PFL vs. CMR.TO

Last updated Feb 7, 2026

Compare and contrast key facts about Perpetual Global Income Fund (PFL) and iShares Premium Money Market ETF (CMR.TO).

CMR.TO is an actively managed fund by iShares. It was launched on Feb 19, 2008.

Performance

PFL vs. CMR.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Perpetual Global Income Fund (PFL) and iShares Premium Money Market ETF (CMR.TO). The values are adjusted to include any dividend payments, if applicable.

PFL vs. CMR.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFL Perpetual Global Income Fund	1.21%	13.03%	11.51%	17.29%	-17.92%	4.62%	7.11%	19.65%	2.06%	21.26%
CMR.TO iShares Premium Money Market ETF	-0.71%	7.60%	-3.57%	7.08%	-5.09%	0.74%	2.49%	6.70%	-6.57%	7.58%

Different Trading Currencies

PFL is traded in USD, while CMR.TO is traded in CAD. To make them comparable, the CMR.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

PFL

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMR.TO

• 1D: 0.14%
• 1M: -1.66%
• YTD: -0.71%
• 6M: 1.24%
• 1Y: 6.03%
• 3Y*: 2.89%
• 5Y*: 0.77%
• 10Y*: 1.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PFL vs. CMR.TO - Expense Ratio Comparison

CMR.TO

iShares Premium Money Market ETF

Return for Risk

PFL vs. CMR.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PFL

PFL Risk / Return Rank: 56
PFL Sharpe Ratio Rank: 51
PFL Sortino Ratio Rank: 43
PFL Omega Ratio Rank: 67
PFL Calmar Ratio Rank: 54
PFL Martin Ratio Rank: 63

CMR.TO

CMR.TO Risk / Return Rank: 100
CMR.TO Sharpe Ratio Rank: 100
CMR.TO Sortino Ratio Rank: 100
CMR.TO Omega Ratio Rank: 100
CMR.TO Calmar Ratio Rank: 99
CMR.TO Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFL vs. CMR.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Perpetual Global Income Fund (PFL) and iShares Premium Money Market ETF (CMR.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PFL	CMR.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.17	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.12	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.17	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.09	—

Correlation

The correlation between PFL and CMR.TO is 0.22, 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.

Dividends

PFL vs. CMR.TO - Dividend Comparison

PFL's dividend yield for the trailing twelve months is around 11.56%, more than CMR.TO's 2.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFL Perpetual Global Income Fund	9.63%	11.59%	11.66%	11.57%	12.04%	9.53%	9.44%	9.11%	9.94%	9.25%	10.22%	11.09%
CMR.TO iShares Premium Money Market ETF	2.57%	2.81%	4.56%	4.64%	1.62%	0.00%	0.47%	1.60%	1.33%	0.61%	0.43%	0.48%

Drawdowns

Drawdown Indicators

	PFL	CMR.TO	Difference
Max Drawdown Largest peak-to-trough decline	-77.97%	-0.52%	-77.45%
Max Drawdown (1Y) Largest decline over 1 year	-9.77%	-0.09%	-9.68%
Max Drawdown (5Y) Largest decline over 5 years	-33.30%	-0.09%	-33.21%
Max Drawdown (10Y) Largest decline over 10 years	-48.40%	-0.14%	-48.26%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-11.11%	-0.01%	-11.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	0.01%	+1.83%

Volatility

Volatility by Period

	PFL	CMR.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.22%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	6.35%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	6.82%	—