BMNR vs. AETH
BMNR (BitMine Immersion Technologies, Inc.) is a stock, while AETH (Bitwise Ethereum Strategy ETF) is Cryptocurrency fund actively managed by Bitwise. Over the past year, BMNR returned -60.28% vs -23.44% for AETH. At a 0.37 correlation, their price movements are largely independent.
Performance
BMNR vs. AETH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BMNR achieves a -40.00% return, which is significantly lower than AETH's -15.21% return.
BMNR
- 1D
- 11.50%
- 1M
- 1.12%
- 6M
- -47.82%
- YTD
- -40.00%
- 1Y
- -60.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AETH
- 1D
- 5.99%
- 1M
- -6.11%
- 6M
- -17.26%
- YTD
- -15.21%
- 1Y
- -23.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BMNR vs. AETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BMNR BitMine Immersion Technologies, Inc. | -40.00% | 274.59% |
AETH Bitwise Ethereum Strategy ETF | -15.21% | -7.13% |
Correlation
The correlation between BMNR and AETH is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | 0.37 |
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
BMNR vs. AETH — Risk / Return Rank
BMNR
AETH
BMNR vs. AETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BitMine Immersion Technologies, Inc. (BMNR) and Bitwise Ethereum Strategy ETF (AETH). 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.
| BMNR | AETH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.91 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | -0.46 | -0.30 |
| Martin ratioReturn relative to average drawdown | -1.13 | -0.68 | -0.45 |
Loading charts...
Drawdowns
BMNR vs. AETH - Drawdown Comparison
The maximum BMNR drawdown since its inception was -90.14%, which is greater than AETH's maximum drawdown of -51.08%. Use the drawdown chart below to compare losses from any high point for BMNR and AETH.
Loading charts...
Drawdown Indicators
| BMNR | AETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.14% | -51.08% | -39.06% |
Max Drawdown (1Y)Largest decline over 1 year | -78.94% | -51.08% | -27.86% |
Current DrawdownCurrent decline from peak | -87.93% | -47.23% | -40.70% |
Average DrawdownAverage peak-to-trough decline | -72.14% | -25.55% | -46.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.30% | 34.38% | +18.92% |
Volatility
BMNR vs. AETH - Volatility Comparison
BitMine Immersion Technologies, Inc. (BMNR) has a higher volatility of 22.35% compared to Bitwise Ethereum Strategy ETF (AETH) at 9.91%. This indicates that BMNR's price experiences larger fluctuations and is considered to be riskier than AETH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BMNR | AETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.35% | 9.91% | +12.44% |
Volatility (6M)Calculated over the trailing 6-month period | 58.75% | 26.03% | +32.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.87% | 43.25% | +56.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 684.89% | 53.94% | +630.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 684.89% | 53.94% | +630.95% |
Dividends
BMNR vs. AETH - Dividend Comparison
BMNR's dividend yield for the trailing twelve months is around 0.06%, less than AETH's 2.84% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AETH Bitwise Ethereum Strategy ETF | 2.84% | 2.41% | 14.73% | 6.64% |
BMNR BitMine Immersion Technologies, Inc. | 0.06% | 0.04% | 0.00% | 0.00% |
Frequently Asked Questions
BMNR and AETH have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BMNR has higher volatility (22.35%) compared to AETH (9.91%). In terms of maximum drawdown, BMNR dropped -90.14% vs AETH's -51.08%.
AETH currently has the higher Sharpe Ratio (-0.54 vs -0.60), 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.
Find the right allocation for BMNR and AETH
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