FSB.TO vs. ETHX-B.TO
FSB.TO (CI Enhanced Short Duration Bond Fund) and ETHX-B.TO (CI Galaxy Ethereum ETF) are both exchange-traded funds - FSB.TO is a Short-Term Bond fund actively managed by CI, while ETHX-B.TO is a Cryptocurrency fund tracking the No Index (Physical Cryptocurrency). FSB.TO is actively managed, while ETHX-B.TO is passively managed. Over the past 5 years, FSB.TO returned 2.51%/yr vs -3.31%/yr for ETHX-B.TO. Their 0.06 correlation means their historical movements had little consistent relationship. FSB.TO charges 0.73%/yr vs 0.71%/yr for ETHX-B.TO.
Performance
FSB.TO vs. ETHX-B.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSB.TO achieves a 1.09% return, which is significantly higher than ETHX-B.TO's -35.87% return.
FSB.TO
- 1D
- -0.11%
- 1M
- -0.29%
- 6M
- 0.86%
- YTD
- 1.09%
- 1Y
- 2.45%
- 3Y*
- 4.19%
- 5Y*
- 2.51%
- 10Y*
- —
- ALL TIME*
- 2.51%
ETHX-B.TO
- 1D
- -2.83%
- 1M
- 5.45%
- 6M
- -28.23%
- YTD
- -35.87%
- 1Y
- -46.23%
- 3Y*
- 1.48%
- 5Y*
- -3.31%
- 10Y*
- —
- ALL TIME*
- -1.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ETHX-B.TO CI Galaxy Ethereum ETF | CA$1.11M | CA$1.46M | CA$1.82M |
| CA$70.38K | CA$51.61K | CA$80.24K |
FSB.TO vs. ETHX-B.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSB.TO CI Enhanced Short Duration Bond Fund | 1.09% | 3.84% | 4.40% | 5.21% | -1.97% | 0.65% |
ETHX-B.TO CI Galaxy Ethereum ETF | -35.87% | -15.87% | 55.80% | 90.02% | -65.68% | 64.85% |
Correlation
The correlation between FSB.TO and ETHX-B.TO is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Apr 20, 2021 | 0.06 |
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
FSB.TO vs. ETHX-B.TO — Risk / Return Rank
FSB.TO
ETHX-B.TO
FSB.TO vs. ETHX-B.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Enhanced Short Duration Bond Fund (FSB.TO) and CI Galaxy Ethereum ETF (ETHX-B.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.
| FSB.TO | ETHX-B.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.89 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | -0.74 | +3.65 |
| Martin ratioReturn relative to average drawdown | 10.97 | -1.09 | +12.07 |
Loading charts...
Drawdowns
FSB.TO vs. ETHX-B.TO - Drawdown Comparison
The maximum FSB.TO drawdown since its inception was -5.94%, smaller than the maximum ETHX-B.TO drawdown of -78.38%. Use the drawdown chart below to compare losses from any high point for FSB.TO and ETHX-B.TO.
Loading charts...
Drawdown Indicators
| FSB.TO | ETHX-B.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.94% | -78.38% | +72.44% |
Max Drawdown (1Y)Largest decline over 1 year | -0.81% | -67.14% | +66.33% |
Max Drawdown (3Y)Largest decline over 3 years | -1.24% | -67.14% | +65.90% |
Max Drawdown (5Y)Largest decline over 5 years | -3.99% | -78.38% | +74.39% |
Current DrawdownCurrent decline from peak | -0.50% | -61.01% | +60.51% |
Average DrawdownAverage peak-to-trough decline | -0.47% | -43.32% | +42.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 45.52% | -45.31% |
Volatility
FSB.TO vs. ETHX-B.TO - Volatility Comparison
The current volatility for CI Enhanced Short Duration Bond Fund (FSB.TO) is 0.62%, while CI Galaxy Ethereum ETF (ETHX-B.TO) has a volatility of 11.47%. This indicates that FSB.TO experiences smaller price fluctuations and is considered to be less risky than ETHX-B.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSB.TO | ETHX-B.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.62% | 11.47% | -10.85% |
Volatility (6M)Calculated over the trailing 6-month period | 1.67% | 44.66% | -42.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.36% | 65.43% | -63.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.63% | 68.31% | -65.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.61% | 71.51% | -68.90% |
FSB.TO vs. ETHX-B.TO - Expense Ratio Comparison
FSB.TO has a 0.73% expense ratio, which is higher than ETHX-B.TO's 0.71% expense ratio.
Dividends
FSB.TO vs. ETHX-B.TO - Dividend Comparison
FSB.TO's dividend yield for the trailing twelve months is around 4.04%, while ETHX-B.TO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ETHX-B.TO CI Galaxy Ethereum ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSB.TO CI Enhanced Short Duration Bond Fund | 4.04% | 3.99% | 3.98% | 3.99% | 2.25% | 1.87% | 2.68% | 2.42% | 2.44% | 1.20% |
Frequently Asked Questions
FSB.TO and ETHX-B.TO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETHX-B.TO is cheaper at 0.71% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETHX-B.TO is cheaper with a 0.71% expense ratio, compared with 0.73% for FSB.TO.
FSB.TO is categorized as Short-Term Bond, while ETHX-B.TO is Cryptocurrency. Their fees differ too: 0.73% for FSB.TO and 0.71% for ETHX-B.TO.
Find the right allocation for FSB.TO and ETHX-B.TO
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