CGXF.TO vs. SOLX.TO

Last updated Jun 4, 2026

CGXF.TO (CI Gold+ Giants Covered Call ETF Common) and SOLX.TO (CI Galaxy Solana ETF) are both exchange-traded funds - CGXF.TO is a Gold fund actively managed by CI, while SOLX.TO is a Cryptocurrency fund managed by CI. At a 0.13 correlation, their price movements are largely independent. CGXF.TO charges 1.08%/yr vs 1.00%/yr for SOLX.TO.

Performance

CGXF.TO vs. SOLX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Gold+ Giants Covered Call ETF Common (CGXF.TO) and CI Galaxy Solana ETF (SOLX.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGXF.TO achieves a -2.14% return, which is significantly higher than SOLX.TO's -39.87% return.

CGXF.TO

• 1D: -2.68%
• 1M: 1.53%
• YTD: -2.14%
• 6M: 2.55%
• 1Y: 44.73%
• 3Y*: 30.89%
• 5Y*: 17.02%
• 10Y*: 10.53%

SOLX.TO

• 1D: -2.37%
• 1M: -9.51%
• YTD: -39.87%
• 6M: -49.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CGXF.TO vs. SOLX.TO - Yearly Performance Comparison

	2026 (YTD)	2025
CGXF.TO CI Gold+ Giants Covered Call ETF Common	-2.14%	25.48%
SOLX.TO CI Galaxy Solana ETF	-39.87%	-40.28%

Correlation

The correlation between CGXF.TO and SOLX.TO is 0.13, 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 Sep 3, 2025	0.13

Return for Risk

CGXF.TO vs. SOLX.TO — Risk / Return Rank

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

CGXF.TO

CGXF.TO Risk / Return Rank: 31
CGXF.TO Sharpe Ratio Rank: 31
CGXF.TO Sortino Ratio Rank: 29
CGXF.TO Omega Ratio Rank: 33
CGXF.TO Calmar Ratio Rank: 33
CGXF.TO Martin Ratio Rank: 29

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.

CGXF.TO vs. SOLX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Gold+ Giants Covered Call ETF Common (CGXF.TO) and CI Galaxy Solana ETF (SOLX.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.

	CGXF.TO	SOLX.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.13	—	—
Sortino ratio: Return per unit of downside risk	1.57	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.64	—	—
Martin ratio: Return relative to average drawdown	4.17	—	—
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

	CGXF.TO	SOLX.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.13	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	-1.02	+1.07

Drawdowns

CGXF.TO vs. SOLX.TO - Drawdown Comparison

The maximum CGXF.TO drawdown since its inception was -88.66%, which is greater than SOLX.TO's maximum drawdown of -70.44%. Use the drawdown chart below to compare losses from any high point for CGXF.TO and SOLX.TO.

Drawdown Indicators

	CGXF.TO	SOLX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-88.66%	-70.44%	-18.22%
Max Drawdown (1Y) Largest decline over 1 year	-27.39%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-37.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.68%	—	—
Current Drawdown Current decline from peak	-24.36%	-70.44%	+46.08%
Average Drawdown Average peak-to-trough decline	-30.71%	-47.74%	+17.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.76%	—	—

Volatility

Volatility by Period

	CGXF.TO	SOLX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.82%	73.25%	-33.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.85%	73.25%	-42.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.30%	73.25%	-42.95%

CGXF.TO vs. SOLX.TO - Expense Ratio Comparison

CGXF.TO has a 1.08% expense ratio, which is higher than SOLX.TO's 1.00% expense ratio.

Dividends

CGXF.TO vs. SOLX.TO - Dividend Comparison

CGXF.TO's dividend yield for the trailing twelve months is around 12.61%, while SOLX.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGXF.TO CI Gold+ Giants Covered Call ETF Common	12.61%	7.43%	8.09%	8.92%	8.54%	8.59%	11.01%	6.69%	7.97%	6.99%	10.68%	11.75%
SOLX.TO CI Galaxy Solana ETF	0.81%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CGXF.TO and SOLX.TO in my portfolio?

CGXF.TO and SOLX.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CGXF.TO or SOLX.TO?

On fees, SOLX.TO is cheaper at 1.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGXF.TO or SOLX.TO?

SOLX.TO is cheaper with a 1.00% expense ratio, compared with 1.08% for CGXF.TO.

What is the main difference between CGXF.TO and SOLX.TO?

CGXF.TO is categorized as Gold, while SOLX.TO is Cryptocurrency. Their fees differ too: 1.08% for CGXF.TO and 1.00% for SOLX.TO.