EHE.TO vs. SOLX.TO

Last updated Jul 1, 2026

EHE.TO (CI Europe Hedged Equity Index ETF) and SOLX.TO (CI Galaxy Solana ETF) are both exchange-traded funds - EHE.TO is a Europe Equities fund tracking the WisdomTree Europe CAD-Hedged Equity Index, while SOLX.TO is a Cryptocurrency fund managed by CI. At a 0.08 correlation, their price movements are largely independent.

Performance

EHE.TO vs. SOLX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Europe Hedged Equity Index ETF (EHE.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, EHE.TO achieves a 7.41% return, which is significantly higher than SOLX.TO's -41.33% return.

EHE.TO

• 1D: 0.58%
• 1M: 1.53%
• YTD: 7.41%
• 6M: 7.99%
• 1Y: 17.80%
• 3Y*: 13.93%
• 5Y*: 10.01%
• 10Y*: —

SOLX.TO

• 1D: -1.63%
• 1M: -9.95%
• YTD: -41.33%
• 6M: -40.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025
EHE.TO CI Europe Hedged Equity Index ETF	7.41%	5.65%
SOLX.TO CI Galaxy Solana ETF	-41.33%	-40.68%

Correlation

The correlation between EHE.TO and SOLX.TO is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 2, 2025	0.08

Return for Risk

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

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

EHE.TO

EHE.TO Risk / Return Rank: 40
EHE.TO Sharpe Ratio Rank: 38
EHE.TO Sortino Ratio Rank: 40
EHE.TO Omega Ratio Rank: 40
EHE.TO Calmar Ratio Rank: 38
EHE.TO Martin Ratio Rank: 44

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) 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.

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

This table presents a comparison of risk-adjusted performance metrics for CI Europe Hedged Equity Index ETF (EHE.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.

	EHE.TO	SOLX.TO	Difference
Sharpe ratio: Return per unit of total volatility	1.22	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	6.34	—	—

Drawdowns

EHE.TO vs. SOLX.TO - Drawdown Comparison

The maximum EHE.TO drawdown since its inception was -38.20%, smaller than the maximum SOLX.TO drawdown of -75.14%. Use the drawdown chart below to compare losses from any high point for EHE.TO and SOLX.TO.

Drawdown Indicators

	EHE.TO	SOLX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-38.20%	-75.14%	+36.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.91%	—	—
Current Drawdown Current decline from peak	-0.97%	-71.16%	+70.19%
Average Drawdown Average peak-to-trough decline	-5.32%	-49.83%	+44.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	—	—

Volatility

Volatility by Period

	EHE.TO	SOLX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.28%	76.08%	-59.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.09%	76.08%	-57.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	76.08%	-58.63%

Dividends

EHE.TO vs. SOLX.TO - Dividend Comparison

EHE.TO's dividend yield for the trailing twelve months is around 2.16%, while SOLX.TO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EHE.TO CI Europe Hedged Equity Index ETF	2.16%	2.16%	4.38%	3.30%	2.19%	1.90%	2.55%	2.02%	2.08%	1.37%	0.13%
SOLX.TO CI Galaxy Solana ETF	0.83%	0.49%	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 EHE.TO and SOLX.TO in my portfolio?

EHE.TO and SOLX.TO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

EHE.TO is categorized as Europe Equities, while SOLX.TO is Cryptocurrency.