EETH vs. ETH-USD
Compare and contrast key facts about ProShares Ether Strategy ETF (EETH) and Ethereum (ETH-USD).
EETH is an actively managed fund by ProShares. It was launched on Oct 2, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EETH or ETH-USD.
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.
Performance
EETH vs. ETH-USD - Performance Comparison
Key characteristics
EETH:
0.44
ETH-USD:
0.20
EETH:
1.09
ETH-USD:
0.80
EETH:
1.13
ETH-USD:
1.08
EETH:
0.63
ETH-USD:
0.06
EETH:
1.18
ETH-USD:
0.55
EETH:
25.27%
ETH-USD:
23.70%
EETH:
67.84%
ETH-USD:
54.08%
EETH:
-47.15%
ETH-USD:
-93.96%
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
33.02%
-9.80%
-4.75%
29.94%
N/A
N/A
ETH-USD
45.91%
-8.98%
-1.33%
41.80%
89.91%
N/A
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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.
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.
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.