CCCX.TO vs. ETHA

Last updated Jun 4, 2026

CCCX.TO (CI Galaxy Core Multi-Crypto ETF) and ETHA (iShares Ethereum Trust ETF) are both Cryptocurrency funds. CCCX.TO is actively managed, while ETHA is passively managed. At a 0.20 correlation, their price movements are largely independent. CCCX.TO charges 0.50%/yr vs 0.25%/yr for ETHA.

Performance

CCCX.TO vs. ETHA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Core Multi-Crypto ETF (CCCX.TO) and iShares Ethereum Trust ETF (ETHA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, CCCX.TO achieves a -26.82% return, which is significantly higher than ETHA's -38.69% return.

CCCX.TO

• 1D: -2.21%
• 1M: -11.33%
• YTD: -26.82%
• 6M: -28.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETHA

• 1D: -5.18%
• 1M: -22.05%
• YTD: -38.69%
• 6M: -42.97%
• 1Y: -30.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CCCX.TO vs. ETHA - Yearly Performance Comparison

	2026 (YTD)	2025
CCCX.TO CI Galaxy Core Multi-Crypto ETF	-26.82%	-25.28%
ETHA iShares Ethereum Trust ETF	-38.69%	-33.32%

Correlation

The correlation between CCCX.TO and ETHA is 0.20, 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 Aug 29, 2025	0.20

Return for Risk

CCCX.TO vs. ETHA — Risk / Return Rank

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

ETHA

ETHA Risk / Return Rank: 5
ETHA Sharpe Ratio Rank: 5
ETHA Sortino Ratio Rank: 5
ETHA Omega Ratio Rank: 5
ETHA Calmar Ratio Rank: 4
ETHA Martin Ratio Rank: 5

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.

CCCX.TO vs. ETHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Core Multi-Crypto ETF (CCCX.TO) and iShares Ethereum Trust ETF (ETHA). 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

	CCCX.TO	ETHA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.04	-0.41	-0.63

Drawdowns

CCCX.TO vs. ETHA - Drawdown Comparison

The maximum CCCX.TO drawdown since its inception was -54.70%, smaller than the maximum ETHA drawdown of -63.87%. Use the drawdown chart below to compare losses from any high point for CCCX.TO and ETHA.

Drawdown Indicators

	CCCX.TO	ETHA	Difference
Max Drawdown Largest peak-to-trough decline	-54.70%	-63.87%	+9.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-62.68%	—
Current Drawdown Current decline from peak	-50.00%	-62.68%	+12.68%
Average Drawdown Average peak-to-trough decline	-32.62%	-32.92%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.81%	—

Volatility

Volatility by Period

	CCCX.TO	ETHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	53.31%	67.64%	-14.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.31%	72.13%	-18.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.31%	72.13%	-18.82%

CCCX.TO vs. ETHA - Expense Ratio Comparison

CCCX.TO has a 0.50% expense ratio, which is higher than ETHA's 0.25% expense ratio.

Dividends

CCCX.TO vs. ETHA - Dividend Comparison

Neither CCCX.TO nor ETHA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CCCX.TO and ETHA in my portfolio?

CCCX.TO and ETHA have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CCCX.TO or ETHA?

On fees, ETHA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCCX.TO or ETHA?

ETHA is cheaper with a 0.25% expense ratio, compared with 0.50% for CCCX.TO.

What is the main difference between CCCX.TO and ETHA?

They also come from different issuers: CI Global Asset Management and iShares. Their fees differ too: 0.50% for CCCX.TO and 0.25% for ETHA.