VALT-U.TO vs. SOLX.TO

Last updated Jul 25, 2026

VALT-U.TO (CI Gold Bullion ETF (US$ Series)) and SOLX.TO (CI Galaxy Solana ETF) are both exchange-traded funds - VALT-U.TO is a Gold fund actively managed by CI, while SOLX.TO is a Cryptocurrency fund actively managed by CI. Both are actively managed. At a 0.09 correlation, their price movements are largely independent.

Performance

VALT-U.TO vs. SOLX.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CI Gold Bullion ETF (US$ Series) (VALT-U.TO) and CI Galaxy Solana ETF (SOLX.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, VALT-U.TO achieves a -4.48% return, which is significantly higher than SOLX.TO's -39.65% return.

VALT-U.TO

• 1D: -0.20%
• 1M: 3.59%
• 6M: -17.11%
• YTD: -4.48%
• 1Y: 22.32%
• 3Y*: 27.96%
• 5Y*: 17.86%
• 10Y*: —
• ALL TIME*: 15.48%

SOLX.TO

• 1D: -0.12%
• 1M: 17.08%
• 6M: -40.98%
• YTD: -39.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SOLX.TO CI Galaxy Solana ETF	$642.56	$3.05K	$2.15K
VALT-U.TO CI Gold Bullion ETF (US$ Series)	$45.31K	$68.86K	$230.81K

VALT-U.TO vs. SOLX.TO - Yearly Performance Comparison

	2026 (YTD)	2025
VALT-U.TO CI Gold Bullion ETF (US$ Series)	-4.48%	25.43%
SOLX.TO CI Galaxy Solana ETF	-39.65%	-40.45%

Correlation

The correlation between VALT-U.TO and SOLX.TO is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 2, 2025	0.09

Return for Risk

VALT-U.TO vs. SOLX.TO — Risk / Return Rank

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

VALT-U.TO

VALT-U.TO Risk / Return Rank: 26
VALT-U.TO Sharpe Ratio Rank: 24
VALT-U.TO Sortino Ratio Rank: 27
VALT-U.TO Omega Ratio Rank: 37
VALT-U.TO Calmar Ratio Rank: 21
VALT-U.TO Martin Ratio Rank: 20

SOLX.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.

VALT-U.TO vs. SOLX.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Gold Bullion ETF (US$ Series) (VALT-U.TO) and CI Galaxy Solana ETF (SOLX.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.

	VALT-U.TO	SOLX.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.53	—	—
Sortino ratio: Return per unit of downside risk	1.01	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	0.57	—	—
Martin ratio: Return relative to average drawdown	1.28	—	—

Drawdowns

VALT-U.TO vs. SOLX.TO - Drawdown Comparison

The maximum VALT-U.TO drawdown since its inception was -38.81%, smaller than the maximum SOLX.TO drawdown of -75.46%. Use the drawdown chart below to compare losses from any high point for VALT-U.TO and SOLX.TO.

Drawdown Indicators

	VALT-U.TO	SOLX.TO	Difference
Max Drawdown Largest peak-to-trough decline	-38.81%	-75.46%	+36.65%
Max Drawdown (1Y) Largest decline over 1 year	-38.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-38.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.81%	—	—
Current Drawdown Current decline from peak	-36.45%	-70.17%	+33.72%
Average Drawdown Average peak-to-trough decline	-6.47%	-51.52%	+45.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.11%	—	—

Volatility

Volatility by Period

	VALT-U.TO	SOLX.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	38.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.64%	75.33%	-33.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.19%	75.33%	-52.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.38%	75.33%	-52.95%

Dividends

VALT-U.TO vs. SOLX.TO - Dividend Comparison

Neither VALT-U.TO nor SOLX.TO has paid dividends to shareholders.

Position	TTM	2025
SOLX.TO CI Galaxy Solana ETF	0.78%	0.49%
VALT-U.TO CI Gold Bullion ETF (US$ Series)	0.00%	0.00%

Frequently Asked Questions

Can I hold both VALT-U.TO and SOLX.TO in my portfolio?

VALT-U.TO and SOLX.TO have a correlation of 0.09, 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 VALT-U.TO and SOLX.TO?

VALT-U.TO is categorized as Gold, while SOLX.TO is Cryptocurrency.