BTCC.TO vs. EAT

Last updated Jun 21, 2026

BTCC.TO (Purpose Bitcoin CAD ETF Currency Hedged Units) is Cryptocurrency fund actively managed by Purpose Investments, while EAT (Brinker International, Inc.) is a stock. Over the past 5 years, BTCC.TO returned 8.55%/yr vs 27.68%/yr for EAT. At a 0.19 correlation, their price movements are largely independent.

Performance

BTCC.TO vs. EAT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) and Brinker International, Inc. (EAT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BTCC.TO achieves a -29.50% return, which is significantly lower than EAT's 18.29% return.

BTCC.TO

• 1D: 0.18%
• 1M: -19.17%
• YTD: -29.50%
• 6M: -29.77%
• 1Y: -41.35%
• 3Y*: 26.72%
• 5Y*: 8.55%
• 10Y*: —

EAT

• 1D: 4.61%
• 1M: 23.83%
• YTD: 18.29%
• 6M: 12.92%
• 1Y: -4.98%
• 3Y*: 69.06%
• 5Y*: 27.68%
• 10Y*: 16.32%

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

BTCC.TO vs. EAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BTCC.TO Purpose Bitcoin CAD ETF Currency Hedged Units	-29.50%	-9.18%	116.50%	149.22%	-65.78%	-13.94%
EAT Brinker International, Inc.	18.29%	3.54%	232.31%	32.10%	-7.26%	-49.20%

Correlation

The correlation between BTCC.TO and EAT is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Feb 25, 2021	0.19

The correlation between BTCC.TO and EAT shifts across timeframes, from 0.08 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BTCC.TO vs. EAT — Risk / Return Rank

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

BTCC.TO

BTCC.TO Risk / Return Rank: 2
BTCC.TO Sharpe Ratio Rank: 2
BTCC.TO Sortino Ratio Rank: 2
BTCC.TO Omega Ratio Rank: 2
BTCC.TO Calmar Ratio Rank: 2
BTCC.TO Martin Ratio Rank: 2

EAT

EAT Risk / Return Rank: 35
EAT Sharpe Ratio Rank: 36
EAT Sortino Ratio Rank: 34
EAT Omega Ratio Rank: 33
EAT Calmar Ratio Rank: 37
EAT Martin Ratio Rank: 37

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.TO vs. EAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) and Brinker International, Inc. (EAT). 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.TO	EAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	-0.10	-0.86
Sortino ratio: Return per unit of downside risk	-1.38	0.20	-1.58
Omega ratio: Gain probability vs. loss probability	0.85	1.02	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.79	-0.11	-0.68
Martin ratio: Return relative to average drawdown	-1.35	-0.23	-1.12

BTCC.TO vs. EAT - Sharpe Ratio Comparison

The current BTCC.TO Sharpe Ratio is -0.96, which is lower than the EAT Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of BTCC.TO and EAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BTCC.TO vs. EAT - Drawdown Comparison

The maximum BTCC.TO drawdown since its inception was -77.80%, smaller than the maximum EAT drawdown of -87.40%. Use the drawdown chart below to compare losses from any high point for BTCC.TO and EAT.

Drawdown Indicators

	BTCC.TO	EAT	Difference
Max Drawdown Largest peak-to-trough decline	-77.80%	-87.40%	+9.60%
Max Drawdown (1Y) Largest decline over 1 year	-53.17%	-42.38%	-10.79%
Max Drawdown (3Y) Largest decline over 3 years	-53.17%	-48.18%	-4.99%
Max Drawdown (5Y) Largest decline over 5 years	-77.80%	-64.33%	-13.47%
Max Drawdown (10Y) Largest decline over 10 years	—	-83.85%	—
Current Drawdown Current decline from peak	-51.19%	-16.48%	-34.71%
Average Drawdown Average peak-to-trough decline	-34.87%	-26.59%	-8.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.10%	20.74%	+10.36%

Volatility

BTCC.TO vs. EAT - Volatility Comparison

Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) has a higher volatility of 13.02% compared to Brinker International, Inc. (EAT) at 12.40%. This indicates that BTCC.TO's price experiences larger fluctuations and is considered to be riskier than EAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCC.TO	EAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.02%	12.40%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	34.15%	37.07%	-2.92%
Volatility (1Y) Calculated over the trailing 1-year period	43.76%	47.67%	-3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.12%	49.53%	+5.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.36%	55.58%	+0.78%

Dividends

BTCC.TO vs. EAT - Dividend Comparison

Neither BTCC.TO nor EAT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTCC.TO Purpose Bitcoin CAD ETF 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%
EAT Brinker International, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.67%	3.62%	3.46%	3.71%	2.67%	2.50%

Frequently Asked Questions

Can I hold both BTCC.TO and EAT in my portfolio?

BTCC.TO and EAT have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.