ETC-USD vs. BMNR

Last updated Jun 26, 2026

ETC-USD (Ethereum Classic) is a cryptocurrency, while BMNR (BitMine Immersion Technologies, Inc.) is a stock. Over the past year, ETC-USD returned -56.77% vs 204.90% for BMNR. At a 0.42 correlation, their price movements are largely independent.

Performance

ETC-USD vs. BMNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ethereum Classic (ETC-USD) and BitMine Immersion Technologies, Inc. (BMNR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETC-USD achieves a -38.69% return, which is significantly higher than BMNR's -50.94% return.

ETC-USD

• 1D: 0.57%
• 1M: -18.66%
• YTD: -38.69%
• 6M: -39.79%
• 1Y: -56.77%
• 3Y*: -27.77%
• 5Y*: -29.57%
• 10Y*: —

BMNR

• 1D: -4.99%
• 1M: -30.63%
• YTD: -50.94%
• 6M: -54.62%
• 1Y: 204.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETC-USD vs. BMNR - Yearly Performance Comparison

	2026 (YTD)	2025
ETC-USD Ethereum Classic	-38.69%	-33.66%
BMNR BitMine Immersion Technologies, Inc.	-50.94%	274.59%

Correlation

The correlation between ETC-USD and BMNR is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.42

Return for Risk

ETC-USD vs. BMNR — Risk / Return Rank

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

ETC-USD

ETC-USD Risk / Return Rank: 46
ETC-USD Sharpe Ratio Rank: 44
ETC-USD Sortino Ratio Rank: 42
ETC-USD Omega Ratio Rank: 44
ETC-USD Calmar Ratio Rank: 47
ETC-USD Martin Ratio Rank: 53

BMNR

BMNR Risk / Return Rank: 80
BMNR Sharpe Ratio Rank: 54
BMNR Sortino Ratio Rank: 99
BMNR Omega Ratio Rank: 99
BMNR Calmar Ratio Rank: 79
BMNR Martin Ratio Rank: 67

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.

ETC-USD vs. BMNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ethereum Classic (ETC-USD) and BitMine Immersion Technologies, Inc. (BMNR). 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.

	ETC-USD	BMNR	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	0.29	-1.07
Sortino ratio: Return per unit of downside risk	-1.15	8.31	-9.46
Omega ratio: Gain probability vs. loss probability	0.89	1.98	-1.09
Calmar ratio: Return relative to maximum drawdown	-0.78	2.29	-3.07
Martin ratio: Return relative to average drawdown	-1.15	2.74	-3.90

ETC-USD vs. BMNR - Sharpe Ratio Comparison

The current ETC-USD Sharpe Ratio is -0.78, which is lower than the BMNR Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of ETC-USD and BMNR, 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

ETC-USD vs. BMNR - Drawdown Comparison

The maximum ETC-USD drawdown since its inception was -95.18%, which is greater than BMNR's maximum drawdown of -90.13%. Use the drawdown chart below to compare losses from any high point for ETC-USD and BMNR.

Drawdown Indicators

	ETC-USD	BMNR	Difference
Max Drawdown Largest peak-to-trough decline	-95.18%	-90.13%	-5.05%
Max Drawdown (1Y) Largest decline over 1 year	-72.46%	-90.13%	+17.67%
Max Drawdown (3Y) Largest decline over 3 years	-82.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-90.94%	—	—
Current Drawdown Current decline from peak	-95.02%	-90.13%	-4.89%
Average Drawdown Average peak-to-trough decline	-73.75%	-71.37%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.68%	75.00%	-31.32%

Volatility

ETC-USD vs. BMNR - Volatility Comparison

The current volatility for Ethereum Classic (ETC-USD) is 14.73%, while BitMine Immersion Technologies, Inc. (BMNR) has a volatility of 22.29%. This indicates that ETC-USD experiences smaller price fluctuations and is considered to be less risky than BMNR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETC-USD	BMNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.73%	22.29%	-7.56%
Volatility (6M) Calculated over the trailing 6-month period	43.19%	59.21%	-16.02%
Volatility (1Y) Calculated over the trailing 1-year period	60.23%	717.42%	-657.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.49%	700.11%	-627.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	129.73%	700.11%	-570.38%

Frequently Asked Questions

Can I hold both ETC-USD and BMNR in my portfolio?

ETC-USD and BMNR have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETC-USD or BMNR?

BMNR has higher volatility (22.29%) compared to ETC-USD (14.73%). In terms of maximum drawdown, ETC-USD dropped -95.18% vs BMNR's -90.13%.

Which has better risk-adjusted returns?

BMNR currently has the higher Sharpe Ratio (0.29 vs -0.78), 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.