ETHA vs. BRK-B
ETHA (iShares Ethereum Trust ETF) is Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past year, ETHA returned -34.33% vs 0.35% for BRK-B. At a 0.03 correlation, their price movements are largely independent.
Performance
ETHA vs. BRK-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETHA achieves a -43.96% return, which is significantly lower than BRK-B's -2.67% return.
ETHA
- 1D
- -1.02%
- 1M
- -27.59%
- YTD
- -43.96%
- 6M
- -45.98%
- 1Y
- -34.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRK-B
- 1D
- 0.71%
- 1M
- 1.07%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- 0.35%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
ETHA vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETHA iShares Ethereum Trust ETF | -43.96% | -11.31% | -4.89% |
BRK-B Berkshire Hathaway Inc. | -2.67% | 10.89% | 3.97% |
Correlation
The correlation between ETHA and BRK-B is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.03 |
The correlation between ETHA and BRK-B shifts across timeframes, from -0.14 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.
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 vs. BRK-B — Risk / Return Rank
ETHA
BRK-B
ETHA vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Ethereum Trust ETF (ETHA) and Berkshire Hathaway Inc. (BRK-B). 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 | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.01 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | -0.02 | -0.55 |
| Martin ratioReturn relative to average drawdown | -0.98 | -0.05 | -0.93 |
Loading charts...
Drawdowns
ETHA vs. BRK-B - Drawdown Comparison
The maximum ETHA drawdown since its inception was -67.56%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for ETHA and BRK-B.
Loading charts...
Drawdown Indicators
| ETHA | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.56% | -53.86% | -13.70% |
Max Drawdown (1Y)Largest decline over 1 year | -67.56% | -9.42% | -58.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.95% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -65.65% | -9.36% | -56.29% |
Average DrawdownAverage peak-to-trough decline | -33.25% | -11.07% | -22.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.22% | 4.53% | +34.69% |
Volatility
ETHA vs. BRK-B - Volatility Comparison
iShares Ethereum Trust ETF (ETHA) has a higher volatility of 17.30% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that ETHA's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETHA | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.30% | 3.95% | +13.35% |
Volatility (6M)Calculated over the trailing 6-month period | 46.58% | 10.78% | +35.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.29% | 14.38% | +54.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.65% | 17.12% | +55.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.65% | 19.44% | +53.21% |
Dividends
ETHA vs. BRK-B - Dividend Comparison
Neither ETHA nor BRK-B has paid dividends to shareholders.
Frequently Asked Questions
ETHA and BRK-B 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.
ETHA has higher volatility (17.30%) compared to BRK-B (3.95%). In terms of maximum drawdown, ETHA dropped -67.56% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (-0.02 vs -0.56), 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 ETHA and BRK-B
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