AETH vs. FETH
Compare and contrast key facts about Bitwise Ethereum Strategy ETF (AETH) and Fidelity Ethereum Fund (FETH).
AETH and FETH 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. FETH is a passively managed fund by Fidelity that tracks the performance of the Fidelity Ethereum Reference Rate Index. It was launched on Jul 22, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AETH or FETH.
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.
Performance
AETH vs. FETH - Performance Comparison
Key characteristics
AETH:
56.87%
FETH:
75.64%
AETH:
-47.78%
FETH:
-64.00%
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
-25.61%
-1.57%
-0.07%
-23.53%
N/A
N/A
FETH
-46.00%
-3.53%
-27.05%
N/A
N/A
N/A
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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.
Risk-Adjusted Performance
AETH vs. FETH — Risk-Adjusted Performance Rank
AETH
FETH
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.
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.
TTM | 2024 | 2023 | |
---|---|---|---|
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.
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.