ETHX-B.TO vs. CEQP.TO

Last updated Jul 1, 2026

ETHX-B.TO (CI Galaxy Ethereum ETF) and CEQP.TO (CI Equity+ Asset Allocation ETF) are both exchange-traded funds - ETHX-B.TO is a Cryptocurrency fund actively managed by CI, while CEQP.TO is a Diversified Portfolio fund actively managed by CI. Both are actively managed. At a correlation of -0.05, they often move in opposite directions.

Performance

ETHX-B.TO vs. CEQP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Ethereum ETF (ETHX-B.TO) and CI Equity+ Asset Allocation ETF (CEQP.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETHX-B.TO

• 1D: -2.57%
• 1M: -19.45%
• YTD: -45.06%
• 6M: -44.60%
• 1Y: -34.89%
• 3Y*: -4.92%
• 5Y*: -5.01%
• 10Y*: —

CEQP.TO

• 1D: 0.52%
• 1M: 0.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHX-B.TO vs. CEQP.TO - Yearly Performance Comparison

	2026 (YTD)
ETHX-B.TO CI Galaxy Ethereum ETF	-45.25%
CEQP.TO CI Equity+ Asset Allocation ETF	6.65%

Correlation

The correlation between ETHX-B.TO and CEQP.TO is -0.05, 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 Jan 28, 2026	-0.05

Return for Risk

ETHX-B.TO vs. CEQP.TO — Risk / Return Rank

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

ETHX-B.TO

ETHX-B.TO Risk / Return Rank: 6
ETHX-B.TO Sharpe Ratio Rank: 5
ETHX-B.TO Sortino Ratio Rank: 6
ETHX-B.TO Omega Ratio Rank: 6
ETHX-B.TO Calmar Ratio Rank: 5
ETHX-B.TO Martin Ratio Rank: 6

CEQP.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.

ETHX-B.TO vs. CEQP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Ethereum ETF (ETHX-B.TO) and CI Equity+ Asset Allocation ETF (CEQP.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.

	ETHX-B.TO	CEQP.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	—	—
Sortino ratio: Return per unit of downside risk	-0.44	—	—
Omega ratio: Gain probability vs. loss probability	0.95	—	—
Calmar ratio: Return relative to maximum drawdown	-0.52	—	—
Martin ratio: Return relative to average drawdown	-0.84	—	—

Drawdowns

ETHX-B.TO vs. CEQP.TO - Drawdown Comparison

The maximum ETHX-B.TO drawdown since its inception was -78.38%, which is greater than CEQP.TO's maximum drawdown of -8.33%. Use the drawdown chart below to compare losses from any high point for ETHX-B.TO and CEQP.TO.

Drawdown Indicators

	ETHX-B.TO	CEQP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-78.38%	-8.33%	-70.05%
Max Drawdown (1Y) Largest decline over 1 year	-67.14%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-67.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.38%	—	—
Current Drawdown Current decline from peak	-66.60%	-1.17%	-65.43%
Average Drawdown Average peak-to-trough decline	-43.02%	-1.79%	-41.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	41.78%	—	—

Volatility

Volatility by Period

	ETHX-B.TO	CEQP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	66.77%	16.82%	+49.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.08%	16.82%	+52.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.86%	16.82%	+55.04%

Dividends

ETHX-B.TO vs. CEQP.TO - Dividend Comparison

ETHX-B.TO has not paid dividends to shareholders, while CEQP.TO's dividend yield for the trailing twelve months is around 0.09%.

Position	TTM
CEQP.TO CI Equity+ Asset Allocation ETF	0.09%
ETHX-B.TO CI Galaxy Ethereum ETF	0.00%

Frequently Asked Questions

Can I hold both ETHX-B.TO and CEQP.TO in my portfolio?

ETHX-B.TO and CEQP.TO have a correlation of -0.05, 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 ETHX-B.TO and CEQP.TO?

ETHX-B.TO is categorized as Cryptocurrency, while CEQP.TO is Diversified Portfolio.