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EETH vs. ETH-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between EETH and ETH-USD is 0.73, 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.


-0.50.00.51.00.7

Performance

EETH vs. ETH-USD - Performance Comparison

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

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-4.75%
-3.03%
EETH
ETH-USD

Key characteristics

Sharpe Ratio

EETH:

0.44

ETH-USD:

0.20

Sortino Ratio

EETH:

1.09

ETH-USD:

0.80

Omega Ratio

EETH:

1.13

ETH-USD:

1.08

Calmar Ratio

EETH:

0.63

ETH-USD:

0.06

Martin Ratio

EETH:

1.18

ETH-USD:

0.55

Ulcer Index

EETH:

25.27%

ETH-USD:

23.70%

Daily Std Dev

EETH:

67.84%

ETH-USD:

54.08%

Max Drawdown

EETH:

-47.15%

ETH-USD:

-93.96%

Current Drawdown

EETH:

-22.63%

ETH-USD:

-30.82%

Returns By Period

In the year-to-date period, EETH achieves a 33.02% return, which is significantly lower than ETH-USD's 45.91% return.


EETH

YTD

33.02%

1M

-9.80%

6M

-4.75%

1Y

29.94%

5Y*

N/A

10Y*

N/A

ETH-USD

YTD

45.91%

1M

-8.98%

6M

-1.33%

1Y

41.80%

5Y*

89.91%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

EETH vs. ETH-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ether Strategy ETF (EETH) 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.


Sharpe ratio
The chart of Sharpe ratio for EETH, currently valued at 0.05, compared to the broader market0.002.004.000.050.20
The chart of Sortino ratio for EETH, currently valued at 0.57, compared to the broader market-2.000.002.004.006.008.0010.000.570.80
The chart of Omega ratio for EETH, currently valued at 1.07, compared to the broader market0.501.001.502.002.503.001.071.08
The chart of Calmar ratio for EETH, currently valued at 0.01, compared to the broader market0.005.0010.0015.000.010.07
The chart of Martin ratio for EETH, currently valued at 0.13, compared to the broader market0.0020.0040.0060.0080.00100.000.130.55
EETH
ETH-USD

The current EETH Sharpe Ratio is 0.44, which is higher than the ETH-USD Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of EETH 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.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.05
0.20
EETH
ETH-USD

Drawdowns

EETH vs. ETH-USD - Drawdown Comparison

The maximum EETH drawdown since its inception was -47.15%, smaller than the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for EETH and ETH-USD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-22.63%
-18.14%
EETH
ETH-USD

Volatility

EETH vs. ETH-USD - Volatility Comparison

ProShares Ether Strategy ETF (EETH) has a higher volatility of 20.01% compared to Ethereum (ETH-USD) at 18.49%. This indicates that EETH's price experiences larger fluctuations and is considered to be riskier than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
20.01%
18.49%
EETH
ETH-USD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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