EBIT.TO vs. SOLX.TO

Last updated Aug 4, 2026

EBIT.TO (Evolve Bitcoin ETF CAD) and SOLX.TO (CI Galaxy Solana ETF) are both Cryptocurrency funds. EBIT.TO is passively managed, while SOLX.TO is actively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. EBIT.TO charges 0.75%/yr vs 1.00%/yr for SOLX.TO.

Performance

EBIT.TO vs. SOLX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Bitcoin ETF CAD (EBIT.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, EBIT.TO achieves a -27.29% return, which is significantly higher than SOLX.TO's -40.52% return.

EBIT.TO

• 1D: -2.74%
• 1M: -0.63%
• 6M: -17.83%
• YTD: -27.29%
• 1Y: -44.48%
• 3Y*: 29.24%
• 5Y*: 10.15%
• 10Y*: —
• ALL TIME*: 2.87%

SOLX.TO

• 1D: -0.27%
• 1M: -9.16%
• 6M: -32.29%
• YTD: -40.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EBIT.TO Evolve Bitcoin ETF CAD	CA$283.51K	CA$498.45K	CA$1.05M
SOLX.TO CI Galaxy Solana ETF	CA$74.70	CA$866.86	CA$2.54K

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

	2026 (YTD)	2025
EBIT.TO Evolve Bitcoin ETF CAD	-27.29%	-19.58%
SOLX.TO CI Galaxy Solana ETF	-40.52%	-40.68%

Correlation

The correlation between EBIT.TO and SOLX.TO is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 2, 2025	0.51

Return for Risk

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

Compare historical risk-adjusted metric ranks over the past 12 months.

EBIT.TO

EBIT.TO Risk / Return Rank: 2
EBIT.TO Sharpe Ratio Rank: 1
EBIT.TO Sortino Ratio Rank: 1
EBIT.TO Omega Ratio Rank: 2
EBIT.TO Calmar Ratio Rank: 2
EBIT.TO Martin Ratio Rank: 2

SOLX.TO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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

This table presents a comparison of risk-adjusted performance metrics for Evolve Bitcoin ETF CAD (EBIT.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EBIT.TO	SOLX.TO	Difference
Sharpe ratio: Return per unit of total volatility	-1.06	—	—
Sortino ratio: Return per unit of downside risk	-1.62	—	—
Omega ratio: Gain probability vs. loss probability	0.82	—	—
Calmar ratio: Return relative to maximum drawdown	-0.88	—	—
Martin ratio: Return relative to average drawdown	-1.31	—	—

Drawdowns

EBIT.TO vs. SOLX.TO - Drawdown Comparison

The maximum EBIT.TO drawdown since its inception was -75.45%, roughly equal to the maximum SOLX.TO drawdown of -75.14%. Use the drawdown chart below to compare losses from any high point for EBIT.TO and SOLX.TO.

Drawdown Indicators

	EBIT.TO	SOLX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-75.45%	-75.14%	-0.31%
Max Drawdown (1Y) Largest decline over 1 year	-53.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-53.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-75.45%	—	—
Current Drawdown Current decline from peak	-50.33%	-70.76%	+20.43%
Average Drawdown Average peak-to-trough decline	-33.53%	-51.71%	+18.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.45%	—	—

Volatility

Volatility by Period

	EBIT.TO	SOLX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	33.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.81%	74.09%	-30.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.89%	74.09%	-22.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.35%	74.09%	-19.74%

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

EBIT.TO has a 0.75% expense ratio, which is lower than SOLX.TO's 1.00% expense ratio.

Dividends

EBIT.TO vs. SOLX.TO - Dividend Comparison

Neither EBIT.TO nor SOLX.TO has paid dividends to shareholders.

Position	TTM	2025
EBIT.TO Evolve Bitcoin ETF CAD	0.00%	0.00%
SOLX.TO CI Galaxy Solana ETF	0.82%	0.49%

Frequently Asked Questions

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

EBIT.TO and SOLX.TO have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

On fees, EBIT.TO is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

EBIT.TO is cheaper with a 0.75% expense ratio, compared with 1.00% for SOLX.TO.

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

They also come from different issuers: Evolve and CI. Their fees differ too: 0.75% for EBIT.TO and 1.00% for SOLX.TO.