Evolve European Banks Enhanced Yield ETF Hedged CAD (EBNK.TO) Sortino Ratio: 1.66
EBNK.TO's Sortino Ratio of 1.66 indicates that for each unit of downside volatility, it generates 1.66 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
EBNK.TO Sortino Ratio Rank
EBNK.TO ranks above 63.1% of all investments in our database based on Sortino Ratio over the past 12 months, indicating above-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Above-average downside protection with room for improvement
- Compare against category peers to gauge relative positioning
- Monitor for movement toward top tier or decline toward median
- Consider pairing with top-tier holdings to improve portfolio risk profile
EBNK.TO Sortino Ratio Market Positioning
The chart shows EBNK.TO's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 0.81 or lower
- Yellow zone (middle 50%): 0.81 to 2.03
- Green zone (top 25%): 2.03 or higher
- Top 1%: 9.82+
- Median: 1.44 — half of all investments score higher
How it compares to other similar ETFs
The table compares Evolve European Banks Enhanced Yield ETF Hedged CAD's Sortino Ratio with other ETFs in the Financials Equities, Derivative Income category across multiple time periods, showing how EBNK.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 Apr 2, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| HEB.TO | Hamilton Canadian Bank Equal-Weight Index ETF | 5.19 | |||
| BNKL.TO | Global X Enhanced Equal Weight Banks Index ETF | 5.18 | |||
| ZEB.TO | BMO Equal Weight Banks Index ETF | 5.16 | |||
| HBNK.TO | Global X Equal Weight Banks Index ETF | 5.12 | |||
| RBNK.TO | RBC Canadian Bank Yield Index ETF | 4.98 | |||
| ZWB.TO | BMO Covered Call Canadian Banks ETF | 4.60 | |||
| CIC.TO | CI Canadian Banks Covered Call Income Class ETF | 4.59 | |||
| HLIF.TO | Harvest Canadian Equity Income Leaders ETF Class A | 4.36 | |||
| BKCC.TO | Global X Equal Weight Canadian Bank Covered Call ETF | 4.13 | |||
| BKCL.TO | Global X Enhanced Equal Weight Canadian Banks Covered Call ETF | 4.03 | |||
| EBNK.TO | Evolve European Banks Enhanced Yield ETF Hedged CAD | 1.66 |
Historical Sortino Ratio
The chart shows EBNK.TO's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when EBNK.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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Explore EBNK.TO risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.