SOLQ.TO vs. LBIT.TO
SOLQ.TO (3iQ Solana Staking ETF) and LBIT.TO (Evolve Levered Bitcoin ETF) are both exchange-traded funds - SOLQ.TO is a Cryptocurrency fund actively managed by 3iQ, while LBIT.TO is a Leveraged Cryptocurrency fund actively managed by Evolve. Both are actively managed. Over the past year, SOLQ.TO returned -49.19% vs -53.43% for LBIT.TO. A 0.75 correlation means they provide meaningful diversification when combined.
Performance
SOLQ.TO vs. LBIT.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SOLQ.TO achieves a -35.22% return, which is significantly lower than LBIT.TO's -31.57% return.
SOLQ.TO
- 1D
- -0.23%
- 1M
- 3.04%
- 6M
- -46.18%
- YTD
- -35.22%
- 1Y
- -49.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LBIT.TO
- 1D
- 0.69%
- 1M
- -2.76%
- 6M
- -41.08%
- YTD
- -31.57%
- 1Y
- -53.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOLQ.TO vs. LBIT.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOLQ.TO 3iQ Solana Staking ETF | -35.22% | -1.38% |
LBIT.TO Evolve Levered Bitcoin ETF | -31.57% | -1.24% |
Correlation
The correlation between SOLQ.TO and LBIT.TO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2025 | 0.75 |
The correlation between SOLQ.TO and LBIT.TO has been stable across timeframes, ranging from 0.75 to 0.77 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SOLQ.TO vs. LBIT.TO — Risk / Return Rank
SOLQ.TO
LBIT.TO
SOLQ.TO vs. LBIT.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 3iQ Solana Staking ETF (SOLQ.TO) and Evolve Levered Bitcoin ETF (LBIT.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.
| SOLQ.TO | LBIT.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.81 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | -0.86 | +0.19 |
| Martin ratioReturn relative to average drawdown | -0.98 | -1.32 | +0.34 |
Loading charts...
Drawdowns
SOLQ.TO vs. LBIT.TO - Drawdown Comparison
The maximum SOLQ.TO drawdown since its inception was -73.59%, which is greater than LBIT.TO's maximum drawdown of -62.43%. Use the drawdown chart below to compare losses from any high point for SOLQ.TO and LBIT.TO.
Loading charts...
Drawdown Indicators
| SOLQ.TO | LBIT.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.59% | -62.43% | -11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -73.59% | -62.43% | -11.16% |
Current DrawdownCurrent decline from peak | -67.55% | -57.92% | -9.63% |
Average DrawdownAverage peak-to-trough decline | -37.30% | -28.36% | -8.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.13% | 40.54% | +9.59% |
Volatility
SOLQ.TO vs. LBIT.TO - Volatility Comparison
3iQ Solana Staking ETF (SOLQ.TO) has a higher volatility of 19.13% compared to Evolve Levered Bitcoin ETF (LBIT.TO) at 13.92%. This indicates that SOLQ.TO's price experiences larger fluctuations and is considered to be riskier than LBIT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SOLQ.TO | LBIT.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.13% | 13.92% | +5.21% |
Volatility (6M)Calculated over the trailing 6-month period | 51.32% | 41.55% | +9.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.16% | 52.67% | +20.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.18% | 51.57% | +19.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.18% | 51.57% | +19.61% |
Dividends
SOLQ.TO vs. LBIT.TO - Dividend Comparison
Neither SOLQ.TO nor LBIT.TO has paid dividends to shareholders.
Frequently Asked Questions
SOLQ.TO and LBIT.TO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOLQ.TO is categorized as Cryptocurrency, while LBIT.TO is Leveraged Cryptocurrency. They also come from different issuers: 3iQ and Evolve.
Find the right allocation for SOLQ.TO and LBIT.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer