ETC.TO vs. SOLQ.TO

Last updated Jul 18, 2026

ETC.TO (Evolve Cryptocurrencies ETF) and SOLQ.TO (3iQ Solana Staking ETF) are both Cryptocurrency funds. Both are actively managed. Over the past year, ETC.TO returned -48.17% vs -54.24% for SOLQ.TO. Their correlation of 0.87 suggests significant overlap in exposure.

Performance

ETC.TO vs. SOLQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Cryptocurrencies ETF (ETC.TO) and 3iQ Solana Staking ETF (SOLQ.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETC.TO achieves a -28.30% return, which is significantly higher than SOLQ.TO's -36.99% return.

ETC.TO

• 1D: -0.89%
• 1M: 0.08%
• 6M: -35.47%
• YTD: -28.30%
• 1Y: -48.17%
• 3Y*: 22.27%
• 5Y*: —
• 10Y*: —

SOLQ.TO

• 1D: -1.04%
• 1M: 4.51%
• 6M: -46.77%
• YTD: -36.99%
• 1Y: -54.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETC.TO vs. SOLQ.TO - Yearly Performance Comparison

	2026 (YTD)	2025
ETC.TO Evolve Cryptocurrencies ETF	-28.30%	7.90%
SOLQ.TO 3iQ Solana Staking ETF	-36.99%	-1.38%

Correlation

The correlation between ETC.TO and SOLQ.TO is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (All Time) Calculated using the full available price history since Apr 16, 2025	0.87

The correlation between ETC.TO and SOLQ.TO has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

Return for Risk

ETC.TO vs. SOLQ.TO — Risk / Return Rank

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

ETC.TO

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

SOLQ.TO

SOLQ.TO Risk / Return Rank: 4
SOLQ.TO Sharpe Ratio Rank: 3
SOLQ.TO Sortino Ratio Rank: 4
SOLQ.TO Omega Ratio Rank: 4
SOLQ.TO Calmar Ratio Rank: 3
SOLQ.TO Martin Ratio Rank: 4

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.

ETC.TO vs. SOLQ.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Cryptocurrencies ETF (ETC.TO) and 3iQ Solana Staking ETF (SOLQ.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.

	ETC.TO	SOLQ.TO	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	-0.75	-0.25
Sortino ratio: Return per unit of downside risk	-1.55	-1.02	-0.53
Omega ratio: Gain probability vs. loss probability	0.83	0.89	-0.06
Calmar ratio: Return relative to maximum drawdown	-0.85	-0.74	-0.11
Martin ratio: Return relative to average drawdown	-1.32	-1.08	-0.24

ETC.TO vs. SOLQ.TO - Sharpe Ratio Comparison

The current ETC.TO Sharpe Ratio is -1.00, which is lower than the SOLQ.TO Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of ETC.TO and SOLQ.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETC.TO vs. SOLQ.TO - Drawdown Comparison

The maximum ETC.TO drawdown since its inception was -75.66%, roughly equal to the maximum SOLQ.TO drawdown of -73.59%. Use the drawdown chart below to compare losses from any high point for ETC.TO and SOLQ.TO.

Drawdown Indicators

	ETC.TO	SOLQ.TO	Difference
Max Drawdown Largest peak-to-trough decline	-75.66%	-73.59%	-2.07%
Max Drawdown (1Y) Largest decline over 1 year	-56.51%	-73.59%	+17.08%
Max Drawdown (3Y) Largest decline over 3 years	-56.51%	—	—
Current Drawdown Current decline from peak	-52.77%	-68.43%	+15.66%
Average Drawdown Average peak-to-trough decline	-35.85%	-37.50%	+1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.65%	50.50%	-13.85%

Volatility

ETC.TO vs. SOLQ.TO - Volatility Comparison

The current volatility for Evolve Cryptocurrencies ETF (ETC.TO) is 11.49%, while 3iQ Solana Staking ETF (SOLQ.TO) has a volatility of 18.98%. This indicates that ETC.TO experiences smaller price fluctuations and is considered to be less risky than SOLQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETC.TO	SOLQ.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.49%	18.98%	-7.49%
Volatility (6M) Calculated over the trailing 6-month period	36.82%	51.12%	-14.30%
Volatility (1Y) Calculated over the trailing 1-year period	48.18%	72.62%	-24.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.01%	70.98%	-16.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.01%	70.98%	-16.97%

Dividends

ETC.TO vs. SOLQ.TO - Dividend Comparison

ETC.TO's dividend yield for the trailing twelve months is around 0.82%, while SOLQ.TO has not paid dividends to shareholders.

Position	TTM	2025	2024
ETC.TO Evolve Cryptocurrencies ETF	0.82%	0.58%	0.05%
SOLQ.TO 3iQ Solana Staking ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ETC.TO and SOLQ.TO in my portfolio?

ETC.TO and SOLQ.TO have a correlation of 0.88, 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 ETC.TO and SOLQ.TO?

They also come from different issuers: Evolve and 3iQ.