AETH vs. VTIP
AETH (Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF) and VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) are both exchange-traded funds - AETH is a Cryptocurrency fund actively managed by Bitwise, while VTIP is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. AETH is actively managed, while VTIP is passively managed. Over the past year, AETH returned -34.66% vs 3.03% for VTIP. Their 0.05 correlation means their historical movements had little consistent relationship. AETH charges 0.89%/yr vs 0.03%/yr for VTIP.
Performance
AETH vs. VTIP - Performance Comparison
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Returns By Period
In the year-to-date period, AETH achieves a -15.81% return, which is significantly lower than VTIP's 1.77% return.
AETH
- 1D
- 0.17%
- 1M
- 4.00%
- 6M
- -13.15%
- YTD
- -15.81%
- 1Y
- -34.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 14.72%
VTIP
- 1D
- -0.06%
- 1M
- 0.10%
- 6M
- 1.40%
- YTD
- 1.77%
- 1Y
- 3.03%
- 3Y*
- 5.00%
- 5Y*
- 3.09%
- 10Y*
- 3.08%
- ALL TIME*
- 2.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.84K | $19.14K | $18.72K | |
| $116.14M | $112.47M | $126.65M |
AETH vs. VTIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AETH Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF | -15.81% | -0.11% | 31.76% | 33.21% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.77% | 6.07% | 4.74% | 2.53% |
Correlation
The correlation between AETH and VTIP is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023 | 0.05 |
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Return for Risk
AETH vs. VTIP — Risk / Return Rank
AETH
VTIP
AETH vs. VTIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (AETH) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AETH | VTIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.29 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.39 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 4.26 | -4.94 |
| Martin ratioReturn relative to average drawdown | -0.96 | 13.14 | -14.10 |
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Drawdowns
AETH vs. VTIP - Drawdown Comparison
The maximum AETH drawdown since its inception was -51.08%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for AETH and VTIP.
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Drawdown Indicators
| AETH | VTIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.08% | -6.27% | -44.81% |
Max Drawdown (1Y)Largest decline over 1 year | -51.08% | -0.71% | -50.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.98% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.27% | — |
Current DrawdownCurrent decline from peak | -47.60% | -0.29% | -47.31% |
Average DrawdownAverage peak-to-trough decline | -25.96% | -1.03% | -24.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.10% | 0.23% | +35.87% |
Volatility
AETH vs. VTIP - Volatility Comparison
Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (AETH) has a higher volatility of 11.22% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.40%. This indicates that AETH's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AETH | VTIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.22% | 0.40% | +10.82% |
Volatility (6M)Calculated over the trailing 6-month period | 24.81% | 1.22% | +23.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.17% | 1.52% | +39.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.64% | 2.76% | +50.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.64% | 2.74% | +50.90% |
AETH vs. VTIP - Expense Ratio Comparison
AETH has a 0.89% expense ratio, which is higher than VTIP's 0.03% expense ratio.
Dividends
AETH vs. VTIP - Dividend Comparison
AETH's dividend yield for the trailing twelve months is around 2.86%, less than VTIP's 4.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AETH Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF | 2.86% | 2.41% | 14.73% | 6.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 4.16% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% |
Frequently Asked Questions
AETH and VTIP have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AETH has higher volatility (11.22%) compared to VTIP (0.40%). In terms of maximum drawdown, AETH dropped -51.08% vs VTIP's -6.27%.
On 1-year performance, VTIP leads with 3.03% vs -34.66% for AETH. On fees, VTIP is cheaper at 0.03% per year. On volatility, VTIP has been the lower-risk option at 0.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VTIP has performed better with a 3.03% return vs -34.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTIP is cheaper with a 0.03% expense ratio, compared with 0.89% for AETH.
VTIP has the higher dividend yield at 4.16%, compared with 2.86% for AETH.
AETH is categorized as Cryptocurrency, while VTIP is Inflation-Protected Bonds. They also come from different issuers: Bitwise and Vanguard. Their fees differ too: 0.89% for AETH and 0.03% for VTIP.
VTIP currently has the higher Sharpe Ratio (2.00 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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