^VVIX vs. ETH-USD
^VVIX (Cboe VVIX Index) is an index, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, ^VVIX returned 1.10%/yr vs 67.00%/yr for ETH-USD. At a correlation of -0.13, they often move in opposite directions.
Performance
^VVIX vs. ETH-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ^VVIX achieves a 5.01% return, which is significantly higher than ETH-USD's -37.17% return. Over the past 10 years, ^VVIX has underperformed ETH-USD with an annualized return of 1.10%, while ETH-USD has yielded a comparatively higher 67.00% annualized return.
^VVIX
- 1D
- 5.94%
- 1M
- 10.97%
- 6M
- -3.56%
- YTD
- 5.01%
- 1Y
- 1.83%
- 3Y*
- 0.46%
- 5Y*
- -5.47%
- 10Y*
- 1.10%
ETH-USD
- 1D
- -2.76%
- 1M
- 4.06%
- 6M
- -43.82%
- YTD
- -37.17%
- 1Y
- -44.74%
- 3Y*
- -0.83%
- 5Y*
- -0.38%
- 10Y*
- 67.00%
^VVIX vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^VVIX Cboe VVIX Index | 5.01% | -11.18% | 19.97% | 12.86% | -29.74% | -1.96% | 18.87% | 8.02% | -13.55% | 10.00% |
ETH-USD Ethereum | -37.17% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between ^VVIX and ETH-USD is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2015 | -0.13 |
The correlation between ^VVIX and ETH-USD shifts across timeframes, from -0.29 (1 year) to -0.13 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^VVIX vs. ETH-USD — Risk / Return Rank
^VVIX
ETH-USD
^VVIX vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cboe VVIX Index (^VVIX) and Ethereum (ETH-USD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^VVIX | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.92 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | -0.66 | +0.71 |
| Martin ratioReturn relative to average drawdown | 0.08 | -1.02 | +1.10 |
Loading charts...
Drawdowns
^VVIX vs. ETH-USD - Drawdown Comparison
The maximum ^VVIX drawdown since its inception was -64.71%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for ^VVIX and ETH-USD.
Loading charts...
Drawdown Indicators
| ^VVIX | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.71% | -94.01% | +29.30% |
Max Drawdown (1Y)Largest decline over 1 year | -38.94% | -67.60% | +28.66% |
Max Drawdown (3Y)Largest decline over 3 years | -52.75% | -67.60% | +14.85% |
Max Drawdown (5Y)Largest decline over 5 years | -53.07% | -79.35% | +26.28% |
Max Drawdown (10Y)Largest decline over 10 years | -64.71% | -94.01% | +29.30% |
Current DrawdownCurrent decline from peak | -53.12% | -61.42% | +8.30% |
Average DrawdownAverage peak-to-trough decline | -43.99% | -51.00% | +7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.28% | 36.81% | -12.53% |
Volatility
^VVIX vs. ETH-USD - Volatility Comparison
Cboe VVIX Index (^VVIX) has a higher volatility of 19.92% compared to Ethereum (ETH-USD) at 13.74%. This indicates that ^VVIX's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^VVIX | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.92% | 13.74% | +6.18% |
Volatility (6M)Calculated over the trailing 6-month period | 64.73% | 46.65% | +18.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.86% | 55.38% | +31.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.18% | 58.72% | +29.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.05% | 76.80% | +9.25% |
Frequently Asked Questions
^VVIX and ETH-USD have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^VVIX has higher volatility (19.92%) compared to ETH-USD (13.74%). In terms of maximum drawdown, ^VVIX dropped -64.71% vs ETH-USD's -94.01%.
^VVIX currently has the higher Sharpe Ratio (0.02 vs -0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^VVIX and ETH-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer