SOLX.TO vs. CGXF.TO

Last updated Jun 4, 2026

SOLX.TO (CI Galaxy Solana ETF) and CGXF.TO (CI Gold+ Giants Covered Call ETF Common) are both exchange-traded funds - SOLX.TO is a Cryptocurrency fund managed by CI, while CGXF.TO is a Gold fund actively managed by CI. At a 0.13 correlation, their price movements are largely independent. SOLX.TO charges 1.00%/yr vs 1.08%/yr for CGXF.TO.

Performance

SOLX.TO vs. CGXF.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Solana ETF (SOLX.TO) and CI Gold+ Giants Covered Call ETF Common (CGXF.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLX.TO achieves a -39.87% return, which is significantly lower than CGXF.TO's -2.14% return.

SOLX.TO

• 1D: -2.37%
• 1M: -9.51%
• YTD: -39.87%
• 6M: -49.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGXF.TO

• 1D: -2.68%
• 1M: 1.53%
• YTD: -2.14%
• 6M: 2.55%
• 1Y: 44.73%
• 3Y*: 30.89%
• 5Y*: 17.02%
• 10Y*: 10.53%

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

SOLX.TO vs. CGXF.TO - Yearly Performance Comparison

	2026 (YTD)	2025
SOLX.TO CI Galaxy Solana ETF	-39.87%	-40.28%
CGXF.TO CI Gold+ Giants Covered Call ETF Common	-2.14%	25.48%

Correlation

The correlation between SOLX.TO and CGXF.TO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 3, 2025	0.13

Return for Risk

SOLX.TO vs. CGXF.TO — Risk / Return Rank

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

CGXF.TO

CGXF.TO Risk / Return Rank: 31
CGXF.TO Sharpe Ratio Rank: 31
CGXF.TO Sortino Ratio Rank: 29
CGXF.TO Omega Ratio Rank: 33
CGXF.TO Calmar Ratio Rank: 33
CGXF.TO Martin Ratio Rank: 29

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.

SOLX.TO vs. CGXF.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Solana ETF (SOLX.TO) and CI Gold+ Giants Covered Call ETF Common (CGXF.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.

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

Sharpe Ratios by Period

	SOLX.TO	CGXF.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.13	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.02	0.05	-1.07

Drawdowns

SOLX.TO vs. CGXF.TO - Drawdown Comparison

The maximum SOLX.TO drawdown since its inception was -70.44%, smaller than the maximum CGXF.TO drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for SOLX.TO and CGXF.TO.

Drawdown Indicators

	SOLX.TO	CGXF.TO	Difference
Max Drawdown Largest peak-to-trough decline	-70.44%	-88.66%	+18.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-27.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.19%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.68%	—
Current Drawdown Current decline from peak	-70.44%	-24.36%	-46.08%
Average Drawdown Average peak-to-trough decline	-47.74%	-30.71%	-17.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.76%	—

Volatility

Volatility by Period

	SOLX.TO	CGXF.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	73.25%	39.82%	+33.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.25%	30.85%	+42.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.25%	30.30%	+42.95%

SOLX.TO vs. CGXF.TO - Expense Ratio Comparison

SOLX.TO has a 1.00% expense ratio, which is lower than CGXF.TO's 1.08% expense ratio.

Dividends

SOLX.TO vs. CGXF.TO - Dividend Comparison

SOLX.TO has not paid dividends to shareholders, while CGXF.TO's dividend yield for the trailing twelve months is around 12.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGXF.TO CI Gold+ Giants Covered Call ETF Common	12.61%	7.43%	8.09%	8.92%	8.54%	8.59%	11.01%	6.69%	7.97%	6.99%	10.68%	11.75%
SOLX.TO CI Galaxy Solana ETF	0.81%	0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOLX.TO and CGXF.TO in my portfolio?

SOLX.TO and CGXF.TO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLX.TO or CGXF.TO?

On fees, SOLX.TO is cheaper at 1.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOLX.TO or CGXF.TO?

SOLX.TO is cheaper with a 1.00% expense ratio, compared with 1.08% for CGXF.TO.

What is the main difference between SOLX.TO and CGXF.TO?

SOLX.TO is categorized as Cryptocurrency, while CGXF.TO is Gold. Their fees differ too: 1.00% for SOLX.TO and 1.08% for CGXF.TO.