EINC vs. HODL
EINC (VanEck Energy Income ETF) and HODL (VanEck Bitcoin Trust) are both exchange-traded funds - EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index, while HODL is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, EINC returned 29.08% vs -43.61% for HODL. Their 0.15 correlation means their historical movements had little consistent relationship. EINC charges 0.46%/yr vs 0.25%/yr for HODL.
Performance
EINC vs. HODL - Performance Comparison
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Returns By Period
In the year-to-date period, EINC achieves a 27.20% return, which is significantly higher than HODL's -27.01% return.
EINC
- 1D
- -1.08%
- 1M
- 2.56%
- 6M
- 20.49%
- YTD
- 27.20%
- 1Y
- 29.08%
- 3Y*
- 27.42%
- 5Y*
- 22.70%
- 10Y*
- 11.27%
- ALL TIME*
- 0.99%
HODL
- 1D
- 1.52%
- 1M
- 3.91%
- 6M
- -18.14%
- YTD
- -27.01%
- 1Y
- -43.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $731.46K | $2.80M | $2.24M | |
| $18.51M | $17.76M | $22.96M |
EINC vs. HODL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EINC VanEck Energy Income ETF | 27.20% | 7.11% | 42.56% |
HODL VanEck Bitcoin Trust | -27.01% | -6.42% | 91.50% |
Correlation
The correlation between EINC and HODL is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.15 |
The correlation between EINC and HODL shifts across timeframes, from -0.02 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EINC vs. HODL — Risk / Return Rank
EINC
HODL
EINC vs. HODL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Energy Income ETF (EINC) and VanEck Bitcoin Trust (HODL). 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.
| EINC | HODL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +4.03 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.84 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | -0.82 | +4.53 |
| Martin ratioReturn relative to average drawdown | 9.02 | -1.26 | +10.28 |
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Drawdowns
EINC vs. HODL - Drawdown Comparison
The maximum EINC drawdown since its inception was -87.55%, which is greater than HODL's maximum drawdown of -53.20%. Use the drawdown chart below to compare losses from any high point for EINC and HODL.
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Drawdown Indicators
| EINC | HODL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.55% | -53.20% | -34.35% |
Max Drawdown (1Y)Largest decline over 1 year | -7.89% | -53.20% | +45.31% |
Max Drawdown (3Y)Largest decline over 3 years | -16.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.85% | — | — |
Current DrawdownCurrent decline from peak | -3.57% | -49.14% | +45.57% |
Average DrawdownAverage peak-to-trough decline | -43.83% | -18.22% | -25.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 34.70% | -31.47% |
Volatility
EINC vs. HODL - Volatility Comparison
The current volatility for VanEck Energy Income ETF (EINC) is 5.70%, while VanEck Bitcoin Trust (HODL) has a volatility of 8.96%. This indicates that EINC experiences smaller price fluctuations and is considered to be less risky than HODL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EINC | HODL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 8.96% | -3.26% |
Volatility (6M)Calculated over the trailing 6-month period | 12.69% | 33.76% | -21.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.47% | 44.33% | -28.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.49% | 49.25% | -29.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.33% | 49.25% | -23.92% |
EINC vs. HODL - Expense Ratio Comparison
EINC has a 0.46% expense ratio, which is higher than HODL's 0.25% expense ratio.
Dividends
EINC vs. HODL - Dividend Comparison
EINC's dividend yield for the trailing twelve months is around 4.23%, while HODL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EINC VanEck Energy Income ETF | 4.23% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
HODL VanEck Bitcoin Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EINC and HODL have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HODL has higher volatility (8.96%) compared to EINC (5.70%). In terms of maximum drawdown, EINC dropped -87.55% vs HODL's -53.20%.
On 1-year performance, EINC leads with 29.08% vs -43.61% for HODL. On fees, HODL is cheaper at 0.25% per year. On volatility, EINC has been the lower-risk option at 5.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EINC has performed better with a 29.08% return vs -43.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HODL is cheaper with a 0.25% expense ratio, compared with 0.46% for EINC.
EINC has the higher dividend yield at 4.23%, compared with 0.00% for HODL.
EINC is categorized as Energy Equities, while HODL is Cryptocurrency. EINC tracks MVIS North America Energy Infrastructure Index, while HODL tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.46% for EINC and 0.25% for HODL.
EINC currently has the higher Sharpe Ratio (1.89 vs -0.99), 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.
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