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

Purpose Bitcoin ETF - ETF Units C$H (BTCC : TSX)

Alternative Other

Close
(12-05-2024)
$18.50
Change
$0.04 (0.22%)
Open $19.15
Day Range $18.26 - $19.34
Volume 2,404,863

As at October 31, 2024

As at October 31, 2024

Period
Loading...
Loading...

Legend

Purpose Bitcoin ETF - ETF Units C$H

Compare Options


Fund Returns

Inception Return (February 25, 2021): 6.71%

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 10.29% 6.80% 17.07% 63.01% 97.35% 80.59% 0.52% - - - - - - -
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 29 / 89 29 / 87 27 / 87 20 / 87 20 / 87 19 / 76 20 / 41 - - - - - - -
Quartile Ranking 2 2 2 1 1 1 2 - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 9.08% 10.99% 0.83% 45.68% 13.89% -16.77% 13.86% -11.42% 8.68% -10.21% 7.85% 10.29%
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

45.68% (February 2024)

Worst Monthly Return Since Inception

-40.85% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -65.27% 145.94%
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 - - - - - - - - 42/ 62 9/ 76

Best Calendar Return (Last 10 years)

145.94% (2023)

Worst Calendar Return (Last 10 years)

-65.27% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 100.02
Cash and Equivalents -0.02

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent -0.02
Other 100.02

Geographic Allocation

Geographic Allocation
Name Percent
North America -0.02
Other 100.02

Top Holdings

Top Holdings
Name Percent
Bitcoin 1 XBT 100.02
Cash and Cash Equivalents 0.11
United States Dollar 0.01
Canadian Dollar -0.14

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Bitcoin ETF - ETF Units C$H

Median

Other - Alternative Other

3 Yr Annualized

Standard Deviation 61.04% - -
Beta 2.27% - -
Alpha -0.01% - -
Rsquared 0.25% - -
Sharpe 0.25% - -
Sortino 0.41% - -
Treynor 0.07% - -
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 55.89% 61.04% - -
Beta 2.53% 2.27% - -
Alpha 0.10% -0.01% - -
Rsquared 0.19% 0.25% - -
Sharpe 1.40% 0.25% - -
Sortino 3.45% 0.41% - -
Treynor 0.31% 0.07% - -
Tax Efficiency 100.00% - - -

Fund Details

Start Date February 25, 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 $19.34
52 Week Low $7.31
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 Bitcoin 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 Bitcoin in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Bitcoin. The Fund will not speculate with regard to short-term changes in Bitcoin prices. The Fund will not use derivatives instruments, the underlying interest of which is Bitcoin, for non-hedging purposes.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 02-16-2021

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 1.43%
Management Fee 1.00%

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