DAT vs. ETH-USD

Last updated Apr 2, 2026

Compare and contrast key facts about ProShares Big Data Refiners ETF (DAT) and Ethereum (ETH-USD).

DAT is a passively managed fund by ProShares that tracks the performance of the FactSet Big Data Refiners Index. It was launched on Sep 29, 2021.

Performance

DAT vs. ETH-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Big Data Refiners ETF (DAT) and Ethereum (ETH-USD). The values are adjusted to include any dividend payments, if applicable.

DAT vs. ETH-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DAT ProShares Big Data Refiners ETF	-24.65%	3.49%	33.22%	51.76%	-44.33%	-3.78%
ETH-USD Ethereum	-27.34%	-10.91%	46.00%	90.84%	-67.48%	22.51%

Returns By Period

In the year-to-date period, DAT achieves a -24.65% return, which is significantly higher than ETH-USD's -27.34% return.

DAT

• 1D: 0.24%
• 1M: -7.48%
• YTD: -24.65%
• 6M: -29.15%
• 1Y: -13.96%
• 3Y*: 11.74%
• 5Y*: —
• 10Y*: —

ETH-USD

• 1D: 2.47%
• 1M: 6.32%
• YTD: -27.34%
• 6M: -50.45%
• 1Y: 13.15%
• 3Y*: 6.28%
• 5Y*: 0.20%
• 10Y*: 68.60%

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

Return for Risk

DAT vs. ETH-USD — Risk / Return Rank

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

DAT

DAT Risk / Return Rank: 5
DAT Sharpe Ratio Rank: 5
DAT Sortino Ratio Rank: 5
DAT Omega Ratio Rank: 5
DAT Calmar Ratio Rank: 6
DAT Martin Ratio Rank: 3

ETH-USD

ETH-USD Risk / Return Rank: 79
ETH-USD Sharpe Ratio Rank: 85
ETH-USD Sortino Ratio Rank: 84
ETH-USD Omega Ratio Rank: 83
ETH-USD Calmar Ratio Rank: 72
ETH-USD Martin Ratio Rank: 68

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.

DAT vs. ETH-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Big Data Refiners ETF (DAT) and Ethereum (ETH-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.

	DAT	ETH-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.45	0.18	-0.62
Sortino ratio Return per unit of downside risk	-0.46	0.83	-1.28
Omega ratio Gain probability vs. loss probability	0.94	1.09	-0.14
Calmar ratio Return relative to maximum drawdown	-0.41	-0.85	+0.44
Martin ratio Return relative to average drawdown	-1.11	-1.46	+0.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAT vs. ETH-USD - Sharpe Ratio Comparison

The current DAT Sharpe Ratio is -0.45, which is lower than the ETH-USD Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of DAT and ETH-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DAT	ETH-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.45	0.18	-0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.00	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	0.80	-0.91

Correlation

The correlation between DAT and ETH-USD is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

DAT vs. ETH-USD - Drawdown Comparison

The maximum DAT drawdown since its inception was -56.22%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for DAT and ETH-USD.

Drawdown Indicators

	DAT	ETH-USD	Difference
Max Drawdown Largest peak-to-trough decline	-56.22%	-94.01%	+37.79%
Max Drawdown (1Y) Largest decline over 1 year	-31.89%	-62.26%	+30.37%
Max Drawdown (5Y) Largest decline over 5 years	—	-79.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-94.01%	—
Current Drawdown Current decline from peak	-30.07%	-55.38%	+25.31%
Average Drawdown Average peak-to-trough decline	-26.39%	-50.81%	+24.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.85%	36.32%	-24.47%

Volatility

DAT vs. ETH-USD - Volatility Comparison

The current volatility for ProShares Big Data Refiners ETF (DAT) is 7.88%, while Ethereum (ETH-USD) has a volatility of 17.83%. This indicates that DAT experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAT	ETH-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.88%	17.83%	-9.95%
Volatility (6M) Calculated over the trailing 6-month period	20.03%	51.52%	-31.49%
Volatility (1Y) Calculated over the trailing 1-year period	31.47%	62.50%	-31.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.59%	63.60%	-30.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.59%	78.85%	-45.26%