LTCC vs. HBR

Last updated Jun 23, 2026

LTCC (Canary Litecoin ETF) and HBR (Canary HBAR ETF) are both Cryptocurrency funds from Canary Capital. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. LTCC charges 0.95%/yr vs 0.50%/yr for HBR.

Performance

LTCC vs. HBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Litecoin ETF (LTCC) and Canary HBAR ETF (HBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LTCC achieves a -42.05% return, which is significantly lower than HBR's -26.35% return.

LTCC

• 1D: 2.46%
• 1M: -16.18%
• YTD: -42.05%
• 6M: -42.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HBR

• 1D: -1.26%
• 1M: -10.66%
• YTD: -26.35%
• 6M: -30.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LTCC vs. HBR - Yearly Performance Comparison

	2026 (YTD)	2025
LTCC Canary Litecoin ETF	-42.05%	-25.94%
HBR Canary HBAR ETF	-26.35%	-49.43%

Correlation

The correlation between LTCC and HBR is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.84

Return for Risk

LTCC vs. HBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary Litecoin ETF (LTCC) and Canary HBAR ETF (HBR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

LTCC vs. HBR - Drawdown Comparison

The maximum LTCC drawdown since its inception was -61.39%, roughly equal to the maximum HBR drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for LTCC and HBR.

Drawdown Indicators

	LTCC	HBR	Difference
Max Drawdown Largest peak-to-trough decline	-61.39%	-63.61%	+2.22%
Current Drawdown Current decline from peak	-58.65%	-62.75%	+4.10%
Average Drawdown Average peak-to-trough decline	-39.30%	-48.71%	+9.41%

Volatility

Volatility by Period

	LTCC	HBR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.64%	72.66%	-9.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.64%	72.66%	-9.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.64%	72.66%	-9.02%

LTCC vs. HBR - Expense Ratio Comparison

LTCC has a 0.95% expense ratio, which is higher than HBR's 0.50% expense ratio.

Dividends

LTCC vs. HBR - Dividend Comparison

Neither LTCC nor HBR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LTCC and HBR in my portfolio?

LTCC and HBR have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LTCC or HBR?

On fees, HBR is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LTCC or HBR?

HBR is cheaper with a 0.50% expense ratio, compared with 0.95% for LTCC.

Which ETF pays a higher dividend yield, LTCC or HBR?

LTCC and HBR have nearly identical dividend yields, around 0.00%.

What is the main difference between LTCC and HBR?

Their fees differ too: 0.95% for LTCC and 0.50% for HBR.