- ISIN
- US38963Q1076
- Issuer
- Grayscale
- Inception Date
- Apr 24, 2017
- Region
- Global (Broad)
- Category
- Cryptocurrency, Blockchain
- Leveraged
- 1x (No leverage)
- Index Tracked
- Ethereum Classic (ETC)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Cryptocurrency
- Assets Under Management
- $141M
Share Price Chart
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Performance
ETCG Performance Chart
Grayscale Ethereum Classic Trust (ETC) (ETCG) is down 40.4% since the beginning of the year. ETCG is currently trading at $4 per share. Investors who bought $1,000 worth of ETCG shares 5 years ago would now be looking at an investment worth $101.
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Returns By Period
Grayscale Ethereum Classic Trust (ETC) (ETCG) has returned -40.43% so far this year and -54.75% over the past 12 months.
Grayscale Ethereum Classic Trust (ETC)
- 1D
- -4.83%
- 1M
- -16.54%
- YTD
- -40.43%
- 6M
- -46.70%
- 1Y
- -54.75%
- 3Y*
- -10.94%
- 5Y*
- -36.84%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETCG Monthly Returns History
Based on dividend-adjusted daily data since May 10, 2018, ETCG's average daily return is +0.16%, while the average monthly return is +4.48%. At this rate, an investment would double in approximately 1.3 years.
Historically, 42% of months were positive and 58% were negative. The best month was May 2019 with a return of +192.2%, while the worst month was Jun 2019 at -60.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 7 months.
On a daily basis, ETCG closed higher 46% of trading days. The best single day was May 11, 2018 with a return of +52.7%, while the worst single day was May 7, 2021 at -37.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -19.52% | -11.49% | -4.76% | 1.36% | -2.58% | -11.07% | -40.43% | ||||||
| 2025 | 9.19% | -27.55% | -10.26% | -1.25% | 15.79% | -5.63% | 28.12% | 1.23% | -11.68% | -10.94% | -10.17% | -14.21% | -39.78% |
| 2024 | 5.91% | 22.88% | 8.97% | -28.89% | 26.14% | -17.95% | -16.33% | -11.35% | -13.23% | 6.50% | 73.12% | -26.98% | -9.57% |
| 2023 | 79.74% | 20.91% | 3.76% | -9.42% | -7.68% | 30.85% | -8.87% | -0.44% | -3.80% | 23.22% | 21.18% | 21.04% | 289.22% |
| 2022 | -18.59% | -16.48% | 45.77% | -35.91% | -3.32% | -47.87% | 144.78% | -1.01% | -37.07% | -1.24% | -26.97% | -44.46% | -80.45% |
| 2021 | 34.06% | 75.23% | -20.93% | 150.08% | 34.79% | 1.25% | -10.42% | 2.59% | -26.40% | -10.56% | 0.04% | -36.12% | 145.11% |
Benchmark Metrics
Grayscale Ethereum Classic Trust (ETC) has an annualized alpha of -61.70%, beta of 1.74, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since May 11, 2018.
- This ETF participated in 317.15% of S&P 500 Index downside but only -72.57% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.12 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -61.70%
- Beta
- 1.74
- R²
- 0.12
- Upside Capture
- -72.57%
- Downside Capture
- 317.15%
Expense Ratio
ETCG has a high expense ratio of 2.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
ETCG ranks 2 for risk / return — in the bottom 2% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Grayscale Ethereum Classic Trust (ETC) (ETCG) and compare them to S&P 500 Index.
| ETCG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.84 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | — | — |
| Martin ratioReturn relative to average drawdown | -1.25 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Grayscale Ethereum Classic Trust (ETC). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Grayscale Ethereum Classic Trust (ETC) was 96.59%, occurring on Dec 30, 2022. The portfolio has not yet recovered.
The current Grayscale Ethereum Classic Trust (ETC) drawdown is 95.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -96.59%Dec 2022 | 1y 7mo | — | 5y 1moMay 2021 - now |
2020 bear market2020 | -92.08%Oct 2020 | 2y 5mo | 6mo 17d | 2y 11moMay 2018 - May 2021 |
2018 correction2018 | -13.87%May 2018 | 0s | 7d | 7dMay 2018 - May 2018 |
Drawdown Indicators
| ETCG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.59% | -9.10% | -87.49% |
Max Drawdown (1Y)Largest decline over 1 year | -68.71% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -79.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -92.70% | — | — |
Current DrawdownCurrent decline from peak | -95.69% | -2.97% | -92.72% |
Average DrawdownAverage peak-to-trough decline | -82.68% | -1.13% | -81.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.83% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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