CDLB.TO vs. ETHX.TO
CDLB.TO (CI DoubleLine Total Return Bond US$ Fund ETF C$ Hedged Series) and ETHX.TO (CI Galaxy Ethereum ETF CAD Hedged Series) are both exchange-traded funds - CDLB.TO is a Intermediate Core-Plus Bond fund actively managed by CI Global Asset Management, while ETHX.TO is a Cryptocurrency fund actively managed by CI Global Asset Management. Both are actively managed. At a 0.07 correlation, their price movements are largely independent. CDLB.TO charges 0.85%/yr vs 0.68%/yr for ETHX.TO.
Performance
CDLB.TO vs. ETHX.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CDLB.TO achieves a -0.54% return, which is significantly higher than ETHX.TO's -40.07% return.
CDLB.TO
- 1D
- 0.31%
- 1M
- 0.19%
- YTD
- -0.54%
- 6M
- -0.14%
- 1Y
- 3.58%
- 3Y*
- 3.08%
- 5Y*
- -0.60%
- 10Y*
- —
ETHX.TO
- 1D
- -5.19%
- 1M
- -23.32%
- YTD
- -40.07%
- 6M
- -43.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CDLB.TO vs. ETHX.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CDLB.TO CI DoubleLine Total Return Bond US$ Fund ETF C$ Hedged Series | -0.54% | 2.49% |
ETHX.TO CI Galaxy Ethereum ETF CAD Hedged Series | -40.07% | -36.30% |
Correlation
The correlation between CDLB.TO and ETHX.TO is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CDLB.TO vs. ETHX.TO — Risk / Return Rank
CDLB.TO
ETHX.TO
CDLB.TO vs. ETHX.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI DoubleLine Total Return Bond US$ Fund ETF C$ Hedged Series (CDLB.TO) and CI Galaxy Ethereum ETF CAD Hedged Series (ETHX.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.
| CDLB.TO | ETHX.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.40 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | — | — |
| Martin ratioReturn relative to average drawdown | 4.08 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CDLB.TO | ETHX.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | -1.04 | +1.04 |
Drawdowns
CDLB.TO vs. ETHX.TO - Drawdown Comparison
The maximum CDLB.TO drawdown since its inception was -17.06%, smaller than the maximum ETHX.TO drawdown of -62.37%. Use the drawdown chart below to compare losses from any high point for CDLB.TO and ETHX.TO.
Loading charts...
Drawdown Indicators
| CDLB.TO | ETHX.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.06% | -62.37% | +45.31% |
Max Drawdown (1Y)Largest decline over 1 year | -2.11% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.06% | — | — |
Current DrawdownCurrent decline from peak | -3.97% | -62.37% | +58.40% |
Average DrawdownAverage peak-to-trough decline | -6.60% | -37.85% | +31.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | — | — |
Volatility
CDLB.TO vs. ETHX.TO - Volatility Comparison
Loading charts...
Volatility by Period
| CDLB.TO | ETHX.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.32% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.64% | 69.29% | -65.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.25% | 69.29% | -64.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 69.29% | -64.44% |
CDLB.TO vs. ETHX.TO - Expense Ratio Comparison
CDLB.TO has a 0.85% expense ratio, which is higher than ETHX.TO's 0.68% expense ratio.
Dividends
CDLB.TO vs. ETHX.TO - Dividend Comparison
CDLB.TO's dividend yield for the trailing twelve months is around 4.69%, while ETHX.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CDLB.TO CI DoubleLine Total Return Bond US$ Fund ETF C$ Hedged Series | 4.69% | 4.45% | 4.35% | 3.60% | 2.81% | 2.38% | 1.14% |
ETHX.TO CI Galaxy Ethereum ETF CAD Hedged Series | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CDLB.TO and ETHX.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETHX.TO is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETHX.TO is cheaper with a 0.68% expense ratio, compared with 0.85% for CDLB.TO.
CDLB.TO is categorized as Intermediate Core-Plus Bond, while ETHX.TO is Cryptocurrency. Their fees differ too: 0.85% for CDLB.TO and 0.68% for ETHX.TO.
Find the right allocation for CDLB.TO and ETHX.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer