UMRT.TO vs. CASH.TO

Last updated Jun 5, 2026

UMRT.TO (Global X Equal Weight U.S. Groceries & Staples Index ETF) and CASH.TO (Global X High Interest Savings ETF) are both exchange-traded funds - UMRT.TO is a Consumer Staples Equities fund tracking the Mirae Asset Equal Weight U.S. Groceries and Staples Index, while CASH.TO is a Money Market fund actively managed by Global X. UMRT.TO is passively managed, while CASH.TO is actively managed. Over the past year, UMRT.TO returned 9.96% vs 2.23% for CASH.TO. At a 0.00 correlation, their price movements are largely independent. UMRT.TO charges 0.25%/yr vs 0.11%/yr for CASH.TO.

Performance

UMRT.TO vs. CASH.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Equal Weight U.S. Groceries & Staples Index ETF (UMRT.TO) and Global X High Interest Savings ETF (CASH.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UMRT.TO achieves a 10.82% return, which is significantly higher than CASH.TO's 0.84% return.

UMRT.TO

• 1D: 0.05%
• 1M: -6.39%
• YTD: 10.82%
• 6M: 8.77%
• 1Y: 9.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CASH.TO

• 1D: 0.01%
• 1M: 0.16%
• YTD: 0.84%
• 6M: 1.02%
• 1Y: 2.23%
• 3Y*: 3.62%
• 5Y*: —
• 10Y*: —

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

UMRT.TO vs. CASH.TO - Yearly Performance Comparison

	2026 (YTD)	2025
UMRT.TO Global X Equal Weight U.S. Groceries & Staples Index ETF	10.82%	-0.58%
CASH.TO Global X High Interest Savings ETF	0.84%	1.62%

Correlation

The correlation between UMRT.TO and CASH.TO is -0.03, 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	-0.03
Correlation (All Time) Calculated using the full available price history since May 1, 2025	0.00

Return for Risk

UMRT.TO vs. CASH.TO — Risk / Return Rank

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

UMRT.TO

UMRT.TO Risk / Return Rank: 29
UMRT.TO Sharpe Ratio Rank: 21
UMRT.TO Sortino Ratio Rank: 20
UMRT.TO Omega Ratio Rank: 47
UMRT.TO Calmar Ratio Rank: 25
UMRT.TO Martin Ratio Rank: 31

CASH.TO

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

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.

UMRT.TO vs. CASH.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Equal Weight U.S. Groceries & Staples Index ETF (UMRT.TO) and Global X High Interest Savings ETF (CASH.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.

	UMRT.TO	CASH.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.67	10.38	-9.71
Sortino ratio: Return per unit of downside risk	1.04	32.63	-31.59
Omega ratio: Gain probability vs. loss probability	1.30	7.50	-6.20
Calmar ratio: Return relative to maximum drawdown	1.13	112.00	-110.87
Martin ratio: Return relative to average drawdown	4.40	470.40	-466.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UMRT.TO vs. CASH.TO - Sharpe Ratio Comparison

The current UMRT.TO Sharpe Ratio is 0.67, which is lower than the CASH.TO Sharpe Ratio of 10.38. The chart below compares the historical Sharpe Ratios of UMRT.TO and CASH.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UMRT.TO	CASH.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	10.38	-9.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	5.52	-4.90

Drawdowns

UMRT.TO vs. CASH.TO - Drawdown Comparison

The maximum UMRT.TO drawdown since its inception was -8.82%, which is greater than CASH.TO's maximum drawdown of -0.80%. Use the drawdown chart below to compare losses from any high point for UMRT.TO and CASH.TO.

Drawdown Indicators

	UMRT.TO	CASH.TO	Difference
Max Drawdown Largest peak-to-trough decline	-8.82%	-0.80%	-8.02%
Max Drawdown (1Y) Largest decline over 1 year	-8.82%	-0.02%	-8.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.06%	—
Current Drawdown Current decline from peak	-8.78%	0.00%	-8.78%
Average Drawdown Average peak-to-trough decline	-2.39%	-0.00%	-2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.27%	0.00%	+2.27%

Volatility

UMRT.TO vs. CASH.TO - Volatility Comparison

Global X Equal Weight U.S. Groceries & Staples Index ETF (UMRT.TO) has a higher volatility of 9.50% compared to Global X High Interest Savings ETF (CASH.TO) at 0.06%. This indicates that UMRT.TO's price experiences larger fluctuations and is considered to be riskier than CASH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UMRT.TO	CASH.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.50%	0.06%	+9.44%
Volatility (6M) Calculated over the trailing 6-month period	12.68%	0.13%	+12.55%
Volatility (1Y) Calculated over the trailing 1-year period	14.94%	0.22%	+14.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	0.61%	+14.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.23%	0.61%	+14.62%

UMRT.TO vs. CASH.TO - Expense Ratio Comparison

UMRT.TO has a 0.25% expense ratio, which is higher than CASH.TO's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

UMRT.TO vs. CASH.TO - Dividend Comparison

UMRT.TO's dividend yield for the trailing twelve months is around 0.94%, less than CASH.TO's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021
CASH.TO Global X High Interest Savings ETF	2.19%	2.53%	4.37%	5.06%	2.30%	0.10%
UMRT.TO Global X Equal Weight U.S. Groceries & Staples Index ETF	0.94%	1.04%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UMRT.TO and CASH.TO in my portfolio?

UMRT.TO and CASH.TO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UMRT.TO or CASH.TO?

On fees, CASH.TO is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UMRT.TO or CASH.TO?

CASH.TO is cheaper with a 0.11% expense ratio, compared with 0.25% for UMRT.TO.

What is the main difference between UMRT.TO and CASH.TO?

UMRT.TO is categorized as Consumer Staples Equities, while CASH.TO is Money Market. Their fees differ too: 0.25% for UMRT.TO and 0.11% for CASH.TO.