SOLA.TO vs. BIGY.TO

Last updated Jul 16, 2026

SOLA.TO (Evolve Solana ETF) and BIGY.TO (Evolve US Equity UltraYield ETF) are both exchange-traded funds - SOLA.TO is a Cryptocurrency fund actively managed by Evolve, while BIGY.TO is a Derivative Income fund actively managed by Evolve. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined.

Performance

SOLA.TO vs. BIGY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Evolve Solana ETF (SOLA.TO) and Evolve US Equity UltraYield ETF (BIGY.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLA.TO achieves a -37.77% return, which is significantly lower than BIGY.TO's -12.62% return.

SOLA.TO

• 1D: 0.00%
• 1M: 1.60%
• 6M: -48.18%
• YTD: -37.77%
• 1Y: -52.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIGY.TO

• 1D: -1.37%
• 1M: -6.26%
• 6M: -14.63%
• YTD: -12.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOLA.TO vs. BIGY.TO - Yearly Performance Comparison

	2026 (YTD)	2025
SOLA.TO Evolve Solana ETF	-37.77%	-43.56%
BIGY.TO Evolve US Equity UltraYield ETF	-12.62%	-1.05%

Correlation

The correlation between SOLA.TO and BIGY.TO is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	0.63

Return for Risk

SOLA.TO vs. BIGY.TO — Risk / Return Rank

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

SOLA.TO

SOLA.TO Risk / Return Rank: 4
SOLA.TO Sharpe Ratio Rank: 4
SOLA.TO Sortino Ratio Rank: 4
SOLA.TO Omega Ratio Rank: 4
SOLA.TO Calmar Ratio Rank: 4
SOLA.TO Martin Ratio Rank: 4

BIGY.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.

SOLA.TO vs. BIGY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve Solana ETF (SOLA.TO) and Evolve US Equity UltraYield ETF (BIGY.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.

	SOLA.TO	BIGY.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.71	—	—
Sortino ratio: Return per unit of downside risk	-0.90	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.70	—	—
Martin ratio: Return relative to average drawdown	-1.02	—	—

Drawdowns

SOLA.TO vs. BIGY.TO - Drawdown Comparison

The maximum SOLA.TO drawdown since its inception was -74.77%, which is greater than BIGY.TO's maximum drawdown of -27.81%. Use the drawdown chart below to compare losses from any high point for SOLA.TO and BIGY.TO.

Drawdown Indicators

	SOLA.TO	BIGY.TO	Difference
Max Drawdown Largest peak-to-trough decline	-74.77%	-27.81%	-46.96%
Max Drawdown (1Y) Largest decline over 1 year	-74.77%	—	—
Current Drawdown Current decline from peak	-69.27%	-21.62%	-47.65%
Average Drawdown Average peak-to-trough decline	-38.22%	-12.46%	-25.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.04%	—	—

Volatility

Volatility by Period

	SOLA.TO	BIGY.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	52.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	74.24%	28.76%	+45.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.52%	28.76%	+43.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.52%	28.76%	+43.76%

Dividends

SOLA.TO vs. BIGY.TO - Dividend Comparison

SOLA.TO has not paid dividends to shareholders, while BIGY.TO's dividend yield for the trailing twelve months is around 36.04%.

Position	TTM	2025
BIGY.TO Evolve US Equity UltraYield ETF	36.04%	9.54%
SOLA.TO Evolve Solana ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOLA.TO and BIGY.TO in my portfolio?

SOLA.TO and BIGY.TO have a correlation of 0.63, 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 SOLA.TO and BIGY.TO?

SOLA.TO is categorized as Cryptocurrency, while BIGY.TO is Derivative Income.