CPYG.DE vs. VETH.DE
Compare and contrast key facts about CoinShares Physical Polygon Staked ETP (CPYG.DE) and VanEck Ethereum ETN (VETH.DE).
CPYG.DE and VETH.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CPYG.DE is an actively managed fund by CoinShares. It was launched on Jun 21, 2022. VETH.DE is a passively managed fund by VanEck that tracks the performance of the MVIS CryptoCompare Ethereum VWAP Close Index. It was launched on Mar 26, 2021.
Performance
CPYG.DE vs. VETH.DE - Performance Comparison
Loading graphics...
CPYG.DE vs. VETH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CPYG.DE CoinShares Physical Polygon Staked ETP | -8.76% | -79.89% | -49.31% | 33.78% | 72.29% |
VETH.DE VanEck Ethereum ETN | -27.59% | -21.95% | 52.69% | 89.80% | 0.01% |
Returns By Period
In the year-to-date period, CPYG.DE achieves a -8.76% return, which is significantly higher than VETH.DE's -27.59% return.
CPYG.DE
- 1D
- 3.06%
- 1M
- -10.10%
- YTD
- -8.76%
- 6M
- -59.49%
- 1Y
- -56.71%
- 3Y*
- -55.99%
- 5Y*
- —
- 10Y*
- —
VETH.DE
- 1D
- 2.74%
- 1M
- 4.80%
- YTD
- -27.59%
- 6M
- -50.37%
- 1Y
- 3.85%
- 3Y*
- 2.67%
- 5Y*
- 1.77%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CPYG.DE vs. VETH.DE - Expense Ratio Comparison
CPYG.DE has a 0.00% expense ratio, which is lower than VETH.DE's 1.00% expense ratio.
Return for Risk
CPYG.DE vs. VETH.DE — Risk / Return Rank
CPYG.DE
VETH.DE
CPYG.DE vs. VETH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Polygon Staked ETP (CPYG.DE) and VanEck Ethereum ETN (VETH.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.
| CPYG.DE | VETH.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.77 | 0.06 | -0.83 |
Sortino ratioReturn per unit of downside risk | -1.16 | 0.57 | -1.73 |
Omega ratioGain probability vs. loss probability | 0.88 | 1.06 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.80 | 0.08 | -0.88 |
Martin ratioReturn relative to average drawdown | -1.38 | 0.16 | -1.54 |
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 graphics...
Sharpe Ratios by Period
| CPYG.DE | VETH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | 0.06 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.02 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.40 | 0.02 | -0.42 |
Correlation
The correlation between CPYG.DE and VETH.DE is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
CPYG.DE vs. VETH.DE - Dividend Comparison
Neither CPYG.DE nor VETH.DE has paid dividends to shareholders.
Drawdowns
CPYG.DE vs. VETH.DE - Drawdown Comparison
The maximum CPYG.DE drawdown since its inception was -94.07%, which is greater than VETH.DE's maximum drawdown of -76.77%. Use the drawdown chart below to compare losses from any high point for CPYG.DE and VETH.DE.
Loading graphics...
Drawdown Indicators
| CPYG.DE | VETH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.07% | -76.77% | -17.30% |
Max Drawdown (1Y)Largest decline over 1 year | -69.16% | -60.97% | -8.19% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.77% | — |
Current DrawdownCurrent decline from peak | -93.62% | -56.89% | -36.73% |
Average DrawdownAverage peak-to-trough decline | -55.96% | -43.30% | -12.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.95% | 29.25% | +10.70% |
Volatility
CPYG.DE vs. VETH.DE - Volatility Comparison
The current volatility for CoinShares Physical Polygon Staked ETP (CPYG.DE) is 14.78%, while VanEck Ethereum ETN (VETH.DE) has a volatility of 17.90%. This indicates that CPYG.DE experiences smaller price fluctuations and is considered to be less risky than VETH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| CPYG.DE | VETH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.78% | 17.90% | -3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 51.09% | 45.64% | +5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.41% | 65.49% | +7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.48% | 71.88% | +11.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.48% | 72.20% | +11.28% |