CGHY.TO vs. ETHX.TO

Last updated Apr 1, 2026

Compare and contrast key facts about CI High Yield Bond Private Pool ETF C$ Series (CGHY.TO) and CI Galaxy Ethereum ETF CAD Hedged Series (ETHX.TO).

CGHY.TO and ETHX.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGHY.TO is an actively managed fund by CI Global Asset Management. It was launched on Apr 1, 2022. ETHX.TO is an actively managed fund by CI Global Asset Management. It was launched on Aug 22, 2025.

Performance

CGHY.TO vs. ETHX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI High Yield Bond Private Pool ETF C$ Series (CGHY.TO) and CI Galaxy Ethereum ETF CAD Hedged Series (ETHX.TO). The values are adjusted to include any dividend payments, if applicable.

CGHY.TO vs. ETHX.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CGHY.TO CI High Yield Bond Private Pool ETF C$ Series	-0.18%	1.99%
ETHX.TO CI Galaxy Ethereum ETF CAD Hedged Series	-29.89%	-36.30%

Returns By Period

In the year-to-date period, CGHY.TO achieves a -0.18% return, which is significantly higher than ETHX.TO's -29.89% return.

CGHY.TO

• 1D: 0.29%
• 1M: -0.93%
• YTD: -0.18%
• 6M: 0.29%
• 1Y: 4.87%
• 3Y*: 8.27%
• 5Y*: 9.03%
• 10Y*: 6.79%

ETHX.TO

• 1D: 3.89%
• 1M: 8.93%
• YTD: -29.89%
• 6M: -50.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGHY.TO vs. ETHX.TO - Expense Ratio Comparison

CGHY.TO has a 0.76% expense ratio, which is higher than ETHX.TO's 0.68% expense ratio.

CGHY.TO

CI High Yield Bond Private Pool ETF C$ Series

ETHX.TO

CI Galaxy Ethereum ETF CAD Hedged Series

Return for Risk

CGHY.TO vs. ETHX.TO — Risk / Return Rank

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

CGHY.TO

CGHY.TO Risk / Return Rank: 38
CGHY.TO Sharpe Ratio Rank: 33
CGHY.TO Sortino Ratio Rank: 31
CGHY.TO Omega Ratio Rank: 29
CGHY.TO Calmar Ratio Rank: 47
CGHY.TO Martin Ratio Rank: 50

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.

CGHY.TO vs. ETHX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI High Yield Bond Private Pool ETF C$ Series (CGHY.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.

	CGHY.TO	ETHX.TO	Difference
Sharpe ratio Return per unit of total volatility	0.65	—	—
Sortino ratio Return per unit of downside risk	0.96	—	—
Omega ratio Gain probability vs. loss probability	1.12	—	—
Calmar ratio Return relative to maximum drawdown	1.26	—	—
Martin ratio Return relative to average drawdown	4.98	—	—
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

	CGHY.TO	ETHX.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	-0.99	+1.43

Correlation

The correlation between CGHY.TO and ETHX.TO is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CGHY.TO vs. ETHX.TO - Dividend Comparison

CGHY.TO's dividend yield for the trailing twelve months is around 5.49%, while ETHX.TO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGHY.TO CI High Yield Bond Private Pool ETF C$ Series	5.49%	5.40%	4.99%	5.14%	5.08%	6.32%	6.08%	5.65%	5.91%	5.45%	5.57%	5.23%
ETHX.TO CI Galaxy Ethereum ETF CAD Hedged Series	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CGHY.TO vs. ETHX.TO - Drawdown Comparison

The maximum CGHY.TO drawdown since its inception was -24.44%, smaller than the maximum ETHX.TO drawdown of -61.24%. Use the drawdown chart below to compare losses from any high point for CGHY.TO and ETHX.TO.

Drawdown Indicators

	CGHY.TO	ETHX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-24.44%	-61.24%	+36.80%
Max Drawdown (1Y) Largest decline over 1 year	-3.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-9.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-24.44%	—	—
Current Drawdown Current decline from peak	-1.76%	-55.98%	+54.22%
Average Drawdown Average peak-to-trough decline	-2.08%	-33.13%	+31.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.96%	—	—

Volatility

Volatility by Period

	CGHY.TO	ETHX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.49%	75.71%	-68.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.51%	75.71%	-61.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.00%	75.71%	-62.71%