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 0.31, 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. IBIT - Performance Comparison
Key characteristics
AETH:
-0.45
IBIT:
0.79
AETH:
-0.34
IBIT:
1.43
AETH:
0.95
IBIT:
1.17
AETH:
-0.54
IBIT:
1.53
AETH:
-0.96
IBIT:
3.37
AETH:
26.69%
IBIT:
12.82%
AETH:
56.87%
IBIT:
54.50%
AETH:
-47.78%
IBIT:
-28.22%
AETH:
-42.40%
IBIT:
-10.64%
Returns By Period
In the year-to-date period, AETH achieves a -25.61% return, which is significantly lower than IBIT's 2.30% return.
AETH
-25.61%
-1.57%
-0.07%
-23.53%
N/A
N/A
IBIT
2.30%
14.11%
42.78%
49.42%
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 Rank
AETH
IBIT
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.
Dividends
AETH vs. IBIT - Dividend Comparison
AETH's dividend yield for the trailing twelve months is around 19.80%, while IBIT has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
AETH Bitwise Ethereum Strategy ETF | 19.80% | 14.73% | 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 -28.22%. 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
The current volatility for Bitwise Ethereum Strategy ETF (AETH) is 7.68%, while iShares Bitcoin Trust (IBIT) has a volatility of 16.61%. This indicates that AETH experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.