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Grayscale Ethereum Classic Trust (ETC) (ETCG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US38963Q1076
Issuer
Grayscale
Inception Date
Apr 24, 2017
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
Ethereum Classic (ETC)
Domicile
United States
Distribution Policy
Accumulating
Asset Class
Cryptocurrency

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Grayscale Ethereum Classic Trust (ETC), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Grayscale Ethereum Classic Trust (ETC) (ETCG) has returned -32.01% so far this year and -40.41% over the past 12 months.


Grayscale Ethereum Classic Trust (ETC)

1D
0.23%
1M
-3.29%
YTD
-32.01%
6M
-53.68%
1Y
-40.41%
3Y*
-13.86%
5Y*
-19.05%
10Y*

Benchmark (S&P 500 Index)

1D
0.11%
1M
-3.43%
YTD
-3.84%
6M
-1.98%
1Y
16.08%
3Y*
16.86%
5Y*
10.37%
10Y*
12.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 10, 2018, ETCG's average daily return is +0.17%, while the average monthly return is +4.71%. At this rate, your investment would double in approximately 1.3 years.

Historically, 43% of months were positive and 57% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-19.52%-11.49%-4.76%0.23%-32.01%
20259.19%-27.55%-10.26%-1.25%15.79%-5.63%28.12%1.23%-11.68%-10.94%-10.17%-14.21%-39.78%
20245.91%22.88%8.97%-28.89%26.14%-17.95%-16.33%-11.35%-13.23%6.50%73.12%-26.98%-9.57%
202379.74%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%
202134.06%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 24.22%, beta of 1.60, and R² of 0.07 versus S&P 500 Index. Calculated based on daily prices since May 11, 2018.

  • This ETF participated in 166.16% of S&P 500 Index downside but only 48.11% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.07 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
24.22%
Beta
1.60
0.07
Upside Capture
48.11%
Downside Capture
166.16%

Expense Ratio

ETCG has a high expense ratio of 2.50%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

ETCG ranks 3 for risk / return — in the bottom 3% 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.


ETCG Risk / Return Rank: 33
Overall Rank
ETCG Sharpe Ratio Rank: 33
Sharpe Ratio Rank
ETCG Sortino Ratio Rank: 33
Sortino Ratio Rank
ETCG Omega Ratio Rank: 44
Omega Ratio Rank
ETCG Calmar Ratio Rank: 22
Calmar Ratio Rank
ETCG Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Grayscale Ethereum Classic Trust (ETC) (ETCG) and compare them to a chosen benchmark (S&P 500 Index).


ETCGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.61

0.88

-1.49

Sortino ratio

Return per unit of downside risk

-0.71

1.37

-2.08

Omega ratio

Gain probability vs. loss probability

0.92

1.21

-0.29

Calmar ratio

Return relative to maximum drawdown

-0.65

1.39

-2.04

Martin ratio

Return relative to average drawdown

-1.22

6.43

-7.65

Explore ETCG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


Grayscale Ethereum Classic Trust (ETC) doesn't pay dividends

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 95.08%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.59%May 7, 2021417Dec 30, 2022
-92.08%May 24, 2018607Oct 20, 2020135May 5, 2021742
-13.87%May 16, 20181May 16, 20185May 23, 20186

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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