AETH vs. BRRR
Compare and contrast key facts about Bitwise Ethereum Strategy ETF (AETH) and Valkyrie Bitcoin ETF (BRRR).
AETH and BRRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AETH is an actively managed fund by Bitwise. It was launched on Sep 29, 2023. BRRR is a passively managed fund by Valkyrie Digital Assets that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AETH or BRRR.
Key characteristics
| AETH | BRRR | |
|---|---|---|
| Daily Std Dev | 62.19% | 58.22% |
| Max Drawdown | -47.78% | -27.37% |
| Current Drawdown | -43.23% | -18.84% |
Correlation
The correlation between AETH and BRRR is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AETH vs. BRRR - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AETH vs. BRRR - Expense Ratio Comparison
AETH has a 0.90% expense ratio, which is higher than BRRR's 0.25% expense ratio.
Risk-Adjusted Performance
AETH vs. BRRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Ethereum Strategy ETF (AETH) and Valkyrie Bitcoin ETF (BRRR). 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.
Not enough dataDividends
AETH vs. BRRR - Dividend Comparison
AETH's dividend yield for the trailing twelve months is around 6.88%, while BRRR has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
AETH Bitwise Ethereum Strategy ETF | 6.88% | 6.64% |
BRRR Valkyrie Bitcoin ETF | 0.00% | 0.00% |
Drawdowns
AETH vs. BRRR - Drawdown Comparison
The maximum AETH drawdown since its inception was -47.78%, which is greater than BRRR's maximum drawdown of -27.37%. Use the drawdown chart below to compare losses from any high point for AETH and BRRR. For additional features, visit the drawdowns tool.
Volatility
AETH vs. BRRR - Volatility Comparison
Bitwise Ethereum Strategy ETF (AETH) and Valkyrie Bitcoin ETF (BRRR) have volatilities of 14.19% and 14.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.