ONEB.TO vs. CMNY.TO
ONEB.TO (CI North American Core Plus Bond ETF) and CMNY.TO (CI Money Market ETF CAD Series) are both exchange-traded funds - ONEB.TO is a Intermediate Core-Plus Bond fund actively managed by CI, while CMNY.TO is a Money Market fund actively managed by CI. Both are actively managed. Over the past year, ONEB.TO returned 2.81% vs 2.44% for CMNY.TO. At a 0.01 correlation, their price movements are largely independent.
Performance
ONEB.TO vs. CMNY.TO - Performance Comparison
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Returns By Period
In the year-to-date period, ONEB.TO achieves a 1.50% return, which is significantly higher than CMNY.TO's 1.17% return.
ONEB.TO
- 1D
- 0.18%
- 1M
- 0.44%
- YTD
- 1.50%
- 6M
- 1.58%
- 1Y
- 2.81%
- 3Y*
- 4.53%
- 5Y*
- 1.83%
- 10Y*
- —
CMNY.TO
- 1D
- 0.00%
- 1M
- 0.20%
- YTD
- 1.17%
- 6M
- 1.17%
- 1Y
- 2.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ONEB.TO vs. CMNY.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ONEB.TO CI North American Core Plus Bond ETF | 1.50% | 2.57% | 5.27% | 3.89% |
CMNY.TO CI Money Market ETF CAD Series | 1.17% | 2.83% | 4.77% | 2.00% |
Correlation
The correlation between ONEB.TO and CMNY.TO is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2023 | 0.01 |
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Return for Risk
ONEB.TO vs. CMNY.TO — Risk / Return Rank
ONEB.TO
CMNY.TO
ONEB.TO vs. CMNY.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI North American Core Plus Bond ETF (ONEB.TO) and CI Money Market ETF CAD Series (CMNY.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ONEB.TO | CMNY.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.32 | ||
| Sortino ratioReturn per unit of downside risk | -15.45 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 3.60 | -2.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 49.15 | -47.57 |
| Martin ratioReturn relative to average drawdown | 3.86 | 197.17 | -193.31 |
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Drawdowns
ONEB.TO vs. CMNY.TO - Drawdown Comparison
The maximum ONEB.TO drawdown since its inception was -11.25%, which is greater than CMNY.TO's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for ONEB.TO and CMNY.TO.
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Drawdown Indicators
| ONEB.TO | CMNY.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.25% | -0.83% | -10.42% |
Max Drawdown (1Y)Largest decline over 1 year | -1.79% | -0.05% | -1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -1.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -7.60% | — | — |
Current DrawdownCurrent decline from peak | -0.02% | 0.00% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -2.03% | -0.05% | -1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 0.01% | +0.72% |
Volatility
ONEB.TO vs. CMNY.TO - Volatility Comparison
CI North American Core Plus Bond ETF (ONEB.TO) has a higher volatility of 0.81% compared to CI Money Market ETF CAD Series (CMNY.TO) at 0.08%. This indicates that ONEB.TO's price experiences larger fluctuations and is considered to be riskier than CMNY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ONEB.TO | CMNY.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 0.08% | +0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.14% | 0.22% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.87% | 0.34% | +2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.45% | 1.01% | +2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.43% | 1.01% | +4.42% |
Dividends
ONEB.TO vs. CMNY.TO - Dividend Comparison
ONEB.TO's dividend yield for the trailing twelve months is around 2.94%, more than CMNY.TO's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CMNY.TO CI Money Market ETF CAD Series | 2.49% | 2.89% | 4.64% | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ONEB.TO CI North American Core Plus Bond ETF | 2.94% | 2.48% | 2.73% | 2.74% | 2.72% | 1.89% | 2.60% | 2.14% | 0.18% |
Frequently Asked Questions
ONEB.TO and CMNY.TO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONEB.TO is categorized as Intermediate Core-Plus Bond, while CMNY.TO is Money Market.
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