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Purpose Bitcoin Yield ETF - ETF Units (BTCY.TO) Sharpe Ratio: -0.88

ETF · Currency in CAD · Last updated Jun 4, 2026

The Purpose Bitcoin Yield ETF seeks to provide unitholders with long-term capital appreciation by holding Bitcoin, generating monthly income distributions through covered call options and cash covered put options written on a portion of the portfolio.

BTCY.TO's Sharpe Ratio of -0.88 indicates that for each unit of volatility, it generates -0.88 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 4, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

BTCY.TO Sharpe Ratio Rank

BTCY.TO Sharpe Ratio Rank: 2.12
Concerning

BTCY.TO ranks above 2.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

BTCY.TO Sharpe Ratio Market Positioning

The chart shows BTCY.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.84 or lower
  • Yellow zone (middle 50%): 0.84 to 2.41
  • Green zone (top 25%): 2.41 or higher
  • Top 1%: 7.82+
  • Median: 1.69 — half of all investments score higher

How it compares to other similar ETFs

The table compares BTCY.TO's Sharpe Ratio with other similar investments across multiple time periods.

Data shows available time periods plus all-time averages, as of Jun 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
MNY.TOPurpose Cash Management Fund16.08
SOXU.TOMegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF15.58
CMR.TOiShares Premium Money Market ETF10.61
PSA.TOPurpose High Interest Savings Fund10.34
CASH.TOGlobal X High Interest Savings ETF10.33
CSAV.TOCI High Interest Savings ETF9.76
ZMMK.TOBMO Money Market Fund ETF Series9.66
CBIL.TOGlobal X 0-3 Month T-Bill ETF9.47
UBIL-U.TOGlobal X 0-3 Month U.S. T-Bill ETF USD8.69
TBIL.TOHarvest Canadian T-Bill ETF8.01
BTCY.TOPurpose Bitcoin Yield ETF - ETF Units-0.88

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows BTCY.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BTCY.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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