AETH vs. IBIT
Compare and contrast key facts about Bitwise Ethereum Strategy ETF (AETH) and iShares Bitcoin Trust (IBIT).
AETH and IBIT 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. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AETH or IBIT.
Correlation
The correlation between AETH and IBIT is 0.79, 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. IBIT - Performance Comparison
Key characteristics
AETH:
67.80%
IBIT:
57.29%
AETH:
-47.78%
IBIT:
-27.51%
AETH:
-32.52%
IBIT:
-8.83%
Returns By Period
AETH
0.00%
-19.00%
-14.22%
20.78%
N/A
N/A
IBIT
4.37%
1.67%
60.77%
N/A
N/A
N/A
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AETH vs. IBIT - Expense Ratio Comparison
AETH has a 0.90% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Risk-Adjusted Performance
AETH vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Ethereum Strategy ETF (AETH) and iShares Bitcoin Trust (IBIT). 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. IBIT - Dividend Comparison
Neither AETH nor IBIT has paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AETH Bitwise Ethereum Strategy ETF | 0.00% | 0.00% | 6.64% |
IBIT iShares Bitcoin Trust | 0.00% | 0.00% | 0.00% |
Drawdowns
AETH vs. IBIT - Drawdown Comparison
The maximum AETH drawdown since its inception was -47.78%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for AETH and IBIT. For additional features, visit the drawdowns tool.
Volatility
AETH vs. IBIT - Volatility Comparison
Bitwise Ethereum Strategy ETF (AETH) has a higher volatility of 22.65% compared to iShares Bitcoin Trust (IBIT) at 15.66%. This indicates that AETH's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.