VALT.TO vs. VALT-U.TO
VALT.TO (CI Gold Bullion ETF) and VALT-U.TO (CI Gold Bullion ETF (US$ Series)) are both Gold funds. VALT.TO is passively managed, while VALT-U.TO is actively managed. Over the past 5 years, VALT.TO returned 16.17%/yr vs 20.59%/yr for VALT-U.TO. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
VALT.TO vs. VALT-U.TO - Performance Comparison
Loading charts...
Different Trading Currencies
VALT.TO is traded in CAD, while VALT-U.TO is traded in USD. To make them comparable, the VALT-U.TO values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, VALT.TO achieves a -6.93% return, which is significantly lower than VALT-U.TO's -1.75% return.
VALT.TO
- 1D
- 0.19%
- 1M
- 1.59%
- 6M
- -19.64%
- YTD
- -6.93%
- 1Y
- 17.76%
- 3Y*
- 25.22%
- 5Y*
- 16.17%
- 10Y*
- —
- ALL TIME*
- 13.95%
VALT-U.TO
- 1D
- -0.33%
- 1M
- 2.69%
- 6M
- -15.30%
- YTD
- -1.75%
- 1Y
- 26.67%
- 3Y*
- 30.68%
- 5Y*
- 20.59%
- 10Y*
- —
- ALL TIME*
- 17.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
VALT-U.TO CI Gold Bullion ETF (US$ Series) | CA$63.83K | CA$97.53K | CA$318.25K |
VALT.TO CI Gold Bullion ETF | CA$185.75K | CA$223.40K | CA$363.49K |
VALT.TO vs. VALT-U.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VALT.TO CI Gold Bullion ETF | -6.93% | 60.46% | 25.58% | 12.35% | 0.92% | -3.72% |
VALT-U.TO CI Gold Bullion ETF (US$ Series) | -1.75% | 57.87% | 36.96% | 10.73% | 5.35% | -0.94% |
Correlation
The correlation between VALT.TO and VALT-U.TO is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2021 | 0.56 |
Over the past year, VALT.TO and VALT-U.TO have become more correlated (0.89) than their long-term average of 0.56, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
VALT.TO vs. VALT-U.TO — Risk / Return Rank
VALT.TO
VALT-U.TO
VALT.TO vs. VALT-U.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Gold Bullion ETF (VALT.TO) and CI Gold Bullion ETF (US$ Series) (VALT-U.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.
| VALT.TO | VALT-U.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.20 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.71 | -0.05 |
| Martin ratioReturn relative to average drawdown | 1.48 | 1.60 | -0.12 |
Loading charts...
Drawdowns
VALT.TO vs. VALT-U.TO - Drawdown Comparison
The maximum VALT.TO drawdown since its inception was -27.07%, smaller than the maximum VALT-U.TO drawdown of -37.16%. Use the drawdown chart below to compare losses from any high point for VALT.TO and VALT-U.TO.
Loading charts...
Drawdown Indicators
| VALT.TO | VALT-U.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.07% | -37.16% | +10.09% |
Max Drawdown (1Y)Largest decline over 1 year | -27.07% | -37.16% | +10.09% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | -37.16% | +10.09% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -37.16% | +10.09% |
Current DrawdownCurrent decline from peak | -25.75% | -34.51% | +8.76% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -5.97% | -0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.03% | 16.41% | -4.38% |
Volatility
VALT.TO vs. VALT-U.TO - Volatility Comparison
The current volatility for CI Gold Bullion ETF (VALT.TO) is 6.20%, while CI Gold Bullion ETF (US$ Series) (VALT-U.TO) has a volatility of 6.88%. This indicates that VALT.TO experiences smaller price fluctuations and is considered to be less risky than VALT-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VALT.TO | VALT-U.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.20% | 6.88% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 24.23% | 38.72% | -14.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.23% | 41.47% | -13.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.62% | 23.17% | -4.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 22.51% | -4.30% |
Dividends
VALT.TO vs. VALT-U.TO - Dividend Comparison
Neither VALT.TO nor VALT-U.TO has paid dividends to shareholders.
Frequently Asked Questions
VALT.TO and VALT-U.TO have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: CI Global Asset Management and CI.
Find the right allocation for VALT.TO and VALT-U.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer