of BANK.TO is 9696
Calmar Ratio Rank
The Martin Ratio Rank of BANK.TO is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MNY vs. BANK.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MoneyHero Limited Class A Ordinary Shares (MNY) and Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current MNY Sharpe Ratio is -0.97, which is lower than the BANK.TO Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of MNY and BANK.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

MNY vs. BANK.TO - Dividend Comparison

MNY has not paid dividends to shareholders, while BANK.TO's dividend yield for the trailing twelve months is around 15.96%.

TTM202420232022
MNY
MoneyHero Limited Class A Ordinary Shares		0.00%0.00%0.00%0.00%
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund		15.96%15.28%13.60%10.52%

Drawdowns

MNY vs. BANK.TO - Drawdown Comparison

The maximum MNY drawdown since its inception was -84.92%, which is greater than BANK.TO's maximum drawdown of -29.03%. Use the drawdown chart below to compare losses from any high point for MNY and BANK.TO.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

MNY vs. BANK.TO - Volatility Comparison

MoneyHero Limited Class A Ordinary Shares (MNY) has a higher volatility of 13.37% compared to Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK.TO) at 2.01%. This indicates that MNY's price experiences larger fluctuations and is considered to be riskier than BANK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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