EETH vs. BFOC

Last updated Jun 4, 2026

EETH (ProShares Ether Strategy ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - EETH is a Cryptocurrency fund actively managed by ProShares, while BFOC is a Defined Outcome fund actively managed by First Trust. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. EETH charges 0.95%/yr vs 0.90%/yr for BFOC.

Performance

EETH vs. BFOC - 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 - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EETH achieves a -40.33% return, which is significantly lower than BFOC's -7.39% return.

EETH

• 1D: -5.60%
• 1M: -23.79%
• YTD: -40.33%
• 6M: -43.77%
• 1Y: -34.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EETH vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
EETH ProShares Ether Strategy ETF	-40.33%	-32.48%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-9.76%

Correlation

The correlation between EETH and BFOC is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.87

Return for Risk

EETH vs. BFOC — Risk / Return Rank

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

EETH

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

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. BFOC - 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 - October (BFOC). 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.

	EETH	BFOC	Difference
Sharpe ratio Return per unit of total volatility	-0.51	—	—
Sortino ratio Return per unit of downside risk	-0.41	—	—
Omega ratio Gain probability vs. loss probability	0.95	—	—
Calmar ratio Return relative to maximum drawdown	-0.55	—	—
Martin ratio Return relative to average drawdown	-0.90	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EETH	BFOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	-1.88	+1.82

Drawdowns

EETH vs. BFOC - Drawdown Comparison

The maximum EETH drawdown since its inception was -66.86%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for EETH and BFOC.

Drawdown Indicators

	EETH	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-66.86%	-18.20%	-48.66%
Max Drawdown (1Y) Largest decline over 1 year	-64.18%	—	—
Current Drawdown Current decline from peak	-64.18%	-18.20%	-45.98%
Average Drawdown Average peak-to-trough decline	-29.45%	-12.52%	-16.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.76%	—	—

Volatility

Volatility by Period

	EETH	BFOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	68.81%	12.61%	+56.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.93%	12.61%	+56.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.93%	12.61%	+56.32%

EETH vs. BFOC - Expense Ratio Comparison

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

Dividends

EETH vs. BFOC - Dividend Comparison

EETH's dividend yield for the trailing twelve months is around 89.04%, while BFOC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	0.00%	0.00%	0.00%	0.00%
EETH ProShares Ether Strategy ETF	89.04%	56.98%	10.82%	0.52%

Frequently Asked Questions

Can I hold both EETH and BFOC in my portfolio?

EETH and BFOC have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EETH or BFOC?

On fees, BFOC is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EETH or BFOC?

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

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

EETH has the higher dividend yield at 89.04%, compared with 0.00% for BFOC.

What is the main difference between EETH and BFOC?

EETH is categorized as Cryptocurrency, while BFOC 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 BFOC.