BLOX vs. ETH
BLOX (Nicholas Crypto Income ETF) and ETH (Grayscale Ethereum Staking Mini ETF) are both Cryptocurrency funds. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. BLOX charges 1.03%/yr vs 0.15%/yr for ETH.
Performance
BLOX vs. ETH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BLOX achieves a 16.52% return, which is significantly higher than ETH's -38.95% return.
BLOX
- 1D
- -2.56%
- 1M
- 10.59%
- YTD
- 16.52%
- 6M
- 5.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETH
- 1D
- -5.52%
- 1M
- -23.42%
- YTD
- -38.95%
- 6M
- -42.17%
- 1Y
- -30.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BLOX vs. ETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BLOX Nicholas Crypto Income ETF | 16.52% | 9.24% |
ETH Grayscale Ethereum Staking Mini ETF | -38.95% | 17.75% |
Correlation
The correlation between BLOX and ETH is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025 | 0.78 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BLOX vs. ETH — Risk / Return Rank
BLOX
ETH
BLOX vs. ETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nicholas Crypto Income ETF (BLOX) and Grayscale Ethereum Staking Mini ETF (ETH). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| BLOX | ETH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | -0.41 | +0.95 |
Drawdowns
BLOX vs. ETH - Drawdown Comparison
The maximum BLOX drawdown since its inception was -47.09%, smaller than the maximum ETH drawdown of -64.01%. Use the drawdown chart below to compare losses from any high point for BLOX and ETH.
Loading charts...
Drawdown Indicators
| BLOX | ETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.09% | -64.01% | +16.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -62.40% | — |
Current DrawdownCurrent decline from peak | -19.45% | -62.40% | +42.95% |
Average DrawdownAverage peak-to-trough decline | -18.53% | -32.58% | +14.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 37.50% | — |
Volatility
BLOX vs. ETH - Volatility Comparison
Loading charts...
Volatility by Period
| BLOX | ETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.90% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 46.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 53.44% | 68.34% | -14.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.44% | 72.26% | -18.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.44% | 72.26% | -18.82% |
BLOX vs. ETH - Expense Ratio Comparison
BLOX has a 1.03% expense ratio, which is higher than ETH's 0.15% expense ratio.
Dividends
BLOX vs. ETH - Dividend Comparison
BLOX's dividend yield for the trailing twelve months is around 36.81%, while ETH has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BLOX Nicholas Crypto Income ETF | 36.81% | 22.69% |
ETH Grayscale Ethereum Staking Mini ETF | 0.00% | 0.00% |
Frequently Asked Questions
BLOX and ETH have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETH is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETH is cheaper with a 0.15% expense ratio, compared with 1.03% for BLOX.
BLOX has the higher dividend yield at 36.81%, compared with 0.00% for ETH.
They also come from different issuers: Nicholas and Grayscale. Their fees differ too: 1.03% for BLOX and 0.15% for ETH.
Find the right allocation for BLOX and ETH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer