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BTCC.TO vs. MSTE.TO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BTCC.TO vs. MSTE.TO - 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 Harvest MicroStrategy Enhanced High Income Shares ETF (MSTE.TO). The values are adjusted to include any dividend payments, if applicable.

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BTCC.TO vs. MSTE.TO - Yearly Performance Comparison


Returns By Period

In the year-to-date period, BTCC.TO achieves a -23.52% return, which is significantly lower than MSTE.TO's -15.65% return.


BTCC.TO

1D
2.04%
1M
2.95%
YTD
-23.52%
6M
-41.91%
1Y
-20.75%
3Y*
29.73%
5Y*
-0.44%
10Y*

MSTE.TO

1D
2.61%
1M
-0.48%
YTD
-15.65%
6M
-65.16%
1Y
-60.85%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BTCC.TO vs. MSTE.TO - Expense Ratio Comparison

BTCC.TO has a 1.00% expense ratio, which is higher than MSTE.TO's 0.40% expense ratio.


Return for Risk

BTCC.TO vs. MSTE.TO — 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: 55
Overall Rank
BTCC.TO Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BTCC.TO Sortino Ratio Rank: 55
Sortino Ratio Rank
BTCC.TO Omega Ratio Rank: 55
Omega Ratio Rank
BTCC.TO Calmar Ratio Rank: 55
Calmar Ratio Rank
BTCC.TO Martin Ratio Rank: 55
Martin Ratio Rank

MSTE.TO
MSTE.TO Risk / Return Rank: 22
Overall Rank
MSTE.TO Sharpe Ratio Rank: 22
Sharpe Ratio Rank
MSTE.TO Sortino Ratio Rank: 11
Sortino Ratio Rank
MSTE.TO Omega Ratio Rank: 22
Omega Ratio Rank
MSTE.TO Calmar Ratio Rank: 11
Calmar Ratio Rank
MSTE.TO Martin Ratio Rank: 22
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.TO vs. MSTE.TO - 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 Harvest MicroStrategy Enhanced High Income Shares ETF (MSTE.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.TOMSTE.TODifference

Sharpe ratio

Return per unit of total volatility

-0.46

-0.75

+0.28

Sortino ratio

Return per unit of downside risk

-0.41

-1.09

+0.69

Omega ratio

Gain probability vs. loss probability

0.95

0.88

+0.08

Calmar ratio

Return relative to maximum drawdown

-0.44

-0.76

+0.32

Martin ratio

Return relative to average drawdown

-0.94

-1.34

+0.40

BTCC.TO vs. MSTE.TO - Sharpe Ratio Comparison

The current BTCC.TO Sharpe Ratio is -0.46, which is higher than the MSTE.TO Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of BTCC.TO and MSTE.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.TOMSTE.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.46

-0.75

+0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.06

-0.70

+0.76

Correlation

The correlation between BTCC.TO and MSTE.TO is 0.83, 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.TO vs. MSTE.TO - Dividend Comparison

BTCC.TO has not paid dividends to shareholders, while MSTE.TO's dividend yield for the trailing twelve months is around 162.54%.


Drawdowns

BTCC.TO vs. MSTE.TO - Drawdown Comparison

The maximum BTCC.TO drawdown since its inception was -77.80%, roughly equal to the maximum MSTE.TO drawdown of -80.35%. Use the drawdown chart below to compare losses from any high point for BTCC.TO and MSTE.TO.


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Drawdown Indicators


BTCC.TOMSTE.TODifference

Max Drawdown

Largest peak-to-trough decline

-77.80%

-80.35%

+2.55%

Max Drawdown (1Y)

Largest decline over 1 year

-50.04%

-80.35%

+30.31%

Max Drawdown (5Y)

Largest decline over 5 years

-77.80%

Current Drawdown

Current decline from peak

-47.05%

-74.81%

+27.76%

Average Drawdown

Average peak-to-trough decline

-34.40%

-34.88%

+0.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

23.49%

45.68%

-22.19%

Volatility

BTCC.TO vs. MSTE.TO - Volatility Comparison

The current volatility for Purpose Bitcoin CAD ETF Currency Hedged Units (BTCC.TO) is 12.86%, while Harvest MicroStrategy Enhanced High Income Shares ETF (MSTE.TO) has a volatility of 19.05%. This indicates that BTCC.TO experiences smaller price fluctuations and is considered to be less risky than MSTE.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.TOMSTE.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

12.86%

19.05%

-6.19%

Volatility (6M)

Calculated over the trailing 6-month period

36.59%

63.62%

-27.03%

Volatility (1Y)

Calculated over the trailing 1-year period

44.86%

81.63%

-36.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

56.97%

85.63%

-28.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.43%

85.63%

-28.20%