SOLL.TO vs. BTCC-U.TO

Last updated Jun 4, 2026

SOLL.TO (Purpose Solana ETF Currency Hedged Units) and BTCC-U.TO (Purpose Bitcoin ETF Non-Currency Hedged Units) are both Cryptocurrency funds from Purpose Investments. Both are actively managed. Over the past year, SOLL.TO returned -56.21% vs -38.53% for BTCC-U.TO. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

SOLL.TO vs. BTCC-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose Solana ETF Currency Hedged Units (SOLL.TO) and Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, SOLL.TO achieves a -42.41% return, which is significantly lower than BTCC-U.TO's -24.75% return.

SOLL.TO

• 1D: -4.68%
• 1M: -14.73%
• YTD: -42.41%
• 6M: -50.32%
• 1Y: -56.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCC-U.TO

• 1D: -1.51%
• 1M: -16.75%
• YTD: -24.75%
• 6M: -30.72%
• 1Y: -38.53%
• 3Y*: 33.54%
• 5Y*: 13.68%
• 10Y*: —

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

SOLL.TO vs. BTCC-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025
SOLL.TO Purpose Solana ETF Currency Hedged Units	-42.41%	-7.64%
BTCC-U.TO Purpose Bitcoin ETF Non-Currency Hedged Units	-24.75%	1.68%

Correlation

The correlation between SOLL.TO and BTCC-U.TO is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (All Time) Calculated using the full available price history since Apr 17, 2025	0.84

The correlation between SOLL.TO and BTCC-U.TO has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.

Return for Risk

SOLL.TO vs. BTCC-U.TO — Risk / Return Rank

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

SOLL.TO

SOLL.TO Risk / Return Rank: 3
SOLL.TO Sharpe Ratio Rank: 3
SOLL.TO Sortino Ratio Rank: 3
SOLL.TO Omega Ratio Rank: 3
SOLL.TO Calmar Ratio Rank: 2
SOLL.TO Martin Ratio Rank: 3

BTCC-U.TO

BTCC-U.TO Risk / Return Rank: 2
BTCC-U.TO Sharpe Ratio Rank: 2
BTCC-U.TO Sortino Ratio Rank: 2
BTCC-U.TO Omega Ratio Rank: 2
BTCC-U.TO Calmar Ratio Rank: 2
BTCC-U.TO Martin Ratio Rank: 2

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.

SOLL.TO vs. BTCC-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose Solana ETF Currency Hedged Units (SOLL.TO) and Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.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.

	SOLL.TO	BTCC-U.TO	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	-0.90	+0.12
Sortino ratio: Return per unit of downside risk	-1.09	-1.25	+0.16
Omega ratio: Gain probability vs. loss probability	0.88	0.86	+0.02
Calmar ratio: Return relative to maximum drawdown	-0.79	-0.77	-0.02
Martin ratio: Return relative to average drawdown	-1.24	-1.32	+0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOLL.TO vs. BTCC-U.TO - Sharpe Ratio Comparison

The current SOLL.TO Sharpe Ratio is -0.78, which is comparable to the BTCC-U.TO Sharpe Ratio of -0.90. The chart below compares the historical Sharpe Ratios of SOLL.TO and BTCC-U.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SOLL.TO	BTCC-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.78	-0.90	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.61	0.08	-0.69

Drawdowns

SOLL.TO vs. BTCC-U.TO - Drawdown Comparison

The maximum SOLL.TO drawdown since its inception was -71.52%, roughly equal to the maximum BTCC-U.TO drawdown of -75.02%. Use the drawdown chart below to compare losses from any high point for SOLL.TO and BTCC-U.TO.

Drawdown Indicators

	SOLL.TO	BTCC-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-71.52%	-75.02%	+3.50%
Max Drawdown (1Y) Largest decline over 1 year	-71.52%	-50.22%	-21.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-50.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-75.02%	—
Current Drawdown Current decline from peak	-71.52%	-48.58%	-22.94%
Average Drawdown Average peak-to-trough decline	-34.60%	-32.78%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.19%	29.12%	+16.07%

Volatility

SOLL.TO vs. BTCC-U.TO - Volatility Comparison

Purpose Solana ETF Currency Hedged Units (SOLL.TO) has a higher volatility of 16.48% compared to Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO) at 10.03%. This indicates that SOLL.TO's price experiences larger fluctuations and is considered to be riskier than BTCC-U.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOLL.TO	BTCC-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.48%	10.03%	+6.45%
Volatility (6M) Calculated over the trailing 6-month period	50.24%	34.40%	+15.84%
Volatility (1Y) Calculated over the trailing 1-year period	72.62%	43.04%	+29.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.16%	53.56%	+17.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.16%	54.69%	+16.47%

Dividends

SOLL.TO vs. BTCC-U.TO - Dividend Comparison

Neither SOLL.TO nor BTCC-U.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SOLL.TO and BTCC-U.TO in my portfolio?

SOLL.TO and BTCC-U.TO have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.