ZMMK.TO vs. MNY
Compare and contrast key facts about BMO Money Market Fund ETF Series (ZMMK.TO) and MoneyHero Limited Class A Ordinary Shares (MNY).
ZMMK.TO is an actively managed fund by BMO. It was launched on Nov 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZMMK.TO or MNY.
Correlation
The correlation between ZMMK.TO and MNY is 0.09, 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.
Performance
ZMMK.TO vs. MNY - Performance Comparison
Key characteristics
ZMMK.TO:
14.21
MNY:
-0.47
ZMMK.TO:
45.71
MNY:
-0.35
ZMMK.TO:
16.36
MNY:
0.96
ZMMK.TO:
76.03
MNY:
-0.70
ZMMK.TO:
527.04
MNY:
-1.01
ZMMK.TO:
0.01%
MNY:
52.66%
ZMMK.TO:
0.32%
MNY:
105.23%
ZMMK.TO:
-0.16%
MNY:
-78.16%
ZMMK.TO:
0.00%
MNY:
-75.68%
Returns By Period
In the year-to-date period, ZMMK.TO achieves a 0.40% return, which is significantly higher than MNY's -12.50% return.
ZMMK.TO
0.40%
0.28%
2.00%
4.54%
N/A
N/A
MNY
-12.50%
-10.91%
-21.60%
-61.87%
N/A
N/A
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Risk-Adjusted Performance
ZMMK.TO vs. MNY — Risk-Adjusted Performance Rank
ZMMK.TO
MNY
ZMMK.TO vs. MNY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO Money Market Fund ETF Series (ZMMK.TO) and MoneyHero Limited Class A Ordinary Shares (MNY). 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.
Dividends
ZMMK.TO vs. MNY - Dividend Comparison
ZMMK.TO's dividend yield for the trailing twelve months is around 4.54%, while MNY has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
ZMMK.TO BMO Money Market Fund ETF Series | 4.54% | 4.66% | 4.98% | 1.95% | 0.04% |
MNY MoneyHero Limited Class A Ordinary Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ZMMK.TO vs. MNY - Drawdown Comparison
The maximum ZMMK.TO drawdown since its inception was -0.16%, smaller than the maximum MNY drawdown of -78.16%. Use the drawdown chart below to compare losses from any high point for ZMMK.TO and MNY. For additional features, visit the drawdowns tool.
Volatility
ZMMK.TO vs. MNY - Volatility Comparison
The current volatility for BMO Money Market Fund ETF Series (ZMMK.TO) is 1.66%, while MoneyHero Limited Class A Ordinary Shares (MNY) has a volatility of 9.58%. This indicates that ZMMK.TO experiences smaller price fluctuations and is considered to be less risky than MNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.