MNY vs. ZMMK.TO
Compare and contrast key facts about MoneyHero Limited Class A Ordinary Shares (MNY) and BMO Money Market Fund ETF Series (ZMMK.TO).
ZMMK.TO is an actively managed fund by BMO. It was launched on Nov 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNY or ZMMK.TO.
Correlation
The correlation between MNY and ZMMK.TO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MNY vs. ZMMK.TO - Performance Comparison
Key characteristics
MNY:
-0.47
ZMMK.TO:
14.21
MNY:
-0.35
ZMMK.TO:
45.71
MNY:
0.96
ZMMK.TO:
16.36
MNY:
-0.70
ZMMK.TO:
76.03
MNY:
-1.01
ZMMK.TO:
527.04
MNY:
52.66%
ZMMK.TO:
0.01%
MNY:
105.23%
ZMMK.TO:
0.32%
MNY:
-78.16%
ZMMK.TO:
-0.16%
MNY:
-75.68%
ZMMK.TO:
0.00%
Returns By Period
In the year-to-date period, MNY achieves a -12.50% return, which is significantly lower than ZMMK.TO's 0.40% return.
MNY
-12.50%
-10.91%
-21.60%
-61.87%
N/A
N/A
ZMMK.TO
0.40%
0.28%
2.00%
4.54%
N/A
N/A
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Risk-Adjusted Performance
MNY vs. ZMMK.TO — Risk-Adjusted Performance Rank
MNY
ZMMK.TO
MNY vs. ZMMK.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MoneyHero Limited Class A Ordinary Shares (MNY) and BMO Money Market Fund ETF Series (ZMMK.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.
Dividends
MNY vs. ZMMK.TO - Dividend Comparison
MNY has not paid dividends to shareholders, while ZMMK.TO's dividend yield for the trailing twelve months is around 4.54%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
MNY MoneyHero Limited Class A Ordinary Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZMMK.TO BMO Money Market Fund ETF Series | 4.54% | 4.66% | 4.98% | 1.95% | 0.04% |
Drawdowns
MNY vs. ZMMK.TO - Drawdown Comparison
The maximum MNY drawdown since its inception was -78.16%, which is greater than ZMMK.TO's maximum drawdown of -0.16%. Use the drawdown chart below to compare losses from any high point for MNY and ZMMK.TO. For additional features, visit the drawdowns tool.
Volatility
MNY vs. ZMMK.TO - Volatility Comparison
MoneyHero Limited Class A Ordinary Shares (MNY) has a higher volatility of 9.58% compared to BMO Money Market Fund ETF Series (ZMMK.TO) at 1.66%. This indicates that MNY's price experiences larger fluctuations and is considered to be riskier than ZMMK.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.