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GLCC.TO vs. BCCC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GLCC.TO vs. BCCC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and Global X Bitcoin Covered Call ETF (BCCC). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

GLCC.TO is traded in CAD, while BCCC is traded in USD. To make them comparable, the BCCC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GLCC.TO achieves a -6.77% return, which is significantly higher than BCCC's -20.85% return.


GLCC.TO

1D
-3.96%
1M
-6.23%
YTD
-6.77%
6M
-10.89%
1Y
46.25%
3Y*
41.21%
5Y*
22.01%
10Y*
13.14%

BCCC

1D
-1.80%
1M
-12.11%
YTD
-20.85%
6M
-20.20%
1Y
-26.75%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

GLCC.TO vs. BCCC - Yearly Performance Comparison


Correlation

The correlation between GLCC.TO and BCCC is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (All Time)
Calculated using the full available price history since Jun 4, 2025

0.19

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Return for Risk

GLCC.TO vs. BCCC — Risk / Return Rank

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

GLCC.TO
GLCC.TO Risk / Return Rank: 3030
Overall Rank
GLCC.TO Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
GLCC.TO Sortino Ratio Rank: 2929
Sortino Ratio Rank
GLCC.TO Omega Ratio Rank: 3232
Omega Ratio Rank
GLCC.TO Calmar Ratio Rank: 2929
Calmar Ratio Rank
GLCC.TO Martin Ratio Rank: 2929
Martin Ratio Rank

BCCC
BCCC Risk / Return Rank: 33
Overall Rank
BCCC Sharpe Ratio Rank: 33
Sharpe Ratio Rank
BCCC Sortino Ratio Rank: 33
Sortino Ratio Rank
BCCC Omega Ratio Rank: 33
Omega Ratio Rank
BCCC Calmar Ratio Rank: 33
Calmar Ratio Rank
BCCC Martin Ratio Rank: 33
Martin Ratio Rank
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.

GLCC.TO vs. BCCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Gold Producer Equity Covered Call ETF (GLCC.TO) and Global X Bitcoin Covered Call ETF (BCCC). 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.


GLCC.TOBCCCDifference
Sharpe ratioReturn per unit of total volatility

+1.81

Sortino ratioReturn per unit of downside risk

+2.42

Omega ratioGain probability vs. loss probability

1.21

0.88

+0.32

Calmar ratioReturn relative to maximum drawdown

1.41

-0.63

+2.03

Martin ratioReturn relative to average drawdown

3.78

-1.14

+4.92

GLCC.TO vs. BCCC - Sharpe Ratio Comparison

The current GLCC.TO Sharpe Ratio is 1.06, which is higher than the BCCC Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of GLCC.TO and BCCC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

GLCC.TO vs. BCCC - Drawdown Comparison

The maximum GLCC.TO drawdown since its inception was -81.37%, which is greater than BCCC's maximum drawdown of -42.86%. Use the drawdown chart below to compare losses from any high point for GLCC.TO and BCCC.


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Drawdown Indicators


GLCC.TOBCCCDifference

Max Drawdown

Largest peak-to-trough decline

-81.37%

-42.86%

-38.51%

Max Drawdown (1Y)

Largest decline over 1 year

-33.03%

-42.86%

+9.83%

Max Drawdown (3Y)

Largest decline over 3 years

-33.03%

Max Drawdown (5Y)

Largest decline over 5 years

-37.60%

Max Drawdown (10Y)

Largest decline over 10 years

-44.83%

Current Drawdown

Current decline from peak

-28.29%

-37.97%

+9.68%

Average Drawdown

Average peak-to-trough decline

-53.09%

-18.30%

-34.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.28%

23.53%

-11.25%

Volatility

GLCC.TO vs. BCCC - Volatility Comparison

Global X Gold Producer Equity Covered Call ETF (GLCC.TO) has a higher volatility of 15.89% compared to Global X Bitcoin Covered Call ETF (BCCC) at 10.60%. This indicates that GLCC.TO's price experiences larger fluctuations and is considered to be riskier than BCCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GLCC.TOBCCCDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.89%

10.60%

+5.29%

Volatility (6M)

Calculated over the trailing 6-month period

36.66%

29.01%

+7.65%

Volatility (1Y)

Calculated over the trailing 1-year period

43.99%

35.64%

+8.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.49%

35.40%

-2.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.24%

35.40%

-3.16%

GLCC.TO vs. BCCC - Expense Ratio Comparison

GLCC.TO has a 0.79% expense ratio, which is higher than BCCC's 0.75% expense ratio.


Dividends

GLCC.TO vs. BCCC - Dividend Comparison

GLCC.TO's dividend yield for the trailing twelve months is around 9.28%, less than BCCC's 63.85% yield.


PositionTTM20252024202320222021202020192018201720162015
BCCC
Global X Bitcoin Covered Call ETF
63.85%29.55%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GLCC.TO
Global X Gold Producer Equity Covered Call ETF
9.28%6.01%10.30%11.16%10.08%6.31%6.47%4.58%5.62%7.08%8.75%2.32%

Frequently Asked Questions


GLCC.TO and BCCC have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BCCC is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BCCC is cheaper with a 0.75% expense ratio, compared with 0.79% for GLCC.TO.

GLCC.TO is categorized as Derivative Income, while BCCC is Cryptocurrency. Their fees differ too: 0.79% for GLCC.TO and 0.75% for BCCC.

Portfolio Optimizer

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