ETC.TO vs. SOL-USD
ETC.TO (Evolve Cryptocurrencies ETF) is Cryptocurrency fund actively managed by Evolve, while SOL-USD (Solana) is a cryptocurrency. Over the past 3 years, ETC.TO returned 24.15%/yr vs 49.65%/yr for SOL-USD. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
ETC.TO vs. SOL-USD - Performance Comparison
Loading charts...
Different Trading Currencies
ETC.TO is traded in CAD, while SOL-USD is traded in USD. To make them comparable, the SOL-USD values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ETC.TO achieves a -27.84% return, which is significantly higher than SOL-USD's -42.50% return.
ETC.TO
- 1D
- -2.53%
- 1M
- -17.24%
- YTD
- -27.84%
- 6M
- -33.98%
- 1Y
- -38.74%
- 3Y*
- 24.15%
- 5Y*
- —
- 10Y*
- —
SOL-USD
- 1D
- -4.31%
- 1M
- -14.29%
- YTD
- -42.50%
- 6M
- -51.35%
- 1Y
- -53.91%
- 3Y*
- 49.65%
- 5Y*
- 16.81%
- 10Y*
- —
ETC.TO vs. SOL-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ETC.TO Evolve Cryptocurrencies ETF | -27.84% | -13.66% | 117.58% | 126.17% | -63.55% | 11.10% |
SOL-USD Solana | -42.50% | -37.11% | 101.69% | 902.22% | -93.74% | 24.72% |
Correlation
The correlation between ETC.TO and SOL-USD is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2021 | 0.52 |
The correlation between ETC.TO and SOL-USD has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETC.TO vs. SOL-USD — Risk / Return Rank
ETC.TO
SOL-USD
ETC.TO vs. SOL-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Cryptocurrencies ETF (ETC.TO) and Solana (SOL-USD). 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.
| ETC.TO | SOL-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.90 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.76 | +0.02 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.20 | -0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ETC.TO | SOL-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.82 | -0.76 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.86 | -0.77 |
Drawdowns
ETC.TO vs. SOL-USD - Drawdown Comparison
The maximum ETC.TO drawdown since its inception was -75.66%, smaller than the maximum SOL-USD drawdown of -95.78%. Use the drawdown chart below to compare losses from any high point for ETC.TO and SOL-USD.
Loading charts...
Drawdown Indicators
| ETC.TO | SOL-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.66% | -95.78% | +20.12% |
Max Drawdown (1Y)Largest decline over 1 year | -53.00% | -71.25% | +18.25% |
Max Drawdown (3Y)Largest decline over 3 years | -53.00% | -73.45% | +20.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -95.78% | — |
Current DrawdownCurrent decline from peak | -52.46% | -73.45% | +20.99% |
Average DrawdownAverage peak-to-trough decline | -35.35% | -49.70% | +14.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.46% | 52.03% | -20.57% |
Volatility
ETC.TO vs. SOL-USD - Volatility Comparison
The current volatility for Evolve Cryptocurrencies ETF (ETC.TO) is 9.86%, while Solana (SOL-USD) has a volatility of 15.24%. This indicates that ETC.TO experiences smaller price fluctuations and is considered to be less risky than SOL-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETC.TO | SOL-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 15.24% | -5.38% |
Volatility (6M)Calculated over the trailing 6-month period | 36.18% | 46.77% | -10.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.23% | 58.87% | -11.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.17% | 79.49% | -25.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.17% | 98.38% | -44.21% |
Frequently Asked Questions
ETC.TO and SOL-USD have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for ETC.TO and SOL-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer