BTCX-B.TO vs. VTI

Last updated Jun 13, 2026

BTCX-B.TO (CI Galaxy Bitcoin ETF C$ Unhedged Series Units) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - BTCX-B.TO is a Cryptocurrency fund managed by CI Global Asset Management, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 5 years, BTCX-B.TO returned 13.52%/yr vs 15.49%/yr for VTI. At a 0.35 correlation, their price movements are largely independent. BTCX-B.TO charges 0.80%/yr vs 0.03%/yr for VTI.

Performance

BTCX-B.TO vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Bitcoin ETF C$ Unhedged Series Units (BTCX-B.TO) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BTCX-B.TO achieves a -26.21% return, which is significantly lower than VTI's 11.84% return.

BTCX-B.TO

• 1D: 0.31%
• 1M: -20.55%
• YTD: -26.21%
• 6M: -28.69%
• 1Y: -38.22%
• 3Y*: 36.16%
• 5Y*: 13.52%
• 10Y*: —

VTI

• 1D: 0.75%
• 1M: 1.66%
• YTD: 11.84%
• 6M: 11.26%
• 1Y: 29.76%
• 3Y*: 22.41%
• 5Y*: 15.49%
• 10Y*: 16.01%

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

BTCX-B.TO vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BTCX-B.TO CI Galaxy Bitcoin ETF C$ Unhedged Series Units	-26.21%	-11.32%	139.01%	149.40%	-62.06%	-18.60%
VTI Vanguard Total Stock Market ETF	11.84%	11.75%	34.29%	23.05%	-14.42%	23.55%

Correlation

The correlation between BTCX-B.TO and VTI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021	0.35

The correlation between BTCX-B.TO and VTI shifts across timeframes, from 0.33 (3 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

BTCX-B.TO vs. VTI — Risk / Return Rank

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

BTCX-B.TO

BTCX-B.TO Risk / Return Rank: 3
BTCX-B.TO Sharpe Ratio Rank: 2
BTCX-B.TO Sortino Ratio Rank: 3
BTCX-B.TO Omega Ratio Rank: 3
BTCX-B.TO Calmar Ratio Rank: 3
BTCX-B.TO Martin Ratio Rank: 3

VTI

VTI Risk / Return Rank: 70
VTI Sharpe Ratio Rank: 70
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 69
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 76

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.

BTCX-B.TO vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Bitcoin ETF C$ Unhedged Series Units (BTCX-B.TO) and Vanguard Total Stock Market ETF (VTI). 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.

	BTCX-B.TO	VTI	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	2.12	-3.03
Sortino ratio: Return per unit of downside risk	-1.28	2.91	-4.19
Omega ratio: Gain probability vs. loss probability	0.86	1.37	-0.51
Calmar ratio: Return relative to maximum drawdown	-0.76	3.10	-3.85
Martin ratio: Return relative to average drawdown	-1.30	11.56	-12.86

BTCX-B.TO vs. VTI - Sharpe Ratio Comparison

The current BTCX-B.TO Sharpe Ratio is -0.91, which is lower than the VTI Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of BTCX-B.TO and VTI, 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

BTCX-B.TO vs. VTI - Drawdown Comparison

The maximum BTCX-B.TO drawdown since its inception was -75.26%, which is greater than VTI's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for BTCX-B.TO and VTI.

Drawdown Indicators

	BTCX-B.TO	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-75.26%	-46.81%	-28.45%
Max Drawdown (1Y) Largest decline over 1 year	-52.20%	-8.95%	-43.25%
Max Drawdown (3Y) Largest decline over 3 years	-52.20%	-20.17%	-32.03%
Max Drawdown (5Y) Largest decline over 5 years	-75.26%	-24.09%	-51.17%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.09%	—
Current Drawdown Current decline from peak	-49.47%	-1.32%	-48.15%
Average Drawdown Average peak-to-trough decline	-33.02%	-7.82%	-25.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.26%	2.40%	+27.86%

Volatility

BTCX-B.TO vs. VTI - Volatility Comparison

CI Galaxy Bitcoin ETF C$ Unhedged Series Units (BTCX-B.TO) has a higher volatility of 12.13% compared to Vanguard Total Stock Market ETF (VTI) at 4.65%. This indicates that BTCX-B.TO's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTCX-B.TO	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.13%	4.65%	+7.48%
Volatility (6M) Calculated over the trailing 6-month period	33.85%	10.23%	+23.62%
Volatility (1Y) Calculated over the trailing 1-year period	43.22%	13.07%	+30.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.90%	18.39%	+35.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.95%	19.35%	+35.60%

BTCX-B.TO vs. VTI - Expense Ratio Comparison

BTCX-B.TO has a 0.80% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

BTCX-B.TO vs. VTI - Dividend Comparison

BTCX-B.TO has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTCX-B.TO CI Galaxy Bitcoin ETF C$ Unhedged Series 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%
VTI Vanguard Total Stock Market ETF	1.03%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both BTCX-B.TO and VTI in my portfolio?

BTCX-B.TO and VTI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTCX-B.TO or VTI?

On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTCX-B.TO or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.80% for BTCX-B.TO.

What is the main difference between BTCX-B.TO and VTI?

BTCX-B.TO is categorized as Cryptocurrency, while VTI is Large Cap Blend Equities. They also come from different issuers: CI Global Asset Management and Vanguard. Their fees differ too: 0.80% for BTCX-B.TO and 0.03% for VTI.