ETHH.TO vs. SOLX.TO

Last updated Aug 4, 2026

ETHH.TO (Purpose Ether ETF) and SOLX.TO (CI Galaxy Solana ETF) are both Cryptocurrency funds. Both are actively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. Both charge a 1.00% expense ratio.

Performance

ETHH.TO vs. SOLX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Ether ETF (ETHH.TO) and CI Galaxy Solana ETF (SOLX.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with ETHH.TO having a -38.87% return and SOLX.TO slightly lower at -40.52%.

ETHH.TO

• 1D: -2.81%
• 1M: 6.79%
• 6M: -21.54%
• YTD: -38.87%
• 1Y: -48.97%
• 3Y*: -3.29%
• 5Y*: -8.33%
• 10Y*: —
• ALL TIME*: -7.09%

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)
ETHH.TO Purpose Ether ETF	CA$119.99K	CA$198.31K	CA$386.38K
SOLX.TO CI Galaxy Solana ETF	CA$74.70	CA$866.86	CA$2.54K

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

	2026 (YTD)	2025
ETHH.TO Purpose Ether ETF	-38.87%	-32.34%
SOLX.TO CI Galaxy Solana ETF	-40.52%	-40.68%

Correlation

The correlation between ETHH.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

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

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

ETHH.TO

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for Purpose Ether ETF (ETHH.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.

	ETHH.TO	SOLX.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	—	—
Sortino ratio: Return per unit of downside risk	-1.08	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.76	—	—
Martin ratio: Return relative to average drawdown	-1.12	—	—

Drawdowns

ETHH.TO vs. SOLX.TO - Drawdown Comparison

The maximum ETHH.TO drawdown since its inception was -79.46%, which is greater than SOLX.TO's maximum drawdown of -75.14%. Use the drawdown chart below to compare losses from any high point for ETHH.TO and SOLX.TO.

Drawdown Indicators

	ETHH.TO	SOLX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-79.46%	-75.14%	-4.32%
Max Drawdown (1Y) Largest decline over 1 year	-68.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-68.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-79.46%	—	—
Current Drawdown Current decline from peak	-67.40%	-70.76%	+3.36%
Average Drawdown Average peak-to-trough decline	-49.64%	-51.71%	+2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.41%	—	—

Volatility

Volatility by Period

	ETHH.TO	SOLX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	66.55%	74.09%	-7.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.42%	74.09%	-4.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.59%	74.09%	-1.50%

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

Both ETHH.TO and SOLX.TO have an expense ratio of 1.00%.

Dividends

ETHH.TO vs. SOLX.TO - Dividend Comparison

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

Position	TTM	2025
ETHH.TO Purpose Ether ETF	0.00%	0.00%
SOLX.TO CI Galaxy Solana ETF	0.82%	0.49%

Frequently Asked Questions

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

ETHH.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, ETHH.TO or SOLX.TO?

Both ETFs have the same 1.00% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

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

ETHH.TO and SOLX.TO have the same expense ratio: 1.00% per year.

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

They also come from different issuers: Purpose and CI.