ETH-USD vs. SPY
Compare and contrast key facts about Ethereum (ETH-USD) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETH-USD or SPY.
Performance
ETH-USD vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, ETH-USD achieves a 34.81% return, which is significantly higher than SPY's 24.40% return.
ETH-USD
34.81%
16.43%
0.12%
56.66%
76.92%
N/A
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| ETH-USD | SPY | |
|---|---|---|
| Sharpe Ratio | -0.43 | 2.64 |
| Sortino Ratio | -0.26 | 3.53 |
| Omega Ratio | 0.97 | 1.49 |
| Calmar Ratio | 0.00 | 3.81 |
| Martin Ratio | -1.04 | 17.21 |
| Ulcer Index | 27.64% | 1.86% |
| Daily Std Dev | 52.27% | 12.15% |
| Max Drawdown | -93.96% | -55.19% |
| Current Drawdown | -36.08% | -2.17% |
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Correlation
The correlation between ETH-USD and SPY is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
ETH-USD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ethereum (ETH-USD) and SPDR S&P 500 ETF (SPY). 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.
Drawdowns
ETH-USD vs. SPY - Drawdown Comparison
The maximum ETH-USD drawdown since its inception was -93.96%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ETH-USD and SPY. For additional features, visit the drawdowns tool.
Volatility
ETH-USD vs. SPY - Volatility Comparison
Ethereum (ETH-USD) has a higher volatility of 20.31% compared to SPDR S&P 500 ETF (SPY) at 4.03%. This indicates that ETH-USD's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.