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BTCC-U.TO vs. PDIV.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BTCC-U.TO vs. PDIV.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.TO).

BTCC-U.TO and PDIV.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCC-U.TO is an actively managed fund by Purpose Investments. It was launched on Nov 9, 2021. PDIV.TO is an actively managed fund by Purpose Investments. It was launched on Jan 2, 2018.

Performance

BTCC-U.TO vs. PDIV.TO - Performance Comparison

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

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BTCC-U.TO vs. PDIV.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units		-22.82%-7.46%118.51%153.14%-64.85%-13.80%
PDIV.TO
Purpose Enhanced Dividend Fund ETF		-0.16%21.37%1.97%7.02%-10.80%18.78%
Different Trading Currencies

BTCC-U.TO is traded in USD, while PDIV.TO is traded in CAD. To make them comparable, the PDIV.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BTCC-U.TO achieves a -22.82% return, which is significantly lower than PDIV.TO's -0.16% return.

BTCC-U.TO

1D
1.35%
1M
3.01%
YTD
-22.82%
6M
-40.74%
1Y
-19.18%
3Y*
31.53%
5Y*
1.25%
10Y*
—

PDIV.TO

1D
1.59%
1M
-4.80%
YTD
-0.16%
6M
5.13%
1Y
17.74%
3Y*
8.75%
5Y*
5.64%
10Y*
8.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Purpose Bitcoin ETF Non-Currency Hedged Units

Purpose Enhanced Dividend Fund ETF

Often compared with BTCC-U.TO:
BTCC-U.TO vs. ETC.TOBTCC-U.TO vs. BTCC-B.TOBTCC-U.TO vs. EBIT.TOBTCC-U.TO vs. ETHX.TOBTCC-U.TO vs. CCCX.TOBTCC-U.TO vs. CCCX-B.TOBTCC-U.TO vs. BTCX-B.TO
Often compared with PDIV.TO:
PDIV.TO vs. HDIV.TOPDIV.TO vs. SPYIPDIV.TO vs. HYLD.TOPDIV.TO vs. BMAXPDIV.TO vs. PMIF.TOPDIV.TO vs. DGSPDIV.TO vs. USCL.TO

BTCC-U.TO vs. PDIV.TO - Expense Ratio Comparison

PDIV.TO
Purpose Enhanced Dividend Fund ETF

Return for Risk

BTCC-U.TO vs. PDIV.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BTCC-U.TO
BTCC-U.TO Risk / Return Rank: 55
Overall Rank
BTCC-U.TO Sharpe Ratio Rank: 55
Sharpe Ratio Rank
BTCC-U.TO Sortino Ratio Rank: 55
Sortino Ratio Rank
BTCC-U.TO Omega Ratio Rank: 66
Omega Ratio Rank
BTCC-U.TO Calmar Ratio Rank: 66
Calmar Ratio Rank
BTCC-U.TO Martin Ratio Rank: 55
Martin Ratio Rank
PDIV.TO
PDIV.TO Risk / Return Rank: 7878
Overall Rank
PDIV.TO Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
PDIV.TO Sortino Ratio Rank: 7878
Sortino Ratio Rank
PDIV.TO Omega Ratio Rank: 8484
Omega Ratio Rank
PDIV.TO Calmar Ratio Rank: 6868
Calmar Ratio Rank
PDIV.TO Martin Ratio Rank: 8181
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-U.TO vs. PDIV.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO) and Purpose Enhanced Dividend Fund ETF (PDIV.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.

BTCC-U.TOPDIV.TODifference

Sharpe ratio

Return per unit of total volatility

-0.43

1.52

-1.95

Sortino ratio

Return per unit of downside risk

-0.35

2.17

-2.51

Omega ratio

Gain probability vs. loss probability

0.96

1.32

-0.36

Calmar ratio

Return relative to maximum drawdown

-0.41

2.16

-2.57

Martin ratio

Return relative to average drawdown

-0.87

11.42

-12.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BTCC-U.TO vs. PDIV.TO - Sharpe Ratio Comparison

The current BTCC-U.TO Sharpe Ratio is -0.43, which is lower than the PDIV.TO Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of BTCC-U.TO and PDIV.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

BTCC-U.TOPDIV.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.43

1.52

-1.95

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.02

0.44

-0.41

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.49

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

0.36

-0.30

Correlation

The correlation between BTCC-U.TO and PDIV.TO is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BTCC-U.TO vs. PDIV.TO - Dividend Comparison

BTCC-U.TO has not paid dividends to shareholders, while PDIV.TO's dividend yield for the trailing twelve months is around 12.30%.

TTM20252024202320222021202020192018201720162015
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PDIV.TO
Purpose Enhanced Dividend Fund ETF		12.30%12.24%12.35%11.84%6.38%5.59%6.33%5.85%6.80%25.71%5.38%8.10%

Drawdowns

BTCC-U.TO vs. PDIV.TO - Drawdown Comparison

The maximum BTCC-U.TO drawdown since its inception was -76.91%, which is greater than PDIV.TO's maximum drawdown of -37.37%. Use the drawdown chart below to compare losses from any high point for BTCC-U.TO and PDIV.TO.

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Drawdown Indicators

BTCC-U.TOPDIV.TODifference

Max Drawdown

Largest peak-to-trough decline

-76.91%

-30.64%

-46.27%

Max Drawdown (1Y)

Largest decline over 1 year

-49.37%

-8.36%

-41.01%

Max Drawdown (5Y)

Largest decline over 5 years

-76.91%

-14.96%

-61.95%

Max Drawdown (10Y)

Largest decline over 10 years

—

-30.64%

—

Current Drawdown

Current decline from peak

-46.42%

-3.25%

-43.17%

Average Drawdown

Average peak-to-trough decline

-33.74%

-4.40%

-29.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.17%

1.63%

+21.54%

Volatility

BTCC-U.TO vs. PDIV.TO - Volatility Comparison

Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO) has a higher volatility of 13.15% compared to Purpose Enhanced Dividend Fund ETF (PDIV.TO) at 3.78%. This indicates that BTCC-U.TO's price experiences larger fluctuations and is considered to be riskier than PDIV.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-U.TOPDIV.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

13.15%

3.78%

+9.37%

Volatility (6M)

Calculated over the trailing 6-month period

36.86%

6.92%

+29.94%

Volatility (1Y)

Calculated over the trailing 1-year period

44.97%

11.74%

+33.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

56.70%

13.01%

+43.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.90%

16.69%

+40.21%