CIWP.DE vs. ETHA.DE
CIWP.DE (CoinShares Physical Uniswap EUR ETP) and ETHA.DE (21Shares Ethereum Staking ETP) are both Cryptocurrency funds. Both are actively managed. Over the past 3 years, CIWP.DE returned -21.43%/yr vs -4.07%/yr for ETHA.DE. A 0.72 correlation means they provide meaningful diversification when combined. CIWP.DE charges 1.50%/yr vs 1.49%/yr for ETHA.DE.
Performance
CIWP.DE vs. ETHA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CIWP.DE achieves a -54.69% return, which is significantly lower than ETHA.DE's -39.59% return.
CIWP.DE
- 1D
- -7.37%
- 1M
- -21.15%
- YTD
- -54.69%
- 6M
- -52.29%
- 1Y
- -59.04%
- 3Y*
- -21.43%
- 5Y*
- —
- 10Y*
- —
ETHA.DE
- 1D
- -3.89%
- 1M
- -23.90%
- YTD
- -39.59%
- 6M
- -41.48%
- 1Y
- -32.56%
- 3Y*
- -4.07%
- 5Y*
- -6.03%
- 10Y*
- —
CIWP.DE vs. ETHA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CIWP.DE CoinShares Physical Uniswap EUR ETP | -54.69% | -60.70% | 82.28% | 43.15% | -29.71% |
ETHA.DE 21Shares Ethereum Staking ETP | -39.59% | -22.34% | 52.23% | 90.31% | -58.55% |
Correlation
The correlation between CIWP.DE and ETHA.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since May 5, 2022 | 0.72 |
The correlation between CIWP.DE and ETHA.DE has been stable across timeframes, ranging from 0.71 to 0.73 - 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
CIWP.DE vs. ETHA.DE — Risk / Return Rank
CIWP.DE
ETHA.DE
CIWP.DE vs. ETHA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Uniswap EUR ETP (CIWP.DE) and 21Shares Ethereum Staking ETP (ETHA.DE). 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.
| CIWP.DE | ETHA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.94 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | -0.55 | -0.21 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.94 | -0.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CIWP.DE | ETHA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.65 | -0.57 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.25 | -0.01 | -0.24 |
Drawdowns
CIWP.DE vs. ETHA.DE - Drawdown Comparison
The maximum CIWP.DE drawdown since its inception was -86.95%, which is greater than ETHA.DE's maximum drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for CIWP.DE and ETHA.DE.
Loading charts...
Drawdown Indicators
| CIWP.DE | ETHA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.95% | -76.82% | -10.13% |
Max Drawdown (1Y)Largest decline over 1 year | -77.55% | -61.72% | -15.83% |
Max Drawdown (3Y)Largest decline over 3 years | -86.95% | -64.71% | -22.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.82% | — |
Current DrawdownCurrent decline from peak | -86.95% | -64.41% | -22.54% |
Average DrawdownAverage peak-to-trough decline | -48.11% | -43.74% | -4.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.24% | 36.35% | +14.89% |
Volatility
CIWP.DE vs. ETHA.DE - Volatility Comparison
CoinShares Physical Uniswap EUR ETP (CIWP.DE) has a higher volatility of 22.07% compared to 21Shares Ethereum Staking ETP (ETHA.DE) at 10.14%. This indicates that CIWP.DE's price experiences larger fluctuations and is considered to be riskier than ETHA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CIWP.DE | ETHA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.07% | 10.14% | +11.93% |
Volatility (6M)Calculated over the trailing 6-month period | 55.47% | 42.04% | +13.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 91.32% | 59.62% | +31.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.63% | 67.07% | +27.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.63% | 69.50% | +25.13% |
CIWP.DE vs. ETHA.DE - Expense Ratio Comparison
CIWP.DE has a 1.50% expense ratio, which is higher than ETHA.DE's 1.49% expense ratio.
Dividends
CIWP.DE vs. ETHA.DE - Dividend Comparison
Neither CIWP.DE nor ETHA.DE has paid dividends to shareholders.
Frequently Asked Questions
CIWP.DE and ETHA.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETHA.DE is cheaper at 1.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETHA.DE is cheaper with a 1.49% expense ratio, compared with 1.50% for CIWP.DE.
They also come from different issuers: CoinShares and 21Shares. Their fees differ too: 1.50% for CIWP.DE and 1.49% for ETHA.DE.
Find the right allocation for CIWP.DE and ETHA.DE
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