CCCX.TO vs. IBIT

Last updated Jun 4, 2026

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

Performance

CCCX.TO vs. IBIT - 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 Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CCCX.TO is traded in CAD, while IBIT is traded in USD. To make them comparable, the IBIT 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 lower than IBIT's -22.70% return.

CCCX.TO

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

IBIT

• 1D: 0.00%
• 1M: -14.86%
• YTD: -22.70%
• 6M: -28.42%
• 1Y: -36.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CCCX.TO vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025
CCCX.TO CI Galaxy Core Multi-Crypto ETF	-26.82%	-25.28%
IBIT iShares Bitcoin Trust ETF	-24.53%	-22.07%

Correlation

The correlation between CCCX.TO and IBIT is 0.25, 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	0.25

Return for Risk

CCCX.TO vs. IBIT — Risk / Return Rank

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

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 2

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. IBIT - 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 Bitcoin Trust ETF (IBIT). 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	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.04	0.36	-1.40

Drawdowns

CCCX.TO vs. IBIT - Drawdown Comparison

The maximum CCCX.TO drawdown since its inception was -54.70%, which is greater than IBIT's maximum drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for CCCX.TO and IBIT.

Drawdown Indicators

	CCCX.TO	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-54.70%	-50.21%	-4.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.21%	—
Current Drawdown Current decline from peak	-50.00%	-47.02%	-2.98%
Average Drawdown Average peak-to-trough decline	-32.62%	-15.94%	-16.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.98%	—

Volatility

Volatility by Period

	CCCX.TO	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	53.31%	43.02%	+10.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.31%	49.53%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.31%	49.53%	+3.78%

CCCX.TO vs. IBIT - Expense Ratio Comparison

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

Dividends

CCCX.TO vs. IBIT - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

CCCX.TO and IBIT have a correlation of 0.25, 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 IBIT?

On fees, IBIT 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 IBIT?

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

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

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 IBIT.