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AETH vs. FETH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AETH and FETH is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

AETH vs. FETH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Ethereum Strategy ETF (AETH) and Fidelity Ethereum Fund (FETH). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2025FebruaryMarchApril
-29.67%
-47.95%
AETH
FETH

Key characteristics

Daily Std Dev

AETH:

56.87%

FETH:

75.64%

Max Drawdown

AETH:

-47.78%

FETH:

-64.00%

Current Drawdown

AETH:

-42.40%

FETH:

-55.61%

Returns By Period

In the year-to-date period, AETH achieves a -25.61% return, which is significantly higher than FETH's -46.00% return.


AETH

YTD

-25.61%

1M

-1.57%

6M

-0.07%

1Y

-23.53%

5Y*

N/A

10Y*

N/A

FETH

YTD

-46.00%

1M

-3.53%

6M

-27.05%

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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AETH vs. FETH - Expense Ratio Comparison

AETH has a 0.90% expense ratio, which is higher than FETH's 0.00% expense ratio.


Expense ratio chart for AETH: current value is 0.90%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AETH: 0.90%
Expense ratio chart for FETH: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FETH: 0.00%

Risk-Adjusted Performance

AETH vs. FETH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AETH
The Risk-Adjusted Performance Rank of AETH is 66
Overall Rank
The Sharpe Ratio Rank of AETH is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of AETH is 88
Sortino Ratio Rank
The Omega Ratio Rank of AETH is 77
Omega Ratio Rank
The Calmar Ratio Rank of AETH is 22
Calmar Ratio Rank
The Martin Ratio Rank of AETH is 66
Martin Ratio Rank

FETH
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AETH vs. FETH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Ethereum Strategy ETF (AETH) and Fidelity Ethereum Fund (FETH). 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.


The chart of Sharpe ratio for AETH, currently valued at -0.45, compared to the broader market-1.000.001.002.003.004.00
AETH: -0.45
The chart of Sortino ratio for AETH, currently valued at -0.34, compared to the broader market-2.000.002.004.006.008.00
AETH: -0.34
The chart of Omega ratio for AETH, currently valued at 0.95, compared to the broader market0.501.001.502.002.50
AETH: 0.95
The chart of Calmar ratio for AETH, currently valued at -0.54, compared to the broader market0.002.004.006.008.0010.0012.00
AETH: -0.54
The chart of Martin ratio for AETH, currently valued at -0.96, compared to the broader market0.0020.0040.0060.00
AETH: -0.96


Chart placeholderNot enough data

Dividends

AETH vs. FETH - Dividend Comparison

AETH's dividend yield for the trailing twelve months is around 19.80%, while FETH has not paid dividends to shareholders.


TTM20242023
AETH
Bitwise Ethereum Strategy ETF
19.80%14.73%6.64%
FETH
Fidelity Ethereum Fund
0.00%0.00%0.00%

Drawdowns

AETH vs. FETH - Drawdown Comparison

The maximum AETH drawdown since its inception was -47.78%, smaller than the maximum FETH drawdown of -64.00%. Use the drawdown chart below to compare losses from any high point for AETH and FETH. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-38.10%
-55.61%
AETH
FETH

Volatility

AETH vs. FETH - Volatility Comparison

The current volatility for Bitwise Ethereum Strategy ETF (AETH) is 7.68%, while Fidelity Ethereum Fund (FETH) has a volatility of 27.48%. This indicates that AETH experiences smaller price fluctuations and is considered to be less risky than FETH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
7.68%
27.48%
AETH
FETH