TSX · CAD · ETF

Ninepoint Silver Bullion Fund Series ETF (SBUL.TO) ETF Analysis

SBUL.TO

Expense ratio 1.21% Yield 0% Assets CA$218.32M Since July 15, 2025 Family Ninepoint Partners LP

Last Updated: October 20, 2026

CA$30.73

CA$0.00 (0.00%)

October 20, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare SBUL.TO with… →

SBUL.TO Annualized Returns

With dividends reinvested · as of October 20, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+9.75%	+9.75%	CA$109.75	CA$329.25

Returns are total returns computed from daily closes, with dividends reinvested. As of October 20, 2026.

SBUL.TO Return by Calendar Year

2025 and 2026 are partial years

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−16.99%
2025 (partial year)	+66.01%

SBUL.TO Monthly Returns

−20%+22%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	+14.4	+14.4	−18.1	−4.5	+4.0	−19.5	−3.3	+13.4	−6.9	−5.1	—	—
2025	—	—	—	—	—	—	—	—	—	+15.8	+17.9	+21.2

Monthly total returns with dividends reinvested; each cell prints its signed value.

SBUL.TO Volatility & Risk

Volatility: 1 yr

Annualized volatility: 63.11%

Volatility is the annualized standard deviation of daily returns. As of October 20, 2026.

Analysis

Data-derived

Fund Overview

Ninepoint Silver Bullion Fund Series ETF (SBUL.TO) is an exchange-traded fund. The fund is issued by Ninepoint Partners LP. The inception date on file is July 15, 2025. The fund holds CA$218.32M in total net assets. The expense ratio is 1.21%. On a CA$10,000 position that is CA$121.00 a year.

Performance Analysis

SBUL.TO last closed at CA$30.73 on October 20, 2026. Over the trailing twelve months the total return is +9.75%.

2026 is still running; the total return is −16.99% year to date.

Price & Risk Profile

Daily returns over the trailing 1 year annualize to a volatility of 63.11%. Over the past 52 weeks the price has ranged from CA$29.55 to CA$62.39. The latest close sits 3.99% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

More Ninepoint Partners LP ETFs

GBUL.TO

Ninepoint Gold Bullion Fund Series ETF

CA$437.87M

GLDE.TO

Ninepoint Gold and Precious Minerals Fund Series ETF

CA$329.31M

ECHI.TO

Ninepoint Enhanced CA Highshares ETF

CA$215.74M

CCHI.TO

Ninepoint Cameco Highshares ETF

CA$44.63M

SHHI.TO

Ninepoint Shopify Highshares ETF

CA$42.61M

CRHI.TO

Ninepoint Cnr Highshares ETF

CA$35.51M