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Purpose Ether ETF (ETHH : TSX)

Alternative Other

Close
(12-05-2024)
$15.27
Change
-$0.23 (-1.48%)
Open $15.65
Day Range $15.10 - $15.78
Volume 240,616

As at October 31, 2024

As at October 31, 2024

Period
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Legend

Purpose Ether ETF

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Fund Returns

Inception Return (April 19, 2021): 0.03%

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 -3.25% -23.40% -15.07% 6.56% 34.92% 23.36% -20.00% - - - - - - -
Benchmark 0.85% 5.30% 12.95% 18.24% 32.06% 15.16% 8.05% 15.02% 11.33% 11.65% 9.36% 9.62% 9.96% 8.41%
Category Average 4.07% 2.48% 2.48% 25.94% 42.17% 32.89% -0.34% 6.48% 6.85% 6.37% 5.35% 5.54% 5.33% 4.70%
Category Rank 86 / 89 85 / 87 84 / 87 62 / 87 50 / 87 50 / 76 38 / 41 - - - - - - -
Quartile Ranking 4 4 4 3 3 3 4 - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 12.74% 12.31% -1.06% 48.40% 4.65% -18.34% 28.84% -10.98% -3.33% -23.34% 3.27% -3.25%
Benchmark 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85%

Best Monthly Return Since Inception

68.19% (July 2022)

Worst Monthly Return Since Inception

-48.05% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -68.73% 86.35%
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 3
Category Rank - - - - - - - - 61/ 62 43/ 76

Best Calendar Return (Last 10 years)

86.35% (2023)

Worst Calendar Return (Last 10 years)

-68.73% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 100.07
Cash and Equivalents -0.06
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent -0.07
Other 100.07

Geographic Allocation

Geographic Allocation
Name Percent
North America -0.07
Other 100.07

Top Holdings

Top Holdings
Name Percent
Ethereum 1 XBT 100.07
Cash and Cash Equivalents 0.10
United States Dollar 0.01
Canadian Dollar -0.17

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Ether ETF

Median

Other - Alternative Other

3 Yr Annualized

Standard Deviation 75.28% - -
Beta 2.84% - -
Alpha -0.20% - -
Rsquared 0.26% - -
Sharpe 0.01% - -
Sortino 0.03% - -
Treynor 0.00% - -
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 68.79% 75.28% - -
Beta 2.62% 2.84% - -
Alpha -0.25% -0.20% - -
Rsquared 0.13% 0.26% - -
Sharpe 0.66% 0.01% - -
Sortino 1.44% 0.03% - -
Treynor 0.17% 0.00% - -
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 $16.60
52 Week Low $8.72
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 ETF has been created to buy and hold substantially all of its assets in long-term holdings of Ether and seeks to provide uniholders with the opportunity for long-term capital appreciation

Investment Strategy

To achieve its investment objective, the ETF invests in and holds substantially all of its assets in long-term holdings of Ether and seek to provide holders of ETF units with opportunity for long-term capital appreication

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 03-25-2021

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian Cidel Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 1.44%
Management Fee 1.00%

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