CANY.TO vs. NXF.TO

Last updated Jun 9, 2026

CANY.TO (Evolve Canadian Equity UltraYield ETF) and NXF.TO (CI Energy Giants Covered Call ETF Common Units (CAD Hedged)) are both exchange-traded funds - CANY.TO is a Derivative Income fund actively managed by Evolve, while NXF.TO is a Energy Equities fund actively managed by CI. Both are actively managed.

Performance

CANY.TO vs. NXF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Canadian Equity UltraYield ETF (CANY.TO) and CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CANY.TO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NXF.TO

• 1D: 1.19%
• 1M: 2.22%
• YTD: 30.32%
• 6M: 29.84%
• 1Y: 43.58%
• 3Y*: 14.29%
• 5Y*: 17.06%
• 10Y*: 7.84%

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

Return for Risk

CANY.TO vs. NXF.TO — Risk / Return Rank

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

NXF.TO

NXF.TO Risk / Return Rank: 76
NXF.TO Sharpe Ratio Rank: 78
NXF.TO Sortino Ratio Rank: 72
NXF.TO Omega Ratio Rank: 68
NXF.TO Calmar Ratio Rank: 88
NXF.TO 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.

CANY.TO vs. NXF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Canadian Equity UltraYield ETF (CANY.TO) and CI Energy Giants Covered Call ETF Common Units (CAD Hedged) (NXF.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CANY.TO	NXF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.24	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.73	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.21	—

Drawdowns

Drawdown Indicators

	CANY.TO	NXF.TO	Difference
Max Drawdown Largest peak-to-trough decline	—	-65.25%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-65.25%	—
Current Drawdown Current decline from peak	—	-6.52%	—
Average Drawdown Average peak-to-trough decline	—	-16.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.37%	—

Volatility

Volatility by Period

	CANY.TO	NXF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	19.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.42%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	26.16%	—

Dividends

CANY.TO vs. NXF.TO - Dividend Comparison

CANY.TO has not paid dividends to shareholders, while NXF.TO's dividend yield for the trailing twelve months is around 8.17%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CANY.TO Evolve Canadian Equity UltraYield ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NXF.TO CI Energy Giants Covered Call ETF Common Units (CAD Hedged)	8.17%	7.70%	8.50%	8.60%	11.22%	9.46%	11.24%	7.83%	9.39%	6.49%	8.24%	8.21%

Frequently Asked Questions

What is the main difference between CANY.TO and NXF.TO?

CANY.TO is categorized as Derivative Income, while NXF.TO is Energy Equities. They also come from different issuers: Evolve and CI.