EBIT.TO vs. ETHR.TO
Compare and contrast key facts about Evolve Bitcoin ETF CAD (EBIT.TO) and Evolve Ether ETF CAD Unhedged Units (ETHR.TO).
EBIT.TO and ETHR.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EBIT.TO is a passively managed fund by Evolve that tracks the performance of the CME CF Bitcoin Reference Rate. It was launched on Feb 17, 2021. ETHR.TO is a passively managed fund by Evolve that tracks the performance of the CME CF Ether-Dollar Reference Rate. It was launched on Apr 19, 2021. Both EBIT.TO and ETHR.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EBIT.TO vs. ETHR.TO - Performance Comparison
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EBIT.TO vs. ETHR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EBIT.TO Evolve Bitcoin ETF CAD | -21.88% | -11.88% | 134.59% | 146.50% | -62.36% | -20.03% |
ETHR.TO Evolve Ether ETF CAD Unhedged Units | -28.50% | -17.01% | 52.43% | 87.70% | -65.64% | 54.91% |
Returns By Period
In the year-to-date period, EBIT.TO achieves a -21.88% return, which is significantly higher than ETHR.TO's -28.50% return.
EBIT.TO
- 1D
- 1.85%
- 1M
- 5.14%
- YTD
- -21.88%
- 6M
- -41.28%
- 1Y
- -21.84%
- 3Y*
- 32.34%
- 5Y*
- 2.99%
- 10Y*
- —
ETHR.TO
- 1D
- 3.98%
- 1M
- 11.16%
- YTD
- -28.50%
- 6M
- -50.03%
- 1Y
- 9.03%
- 3Y*
- 3.59%
- 5Y*
- —
- 10Y*
- —
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EBIT.TO vs. ETHR.TO - Expense Ratio Comparison
Both EBIT.TO and ETHR.TO have an expense ratio of 0.75%.
Return for Risk
EBIT.TO vs. ETHR.TO — Risk / Return Rank
EBIT.TO
ETHR.TO
EBIT.TO vs. ETHR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Bitcoin ETF CAD (EBIT.TO) and Evolve Ether ETF CAD Unhedged Units (ETHR.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.
| EBIT.TO | ETHR.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.49 | 0.12 | -0.61 |
Sortino ratioReturn per unit of downside risk | -0.45 | 0.73 | -1.18 |
Omega ratioGain probability vs. loss probability | 0.95 | 1.08 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | -0.45 | 0.11 | -0.56 |
Martin ratioReturn relative to average drawdown | -0.96 | 0.23 | -1.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EBIT.TO | ETHR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | 0.12 | -0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | -0.03 | +0.10 |
Correlation
The correlation between EBIT.TO and ETHR.TO is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EBIT.TO vs. ETHR.TO - Dividend Comparison
Neither EBIT.TO nor ETHR.TO has paid dividends to shareholders.
Drawdowns
EBIT.TO vs. ETHR.TO - Drawdown Comparison
The maximum EBIT.TO drawdown since its inception was -75.45%, roughly equal to the maximum ETHR.TO drawdown of -78.36%. Use the drawdown chart below to compare losses from any high point for EBIT.TO and ETHR.TO.
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Drawdown Indicators
| EBIT.TO | ETHR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.45% | -78.36% | +2.91% |
Max Drawdown (1Y)Largest decline over 1 year | -50.63% | -62.29% | +11.66% |
Max Drawdown (5Y)Largest decline over 5 years | -75.45% | — | — |
Current DrawdownCurrent decline from peak | -46.63% | -56.68% | +10.05% |
Average DrawdownAverage peak-to-trough decline | -32.78% | -43.06% | +10.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.74% | 30.72% | -6.98% |
Volatility
EBIT.TO vs. ETHR.TO - Volatility Comparison
The current volatility for Evolve Bitcoin ETF CAD (EBIT.TO) is 12.82%, while Evolve Ether ETF CAD Unhedged Units (ETHR.TO) has a volatility of 19.68%. This indicates that EBIT.TO experiences smaller price fluctuations and is considered to be less risky than ETHR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EBIT.TO | ETHR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.82% | 19.68% | -6.86% |
Volatility (6M)Calculated over the trailing 6-month period | 36.35% | 52.55% | -16.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.68% | 74.21% | -29.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.10% | 72.62% | -17.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.37% | 72.62% | -17.25% |