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 -45.44% vs -67.02% for ETC-USD. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
BMNR vs. ETC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, BMNR achieves a -36.35% return, which is significantly higher than ETC-USD's -43.06% return.
BMNR
- 1D
- -4.42%
- 1M
- 20.33%
- 6M
- -31.16%
- YTD
- -36.35%
- 1Y
- -45.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 112.50%
ETC-USD
- 1D
- -1.21%
- 1M
- -7.78%
- 6M
- -33.20%
- YTD
- -43.06%
- 1Y
- -67.02%
- 3Y*
- -28.78%
- 5Y*
- -33.80%
- 10Y*
- 9.44%
- ALL TIME*
- 24.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $649.87M | $588.80M | $654.98M | |
ETC-USD Ethereum Classic | $227.55M | $232.88M | $370.58M |
BMNR vs. ETC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BMNR BitMine Immersion Technologies, Inc. | -36.35% | 274.59% |
ETC-USD Ethereum Classic | -43.06% | -33.66% |
Correlation
The correlation between BMNR and ETC-USD is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
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 0.51 - a consistent structural relationship.
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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 | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.43 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.83 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | -0.91 | +0.28 |
| Martin ratioReturn relative to average drawdown | -0.90 | -1.24 | +0.34 |
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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 -95.38%. Use the drawdown chart below to compare losses from any high point for BMNR and ETC-USD.
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Drawdown Indicators
| BMNR | ETC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.14% | -95.38% | +5.24% |
Max Drawdown (1Y)Largest decline over 1 year | -78.94% | -73.36% | -5.58% |
Max Drawdown (3Y)Largest decline over 3 years | — | -82.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -91.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -95.38% | — |
Current DrawdownCurrent decline from peak | -87.20% | -95.38% | +8.18% |
Average DrawdownAverage peak-to-trough decline | -72.84% | -73.97% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.66% | 37.46% | +18.20% |
Volatility
BMNR vs. ETC-USD - Volatility Comparison
BitMine Immersion Technologies, Inc. (BMNR) has a higher volatility of 25.80% compared to Ethereum Classic (ETC-USD) at 11.35%. 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.
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Volatility by Period
| BMNR | ETC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.80% | 11.35% | +14.45% |
Volatility (6M)Calculated over the trailing 6-month period | 59.75% | 40.52% | +19.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 99.30% | 58.00% | +41.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 669.63% | 71.20% | +598.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 669.63% | 93.98% | +575.65% |
Frequently Asked Questions
BMNR and ETC-USD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BMNR has higher volatility (25.80%) compared to ETC-USD (11.35%). In terms of maximum drawdown, BMNR dropped -90.14% vs ETC-USD's -95.38%.
BMNR currently has the higher Sharpe Ratio (-0.51 vs -0.96), 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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