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Purpose Ether ETF (ETHH.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
CA74642N1087
Inception Date
Oct 14, 2021
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
Canada
Distribution Policy
Accumulating
Asset Class
Cryptocurrency
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Purpose Ether ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

ETHH.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period

Purpose Ether ETF (ETHH.TO) has returned -30.39% so far this year and 10.52% over the past 12 months.


Purpose Ether ETF

1D
3.82%
1M
8.24%
YTD
-30.39%
6M
-50.72%
1Y
10.52%
3Y*
1.08%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 20, 2021, ETHH.TO's average daily return is +0.08%, while the average monthly return is +1.90%. At this rate, your investment would double in approximately 3.1 years.

Historically, 43% of months were positive and 57% were negative. The best month was Jul 2022 with a return of +67.7%, while the worst month was Jun 2022 at -48.0%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ETHH.TO closed higher 49% of trading days. The best single day was May 21, 2024 with a return of +18.8%, while the worst single day was Jun 13, 2022 at -27.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-10.25%-28.35%8.24%-30.39%
2025-1.06%-33.49%-18.05%-2.52%43.60%-2.30%48.10%15.86%-4.42%-6.94%-21.51%-3.08%-14.37%
2024-2.63%49.08%4.34%-18.52%29.53%-11.14%-3.51%-23.07%2.99%-3.19%43.16%-7.75%38.87%
202333.53%2.56%11.88%3.01%-1.65%3.10%-2.63%-11.98%-0.00%8.49%13.50%13.20%91.16%
2022-26.38%5.13%15.84%-15.68%-31.37%-47.97%67.66%-8.76%-15.29%16.46%-15.20%-10.75%-69.16%
202119.04%-6.46%-14.74%5.63%43.31%-12.86%46.14%5.69%-21.68%51.50%

Benchmark Metrics

Purpose Ether ETF has an annualized alpha of -4.10%, beta of 1.73, and R² of 0.12 versus S&P 500 Index. Calculated based on daily prices since April 21, 2021.

  • This ETF captured 300.21% of S&P 500 Index gains and 272.68% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.12 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
-4.10%
Beta
1.73
0.12
Upside Capture
300.21%
Downside Capture
272.68%

Expense Ratio

ETHH.TO has a high expense ratio of 1.00%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

ETHH.TO ranks 18 for risk / return — in the bottom 18% 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.


ETHH.TO Risk / Return Rank: 1818
Overall Rank
ETHH.TO Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
ETHH.TO Sortino Ratio Rank: 2525
Sortino Ratio Rank
ETHH.TO Omega Ratio Rank: 2222
Omega Ratio Rank
ETHH.TO Calmar Ratio Rank: 1414
Calmar Ratio Rank
ETHH.TO Martin Ratio Rank: 1414
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Purpose Ether ETF (ETHH.TO) and compare them to a chosen benchmark (S&P 500 Index).


ETHH.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.14

0.69

-0.55

Sortino ratio

Return per unit of downside risk

0.76

1.06

-0.30

Omega ratio

Gain probability vs. loss probability

1.09

1.17

-0.08

Calmar ratio

Return relative to maximum drawdown

0.13

1.14

-1.01

Martin ratio

Return relative to average drawdown

0.26

4.22

-3.96

Explore ETHH.TO risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Purpose Ether ETF doesn't pay dividends

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 Ether ETF. 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 Ether ETF was 79.46%, occurring on Jun 30, 2022. The portfolio has not yet recovered.

The current Purpose Ether ETF drawdown is 62.88%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-79.46%Nov 10, 2021161Jun 30, 2022
-56.52%May 12, 202148Jul 20, 202166Oct 25, 2021114
-6.58%Apr 23, 20211Apr 23, 20212Apr 27, 20213
-5.23%Oct 27, 20211Oct 27, 20211Oct 28, 20212
-2.87%Nov 4, 20211Nov 4, 20212Nov 8, 20213

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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