ETH-USD vs. IXN
ETH-USD (Ethereum) is a cryptocurrency, while IXN (iShares Global Tech ETF) is Technology Equities fund tracking the S&P Global Information Technology Sector Index. Over the past 10 years, ETH-USD returned 61.34%/yr vs 24.76%/yr for IXN. At a 0.18 correlation, their price movements are largely independent.
Performance
ETH-USD vs. IXN - Performance Comparison
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Returns By Period
In the year-to-date period, ETH-USD achieves a -43.98% return, which is significantly lower than IXN's 32.00% return. Over the past 10 years, ETH-USD has outperformed IXN with an annualized return of 61.34%, while IXN has yielded a comparatively lower 24.76% 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%
IXN
- 1D
- 2.45%
- 1M
- 4.20%
- YTD
- 32.00%
- 6M
- 30.10%
- 1Y
- 61.63%
- 3Y*
- 33.24%
- 5Y*
- 21.65%
- 10Y*
- 24.76%
ETH-USD vs. IXN - 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% |
IXN iShares Global Tech ETF | 32.00% | 25.25% | 24.84% | 52.98% | -29.86% | 29.58% | 43.62% | 47.88% | -5.44% | 41.23% |
Correlation
The correlation between ETH-USD and IXN is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2015 | 0.18 |
Over the past year, ETH-USD and IXN have become more correlated (0.39) than their long-term average of 0.18, meaning their price movements have been converging.
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Return for Risk
ETH-USD vs. IXN — Risk / Return Rank
ETH-USD
IXN
ETH-USD vs. IXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ethereum (ETH-USD) and iShares Global Tech ETF (IXN). 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 | IXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -3.57 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.44 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 4.49 | -4.99 |
| Martin ratioReturn relative to average drawdown | -0.88 | 15.19 | -16.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ETH-USD | IXN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 2.65 | -3.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 0.87 | -0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 1.01 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.53 | +0.22 |
Drawdowns
ETH-USD vs. IXN - Drawdown Comparison
The maximum ETH-USD drawdown since its inception was -94.01%, which is greater than IXN's maximum drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for ETH-USD and IXN.
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Drawdown Indicators
| ETH-USD | IXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.01% | -55.67% | -38.34% |
Max Drawdown (1Y)Largest decline over 1 year | -67.53% | -13.80% | -53.73% |
Max Drawdown (3Y)Largest decline over 3 years | -67.53% | -25.55% | -41.98% |
Max Drawdown (5Y)Largest decline over 5 years | -79.35% | -36.30% | -43.05% |
Max Drawdown (10Y)Largest decline over 10 years | -94.01% | -36.30% | -57.71% |
Current DrawdownCurrent decline from peak | -65.60% | -7.44% | -58.16% |
Average DrawdownAverage peak-to-trough decline | -50.89% | -11.27% | -39.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.58% | 4.07% | +40.51% |
Volatility
ETH-USD vs. IXN - Volatility Comparison
Ethereum (ETH-USD) has a higher volatility of 16.88% compared to iShares Global Tech ETF (IXN) at 11.51%. This indicates that ETH-USD's price experiences larger fluctuations and is considered to be riskier than IXN 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 | IXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.88% | 11.51% | +5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 46.80% | 19.70% | +27.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.55% | 23.42% | +33.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.65% | 25.08% | +34.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.04% | 24.53% | +53.51% |
Frequently Asked Questions
ETH-USD and IXN have a correlation of 0.39, 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 IXN (11.51%). In terms of maximum drawdown, ETH-USD dropped -94.01% vs IXN's -55.67%.
IXN currently has the higher Sharpe Ratio (2.65 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.
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