CSDA.DE vs. ETHA.DE
CSDA.DE (CoinShares Physical Staked Cardano EUR) and ETHA.DE (21Shares Ethereum Staking ETP) are both Cryptocurrency funds. Both are actively managed. Over the past 3 years, CSDA.DE returned -20.11%/yr vs -4.07%/yr for ETHA.DE. A 0.78 correlation means they provide meaningful diversification when combined. CSDA.DE charges 0.00%/yr vs 1.49%/yr for ETHA.DE.
Performance
CSDA.DE vs. ETHA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CSDA.DE achieves a -44.92% return, which is significantly lower than ETHA.DE's -39.59% return.
CSDA.DE
- 1D
- -10.51%
- 1M
- -27.73%
- YTD
- -44.92%
- 6M
- -53.80%
- 1Y
- -71.72%
- 3Y*
- -20.11%
- 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*
- —
CSDA.DE vs. ETHA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CSDA.DE CoinShares Physical Staked Cardano EUR | -44.92% | -63.21% | 50.69% | 155.13% | -67.95% |
ETHA.DE 21Shares Ethereum Staking ETP | -39.59% | -22.34% | 52.23% | 90.31% | -52.47% |
Correlation
The correlation between CSDA.DE and ETHA.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Mar 14, 2022 | 0.78 |
The correlation between CSDA.DE and ETHA.DE has been stable across timeframes, ranging from 0.76 to 0.84 - 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
CSDA.DE vs. ETHA.DE — Risk / Return Rank
CSDA.DE
ETHA.DE
CSDA.DE vs. ETHA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Staked Cardano EUR (CSDA.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.
| CSDA.DE | ETHA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 0.94 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.55 | -0.36 |
| Martin ratioReturn relative to average drawdown | -1.43 | -0.94 | -0.49 |
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
| CSDA.DE | ETHA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.04 | -0.57 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.33 | -0.01 | -0.32 |
Drawdowns
CSDA.DE vs. ETHA.DE - Drawdown Comparison
The maximum CSDA.DE drawdown since its inception was -85.65%, 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 CSDA.DE and ETHA.DE.
Loading charts...
Drawdown Indicators
| CSDA.DE | ETHA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.65% | -76.82% | -8.83% |
Max Drawdown (1Y)Largest decline over 1 year | -79.03% | -61.72% | -17.31% |
Max Drawdown (3Y)Largest decline over 3 years | -85.65% | -64.71% | -20.94% |
Max Drawdown (5Y)Largest decline over 5 years | — | -76.82% | — |
Current DrawdownCurrent decline from peak | -85.65% | -64.41% | -21.24% |
Average DrawdownAverage peak-to-trough decline | -58.16% | -43.74% | -14.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.71% | 36.35% | +14.36% |
Volatility
CSDA.DE vs. ETHA.DE - Volatility Comparison
CoinShares Physical Staked Cardano EUR (CSDA.DE) has a higher volatility of 16.06% compared to 21Shares Ethereum Staking ETP (ETHA.DE) at 10.14%. This indicates that CSDA.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
| CSDA.DE | ETHA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.06% | 10.14% | +5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 48.32% | 42.04% | +6.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.23% | 59.62% | +9.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.33% | 67.07% | +16.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.33% | 69.50% | +13.83% |
CSDA.DE vs. ETHA.DE - Expense Ratio Comparison
CSDA.DE has a 0.00% expense ratio, which is lower than ETHA.DE's 1.49% expense ratio.
Dividends
CSDA.DE vs. ETHA.DE - Dividend Comparison
Neither CSDA.DE nor ETHA.DE has paid dividends to shareholders.
Frequently Asked Questions
CSDA.DE and ETHA.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSDA.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSDA.DE is cheaper with a 0.00% expense ratio, compared with 1.49% for ETHA.DE.
They also come from different issuers: CoinShares and 21Shares. Their fees differ too: 0.00% for CSDA.DE and 1.49% for ETHA.DE.
Find the right allocation for CSDA.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