BMNR vs. ETC-USD
BMNR (BitMine Immersion Technologies, Inc.) is a stock, while ETC-USD (Ethereum Classic) is a cryptocurrency. Over the past year, BMNR returned -63.11% vs -61.95% for ETC-USD. At a 0.42 correlation, their price movements are largely independent.
Performance
BMNR vs. ETC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BMNR achieves a -44.83% return, which is significantly lower than ETC-USD's -39.65% return.
BMNR
- 1D
- 1.97%
- 1M
- -7.01%
- 6M
- -50.17%
- YTD
- -44.83%
- 1Y
- -63.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETC-USD
- 1D
- -0.86%
- 1M
- -3.22%
- 6M
- -44.09%
- YTD
- -39.65%
- 1Y
- -61.95%
- 3Y*
- -30.04%
- 5Y*
- -31.41%
- 10Y*
- —
BMNR vs. ETC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BMNR BitMine Immersion Technologies, Inc. | -44.83% | 274.59% |
ETC-USD Ethereum Classic | -39.65% | -33.66% |
Correlation
The correlation between BMNR and ETC-USD is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | 0.42 |
The correlation between BMNR and ETC-USD has been stable across timeframes, ranging from 0.42 to 0.50 - a consistent structural relationship.
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. ETC-USD — Risk / Return Rank
BMNR
ETC-USD
BMNR vs. ETC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BitMine Immersion Technologies, Inc. (BMNR) and Ethereum Classic (ETC-USD). 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 | ETC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.86 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.86 | 0.00 |
| Martin ratioReturn relative to average drawdown | -1.28 | -1.20 | -0.08 |
Loading charts...
Drawdowns
BMNR vs. ETC-USD - Drawdown Comparison
The maximum BMNR drawdown since its inception was -90.14%, smaller than the maximum ETC-USD drawdown of -95.18%. Use the drawdown chart below to compare losses from any high point for BMNR and ETC-USD.
Loading charts...
Drawdown Indicators
| BMNR | ETC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.14% | -95.18% | +5.04% |
Max Drawdown (1Y)Largest decline over 1 year | -78.94% | -72.46% | -6.48% |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.94% | — |
Current DrawdownCurrent decline from peak | -88.90% | -95.10% | +6.20% |
Average DrawdownAverage peak-to-trough decline | -72.02% | -73.85% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 52.94% | 46.39% | +6.55% |
Volatility
BMNR vs. ETC-USD - Volatility Comparison
BitMine Immersion Technologies, Inc. (BMNR) has a higher volatility of 20.25% compared to Ethereum Classic (ETC-USD) at 10.62%. This indicates that BMNR's price experiences larger fluctuations and is considered to be riskier than ETC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BMNR | ETC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.25% | 10.62% | +9.63% |
Volatility (6M)Calculated over the trailing 6-month period | 57.80% | 42.38% | +15.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.46% | 59.69% | +44.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 687.32% | 71.39% | +615.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 687.32% | 129.44% | +557.88% |
Frequently Asked Questions
BMNR and ETC-USD have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BMNR has higher volatility (20.25%) compared to ETC-USD (10.62%). In terms of maximum drawdown, BMNR dropped -90.14% vs ETC-USD's -95.18%.
BMNR currently has the higher Sharpe Ratio (-0.68 vs -0.86), 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 ETC-USD
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