A side-by-side comparison of CI Marret Alternative Absolute Return Bond ETF Common Units (CMAR) and Purpose Credit Opportunities Fund ETF (CROP) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | CMAR | CROP |
|---|---|---|
| YTD Return | -0.61% | +0.31%✓ |
| 1-Day Change | +0.11%✓ | +0.10% |
| 1-Week Change | +0.17%✓ | +0.05% |
| 1-Month Change | -0.22% | -0.31%✓ |
| Current Price | $18.03 | $19.33 |
| AUM | $17M | $293M✓ |
| MER (Expense Ratio) | 1.38% | 0%✓ |
| Dividend Yield | 4.49% | 5.46%✓ |
| Distribution Frequency | — | Monthly |
| Inception Date | 2020-01-23 | 2021-09-29 |
| Holdings Count | 9 | 1 |
| MorningStar Rating | — | — |
| Category | Alternative Credit Focused | Alternative Credit Focused |
| Beta | 0.00 | 0.00 |
| 52-Week High | $18.10 | $19.38 |
| 52-Week Low | $17.42 | $17.85 |
| 50-Day MA | $18.08 | $19.39 |
| 200-Day MA | $18.17 | $19.31 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CMAR | CROP |
|---|---|---|
| YTD | -0.61% | +0.31%✓ |
| 1 Year | +3.24% | +7.89%✓ |
| 3 Year | +5.08% | +9.19%✓ |
| 5 Year | +1.32% | — |
| 10 Year | — | — |
| 1Y Volatility | 2.09% | 2.58% |
| Sharpe Ratio (3Y) | 0.24 | 1.59 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | United States Treasury Bonds 1.88% | 3.19% | |
| 2 | Tenet Healthcare Corporation 4.62% | 2.77% | |
| 3 | Canada (Government of) 2% | 2.44% | |
| 4 | Canada (Government of) 1.5% | 2.06% | |
| 5 | United States Treasury Bonds 1.62% | 1.93% | |
| 6 | Canada (Government of) 1.25% | 1.70% | |
| 7 | Canada (Government of) 0.5% | 1.67% | |
| 8 | iShares iBoxx $ Invmt Grade Corp Bd ETF | 1.25% | |
| 9 | Ford Motor Credit Company LLC | 1.18% |
| 1 | RPS | Purpose Canadian Preferred Share Fund ETF | 3.65% |
Sector Weights
| Sector | CMAR | CROP |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 13.58% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 7.04% |
| Financial Services | 0.00% | 15.48% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 57.40% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 6.50% |
About CMAR
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About CROP
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Which ETF is Right for You?
Both CMAR and CROP are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, CROP scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between CMAR and CROP?
CMAR (CI Marret Alternative Absolute Return Bond ETF Common Units) and CROP (Purpose Credit Opportunities Fund ETF) are both Canadian-listed ETFs. Key differences include their AUM ($17M vs $293M), dividend yield (4.49% vs 5.46%), and year-to-date performance (-0.61% vs +0.31%).
Is CMAR better than CROP?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy CMAR and CROP on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CMAR and CROP should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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