ETHA vs. BFOC
ETHA (iShares Ethereum Trust ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - ETHA is a Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant, while BFOC is a Defined Outcome fund actively managed by First Trust. ETHA is passively managed, while BFOC is actively managed. Their correlation of 0.82 means they have usually moved in the same direction. ETHA charges 0.25%/yr vs 0.90%/yr for BFOC.
Performance
ETHA vs. BFOC - Performance Comparison
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Returns By Period
In the year-to-date period, ETHA achieves a -37.09% return, which is significantly lower than BFOC's -6.79% return.
ETHA
- 1D
- 0.28%
- 1M
- 9.72%
- 6M
- -19.37%
- YTD
- -37.09%
- 1Y
- -46.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -26.83%
BFOC
- 1D
- 0.73%
- 1M
- 0.12%
- 6M
- -4.12%
- YTD
- -6.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $40.00K | $49.38K | $63.64K | |
| $446.17M | $410.98M | $410.24M |
ETHA vs. BFOC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ETHA iShares Ethereum Trust ETF | -37.09% | -28.82% |
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October | -6.79% | -9.75% |
Correlation
The correlation between ETHA and BFOC is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.82 |
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Return for Risk
ETHA vs. BFOC — Risk / Return Rank
ETHA
BFOC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ETHA vs. BFOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Ethereum Trust ETF (ETHA) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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.
| ETHA | BFOC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.91 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | — | — |
| Martin ratioReturn relative to average drawdown | -1.03 | — | — |
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Drawdowns
ETHA vs. BFOC - Drawdown Comparison
The maximum ETHA drawdown since its inception was -67.91%, which is greater than BFOC's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for ETHA and BFOC.
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Drawdown Indicators
| ETHA | BFOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.91% | -18.41% | -49.50% |
Max Drawdown (1Y)Largest decline over 1 year | -67.91% | — | — |
Current DrawdownCurrent decline from peak | -61.44% | -17.67% | -43.77% |
Average DrawdownAverage peak-to-trough decline | -35.25% | -13.52% | -21.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.53% | — | — |
Volatility
ETHA vs. BFOC - Volatility Comparison
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Volatility by Period
| ETHA | BFOC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.55% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 45.91% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 67.32% | 11.69% | +55.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.46% | 11.69% | +59.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.46% | 11.69% | +59.77% |
ETHA vs. BFOC - Expense Ratio Comparison
ETHA has a 0.25% expense ratio, which is lower than BFOC's 0.90% expense ratio.
Dividends
ETHA vs. BFOC - Dividend Comparison
Neither ETHA nor BFOC has paid dividends to shareholders.
Frequently Asked Questions
ETHA and BFOC have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETHA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETHA is cheaper with a 0.25% expense ratio, compared with 0.90% for BFOC.
ETHA and BFOC have nearly identical dividend yields, around 0.00%.
ETHA is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.25% for ETHA and 0.90% for BFOC.
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