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BTCC-B.TO vs. SOLA.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BTCC-B.TO vs. SOLA.TO - 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 Evolve Solana ETF (SOLA.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BTCC-B.TO achieves a -25.58% return, which is significantly higher than SOLA.TO's -40.28% return.


BTCC-B.TO

1D
-0.40%
1M
-1.58%
6M
-32.83%
YTD
-25.58%
1Y
-45.76%
3Y*
30.16%
5Y*
15.77%
10Y*

SOLA.TO

1D
-3.01%
1M
2.82%
6M
-49.35%
YTD
-40.28%
1Y
-57.79%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTCC-B.TO vs. SOLA.TO - Yearly Performance Comparison


2026 (YTD)2025
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-25.58%1.27%
SOLA.TO
Evolve Solana ETF
-40.28%-5.66%

Correlation

The correlation between BTCC-B.TO and SOLA.TO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.86

Correlation (All Time)
Calculated using the full available price history since Apr 16, 2025

0.84

The correlation between BTCC-B.TO and SOLA.TO has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

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Return for Risk

BTCC-B.TO vs. SOLA.TO — 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: 22
Overall Rank
BTCC-B.TO Sharpe Ratio Rank: 11
Sharpe Ratio Rank
BTCC-B.TO Sortino Ratio Rank: 11
Sortino Ratio Rank
BTCC-B.TO Omega Ratio Rank: 22
Omega Ratio Rank
BTCC-B.TO Calmar Ratio Rank: 22
Calmar Ratio Rank
BTCC-B.TO Martin Ratio Rank: 22
Martin Ratio Rank

SOLA.TO
SOLA.TO Risk / Return Rank: 33
Overall Rank
SOLA.TO Sharpe Ratio Rank: 33
Sharpe Ratio Rank
SOLA.TO Sortino Ratio Rank: 33
Sortino Ratio Rank
SOLA.TO Omega Ratio Rank: 33
Omega Ratio Rank
SOLA.TO Calmar Ratio Rank: 33
Calmar Ratio Rank
SOLA.TO Martin Ratio Rank: 44
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.

BTCC-B.TO vs. SOLA.TO - 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 Evolve Solana ETF (SOLA.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BTCC-B.TOSOLA.TODifference
Sharpe ratioReturn per unit of total volatility

-0.28

Sortino ratioReturn per unit of downside risk

-0.48

Omega ratioGain probability vs. loss probability

0.82

0.88

-0.06

Calmar ratioReturn relative to maximum drawdown

-0.87

-0.78

-0.09

Martin ratioReturn relative to average drawdown

-1.35

-1.13

-0.22

BTCC-B.TO vs. SOLA.TO - Sharpe Ratio Comparison

The current BTCC-B.TO Sharpe Ratio is -1.07, which is lower than the SOLA.TO Sharpe Ratio of -0.79. The chart below compares the historical Sharpe Ratios of BTCC-B.TO and SOLA.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BTCC-B.TO vs. SOLA.TO - Drawdown Comparison

The maximum BTCC-B.TO drawdown since its inception was -75.12%, roughly equal to the maximum SOLA.TO drawdown of -74.77%. Use the drawdown chart below to compare losses from any high point for BTCC-B.TO and SOLA.TO.


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Drawdown Indicators


BTCC-B.TOSOLA.TODifference

Max Drawdown

Largest peak-to-trough decline

-75.12%

-74.77%

-0.35%

Max Drawdown (1Y)

Largest decline over 1 year

-52.89%

-74.77%

+21.88%

Max Drawdown (3Y)

Largest decline over 3 years

-52.89%

Max Drawdown (5Y)

Largest decline over 5 years

-75.12%

Current Drawdown

Current decline from peak

-49.16%

-70.51%

+21.35%

Average Drawdown

Average peak-to-trough decline

-33.17%

-38.42%

+5.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

33.98%

51.42%

-17.44%

Volatility

BTCC-B.TO vs. SOLA.TO - Volatility Comparison

The current volatility for Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-B.TO) is 9.57%, while Evolve Solana ETF (SOLA.TO) has a volatility of 20.29%. This indicates that BTCC-B.TO experiences smaller price fluctuations and is considered to be less risky than SOLA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BTCC-B.TOSOLA.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.57%

20.29%

-10.72%

Volatility (6M)

Calculated over the trailing 6-month period

33.27%

52.22%

-18.95%

Volatility (1Y)

Calculated over the trailing 1-year period

43.06%

73.69%

-30.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

52.92%

72.35%

-19.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

54.64%

72.35%

-17.71%

Dividends

BTCC-B.TO vs. SOLA.TO - Dividend Comparison

Neither BTCC-B.TO nor SOLA.TO has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


BTCC-B.TO and SOLA.TO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

They also come from different issuers: Purpose Investments and Evolve.

Portfolio Optimizer

Find the right allocation for BTCC-B.TO and SOLA.TO

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