BTCC.TO vs. IYW
Compare and contrast key facts about Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) and iShares U.S. Technology ETF (IYW).
BTCC.TO and IYW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCC.TO is an actively managed fund by Purpose Investments. It was launched on Nov 9, 2021. IYW is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Technology Index. It was launched on May 19, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCC.TO or IYW.
Correlation
The correlation between BTCC.TO and IYW is 0.37, 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.
Performance
BTCC.TO vs. IYW - Performance Comparison
Key characteristics
BTCC.TO:
1.49
IYW:
1.12
BTCC.TO:
2.25
IYW:
1.55
BTCC.TO:
1.25
IYW:
1.21
BTCC.TO:
2.72
IYW:
1.55
BTCC.TO:
6.43
IYW:
5.21
BTCC.TO:
12.65%
IYW:
4.78%
BTCC.TO:
54.55%
IYW:
22.35%
BTCC.TO:
-77.80%
IYW:
-81.89%
BTCC.TO:
-12.00%
IYW:
-3.14%
Returns By Period
In the year-to-date period, BTCC.TO achieves a 1.15% return, which is significantly lower than IYW's 1.27% return.
BTCC.TO
1.15%
-9.41%
47.47%
77.87%
N/A
N/A
IYW
1.27%
-2.60%
8.27%
21.79%
21.33%
20.36%
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BTCC.TO vs. IYW - Expense Ratio Comparison
BTCC.TO has a 1.00% expense ratio, which is higher than IYW's 0.42% expense ratio.
Risk-Adjusted Performance
BTCC.TO vs. IYW — Risk-Adjusted Performance Rank
BTCC.TO
IYW
BTCC.TO vs. IYW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) and iShares U.S. Technology ETF (IYW). 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.
Dividends
BTCC.TO vs. IYW - Dividend Comparison
BTCC.TO has not paid dividends to shareholders, while IYW's dividend yield for the trailing twelve months is around 0.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IYW iShares U.S. Technology ETF | 0.21% | 0.21% | 0.53% | 0.50% | 0.31% | 0.56% | 0.72% | 0.91% | 0.82% | 1.13% | 1.12% | 1.13% |
Drawdowns
BTCC.TO vs. IYW - Drawdown Comparison
The maximum BTCC.TO drawdown since its inception was -77.80%, roughly equal to the maximum IYW drawdown of -81.89%. Use the drawdown chart below to compare losses from any high point for BTCC.TO and IYW. For additional features, visit the drawdowns tool.
Volatility
BTCC.TO vs. IYW - Volatility Comparison
Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) has a higher volatility of 9.80% compared to iShares U.S. Technology ETF (IYW) at 7.27%. This indicates that BTCC.TO's price experiences larger fluctuations and is considered to be riskier than IYW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.