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FSB.TO vs. ETHX.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FSB.TO vs. ETHX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Enhanced Short Duration Bond Fund (FSB.TO) and CI Galaxy Ethereum ETF CAD Hedged Series (ETHX.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FSB.TO achieves a 1.28% return, which is significantly higher than ETHX.TO's -38.42% return.


FSB.TO

1D
0.00%
1M
-0.10%
6M
0.86%
YTD
1.28%
1Y
2.77%
3Y*
4.21%
5Y*
2.59%
10Y*
ALL TIME*
2.54%

ETHX.TO

1D
-0.53%
1M
17.19%
6M
-37.40%
YTD
-38.42%
1Y
3Y*
5Y*
10Y*
ALL TIME*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
CA$27.01KCA$25.02KCA$46.62K
CA$46.58KCA$37.38KCA$75.82K

FSB.TO vs. ETHX.TO - Yearly Performance Comparison


2026 (YTD)2025
FSB.TO
CI Enhanced Short Duration Bond Fund
1.28%0.91%
ETHX.TO
CI Galaxy Ethereum ETF CAD Hedged Series
-38.42%-36.36%

Correlation

The correlation between FSB.TO and ETHX.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 Aug 27, 2025

0.05

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Return for Risk

FSB.TO vs. ETHX.TO — Risk / Return Rank

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

FSB.TO
FSB.TO Risk / Return Rank: 6464
Overall Rank
FSB.TO Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FSB.TO Sortino Ratio Rank: 5050
Sortino Ratio Rank
FSB.TO Omega Ratio Rank: 4747
Omega Ratio Rank
FSB.TO Calmar Ratio Rank: 8686
Calmar Ratio Rank
FSB.TO Martin Ratio Rank: 8888
Martin Ratio Rank

ETHX.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.

FSB.TO vs. ETHX.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 CAD Hedged Series (ETHX.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.TOETHX.TODifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.22

Calmar ratioReturn relative to maximum drawdown

3.44

Martin ratioReturn relative to average drawdown

13.37

FSB.TO vs. ETHX.TO - Sharpe Ratio Comparison


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Drawdowns

FSB.TO vs. ETHX.TO - Drawdown Comparison

The maximum FSB.TO drawdown since its inception was -5.94%, smaller than the maximum ETHX.TO drawdown of -67.53%. Use the drawdown chart below to compare losses from any high point for FSB.TO and ETHX.TO.


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Drawdown Indicators


FSB.TOETHX.TODifference

Max Drawdown

Largest peak-to-trough decline

-5.94%

-67.53%

+61.59%

Max Drawdown (1Y)

Largest decline over 1 year

-0.81%

Max Drawdown (3Y)

Largest decline over 3 years

-1.24%

Max Drawdown (5Y)

Largest decline over 5 years

-3.99%

Current Drawdown

Current decline from peak

-0.31%

-61.34%

+61.03%

Average Drawdown

Average peak-to-trough decline

-0.47%

-41.77%

+41.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.21%

Volatility

FSB.TO vs. ETHX.TO - Volatility Comparison


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Volatility by Period


FSB.TOETHX.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

0.63%

Volatility (6M)

Calculated over the trailing 6-month period

1.71%

Volatility (1Y)

Calculated over the trailing 1-year period

2.34%

68.28%

-65.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.63%

68.28%

-65.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.61%

68.28%

-65.67%

FSB.TO vs. ETHX.TO - Expense Ratio Comparison

FSB.TO has a 0.73% expense ratio, which is higher than ETHX.TO's 0.68% expense ratio.


Dividends

FSB.TO vs. ETHX.TO - Dividend Comparison

FSB.TO's dividend yield for the trailing twelve months is around 4.02%, while ETHX.TO has not paid dividends to shareholders.


PositionTTM202520242023202220212020201920182017
ETHX.TO
CI Galaxy Ethereum ETF CAD Hedged Series
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
4.02%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.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.

On fees, ETHX.TO is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ETHX.TO is cheaper with a 0.68% expense ratio, compared with 0.73% for FSB.TO.

FSB.TO is categorized as Short-Term Bond, while ETHX.TO is Cryptocurrency. Their fees differ too: 0.73% for FSB.TO and 0.68% for ETHX.TO.

Portfolio Optimizer

Find the right allocation for FSB.TO and ETHX.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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