CMNY
CI Money Market ETF

Full CMNY fund page
VS
CFRN
CIBC Active Investment Grade Floating Rate Bond ETF

Full CFRN fund page

CI Money Market ETF (CMNY) and CIBC Active Investment Grade Floating Rate Bond ETF (CFRN) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CMNY focuses its top 3 sector exposures on Finance, Municipal, and Sovereign, while CFRN leans towards Finance, Consumer Cyclicals, and Industrials. When evaluating costs, CMNY features a management fee (MER) of 0.14%, compared to 0.3% for CFRN. Performance-wise, CMNY has returned 2.04% year-to-date with +$249 M in net flows, whereas CFRN is at 2.31% with +$105 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.

NAV Performance and Flows

0.00.10.10.10.2%Oct 5Oct 13Oct 20Oct 27Nov 3

Key Data

Historical performance and flows

As of November 5, 2026
1M3MYTD1Y3Y
Perf.
CMNY
+0.21%+0.61%+2.04%+2.40%+10.74%
CFRN
+0.20%+0.64%+2.31%+2.78%+12.13%
Flows
CMNY
+$41 M+$207 M+$249 M+$254 M+$323 M
CFRN
+$17 M+$32 M+$105 M+$145 M+$311 M

CMNY vs CFRN exposure

Countries

CMNY
Other
52.70%
Canada
42.94%
CFRN
Canada
63.51%
Other
29.44%
USA
7.05%

Sectors

CMNY
Other
52.70%
Finance
16.82%
Municipal
11.83%
Sovereign
10.43%
Other
8.22%
CFRN
Finance
47.74%
Other
29.44%
Consumer Cyclicals
12.46%
Other
10.37%
As of November 5, 2026

Top 10 Holdings

CMNY
CA44925SXP87
6.51%
AIMCo Realty Investors LP, 2.195% 4nov2026, CAD
6.39%
CA13648SXT19
5.27%
Canada, Bills 0% 7oct2026, CAD (364D)
4.40%
Canada, Bills 0% 2dec2026, CAD (364D)
3.87%
CA45834AXP43
3.27%
Province of Quebec, Bills 0% 19feb2027, CAD (364D)
3.07%
CA09852UBT93
2.52%
CA05554SXW20
2.46%
BCIMC Realty, 3% 31mar2027, CAD
2.45%
CFRN
Equitable Bank, FRN 3aug2027, CAD
4.33%
Granite REIT Holdings, FRN 11dec2026, CAD
4.09%
Original WEMPI, 7.791% 4oct2027, CAD (144A)
4.05%
VW Credit Canada, FRN 19feb2027, CAD
3.94%
CA884903BX23
3.94%
Bank of Nova Scotia, FRN 10mar2029, CAD
3.93%
Enbridge, FRN 25feb2028, CAD
3.58%
Toyota Credit Canada, FRN 20nov2028, CAD (97)
3.54%
Dream Summit Industrial, FRN 4mar2028, CAD
3.32%
Chartwell Retirement Residences, 6% 8dec2026, CAD
3.21%

Diversification

CMNY
Total weight of top 10 holdings out of 94 total
40.20%
CFRN
Total weight of top 10 holdings out of 40 total
37.92%

Characteristics

Compare
CMNY
CFRN
ProviderCICIBC
ManagementActively managedActively managed
Benchmark--
Replication Method--
Asset ClassFixed IncomeFixed Income
Dividend PolicyDistributingDistributing
Trailing 12m distribution yield2.36%3.09%
Meets ESG criteriaNoNo
Inception DateJuly 21, 2023January 22, 2019

Frequently asked questions about CMNY and CFRN

Which ETF has performed better year to date: CMNY or CFRN?
As of November 5, 2026, CMNY has returned 2.04% year to date, while CFRN has returned 2.31%. CFRN is ahead on YTD performance.
Which ETF is larger by assets under management: CMNY or CFRN?
As of November 5, 2026, CMNY manages $325.26 M in assets, while CFRN manages $656.53 M. CFRN is the larger fund by AUM.
How are CMNY and CFRN managed?
CMNY is actively managed by CI. It does not track an index. CFRN is actively managed by CIBC. It does not track an index.
What sectors do CMNY and CFRN emphasize?
CMNY is most exposed to Finance, Municipal, and Sovereign. CFRN is most exposed to Finance, Consumer Cyclicals, and Industrials.
Which ETF is attracting more investor flows: CMNY or CFRN?
Year to date, CMNY has seen +$249.16 M in net flows, compared with +$105.34 M for CFRN. CMNY has attracted more net investor money so far.
How do the fees of CMNY and CFRN compare?
CMNY has an expense ratio of 0.16%, while CFRN has an expense ratio of 0.32%.
What are the top holdings of CMNY and CFRN?
CMNY's largest holdings include AIMCo Realty Investors LP, 2.195% 4nov2026, CAD and Canada, Bills 0% 7oct2026, CAD (364D). CFRN's top holdings include Equitable Bank, FRN 3aug2027, CAD and Granite REIT Holdings, FRN 11dec2026, CAD.
Which ETF is more diversified: CMNY or CFRN?
CMNY holds 42 securities, while CFRN holds 30. On holdings count, CMNY is the more diversified portfolio.

Recent articles about CMNY and CFRN

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