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Evolve US Banks Enhanced Yield Fund Hedged Units (CALL.TO) Sharpe Ratio: 1.03

ETF · Currency in CAD · Last updated Jul 25, 2026

Evolve US Banks Enhanced Yield Fund invests primarily in large U.S. banks represented by the Solactive Equal Weight US Bank Index Canadian Dollar Hedged and writes covered calls on up to 33% of the portfolio.

CALL.TO's Sharpe Ratio of 1.03 indicates that for each unit of volatility, it generates 1.03 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 25, 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. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

CALL.TO Sharpe Ratio Rank

CALL.TO Sharpe Ratio Rank: 41.742
Average

CALL.TO ranks above 41.7% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced 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

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

CALL.TO Sharpe Ratio Market Positioning

The chart shows CALL.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%): 0.58 or lower
  • Yellow zone (middle 50%): 0.58 to 1.73
  • Green zone (top 25%): 1.73 or higher
  • Top 1%: 6.36+
  • Median: 1.22 — half of all investments score higher

How it compares to other similar ETFs

The table compares Evolve US Banks Enhanced Yield Fund Hedged Units's Sharpe Ratio with other ETFs in the Derivative Income, Financials Equities, Equal Weight category across multiple time periods, showing how CALL.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
BNKL.TOGlobal X Enhanced Equal Weight Banks Index ETF5.30
CBNK.TOMulvihill Canadian Bank Enhanced Yield ETF5.28
BANK.TOEvolve Canadian Banks and Lifecos Enhanced Yield Index Fund5.16
HLIF.TOHarvest Canadian Equity Income Leaders ETF Class A5.13
HCAL.TOHamilton Enhanced Canadian Bank ETF5.02
ZEB.TOBMO Equal Weight Banks Index ETF4.90
HBNK.TOGlobal X Equal Weight Banks Index ETF4.87
HEWB.TOGlobal X Equal Weight Canadian Banks Index Corporate Class ETF4.80
HEB.TOHamilton Canadian Bank Equal-Weight Index ETF4.71
RBNK.TORBC Canadian Bank Yield Index ETF4.70
CALL.TOEvolve US Banks Enhanced Yield Fund Hedged Units1.03

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CALL.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 CALL.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does CALL.TO fit in your portfolio?

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