ETH-USD vs. DXJ
ETH-USD (Ethereum) is a cryptocurrency, while DXJ (WisdomTree Japan Hedged Equity Fund) is Japan Equities fund tracking the WisdomTree Japan Hedged Equity Index. Over the past 10 years, ETH-USD returned 62.58%/yr vs 18.40%/yr for DXJ. At a 0.10 correlation, their price movements are largely independent.
Performance
ETH-USD vs. DXJ - Performance Comparison
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Returns By Period
In the year-to-date period, ETH-USD achieves a -35.51% return, which is significantly lower than DXJ's 20.15% return. Over the past 10 years, ETH-USD has outperformed DXJ with an annualized return of 62.58%, while DXJ has yielded a comparatively lower 18.40% annualized return.
ETH-USD
- 1D
- 2.26%
- 1M
- 10.05%
- 6M
- -39.98%
- YTD
- -35.51%
- 1Y
- -49.10%
- 3Y*
- 0.37%
- 5Y*
- -0.85%
- 10Y*
- 62.58%
- ALL TIME*
- 80.34%
DXJ
- 1D
- 0.12%
- 1M
- -2.97%
- 6M
- 11.29%
- YTD
- 20.15%
- 1Y
- 51.72%
- 3Y*
- 30.73%
- 5Y*
- 26.86%
- 10Y*
- 18.40%
- ALL TIME*
- 9.40%
ETH-USD vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETH-USD Ethereum | -35.51% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
DXJ WisdomTree Japan Hedged Equity Fund | 20.15% | 32.78% | 29.83% | 42.04% | 5.96% | 17.99% | 3.94% | 18.94% | -19.78% | 22.81% |
Correlation
The correlation between ETH-USD and DXJ is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2015 | 0.10 |
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Return for Risk
ETH-USD vs. DXJ — Risk / Return Rank
ETH-USD
DXJ
ETH-USD vs. DXJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ethereum (ETH-USD) and WisdomTree Japan Hedged Equity Fund (DXJ). 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.
| ETH-USD | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.57 | ||
| Sortino ratioReturn per unit of downside risk | -4.68 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.51 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 4.73 | -5.46 |
| Martin ratioReturn relative to average drawdown | -1.11 | 17.82 | -18.93 |
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Drawdowns
ETH-USD vs. DXJ - Drawdown Comparison
The maximum ETH-USD drawdown since its inception was -94.01%, which is greater than DXJ's maximum drawdown of -49.63%. Use the drawdown chart below to compare losses from any high point for ETH-USD and DXJ.
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Drawdown Indicators
| ETH-USD | DXJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.01% | -49.63% | -44.38% |
Max Drawdown (1Y)Largest decline over 1 year | -67.60% | -10.98% | -56.62% |
Max Drawdown (3Y)Largest decline over 3 years | -67.60% | -22.19% | -45.41% |
Max Drawdown (5Y)Largest decline over 5 years | -79.35% | -22.19% | -57.16% |
Max Drawdown (10Y)Largest decline over 10 years | -94.01% | -39.14% | -54.87% |
Current DrawdownCurrent decline from peak | -60.40% | -4.28% | -56.12% |
Average DrawdownAverage peak-to-trough decline | -51.01% | -14.26% | -36.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.69% | 2.91% | +31.78% |
Volatility
ETH-USD vs. DXJ - Volatility Comparison
Ethereum (ETH-USD) has a higher volatility of 13.43% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 6.53%. This indicates that ETH-USD's price experiences larger fluctuations and is considered to be riskier than DXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETH-USD | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.43% | 6.53% | +6.90% |
Volatility (6M)Calculated over the trailing 6-month period | 46.67% | 14.44% | +32.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.96% | 18.43% | +36.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.71% | 19.04% | +39.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.77% | 19.93% | +56.84% |
Frequently Asked Questions
ETH-USD and DXJ have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (13.43%) compared to DXJ (6.53%). In terms of maximum drawdown, ETH-USD dropped -94.01% vs DXJ's -49.63%.
DXJ currently has the higher Sharpe Ratio (2.83 vs -0.74), 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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