A side-by-side comparison of iShares Premium Money Market Common Class (CMR) and GLOBAL X HIGH INTEREST SAVINGS ETF (CASH) to help Canadian investors make an informed decision.
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1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | CMR | CASH |
|---|---|---|
| YTD Return | +0.04% | +0.04%✓ |
| 1-Day Change | -0.02% | 0.00%✓ |
| 1-Week Change | +0.04%✓ | -0.11% |
| 1-Month Change | +0.02%✓ | +0.01% |
| Current Price | $50.04 | $50.01 |
| AUM | $2.66B | $6.71B✓ |
| MER (Expense Ratio) | 0% | 0% |
| Dividend Yield | 2.54%✓ | 2.24% |
| Distribution Frequency | Monthly | Monthly |
| Inception Date | 2008-02-19 | 2021-11-01 |
| Holdings Count | 9 | 1 |
| MorningStar Rating | — | — |
| Category | Canadian Money Market | Canadian Money Market |
| Beta | 0.00 | 0.00 |
| 52-Week High | $50.05 | $50.02 |
| 52-Week Low | $48.87 | $48.92 |
| 50-Day MA | $50.05 | $50.03 |
| 200-Day MA | $50.08 | $50.02 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | CMR | CASH |
|---|---|---|
| YTD | +0.04% | +0.04%✓ |
| 1 Year | +2.36%✓ | +2.23% |
| 3 Year | +3.73%✓ | +3.63% |
| 5 Year | +2.94% | — |
| 10 Year | +1.89% | — |
| 1Y Volatility | 0.18% | 0.08% |
| Sharpe Ratio (3Y) | 0.01 | -1.31 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | Federation des caisses Desjardins 0% | 4.82% | |
| 2 | Mizuho Bank Ltd., Canada Branch 0% | 4.63% | |
| 3 | BNP Paribas Canada Branch 0% | 4.62% | |
| 4 | Ontario (Province Of) 0% | 3.85% | |
| 5 | Province of Nova Scotia 0% | 3.76% | |
| 6 | Sumitomo Mitsui Banking Corporation of Canada 0% | 3.57% | |
| 7 | Manulife Bank of Canada 0% | 3.37% | |
| 8 | MUFG Bank Ltd Canada Branch 0% | 3.08% | |
| 9 | Province of Alberta 0% | 2.41% |
| 1 | HSAV | Horizons Cash Maximizer Corporate Class ETF | 0.00% |
Sector Weights
| Sector | CMR | CASH |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About CMR
iShares Premium Money Market Common Class (CMR.TO) is a Canadian-listed ETF traded on the Toronto Stock Exchange. More detailed information will be available soon.
About CASH
NA
Which ETF is Right for You?
Both CMR and CASH 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, CASH 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 CMR and CASH?
CMR (iShares Premium Money Market Common Class) and CASH (GLOBAL X HIGH INTEREST SAVINGS ETF) are both Canadian-listed ETFs. Key differences include their AUM ($2.66B vs $6.71B), dividend yield (2.54% vs 2.24%), and year-to-date performance (+0.04% vs +0.04%).
Is CMR better than CASH?
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 CMR and CASH on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both CMR and CASH should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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