BTCC-B.TO vs. HBIX.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-B.TO) and Harvest Bitcoin Enhanced Income ETF (HBIX.NEO).

BTCC-B.TO and HBIX.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCC-B.TO is an actively managed fund by Purpose Investments. It was launched on Oct 14, 2021. HBIX.NEO is an actively managed fund by Harvest. It was launched on Apr 28, 2025.

Performance

BTCC-B.TO vs. HBIX.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-B.TO) and Harvest Bitcoin Enhanced Income ETF (HBIX.NEO). The values are adjusted to include any dividend payments, if applicable.

BTCC-B.TO vs. HBIX.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
BTCC-B.TO Purpose Bitcoin ETF Non-Currency Hedged Units	-21.35%	-8.36%
HBIX.NEO Harvest Bitcoin Enhanced Income ETF	-24.07%	-6.82%

Returns By Period

In the year-to-date period, BTCC-B.TO achieves a -21.35% return, which is significantly higher than HBIX.NEO's -24.07% return.

BTCC-B.TO

• 1D: 0.38%
• 1M: 0.15%
• YTD: -21.35%
• 6M: -42.60%
• 1Y: -23.22%
• 3Y*: 33.05%
• 5Y*: 3.55%
• 10Y*: —

HBIX.NEO

• 1D: 0.15%
• 1M: 1.72%
• YTD: -24.07%
• 6M: -46.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTCC-B.TO vs. HBIX.NEO - Expense Ratio Comparison

BTCC-B.TO has a 1.33% expense ratio, which is higher than HBIX.NEO's 0.65% expense ratio.

BTCC-B.TO

Purpose Bitcoin ETF Non-Currency Hedged Units

HBIX.NEO

Harvest Bitcoin Enhanced Income ETF

Return for Risk

BTCC-B.TO vs. HBIX.NEO — Risk / Return Rank

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

BTCC-B.TO

BTCC-B.TO Risk / Return Rank: 5
BTCC-B.TO Sharpe Ratio Rank: 4
BTCC-B.TO Sortino Ratio Rank: 4
BTCC-B.TO Omega Ratio Rank: 5
BTCC-B.TO Calmar Ratio Rank: 5
BTCC-B.TO Martin Ratio Rank: 5

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.

BTCC-B.TO vs. HBIX.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-B.TO) and Harvest Bitcoin Enhanced Income ETF (HBIX.NEO). 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.

	BTCC-B.TO	HBIX.NEO	Difference
Sharpe ratio Return per unit of total volatility	-0.53	—	—
Sortino ratio Return per unit of downside risk	-0.52	—	—
Omega ratio Gain probability vs. loss probability	0.94	—	—
Calmar ratio Return relative to maximum drawdown	-0.42	—	—
Martin ratio Return relative to average drawdown	-0.89	—	—
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

	BTCC-B.TO	HBIX.NEO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-0.60	+0.69

Correlation

The correlation between BTCC-B.TO and HBIX.NEO is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BTCC-B.TO vs. HBIX.NEO - Dividend Comparison

BTCC-B.TO has not paid dividends to shareholders, while HBIX.NEO's dividend yield for the trailing twelve months is around 37.84%.

	TTM	2025
BTCC-B.TO Purpose Bitcoin ETF Non-Currency Hedged Units	0.00%	0.00%
HBIX.NEO Harvest Bitcoin Enhanced Income ETF	37.84%	20.21%

Drawdowns

BTCC-B.TO vs. HBIX.NEO - Drawdown Comparison

The maximum BTCC-B.TO drawdown since its inception was -75.12%, which is greater than HBIX.NEO's maximum drawdown of -55.90%. Use the drawdown chart below to compare losses from any high point for BTCC-B.TO and HBIX.NEO.

Drawdown Indicators

	BTCC-B.TO	HBIX.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-75.12%	-55.90%	-19.22%
Max Drawdown (1Y) Largest decline over 1 year	-50.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-75.12%	—	—
Current Drawdown Current decline from peak	-46.27%	-49.72%	+3.45%
Average Drawdown Average peak-to-trough decline	-32.53%	-19.91%	-12.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.85%	—	—

Volatility

Volatility by Period

	BTCC-B.TO	HBIX.NEO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.39%	52.86%	-8.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.31%	52.86%	+2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.52%	52.86%	+2.66%