BTCY.TO vs. BCCC

Last updated Jun 4, 2026

BTCY.TO (Purpose Bitcoin Yield ETF - ETF Units) and BCCC (Global X Bitcoin Covered Call ETF) are both exchange-traded funds - BTCY.TO is a fund fund actively managed by Purpose Investments, while BCCC is a Cryptocurrency fund actively managed by Global X. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure.

Performance

BTCY.TO vs. BCCC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Bitcoin Yield ETF - ETF Units (BTCY.TO) and Global X Bitcoin Covered Call ETF (BCCC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, BTCY.TO achieves a -28.08% return, which is significantly lower than BCCC's -20.49% return.

BTCY.TO

• 1D: -3.45%
• 1M: -19.22%
• YTD: -28.08%
• 6M: -32.85%
• 1Y: -41.31%
• 3Y*: 25.28%
• 5Y*: —
• 10Y*: —

BCCC

• 1D: -2.38%
• 1M: -13.20%
• YTD: -20.49%
• 6M: -22.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTCY.TO vs. BCCC - Yearly Performance Comparison

	2026 (YTD)	2025
BTCY.TO Purpose Bitcoin Yield ETF - ETF Units	-28.08%	-17.36%
BCCC Global X Bitcoin Covered Call ETF	-20.49%	-6.84%

Correlation

The correlation between BTCY.TO and BCCC is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.94

Return for Risk

BTCY.TO vs. BCCC — Risk / Return Rank

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

BTCY.TO

BTCY.TO Risk / Return Rank: 2
BTCY.TO Sharpe Ratio Rank: 2
BTCY.TO Sortino Ratio Rank: 2
BTCY.TO Omega Ratio Rank: 2
BTCY.TO Calmar Ratio Rank: 2
BTCY.TO Martin Ratio Rank: 1

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.

BTCY.TO vs. BCCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Bitcoin Yield ETF - ETF Units (BTCY.TO) and Global X Bitcoin Covered Call ETF (BCCC). 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.

	BTCY.TO	BCCC	Difference
Sharpe ratio: Return per unit of total volatility	-0.88	—	—
Sortino ratio: Return per unit of downside risk	-1.22	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.79	—	—
Martin ratio: Return relative to average drawdown	-1.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BTCY.TO	BCCC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.76	+0.72

Drawdowns

BTCY.TO vs. BCCC - Drawdown Comparison

The maximum BTCY.TO drawdown since its inception was -69.71%, which is greater than BCCC's maximum drawdown of -42.60%. Use the drawdown chart below to compare losses from any high point for BTCY.TO and BCCC.

Drawdown Indicators

	BTCY.TO	BCCC	Difference
Max Drawdown Largest peak-to-trough decline	-69.71%	-42.60%	-27.11%
Max Drawdown (1Y) Largest decline over 1 year	-52.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-52.51%	—	—
Current Drawdown Current decline from peak	-49.06%	-37.46%	-11.60%
Average Drawdown Average peak-to-trough decline	-30.79%	-17.20%	-13.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.66%	—	—

Volatility

Volatility by Period

	BTCY.TO	BCCC	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.14%	34.29%	+12.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.82%	34.29%	+16.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.82%	34.29%	+16.53%

Dividends

BTCY.TO vs. BCCC - Dividend Comparison

BTCY.TO's dividend yield for the trailing twelve months is around 22.77%, less than BCCC's 62.51% yield.

Position	TTM	2025	2024	2023	2022	2021
BCCC Global X Bitcoin Covered Call ETF	62.51%	29.55%	0.00%	0.00%	0.00%	0.00%
BTCY.TO Purpose Bitcoin Yield ETF - ETF Units	22.77%	15.11%	16.75%	9.22%	24.25%	1.23%

Frequently Asked Questions

Can I hold both BTCY.TO and BCCC in my portfolio?

With a correlation of 0.94, BTCY.TO and BCCC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

What is the main difference between BTCY.TO and BCCC?

They also come from different issuers: Purpose Investments and Global X.