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Evolve Bitcoin ETF - CAD Units (EBIT : TSX)

Alternative Other

Close
(05-20-2024)
$32.91
Change
$0.00 (0.00%)
Open $32.60
Day Range $32.41 - $33.15
Volume 83,481

As at April 30, 2024

As at April 30, 2024

Period
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Legend

Evolve Bitcoin ETF - CAD Units

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Fund Returns

Inception Return (February 17, 2021): 5.55%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -13.31% 44.92% 74.63% 47.97% 107.89% 26.97% 4.46% - - - - - - -
Benchmark -1.82% 4.10% 16.91% 4.68% 8.73% 5.66% 7.59% 13.51% 8.86% 8.98% 8.12% 8.95% 7.25% 7.22%
Category Average -9.99% 38.72% 38.72% 22.89% 43.24% 12.01% 3.61% 7.17% 6.93% 5.29% 5.05% 5.61% 4.59% 4.57%
Category Rank 33 / 90 1 / 90 1 / 90 1 / 90 1 / 79 9 / 73 9 / 30 - - - - - - -
Quartile Ranking 2 1 1 1 1 1 2 - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -7.42% 8.46% -3.37% -5.07% -1.13% 30.72% 7.09% 10.21% 2.11% 48.16% 12.83% -13.31%
Benchmark -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82%

Best Monthly Return Since Inception

48.16% (February 2024)

Worst Monthly Return Since Inception

-38.70% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -63.98% 146.92%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - 3 1
Category Rank - - - - - - - - 41/ 65 6/ 79

Best Calendar Return (Last 10 years)

146.92% (2023)

Worst Calendar Return (Last 10 years)

-63.98% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 99.79
Cash and Equivalents 0.21

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.21
Other 99.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.21
Other 99.79

Top Holdings

Top Holdings
Name Percent
Bitcoin CME CF Bitcoin Reference Rate 99.79
Cash and Cash Equivalents 0.21

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Evolve Bitcoin ETF - CAD Units

Median

Other - Alternative Other

3 Yr Annualized

Standard Deviation 68.28% - -
Beta 2.02% - -
Alpha 0.10% - -
Rsquared 0.16% - -
Sharpe 0.35% - -
Sortino 0.57% - -
Treynor 0.12% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 59.68% 68.28% - -
Beta 1.04% 2.02% - -
Alpha 0.80% 0.10% - -
Rsquared 0.05% 0.16% - -
Sharpe 1.42% 0.35% - -
Sortino 5.10% 0.57% - -
Treynor 0.82% 0.12% - -
Tax Efficiency 100.00% - - -

Fund Details

Start Date February 17, 2021
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status -
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $35.87
52 Week Low $12.09
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The Evolve Fund’s investment objective is to provide Unitholders with exposure to the daily price movements of the U.S. dollar price of bitcoin while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure.

Investment Strategy

The Evolve Fund is considered an alternative mutual fund within the meaning of NI 81-102 and is permitted to invest in asset classes or use investment strategies that are not permitted for other types of mutual funds. As an alternative mutual fund, under NI 81-102, the Evolve Fund is permitted to use strategies generally prohibited by conventional mutual funds, including the ability to borrow cash to use for investment purposes and increased ability to invest in commodities.

Portfolio Manager(s)

Name Start Date
Evolve Funds Group Inc. 02-18-2021

Management and Organization

Fund Manager Evolve Funds Group Inc.
Advisor Evolve Funds Group Inc.
Custodian Cidel Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 1.69%
Management Fee 0.75%

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