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Evolve Levered Bitcoin ETF (LBIT.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 16, 2026

The Evolve Levered Bitcoin ETF (LBIT) seeks to provide investors with capital-efficient exposure to approximately 1.25x the daily price of Bitcoin by holding spot Bitcoin and using cash borrowing to add modest leverage. The fund targets a leverage ratio of 25% of its net asset value and rebalances within two business days if leverage exceeds 27% of NAV.

Evolve Levered Bitcoin ETF (LBIT.TO) belongs to the Leveraged Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LBIT.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Other ETFs from Evolve

The 10 most viewed Evolve ETFs shown here include BANK.TO, UTES.TO, QQQT.TO and span 6 categories. AUM among these funds goes as high as $1B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
BANK.TO
Evolve Canadian Banks and Lifecos Enhanced Yield I...Derivative Income
98
34.25%
1.26BFeb 2022LBIT.TO vs BANK.TO
UTES.TO
Evolve Canadian Utilities Enhanced Yield Index Fun...Derivative Income
77
13.10%
431.22MSep 2024LBIT.TO vs UTES.TO
QQQT.TO
Evolve NASDAQ Technology Index Fund CAD HedgedNasdaq-100, Technology Equities
67
26.34%
175.95MJul 2023LBIT.TO vs QQQT.TO
QQQY.TO
Evolve NASDAQ Technology Enhanced Yield Index FundNasdaq-100, Derivative Income
58
16.30%
135.03MOct 2025LBIT.TO vs QQQY.TO
CANY.TO
Evolve Canadian Equity UltraYield ETFDerivative Income, Canada Equities—
14.33%
—Sep 2025LBIT.TO vs CANY.TO
BIGY.TO
Evolve US Equity UltraYield ETFDerivative Income—
-12.62%
—Sep 2025LBIT.TO vs BIGY.TO
EBNK.TO
Evolve European Banks Enhanced Yield ETF Hedged CA...Financials Equities, Derivative Income
67
14.59%
147.56MJan 2022LBIT.TO vs EBNK.TO
SIXY.TO
Evolve Big Six Canadian Banks UltraYield Index ETFFinancials Equities—
34.57%
—Dec 2025LBIT.TO vs SIXY.TO
OILY.TO
Evolve Canadian Energy Enhanced Yield Index Fund E...Energy Equities
73
30.77%
—Mar 2025LBIT.TO vs OILY.TO
TECH.TO
Evolve FANGMA Index ETF Hedged CADTechnology Equities
18
1.30%
151.35MMay 2021LBIT.TO vs TECH.TO

Often Compared With LBIT.TO

Investors most often compare LBIT.TO with SOLL.TO, CCCX-B.TO, ETHX.TO. These 16 comparison targets span 1 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SOLL.TO
Purpose Solana ETF Currency Hedged UnitsCryptocurrency
4
-38.64%
—Apr 2025LBIT.TO vs SOLL.TO
CCCX-B.TO
CI Galaxy Core Multi-Crypto ETF (CAD)Cryptocurrency—
-28.67%
—Aug 2025LBIT.TO vs CCCX-B.TO
ETHX.TO
CI Galaxy Ethereum ETF CAD Hedged SeriesCryptocurrency—
-36.29%
—Aug 2025LBIT.TO vs ETHX.TO
ETHX-B.TO
CI Galaxy Ethereum ETFCryptocurrency
5
-33.86%
329.50MAug 2025LBIT.TO vs ETHX-B.TO
ETHY.TO
Purpose Ether Yield ETF - ETF UnitsCryptocurrency
4
-43.09%
83.80MDec 2021LBIT.TO vs ETHY.TO
ETHX-U.TO
CI Galaxy Ethereum ETF (US$ Series)Cryptocurrency
5
-35.23%
40.79MAug 2025LBIT.TO vs ETHX-U.TO
FBTC.TO
Fidelity Advantage Bitcoin ETFCryptocurrency
2
-24.22%
1.20BNov 2021LBIT.TO vs FBTC.TO
ETHR.TO
Evolve Ether ETF CAD Unhedged UnitsCryptocurrency
5
-34.72%
44.83MApr 2021LBIT.TO vs ETHR.TO
CCCX.TO
CI Galaxy Core Multi-Crypto ETFCryptocurrency—
-33.15%
—Aug 2025LBIT.TO vs CCCX.TO
ETHH.TO
Purpose Ether ETFCryptocurrency
5
-37.10%
—Oct 2021LBIT.TO vs ETHH.TO
EBIT.TO
Evolve Bitcoin ETF CADCryptocurrency
2
-24.72%
—Feb 2021LBIT.TO vs EBIT.TO
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged UnitsCryptocurrency
2
-24.45%
—Feb 2021LBIT.TO vs BTCC-B.TO
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series UnitsCryptocurrency
2
-24.39%
714.72MMar 2021LBIT.TO vs BTCX-B.TO
ETC.TO
Evolve Cryptocurrencies ETFCryptocurrency
3
-26.96%
—Sep 2021LBIT.TO vs ETC.TO
BTCC.TO
Purpose Bitcoin CAD ETF Currency Hedged UnitsCryptocurrency
2
-27.53%
1.70BFeb 2021LBIT.TO vs BTCC.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged UnitsCryptocurrency
2
-25.98%
—Feb 2021LBIT.TO vs BTCC-U.TO

Compare LBIT.TO with Any Fund or Stock

Compare LBIT.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair LBIT.TO with funds that move differently

Evolve Levered Bitcoin ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LBIT.TO.

Explore LBIT.TO Diversifiers