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 61.34%/yr vs 18.23%/yr for DXJ. At a 0.09 correlation, their price movements are largely independent.
Performance
ETH-USD vs. DXJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETH-USD achieves a -43.98% return, which is significantly lower than DXJ's 17.86% return. Over the past 10 years, ETH-USD has outperformed DXJ with an annualized return of 61.34%, while DXJ has yielded a comparatively lower 18.23% annualized return.
ETH-USD
- 1D
- -1.64%
- 1M
- -28.55%
- YTD
- -43.98%
- 6M
- -46.81%
- 1Y
- -33.81%
- 3Y*
- -3.34%
- 5Y*
- -8.64%
- 10Y*
- 61.34%
DXJ
- 1D
- 0.39%
- 1M
- 2.00%
- YTD
- 17.86%
- 6M
- 21.01%
- 1Y
- 51.36%
- 3Y*
- 31.77%
- 5Y*
- 25.93%
- 10Y*
- 18.23%
ETH-USD vs. DXJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ETH-USD Ethereum | -43.98% | -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 | 17.86% | 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 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2015 | 0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
| ETH-USD | DXJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.44 | ||
| Sortino ratioReturn per unit of downside risk | -4.34 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.53 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 4.70 | -5.20 |
| Martin ratioReturn relative to average drawdown | -0.88 | 18.34 | -19.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ETH-USD | DXJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 2.94 | -3.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 1.37 | -1.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.91 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.42 | +0.33 |
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.
Loading charts...
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 | -67.53% | -10.98% | -56.55% |
Max Drawdown (3Y)Largest decline over 3 years | -67.53% | -22.19% | -45.34% |
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 | -65.60% | -2.06% | -63.54% |
Average DrawdownAverage peak-to-trough decline | -50.89% | -14.33% | -36.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.58% | 2.81% | +41.77% |
Volatility
ETH-USD vs. DXJ - Volatility Comparison
Ethereum (ETH-USD) has a higher volatility of 16.88% compared to WisdomTree Japan Hedged Equity Fund (DXJ) at 4.19%. 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.
Loading charts...
Volatility by Period
| ETH-USD | DXJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.88% | 4.19% | +12.69% |
Volatility (6M)Calculated over the trailing 6-month period | 46.80% | 13.33% | +33.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.55% | 17.58% | +38.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.65% | 19.00% | +40.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.04% | 20.19% | +57.85% |
Frequently Asked Questions
ETH-USD and DXJ have a correlation of 0.14, 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 (16.88%) compared to DXJ (4.19%). In terms of maximum drawdown, ETH-USD dropped -94.01% vs DXJ's -49.63%.
DXJ currently has the higher Sharpe Ratio (2.94 vs -0.50), 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.
Find the right allocation for ETH-USD and DXJ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer