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Purpose Ether Yield ETF - ETF Units (ETHY.TO)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Dec 2, 2021
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
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 Yield ETF - ETF Units, 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

ETHY.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 Yield ETF - ETF Units (ETHY.TO) has returned -35.07% so far this year and -1.23% over the past 12 months.


Purpose Ether Yield ETF - ETF Units

1D
4.52%
1M
11.25%
YTD
-35.07%
6M
-52.44%
1Y
-1.23%
3Y*
-1.53%
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 Dec 2, 2021, ETHY.TO's average daily return is -0.01%, while the average monthly return is +0.09%. At this rate, your investment would double in approximately 64.2 years.

Historically, 46% of months were positive and 54% were negative. The best month was Jul 2022 with a return of +64.1%, while the worst month was Jun 2022 at -47.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ETHY.TO closed higher 48% of trading days. The best single day was May 21, 2024 with a return of +17.4%, while the worst single day was Jun 13, 2022 at -26.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-11.82%-33.81%11.25%-35.07%
2025-0.94%-32.72%-17.30%-2.42%36.05%-2.61%45.00%15.40%-4.00%-5.69%-21.15%-1.50%-16.16%
20240.66%35.14%1.71%-15.45%26.90%-10.34%-3.21%-22.52%4.41%-2.21%37.19%0.86%41.02%
202324.25%0.57%10.08%3.43%-0.60%2.73%-1.89%-9.99%0.89%7.67%11.51%10.09%71.08%
2022-26.40%6.11%14.49%-13.44%-31.31%-47.54%64.09%-8.11%-13.75%15.90%-17.26%-6.62%-67.53%
2021-16.93%-16.93%

Benchmark Metrics

Purpose Ether Yield ETF - ETF Units has an annualized alpha of -21.36%, beta of 1.69, and R² of 0.16 versus S&P 500 Index. Calculated based on daily prices since December 03, 2021.

  • This ETF participated in 273.55% of S&P 500 Index downside but only 207.72% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.16 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
-21.36%
Beta
1.69
0.16
Upside Capture
207.72%
Downside Capture
273.55%

Return for Risk

Risk / Return Rank

ETHY.TO ranks 14 for risk / return — in the bottom 14% 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.


ETHY.TO Risk / Return Rank: 1414
Overall Rank
ETHY.TO Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
ETHY.TO Sortino Ratio Rank: 1818
Sortino Ratio Rank
ETHY.TO Omega Ratio Rank: 1717
Omega Ratio Rank
ETHY.TO Calmar Ratio Rank: 1111
Calmar Ratio Rank
ETHY.TO Martin Ratio Rank: 1111
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 Yield ETF - ETF Units (ETHY.TO) and compare them to a chosen benchmark (S&P 500 Index).


ETHY.TOBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.02

0.69

-0.71

Sortino ratio

Return per unit of downside risk

0.52

1.06

-0.54

Omega ratio

Gain probability vs. loss probability

1.06

1.17

-0.10

Calmar ratio

Return relative to maximum drawdown

-0.06

1.14

-1.20

Martin ratio

Return relative to average drawdown

-0.13

4.22

-4.34

Explore ETHY.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 Yield ETF - ETF Units provided a 33.33% dividend yield over the last twelve months, with an annual payout of CA$0.54 per share.


5.00%10.00%15.00%20.00%25.00%CA$0.00CA$0.20CA$0.40CA$0.60CA$0.8020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
DividendCA$0.54CA$0.52CA$0.83CA$0.35CA$0.58CA$0.19

Dividend yield

33.33%19.33%21.43%10.44%26.10%2.40%

Monthly Dividends

The table displays the monthly dividend distributions for Purpose Ether Yield ETF - ETF Units. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026CA$0.05CA$0.05CA$0.05CA$0.14
2025CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.05CA$0.05CA$0.05CA$0.05CA$0.05CA$0.52
2024CA$0.03CA$0.03CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.04CA$0.41CA$0.83
2023CA$0.02CA$0.02CA$0.02CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.35
2022CA$0.10CA$0.08CA$0.08CA$0.07CA$0.07CA$0.03CA$0.03CA$0.03CA$0.03CA$0.03CA$0.02CA$0.02CA$0.58
2021CA$0.19CA$0.19

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 Yield ETF - ETF Units. 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 Yield ETF - ETF Units was 76.84%, occurring on Jun 30, 2022. The portfolio has not yet recovered.

The current Purpose Ether Yield ETF - ETF Units drawdown is 64.58%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.84%Dec 3, 2021144Jun 30, 2022

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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