- Issuer
- Purpose
- Inception Date
- Dec 2, 2021
- Category
- Cryptocurrency, Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Cryptocurrency
Share Price Chart
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Performance
BTCY-B.TO Performance Chart
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) is down 26.9% since the beginning of the year. BTCY-B.TO is currently trading at CA$5 per share.
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Returns By Period
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) has returned -26.88% so far this year and -44.74% over the past 12 months.
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units
- 1D
- 0.56%
- 1M
- -2.01%
- 6M
- -34.97%
- YTD
- -26.88%
- 1Y
- -44.74%
- 3Y*
- 22.12%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.31%
- 1M
- 0.87%
- 6M
- 10.62%
- YTD
- 13.50%
- 1Y
- 24.35%
- 3Y*
- 21.67%
- 5Y*
- 14.33%
- 10Y*
- 14.32%
BTCY-B.TO Monthly Returns History
Based on dividend-adjusted daily data since Nov 30, 2021, BTCY-B.TO's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.
Historically, 54% of months were positive and 46% were negative. The best month was Feb 2024 with a return of +34.3%, while the worst month was Jun 2022 at -38.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BTCY-B.TO closed higher 49% of trading days. The best single day was Mar 13, 2023 with a return of +16.6%, while the worst single day was Jun 13, 2022 at -19.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.54% | -25.74% | 7.71% | 12.90% | -2.25% | -21.73% | 12.03% | -26.88% | |||||
| 2025 | 9.59% | -17.67% | -1.82% | 8.87% | 9.55% | 2.09% | 10.46% | -7.96% | 6.66% | -2.85% | -16.11% | -7.15% | -11.51% |
| 2024 | 4.23% | 34.30% | 9.96% | -12.78% | 13.72% | -10.37% | 9.48% | -11.42% | 8.01% | 13.83% | 32.46% | -1.22% | 113.48% |
| 2023 | 29.56% | 1.45% | 14.52% | 3.45% | -5.41% | 6.21% | -1.98% | -6.59% | 2.76% | 22.90% | 7.06% | 7.01% | 107.21% |
| 2022 | -16.63% | 7.62% | 8.36% | -12.81% | -19.01% | -38.14% | 24.97% | -12.38% | 2.15% | 2.64% | -17.37% | -2.55% | -60.74% |
| 2021 | -3.24% | -19.73% | -22.33% |
Benchmark Metrics
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units has an annualized alpha of -8.55%, beta of 1.03, and R2 of 0.14 versus S&P 500 Index. Calculated based on daily prices since November 30, 2021.
- This ETF participated in 154.01% of S&P 500 Index downside but only 70.10% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.14 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -8.55%
- Beta
- 1.03
- R²
- 0.14
- Upside Capture
- 70.10%
- Downside Capture
- 154.01%
Return for Risk
Risk / Return Rank
BTCY-B.TO ranks 2 for risk / return — in the bottom 2% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units (BTCY-B.TO) and compare them to S&P 500 Index.
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.
| BTCY-B.TO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.81 | ||
| Sortino ratioReturn per unit of downside risk | -3.94 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.33 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 2.67 | -3.49 |
| Martin ratioReturn relative to average drawdown | -1.32 | 9.87 | -11.19 |
Dividends
Dividend History
Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units provided a 21.56% dividend yield over the last twelve months, with an annual payout of CA$1.16 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | CA$1.16 | CA$1.16 | CA$0.79 | CA$0.50 | CA$0.56 | CA$0.10 |
Dividend yield | 21.56% | 14.33% | 7.69% | 9.31% | 19.45% | 1.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.00 | CA$0.58 | |||||
| 2025 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$0.10 | CA$1.16 |
| 2024 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.06 | CA$0.10 | CA$0.10 | CA$0.79 |
| 2023 | CA$0.02 | CA$0.02 | CA$0.02 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.05 | CA$0.06 | CA$0.06 | CA$0.50 |
| 2022 | CA$0.00 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.08 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.04 | CA$0.03 | CA$0.02 | CA$0.56 |
| 2021 | CA$0.10 | CA$0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units was 71.05%, occurring on Nov 21, 2022. Recovery took 385 trading sessions.
The current Purpose Bitcoin Yield ETF CAD Non-Currency Hedged Units drawdown is 49.29%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-71.05%Nov 2022 | 11mo 26d | 1y 6mo | 2y 6moNov 2021 - Jun 2024 | Bear market2022 |
-54.74%Jun 2026 | 8mo 26d | — | 9mo 12dOct 2025 - now | — |
-27.75%Apr 2025 | 3mo 21d | 1mo 14d | 5mo 5dDec 2024 - May 2025 | 2025 selloff2025 |
-23.76%Sep 2024 | 3mo 2d | 1mo 22d | 4mo 24dJun 2024 - Oct 2024 | — |
-11.36%Aug 2025 | 15d | 1mo 4d | 1mo 19dAug 2025 - Oct 2025 | — |
Drawdown Indicators
| BTCY-B.TO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.05% | -48.87% | -22.18% |
Max Drawdown (1Y)Largest decline over 1 year | -54.74% | -9.17% | -45.57% |
Max Drawdown (3Y)Largest decline over 3 years | -54.74% | -19.59% | -35.15% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.97% | — |
Current DrawdownCurrent decline from peak | -49.29% | -0.82% | -48.47% |
Average DrawdownAverage peak-to-trough decline | -32.78% | -9.63% | -23.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.96% | 2.47% | +31.49% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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