Join Fund Library now and get free access to personalized features to help you manage your investments.

Evolve Ether ETF (ETHR : TSX)

Alternative Other

Close
(10-11-2024)
$11.51
Change
$0.46 (4.16%)
Open $11.33
Day Range $11.33 - $11.51
Volume 6,912

As at September 30, 2024

As at September 30, 2024

Period
Loading...
Loading...

Legend

Evolve Ether ETF

Compare Options


Fund Returns

Inception Return (April 19, 2021): 5.42%

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 4.56% -25.10% -28.00% 11.97% 53.33% 35.39% -4.00% - - - - - - -
Benchmark 3.15% 10.54% 9.96% 17.24% 26.74% 17.83% 9.52% 13.87% 10.95% 10.29% 9.65% 9.59% 10.09% 8.09%
Category Average 3.25% -11.34% -11.34% 21.04% 53.06% 34.78% 2.45% 5.71% 6.04% 5.12% 4.94% 5.00% 4.99% 4.29%
Category Rank 40 / 89 87 / 87 82 / 87 49 / 87 42 / 85 43 / 76 24 / 29 - - - - - - -
Quartile Ranking 2 4 4 3 2 3 4 - - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 10.01% 10.63% 12.52% -0.57% 52.16% 2.80% -15.07% 24.56% -9.14% -2.22% -26.74% 4.56%
Benchmark -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15%

Best Monthly Return Since Inception

68.92% (July 2022)

Worst Monthly Return Since Inception

-46.80% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -66.86% 88.40%
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 - - - - - - - - 4 2
Category Rank - - - - - - - - 55/ 62 37/ 76

Best Calendar Return (Last 10 years)

88.40% (2023)

Worst Calendar Return (Last 10 years)

-66.86% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 99.74
Cash and Equivalents 0.26

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.26
Other 99.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.26
Other 99.74

Top Holdings

Top Holdings
Name Percent
Ethereum CF Ethereum Reference Rate 99.74
Cash and Cash Equivalents 0.26

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Evolve Ether ETF

Median

Other - Alternative Other

3 Yr Annualized

Standard Deviation 79.61% - -
Beta 2.81% - -
Alpha -0.03% - -
Rsquared 0.23% - -
Sharpe 0.28% - -
Sortino 0.48% - -
Treynor 0.08% - -
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 69.42% 79.61% - -
Beta 1.35% 2.81% - -
Alpha 0.30% -0.03% - -
Rsquared 0.05% 0.23% - -
Sharpe 0.85% 0.28% - -
Sortino 1.86% 0.48% - -
Treynor 0.44% 0.08% - -
Tax Efficiency 100.00% - - -

Fund Details

Start Date April 19, 2021
Instrument Type Exchange Traded Fund (Alternative)
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $18.94
52 Week Low $7.22
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 holders of Units with exposure to the daily price movements of the U.S. dollar price of Ether while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure.

Investment Strategy

To achieve its investment objectives, the Evolve Fund will invest in long-term holdings of Ether, purchased through Gemini NuSTAR LLC and/or other reputable Ether trading platforms (referred to as digital asset trading platforms or “Ether trading platforms”) and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in Ether. The Evolve Fund will not speculate with regard to short-term changes in Ether prices.

Portfolio Manager(s)

Name Start Date
Evolve Funds Group Inc. 04-19-2021

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 1.75%
Management Fee 0.75%

Join Fund Library now and get free access to personalized features to help you manage your investments.