BANK.TO vs. BIGY.TO

Last updated Jun 4, 2026

BANK.TO (Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund) and BIGY.TO (Evolve US Equity UltraYield ETF) are both exchange-traded funds - BANK.TO is a Derivative Income fund tracking the Solactive Canadian Core Financials Equal Weight Index, while BIGY.TO is a Large Cap Blend Equities fund actively managed by Evolve. BANK.TO is passively managed, while BIGY.TO is actively managed. At a 0.48 correlation, their price movements are largely independent. BANK.TO charges 0.60%/yr vs 0.40%/yr for BIGY.TO.

Performance

BANK.TO vs. BIGY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK.TO) and Evolve US Equity UltraYield ETF (BIGY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BANK.TO achieves a 17.36% return, which is significantly higher than BIGY.TO's -3.71% return.

BANK.TO

• 1D: -0.47%
• 1M: 6.16%
• YTD: 17.36%
• 6M: 23.52%
• 1Y: 55.24%
• 3Y*: 31.96%
• 5Y*: —
• 10Y*: —

BIGY.TO

• 1D: -2.28%
• 1M: -0.73%
• YTD: -3.71%
• 6M: -6.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BANK.TO vs. BIGY.TO - Yearly Performance Comparison

	2026 (YTD)	2025
BANK.TO Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund	17.36%	18.31%
BIGY.TO Evolve US Equity UltraYield ETF	-3.71%	0.64%

Correlation

The correlation between BANK.TO and BIGY.TO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 11, 2025	0.48

Return for Risk

BANK.TO vs. BIGY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BANK.TO

BANK.TO Risk / Return Rank: 96
BANK.TO Sharpe Ratio Rank: 97
BANK.TO Sortino Ratio Rank: 97
BANK.TO Omega Ratio Rank: 96
BANK.TO Calmar Ratio Rank: 93
BANK.TO Martin Ratio Rank: 95

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.

BANK.TO vs. BIGY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund (BANK.TO) and Evolve US Equity UltraYield ETF (BIGY.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BANK.TO	BIGY.TO	Difference
Sharpe ratio: Return per unit of total volatility	4.59	—	—
Sortino ratio: Return per unit of downside risk	6.28	—	—
Omega ratio: Gain probability vs. loss probability	1.85	—	—
Calmar ratio: Return relative to maximum drawdown	6.75	—	—
Martin ratio: Return relative to average drawdown	29.78	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BANK.TO	BIGY.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	-0.15	+1.22

Drawdowns

BANK.TO vs. BIGY.TO - Drawdown Comparison

The maximum BANK.TO drawdown since its inception was -29.03%, roughly equal to the maximum BIGY.TO drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for BANK.TO and BIGY.TO.

Drawdown Indicators

	BANK.TO	BIGY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-29.03%	-27.82%	-1.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.49%	—	—
Current Drawdown Current decline from peak	-1.16%	-13.63%	+12.47%
Average Drawdown Average peak-to-trough decline	-8.81%	-11.30%	+2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	—	—

Volatility

Volatility by Period

	BANK.TO	BIGY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.09%	28.63%	-16.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.65%	28.63%	-12.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.65%	28.63%	-12.98%

BANK.TO vs. BIGY.TO - Expense Ratio Comparison

BANK.TO has a 0.60% expense ratio, which is higher than BIGY.TO's 0.40% expense ratio.

Dividends

BANK.TO vs. BIGY.TO - Dividend Comparison

BANK.TO's dividend yield for the trailing twelve months is around 13.02%, less than BIGY.TO's 28.15% yield.

Position	TTM	2025	2024	2023	2022
BANK.TO Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund	13.02%	13.73%	15.28%	13.60%	10.52%
BIGY.TO Evolve US Equity UltraYield ETF	28.15%	9.53%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BANK.TO and BIGY.TO in my portfolio?

BANK.TO and BIGY.TO have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BANK.TO or BIGY.TO?

On fees, BIGY.TO is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BANK.TO or BIGY.TO?

BIGY.TO is cheaper with a 0.40% expense ratio, compared with 0.60% for BANK.TO.

What is the main difference between BANK.TO and BIGY.TO?

BANK.TO is categorized as Derivative Income, while BIGY.TO is Large Cap Blend Equities. Their fees differ too: 0.60% for BANK.TO and 0.40% for BIGY.TO.