CBCX.TO vs. CEQP.TO

Last updated Jun 4, 2026

CBCX.TO (CI Galaxy Blockchain Index ETF CAD) and CEQP.TO (CI Equity+ Asset Allocation ETF) are both exchange-traded funds - CBCX.TO is a Blockchain fund tracking the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Technology NTR Hedged (CAD), while CEQP.TO is a Diversified Portfolio fund actively managed by CI. CBCX.TO is passively managed, while CEQP.TO is actively managed. At a 0.42 correlation, their price movements are largely independent.

Performance

CBCX.TO vs. CEQP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Blockchain Index ETF CAD (CBCX.TO) and CI Equity+ Asset Allocation ETF (CEQP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CBCX.TO

• 1D: -1.13%
• 1M: 17.07%
• YTD: 18.36%
• 6M: 4.61%
• 1Y: 65.57%
• 3Y*: 59.59%
• 5Y*: —
• 10Y*: —

CEQP.TO

• 1D: 0.19%
• 1M: 4.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CBCX.TO vs. CEQP.TO - Yearly Performance Comparison

	2026 (YTD)
CBCX.TO CI Galaxy Blockchain Index ETF CAD	5.71%
CEQP.TO CI Equity+ Asset Allocation ETF	7.21%

Correlation

The correlation between CBCX.TO and CEQP.TO is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 29, 2026	0.42

Return for Risk

CBCX.TO vs. CEQP.TO — Risk / Return Rank

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

CBCX.TO

CBCX.TO Risk / Return Rank: 28
CBCX.TO Sharpe Ratio Rank: 31
CBCX.TO Sortino Ratio Rank: 33
CBCX.TO Omega Ratio Rank: 32
CBCX.TO Calmar Ratio Rank: 26
CBCX.TO Martin Ratio Rank: 20

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.

CBCX.TO vs. CEQP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Blockchain Index ETF CAD (CBCX.TO) and CI Equity+ Asset Allocation ETF (CEQP.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.

	CBCX.TO	CEQP.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.08	—	—
Sortino ratio: Return per unit of downside risk	1.72	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.22	—	—
Martin ratio: Return relative to average drawdown	2.25	—	—
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

	CBCX.TO	CEQP.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	1.37	-0.88

Drawdowns

CBCX.TO vs. CEQP.TO - Drawdown Comparison

The maximum CBCX.TO drawdown since its inception was -55.21%, which is greater than CEQP.TO's maximum drawdown of -8.33%. Use the drawdown chart below to compare losses from any high point for CBCX.TO and CEQP.TO.

Drawdown Indicators

	CBCX.TO	CEQP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-55.21%	-8.33%	-46.88%
Max Drawdown (1Y) Largest decline over 1 year	-54.19%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-55.21%	—	—
Current Drawdown Current decline from peak	-28.01%	0.00%	-28.01%
Average Drawdown Average peak-to-trough decline	-23.79%	-1.89%	-21.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.19%	—	—

Volatility

Volatility by Period

	CBCX.TO	CEQP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.37%	16.40%	+44.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.67%	16.40%	+46.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.67%	16.40%	+46.27%

Dividends

CBCX.TO vs. CEQP.TO - Dividend Comparison

CBCX.TO's dividend yield for the trailing twelve months is around 0.08%, more than CEQP.TO's 0.01% yield.

Position	TTM	2025	2024	2023
CBCX.TO CI Galaxy Blockchain Index ETF CAD	0.08%	0.14%	0.13%	0.06%
CEQP.TO CI Equity+ Asset Allocation ETF	0.01%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CBCX.TO and CEQP.TO in my portfolio?

CBCX.TO and CEQP.TO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between CBCX.TO and CEQP.TO?

CBCX.TO is categorized as Blockchain, while CEQP.TO is Diversified Portfolio.