BTRN vs. CETH

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Bitcoin Trend Strategy ETF (BTRN) and 21shares Core Ethereum ETF (CETH).

BTRN and CETH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTRN is a passively managed fund by Global X that tracks the performance of the CoinDesk Bitcoin Trend Indicator Futures Index. It was launched on Mar 20, 2024. CETH is a passively managed fund by 21Shares that tracks the performance of the CME CF Ether-Dollar Reference Rate. It was launched on Jul 22, 2024. Both BTRN and CETH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BTRN vs. CETH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Bitcoin Trend Strategy ETF (BTRN) and 21shares Core Ethereum ETF (CETH). The values are adjusted to include any dividend payments, if applicable.

BTRN vs. CETH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BTRN Global X Bitcoin Trend Strategy ETF	-1.55%	4.89%	5.22%
CETH 21shares Core Ethereum ETF	0.00%	0.00%	0.00%

Returns By Period

BTRN

• 1D: 0.04%
• 1M: -0.80%
• YTD: -1.55%
• 6M: -11.91%
• 1Y: 2.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CETH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BTRN vs. CETH - Expense Ratio Comparison

BTRN has a 0.95% expense ratio, which is higher than CETH's 0.21% expense ratio.

BTRN

Global X Bitcoin Trend Strategy ETF

CETH

21shares Core Ethereum ETF

Return for Risk

BTRN vs. CETH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTRN

BTRN Risk / Return Rank: 14
BTRN Sharpe Ratio Rank: 14
BTRN Sortino Ratio Rank: 14
BTRN Omega Ratio Rank: 15
BTRN Calmar Ratio Rank: 14
BTRN Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BTRN vs. CETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Trend Strategy ETF (BTRN) and 21shares Core Ethereum ETF (CETH). 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.

	BTRN	CETH	Difference
Sharpe ratio Return per unit of total volatility	0.13	—	—
Sortino ratio Return per unit of downside risk	0.33	—	—
Omega ratio Gain probability vs. loss probability	1.05	—	—
Calmar ratio Return relative to maximum drawdown	0.18	—	—
Martin ratio Return relative to average drawdown	0.28	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BTRN	CETH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	—	—

Dividends

BTRN vs. CETH - Dividend Comparison

BTRN's dividend yield for the trailing twelve months is around 28.19%, while CETH has not paid dividends to shareholders.

	TTM	2025	2024
BTRN Global X Bitcoin Trend Strategy ETF	28.19%	27.76%	2.56%
CETH 21shares Core Ethereum ETF	0.00%	0.00%	0.00%

Drawdowns

Volatility

Volatility by Period

	BTRN	CETH	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.02%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.64%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.64%	—	—