AETH vs. ETH-USD
Compare and contrast key facts about Bitwise Ethereum Strategy ETF (AETH) and Ethereum (ETH-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 ETH-USD.
Correlation
The correlation between AETH and ETH-USD is 0.72, 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. ETH-USD - Performance Comparison
Key characteristics
AETH:
0.31
ETH-USD:
0.35
AETH:
0.92
ETH-USD:
1.01
AETH:
1.11
ETH-USD:
1.10
AETH:
0.43
ETH-USD:
0.12
AETH:
0.78
ETH-USD:
0.95
AETH:
26.47%
ETH-USD:
23.83%
AETH:
67.40%
ETH-USD:
53.94%
AETH:
-47.78%
ETH-USD:
-93.96%
AETH:
-32.55%
ETH-USD:
-25.08%
Returns By Period
In the year-to-date period, AETH achieves a -0.05% return, which is significantly lower than ETH-USD's 8.18% return.
AETH
-0.05%
-25.00%
-5.02%
17.73%
N/A
N/A
ETH-USD
8.18%
-6.15%
20.91%
58.88%
92.53%
N/A
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Risk-Adjusted Performance
AETH vs. ETH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Ethereum Strategy ETF (AETH) 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.
Drawdowns
AETH vs. ETH-USD - Drawdown Comparison
The maximum AETH drawdown since its inception was -47.78%, smaller than the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for AETH and ETH-USD. For additional features, visit the drawdowns tool.
Volatility
AETH vs. ETH-USD - Volatility Comparison
Bitwise Ethereum Strategy ETF (AETH) has a higher volatility of 20.94% compared to Ethereum (ETH-USD) at 18.01%. This indicates that AETH'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.