EETH vs. BFJL

Last updated Jul 14, 2026

EETH (ProShares Ether Strategy ETF) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - EETH is a Cryptocurrency fund actively managed by ProShares, while BFJL is a Defined Outcome fund managed by First Trust. Over the past year, EETH returned -43.94% vs -16.83% for BFJL. A 0.80 correlation means they provide meaningful diversification when combined. EETH charges 0.95%/yr vs 0.90%/yr for BFJL.

Performance

EETH vs. BFJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ether Strategy ETF (EETH) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EETH achieves a -41.54% return, which is significantly lower than BFJL's -5.93% return.

EETH

• 1D: -1.10%
• 1M: 6.25%
• 6M: -43.87%
• YTD: -41.54%
• 1Y: -43.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFJL

• 1D: -1.13%
• 1M: 1.85%
• 6M: -7.31%
• YTD: -5.93%
• 1Y: -16.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EETH vs. BFJL - Yearly Performance Comparison

	2026 (YTD)	2025
EETH ProShares Ether Strategy ETF	-41.54%	14.30%
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-5.93%	-7.43%

Correlation

The correlation between EETH and BFJL is 0.79, 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	0.79
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.80

The correlation between EETH and BFJL has been stable across timeframes, ranging from 0.79 to 0.80 - a consistent structural relationship.

Return for Risk

EETH vs. BFJL — Risk / Return Rank

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

EETH

EETH Risk / Return Rank: 4
EETH Sharpe Ratio Rank: 4
EETH Sortino Ratio Rank: 4
EETH Omega Ratio Rank: 5
EETH Calmar Ratio Rank: 4
EETH Martin Ratio Rank: 4

BFJL

BFJL Risk / Return Rank: 2
BFJL Sharpe Ratio Rank: 0
BFJL Sortino Ratio Rank: 1
BFJL Omega Ratio Rank: 1
BFJL Calmar Ratio Rank: 3
BFJL Martin Ratio Rank: 4

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.

EETH vs. BFJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ether Strategy ETF (EETH) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EETH	BFJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.64	-1.28	+0.64
Sortino ratio: Return per unit of downside risk	-0.72	-1.73	+1.02
Omega ratio: Gain probability vs. loss probability	0.92	0.79	+0.13
Calmar ratio: Return relative to maximum drawdown	-0.64	-0.79	+0.16
Martin ratio: Return relative to average drawdown	-1.00	-1.11	+0.12

EETH vs. BFJL - Sharpe Ratio Comparison

The current EETH Sharpe Ratio is -0.64, which is higher than the BFJL Sharpe Ratio of -1.28. The chart below compares the historical Sharpe Ratios of EETH and BFJL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EETH vs. BFJL - Drawdown Comparison

The maximum EETH drawdown since its inception was -69.22%, which is greater than BFJL's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for EETH and BFJL.

Drawdown Indicators

	EETH	BFJL	Difference
Max Drawdown Largest peak-to-trough decline	-69.22%	-21.27%	-47.95%
Max Drawdown (1Y) Largest decline over 1 year	-69.22%	-21.27%	-47.95%
Current Drawdown Current decline from peak	-64.90%	-19.71%	-45.19%
Average Drawdown Average peak-to-trough decline	-30.86%	-12.61%	-18.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.15%	15.15%	+29.00%

Volatility

EETH vs. BFJL - Volatility Comparison

ProShares Ether Strategy ETF (EETH) has a higher volatility of 16.05% compared to FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) at 2.36%. This indicates that EETH's price experiences larger fluctuations and is considered to be riskier than BFJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EETH	BFJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.05%	2.36%	+13.69%
Volatility (6M) Calculated over the trailing 6-month period	47.07%	6.78%	+40.29%
Volatility (1Y) Calculated over the trailing 1-year period	68.70%	13.18%	+55.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.77%	13.24%	+55.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.77%	13.24%	+55.53%

EETH vs. BFJL - Expense Ratio Comparison

EETH has a 0.95% expense ratio, which is higher than BFJL's 0.90% expense ratio.

Dividends

EETH vs. BFJL - Dividend Comparison

EETH's dividend yield for the trailing twelve months is around 90.85%, more than BFJL's 1.43% yield.

Position	TTM	2025	2024	2023
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.43%	1.35%	0.00%	0.00%
EETH ProShares Ether Strategy ETF	90.85%	56.98%	10.82%	0.52%

Frequently Asked Questions

Can I hold both EETH and BFJL in my portfolio?

EETH and BFJL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EETH or BFJL?

EETH has higher volatility (16.05%) compared to BFJL (2.36%). In terms of maximum drawdown, EETH dropped -69.22% vs BFJL's -21.27%.

Which ETF is better, EETH or BFJL?

On 1-year performance, BFJL leads with -16.83% vs -43.94% for EETH. On fees, BFJL is cheaper at 0.90% per year. On volatility, BFJL has been the lower-risk option at 2.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EETH or BFJL?

Over the 1-year period, BFJL has performed better with a -16.83% return vs -43.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EETH or BFJL?

BFJL is cheaper with a 0.90% expense ratio, compared with 0.95% for EETH.

Which ETF pays a higher dividend yield, EETH or BFJL?

EETH has the higher dividend yield at 90.85%, compared with 1.43% for BFJL.

What is the main difference between EETH and BFJL?

EETH is categorized as Cryptocurrency, while BFJL is Defined Outcome. They also come from different issuers: ProShares and First Trust. Their fees differ too: 0.95% for EETH and 0.90% for BFJL.

Which has better risk-adjusted returns?

EETH currently has the higher Sharpe Ratio (-0.64 vs -1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.