EBIT.TO vs. QQQT.TO

Last updated Apr 1, 2026

Compare and contrast key facts about Evolve Bitcoin ETF CAD (EBIT.TO) and Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO).

EBIT.TO and QQQT.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. QQQT.TO is a passively managed fund by Evolve that tracks the performance of the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index. It was launched on Jul 11, 2023. Both EBIT.TO and QQQT.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. QQQT.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Bitcoin ETF CAD (EBIT.TO) and Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO). The values are adjusted to include any dividend payments, if applicable.

EBIT.TO vs. QQQT.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EBIT.TO Evolve Bitcoin ETF CAD	-21.88%	-11.88%	134.59%	39.22%
QQQT.TO Evolve NASDAQ Technology Index Fund CAD Hedged	-9.31%	30.06%	35.30%	15.39%

Returns By Period

In the year-to-date period, EBIT.TO achieves a -21.88% return, which is significantly lower than QQQT.TO's -9.31% 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*: —

QQQT.TO

• 1D: 4.95%
• 1M: -5.64%
• YTD: -9.31%
• 6M: -5.74%
• 1Y: 34.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EBIT.TO vs. QQQT.TO - Expense Ratio Comparison

EBIT.TO has a 0.75% expense ratio, which is higher than QQQT.TO's 0.25% expense ratio.

EBIT.TO

Evolve Bitcoin ETF CAD

QQQT.TO

Evolve NASDAQ Technology Index Fund CAD Hedged

Return for Risk

EBIT.TO vs. QQQT.TO — Risk / Return Rank

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

EBIT.TO

EBIT.TO Risk / Return Rank: 5
EBIT.TO Sharpe Ratio Rank: 4
EBIT.TO Sortino Ratio Rank: 5
EBIT.TO Omega Ratio Rank: 5
EBIT.TO Calmar Ratio Rank: 5
EBIT.TO Martin Ratio Rank: 4

QQQT.TO

QQQT.TO Risk / Return Rank: 74
QQQT.TO Sharpe Ratio Rank: 70
QQQT.TO Sortino Ratio Rank: 76
QQQT.TO Omega Ratio Rank: 74
QQQT.TO Calmar Ratio Rank: 77
QQQT.TO Martin Ratio Rank: 73

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.

EBIT.TO vs. QQQT.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Bitcoin ETF CAD (EBIT.TO) and Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.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	QQQT.TO	Difference
Sharpe ratio Return per unit of total volatility	-0.49	1.19	-1.68
Sortino ratio Return per unit of downside risk	-0.45	1.87	-2.32
Omega ratio Gain probability vs. loss probability	0.95	1.27	-0.32
Calmar ratio Return relative to maximum drawdown	-0.45	1.98	-2.43
Martin ratio Return relative to average drawdown	-0.96	7.25	-8.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EBIT.TO vs. QQQT.TO - Sharpe Ratio Comparison

The current EBIT.TO Sharpe Ratio is -0.49, which is lower than the QQQT.TO Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of EBIT.TO and QQQT.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EBIT.TO	QQQT.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.49	1.19	-1.68
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	0.96	-0.89

Correlation

The correlation between EBIT.TO and QQQT.TO is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EBIT.TO vs. QQQT.TO - Dividend Comparison

EBIT.TO has not paid dividends to shareholders, while QQQT.TO's dividend yield for the trailing twelve months is around 0.25%.

	TTM	2025	2024	2023
EBIT.TO Evolve Bitcoin ETF CAD	0.00%	0.00%	0.00%	0.00%
QQQT.TO Evolve NASDAQ Technology Index Fund CAD Hedged	0.25%	0.30%	5.63%	0.26%

Drawdowns

EBIT.TO vs. QQQT.TO - Drawdown Comparison

The maximum EBIT.TO drawdown since its inception was -75.45%, which is greater than QQQT.TO's maximum drawdown of -30.32%. Use the drawdown chart below to compare losses from any high point for EBIT.TO and QQQT.TO.

Drawdown Indicators

	EBIT.TO	QQQT.TO	Difference
Max Drawdown Largest peak-to-trough decline	-75.45%	-30.32%	-45.13%
Max Drawdown (1Y) Largest decline over 1 year	-50.63%	-17.37%	-33.26%
Max Drawdown (5Y) Largest decline over 5 years	-75.45%	—	—
Current Drawdown Current decline from peak	-46.63%	-13.27%	-33.36%
Average Drawdown Average peak-to-trough decline	-32.78%	-4.98%	-27.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.74%	4.75%	+18.99%

Volatility

EBIT.TO vs. QQQT.TO - Volatility Comparison

Evolve Bitcoin ETF CAD (EBIT.TO) has a higher volatility of 12.82% compared to Evolve NASDAQ Technology Index Fund CAD Hedged (QQQT.TO) at 9.11%. This indicates that EBIT.TO's price experiences larger fluctuations and is considered to be riskier than QQQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EBIT.TO	QQQT.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.82%	9.11%	+3.71%
Volatility (6M) Calculated over the trailing 6-month period	36.35%	17.31%	+19.04%
Volatility (1Y) Calculated over the trailing 1-year period	44.68%	29.50%	+15.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.10%	26.40%	+28.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.37%	26.40%	+28.97%