- Issuer
- Evolve
- Inception Date
- Feb 17, 2021
- Category
- Cryptocurrency
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Cryptocurrency
Share Price Chart
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Performance
EBIT-U.TO Performance Chart
Evolve Bitcoin ETF USD (EBIT-U.TO) is down 26.8% since the beginning of the year. EBIT-U.TO is currently trading at $23 per share. Investors who bought $1,000 worth of EBIT-U.TO shares 5 years ago would now be looking at an investment worth $1,868.
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Returns By Period
Evolve Bitcoin ETF USD (EBIT-U.TO) has returned -26.81% so far this year and -45.49% over the past 12 months.
Evolve Bitcoin ETF USD
- 1D
- 1.65%
- 1M
- -2.19%
- 6M
- -33.71%
- YTD
- -26.81%
- 1Y
- -45.49%
- 3Y*
- 27.56%
- 5Y*
- 13.31%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.38%
- 1M
- 0.24%
- 6M
- 9.32%
- YTD
- 10.62%
- 1Y
- 21.28%
- 3Y*
- 18.90%
- 5Y*
- 11.84%
- 10Y*
- 13.36%
EBIT-U.TO Monthly Returns History
Based on dividend-adjusted daily data since Feb 19, 2021, EBIT-U.TO's average daily return is +0.07%, while the average monthly return is +1.55%. At this rate, an investment would double in approximately 3.8 years.
Historically, 50% of months were positive and 50% were negative. The best month was Feb 2024 with a return of +45.5%, while the worst month was Jun 2022 at -40.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.
On a daily basis, EBIT-U.TO closed higher 48% of trading days. The best single day was Mar 13, 2023 with a return of +23.9%, while the worst single day was Jun 13, 2022 at -19.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.46% | -21.60% | 2.08% | 13.46% | -3.85% | -21.32% | 12.71% | -26.81% | |||||
| 2025 | 9.31% | -17.95% | -1.87% | 13.88% | 10.85% | 2.59% | 10.64% | -8.79% | 5.13% | -4.11% | -17.46% | -2.57% | -6.74% |
| 2024 | 0.26% | 45.48% | 13.17% | -15.05% | 13.65% | -11.12% | 8.45% | -11.58% | 8.05% | 13.62% | 34.68% | -3.83% | 115.98% |
| 2023 | 37.60% | 3.34% | 21.25% | 2.76% | -5.38% | 9.70% | -5.09% | -6.49% | -0.40% | 26.36% | 9.83% | 12.52% | 153.86% |
| 2022 | -16.34% | 8.73% | 8.79% | -16.05% | -17.87% | -40.05% | 26.02% | -15.40% | -3.56% | 3.69% | -16.89% | -3.33% | -64.96% |
| 2021 | -13.40% | 25.32% | -2.66% | -35.26% | -6.48% | 14.85% | 18.64% | -8.02% | 43.05% | -8.62% | -20.06% | -16.24% |
Benchmark Metrics
Evolve Bitcoin ETF USD has an annualized alpha of -3.47%, beta of 1.25, and R2 of 0.14 versus S&P 500 Index. Calculated based on daily prices since February 19, 2021.
- This ETF participated in 193.96% of S&P 500 Index downside but only 171.62% 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
- -3.47%
- Beta
- 1.25
- R²
- 0.14
- Upside Capture
- 171.62%
- Downside Capture
- 193.96%
Return for Risk
Risk / Return Rank
EBIT-U.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 Evolve Bitcoin ETF USD (EBIT-U.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.
| EBIT-U.TO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.69 | ||
| Sortino ratioReturn per unit of downside risk | -3.79 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.31 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.35 | -3.19 |
| Martin ratioReturn relative to average drawdown | -1.37 | 10.19 | -11.56 |
Dividends
Dividend History
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 Evolve Bitcoin ETF USD. 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 Evolve Bitcoin ETF USD was 77.55%, occurring on Nov 14, 2022. Recovery took 331 trading sessions.
The current Evolve Bitcoin ETF USD drawdown is 48.57%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-77.55%Nov 2022 | 1y 4d | 1y 3mo | 2y 4moNov 2021 - Mar 2024 | Bear market2022 |
-54.37%Jun 2026 | 8mo 26d | — | 9mo 12dOct 2025 - now | — |
-53.16%Jul 2021 | 3mo 5d | 3mo 1d | 6mo 6dApr 2021 - Oct 2021 | — |
-28.59%Apr 2025 | 3mo 21d | 1mo 14d | 5mo 5dDec 2024 - May 2025 | 2025 selloff2025 |
-27.74%Sep 2024 | 5mo 29d | 1mo 28d | 7mo 27dMar 2024 - Nov 2024 | — |
Drawdown Indicators
| EBIT-U.TO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.55% | -56.78% | -20.77% |
Max Drawdown (1Y)Largest decline over 1 year | -54.37% | -9.10% | -45.27% |
Max Drawdown (3Y)Largest decline over 3 years | -54.37% | -18.90% | -35.47% |
Max Drawdown (5Y)Largest decline over 5 years | -77.55% | -25.43% | -52.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -48.57% | -0.49% | -48.08% |
Average DrawdownAverage peak-to-trough decline | -34.50% | -10.70% | -23.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.35% | 2.09% | +31.26% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with EBIT-U.TO
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