ETHA.DE vs. IMAE.AS
ETHA.DE (21Shares Ethereum Staking ETP) and IMAE.AS (iShares Core MSCI Europe UCITS ETF EUR (Acc)) are both exchange-traded funds - ETHA.DE is a Cryptocurrency fund actively managed by 21Shares, while IMAE.AS is a Europe Equities fund tracking the MSCI Europe NR EUR. ETHA.DE is actively managed, while IMAE.AS is passively managed. Over the past 5 years, ETHA.DE returned -6.03%/yr vs 9.96%/yr for IMAE.AS. At a 0.33 correlation, their price movements are largely independent. ETHA.DE charges 1.49%/yr vs 0.20%/yr for IMAE.AS.
Performance
ETHA.DE vs. IMAE.AS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETHA.DE achieves a -39.59% return, which is significantly lower than IMAE.AS's 7.51% return.
ETHA.DE
- 1D
- -3.89%
- 1M
- -23.90%
- YTD
- -39.59%
- 6M
- -41.48%
- 1Y
- -32.56%
- 3Y*
- -4.07%
- 5Y*
- -6.03%
- 10Y*
- —
IMAE.AS
- 1D
- 0.53%
- 1M
- 1.13%
- YTD
- 7.51%
- 6M
- 9.86%
- 1Y
- 15.97%
- 3Y*
- 13.66%
- 5Y*
- 9.96%
- 10Y*
- 9.17%
ETHA.DE vs. IMAE.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ETHA.DE 21Shares Ethereum Staking ETP | -39.59% | -22.34% | 52.23% | 90.31% | -66.47% | 111.78% |
IMAE.AS iShares Core MSCI Europe UCITS ETF EUR (Acc) | 7.51% | 19.74% | 8.89% | 15.99% | -9.31% | 18.72% |
Correlation
The correlation between ETHA.DE and IMAE.AS is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2021 | 0.33 |
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
ETHA.DE vs. IMAE.AS — Risk / Return Rank
ETHA.DE
IMAE.AS
ETHA.DE vs. IMAE.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Ethereum Staking ETP (ETHA.DE) and iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS). 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.
| ETHA.DE | IMAE.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.24 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 1.68 | -2.23 |
| Martin ratioReturn relative to average drawdown | -0.94 | 6.22 | -7.16 |
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
| ETHA.DE | IMAE.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.57 | 1.25 | -1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.69 | -0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.53 | -0.54 |
Drawdowns
ETHA.DE vs. IMAE.AS - Drawdown Comparison
The maximum ETHA.DE drawdown since its inception was -76.82%, which is greater than IMAE.AS's maximum drawdown of -35.60%. Use the drawdown chart below to compare losses from any high point for ETHA.DE and IMAE.AS.
Loading charts...
Drawdown Indicators
| ETHA.DE | IMAE.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.82% | -35.60% | -41.22% |
Max Drawdown (1Y)Largest decline over 1 year | -61.72% | -9.47% | -52.25% |
Max Drawdown (3Y)Largest decline over 3 years | -64.71% | -16.51% | -48.20% |
Max Drawdown (5Y)Largest decline over 5 years | -76.82% | -19.44% | -57.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.60% | — |
Current DrawdownCurrent decline from peak | -64.41% | -1.69% | -62.72% |
Average DrawdownAverage peak-to-trough decline | -43.74% | -5.32% | -38.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.35% | 2.56% | +33.79% |
Volatility
ETHA.DE vs. IMAE.AS - Volatility Comparison
21Shares Ethereum Staking ETP (ETHA.DE) has a higher volatility of 10.14% compared to iShares Core MSCI Europe UCITS ETF EUR (Acc) (IMAE.AS) at 4.39%. This indicates that ETHA.DE's price experiences larger fluctuations and is considered to be riskier than IMAE.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETHA.DE | IMAE.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.14% | 4.39% | +5.75% |
Volatility (6M)Calculated over the trailing 6-month period | 42.04% | 10.62% | +31.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.62% | 12.76% | +46.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.07% | 14.15% | +52.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.50% | 15.54% | +53.96% |
ETHA.DE vs. IMAE.AS - Expense Ratio Comparison
ETHA.DE has a 1.49% expense ratio, which is higher than IMAE.AS's 0.20% expense ratio.
Dividends
ETHA.DE vs. IMAE.AS - Dividend Comparison
Neither ETHA.DE nor IMAE.AS has paid dividends to shareholders.
Frequently Asked Questions
ETHA.DE and IMAE.AS have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMAE.AS is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMAE.AS is cheaper with a 0.20% expense ratio, compared with 1.49% for ETHA.DE.
ETHA.DE is categorized as Cryptocurrency, while IMAE.AS is Europe Equities. They also come from different issuers: 21Shares and iShares. Their fees differ too: 1.49% for ETHA.DE and 0.20% for IMAE.AS.
Find the right allocation for ETHA.DE and IMAE.AS
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