RIT.TO vs. RMAX.TO

Last updated Apr 1, 2026

Compare and contrast key facts about CI Canadian REIT ETF (RIT.TO) and Hamilton REITs YIELD MAXIMIZER ETF (RMAX.TO).

RIT.TO and RMAX.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIT.TO is an actively managed fund by CI Investments. It was launched on Nov 15, 2004. RMAX.TO is managed by Hamilton ETFs.

Performance

RIT.TO vs. RMAX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Canadian REIT ETF (RIT.TO) and Hamilton REITs YIELD MAXIMIZER ETF (RMAX.TO). The values are adjusted to include any dividend payments, if applicable.

RIT.TO vs. RMAX.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RIT.TO CI Canadian REIT ETF	0.88%	12.19%	8.24%
RMAX.TO Hamilton REITs YIELD MAXIMIZER ETF	1.02%	5.39%	9.70%

Returns By Period

In the year-to-date period, RIT.TO achieves a 0.88% return, which is significantly lower than RMAX.TO's 1.02% return.

RIT.TO

• 1D: 1.34%
• 1M: -5.54%
• YTD: 0.88%
• 6M: -0.92%
• 1Y: 9.83%
• 3Y*: 5.42%
• 5Y*: 3.89%
• 10Y*: 6.54%

RMAX.TO

• 1D: 0.76%
• 1M: -4.81%
• YTD: 1.02%
• 6M: -2.74%
• 1Y: 4.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RIT.TO vs. RMAX.TO - Expense Ratio Comparison

RIT.TO has a 0.87% expense ratio, which is higher than RMAX.TO's 0.79% expense ratio.

RIT.TO

CI Canadian REIT ETF

RMAX.TO

Hamilton REITs YIELD MAXIMIZER ETF

Return for Risk

RIT.TO vs. RMAX.TO — Risk / Return Rank

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

RIT.TO

RIT.TO Risk / Return Rank: 41
RIT.TO Sharpe Ratio Rank: 40
RIT.TO Sortino Ratio Rank: 40
RIT.TO Omega Ratio Rank: 36
RIT.TO Calmar Ratio Rank: 47
RIT.TO Martin Ratio Rank: 40

RMAX.TO

RMAX.TO Risk / Return Rank: 21
RMAX.TO Sharpe Ratio Rank: 19
RMAX.TO Sortino Ratio Rank: 19
RMAX.TO Omega Ratio Rank: 18
RMAX.TO Calmar Ratio Rank: 25
RMAX.TO Martin Ratio Rank: 24

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.

RIT.TO vs. RMAX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Canadian REIT ETF (RIT.TO) and Hamilton REITs YIELD MAXIMIZER ETF (RMAX.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.

	RIT.TO	RMAX.TO	Difference
Sharpe ratio Return per unit of total volatility	0.76	0.30	+0.47
Sortino ratio Return per unit of downside risk	1.15	0.50	+0.65
Omega ratio Gain probability vs. loss probability	1.15	1.07	+0.08
Calmar ratio Return relative to maximum drawdown	1.23	0.56	+0.67
Martin ratio Return relative to average drawdown	3.80	1.87	+1.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RIT.TO vs. RMAX.TO - Sharpe Ratio Comparison

The current RIT.TO Sharpe Ratio is 0.76, which is higher than the RMAX.TO Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of RIT.TO and RMAX.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.

Sharpe Ratios by Period

	RIT.TO	RMAX.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.30	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.70	-0.20

Correlation

The correlation between RIT.TO and RMAX.TO is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RIT.TO vs. RMAX.TO - Dividend Comparison

RIT.TO's dividend yield for the trailing twelve months is around 4.86%, less than RMAX.TO's 9.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RIT.TO CI Canadian REIT ETF	4.86%	4.85%	5.18%	5.04%	5.04%	3.82%	4.92%	4.35%	5.11%	5.05%	5.28%	4.79%
RMAX.TO Hamilton REITs YIELD MAXIMIZER ETF	9.98%	10.65%	4.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RIT.TO vs. RMAX.TO - Drawdown Comparison

The maximum RIT.TO drawdown since its inception was -56.72%, which is greater than RMAX.TO's maximum drawdown of -15.90%. Use the drawdown chart below to compare losses from any high point for RIT.TO and RMAX.TO.

Drawdown Indicators

	RIT.TO	RMAX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-56.72%	-15.90%	-40.82%
Max Drawdown (1Y) Largest decline over 1 year	-8.45%	-10.07%	+1.62%
Max Drawdown (5Y) Largest decline over 5 years	-30.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.90%	—	—
Current Drawdown Current decline from peak	-5.54%	-5.00%	-0.54%
Average Drawdown Average peak-to-trough decline	-8.86%	-3.94%	-4.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	3.09%	-0.36%

Volatility

RIT.TO vs. RMAX.TO - Volatility Comparison

CI Canadian REIT ETF (RIT.TO) has a higher volatility of 4.09% compared to Hamilton REITs YIELD MAXIMIZER ETF (RMAX.TO) at 3.82%. This indicates that RIT.TO's price experiences larger fluctuations and is considered to be riskier than RMAX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIT.TO	RMAX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	3.82%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	8.01%	7.99%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	12.94%	13.97%	-1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.66%	13.07%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.43%	13.07%	+2.36%