AETH vs. BTC-USD
Compare and contrast key facts about Bitwise Ethereum Strategy ETF (AETH) and Bitcoin (BTC-USD).
AETH is an actively managed fund by Bitwise. It was launched on Sep 29, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AETH or BTC-USD.
Key characteristics
| AETH | BTC-USD | |
|---|---|---|
| YTD Return | -3.39% | 43.31% |
| Daily Std Dev | 62.19% | 43.12% |
| Max Drawdown | -47.78% | -93.07% |
| Current Drawdown | -43.23% | -17.12% |
Correlation
The correlation between AETH and BTC-USD is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AETH vs. BTC-USD - Performance Comparison
In the year-to-date period, AETH achieves a -3.39% return, which is significantly lower than BTC-USD's 43.31% return. 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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Risk-Adjusted Performance
AETH vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Ethereum Strategy ETF (AETH) and Bitcoin (BTC-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.
Drawdowns
AETH vs. BTC-USD - Drawdown Comparison
The maximum AETH drawdown since its inception was -47.78%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for AETH and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
AETH vs. BTC-USD - Volatility Comparison
Bitwise Ethereum Strategy ETF (AETH) and Bitcoin (BTC-USD) have volatilities of 14.14% and 14.16%, 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.