ETHA vs. QGRW

Last updated Jun 13, 2026

ETHA (iShares Ethereum Trust ETF) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - ETHA is a Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant, while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past year, ETHA returned -34.33% vs 29.61% for QGRW. A 0.52 correlation means they provide meaningful diversification when combined. ETHA charges 0.25%/yr vs 0.28%/yr for QGRW.

Performance

ETHA vs. QGRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Ethereum Trust ETF (ETHA) and WisdomTree U.S. Quality Growth Fund (QGRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETHA achieves a -43.96% return, which is significantly lower than QGRW's 10.35% return.

ETHA

• 1D: -1.02%
• 1M: -27.59%
• YTD: -43.96%
• 6M: -45.98%
• 1Y: -34.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QGRW

• 1D: 0.15%
• 1M: -2.31%
• YTD: 10.35%
• 6M: 11.58%
• 1Y: 29.61%
• 3Y*: 26.27%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETHA vs. QGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ETHA iShares Ethereum Trust ETF	-43.96%	-11.31%	-4.89%
QGRW WisdomTree U.S. Quality Growth Fund	10.35%	19.20%	9.46%

Correlation

The correlation between ETHA and QGRW is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024	0.52

The correlation between ETHA and QGRW has been stable across timeframes, ranging from 0.51 to 0.52 - a consistent structural relationship.

Return for Risk

ETHA vs. QGRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETHA

ETHA Risk / Return Rank: 5
ETHA Sharpe Ratio Rank: 5
ETHA Sortino Ratio Rank: 5
ETHA Omega Ratio Rank: 6
ETHA Calmar Ratio Rank: 5
ETHA Martin Ratio Rank: 5

QGRW

QGRW Risk / Return Rank: 47
QGRW Sharpe Ratio Rank: 50
QGRW Sortino Ratio Rank: 46
QGRW Omega Ratio Rank: 48
QGRW Calmar Ratio Rank: 41
QGRW Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ETHA vs. QGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Ethereum Trust ETF (ETHA) and WisdomTree U.S. Quality Growth Fund (QGRW). 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	QGRW	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	1.52	-2.08
Sortino ratio: Return per unit of downside risk	-0.51	2.06	-2.56
Omega ratio: Gain probability vs. loss probability	0.94	1.27	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.57	1.80	-2.37
Martin ratio: Return relative to average drawdown	-0.98	6.86	-7.84

ETHA vs. QGRW - Sharpe Ratio Comparison

The current ETHA Sharpe Ratio is -0.56, which is lower than the QGRW Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of ETHA and QGRW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETHA vs. QGRW - Drawdown Comparison

The maximum ETHA drawdown since its inception was -67.56%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for ETHA and QGRW.

Drawdown Indicators

	ETHA	QGRW	Difference
Max Drawdown Largest peak-to-trough decline	-67.56%	-24.40%	-43.16%
Max Drawdown (1Y) Largest decline over 1 year	-67.56%	-15.44%	-52.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.40%	—
Current Drawdown Current decline from peak	-65.65%	-5.67%	-59.98%
Average Drawdown Average peak-to-trough decline	-33.25%	-3.27%	-29.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.22%	4.04%	+35.18%

Volatility

ETHA vs. QGRW - Volatility Comparison

iShares Ethereum Trust ETF (ETHA) has a higher volatility of 17.30% compared to WisdomTree U.S. Quality Growth Fund (QGRW) at 7.09%. This indicates that ETHA's price experiences larger fluctuations and is considered to be riskier than QGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETHA	QGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.30%	7.09%	+10.21%
Volatility (6M) Calculated over the trailing 6-month period	46.58%	14.83%	+31.75%
Volatility (1Y) Calculated over the trailing 1-year period	69.29%	18.25%	+51.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.65%	21.20%	+51.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.65%	21.20%	+51.45%

ETHA vs. QGRW - Expense Ratio Comparison

ETHA has a 0.25% expense ratio, which is lower than QGRW's 0.28% expense ratio.

Dividends

ETHA vs. QGRW - Dividend Comparison

ETHA has not paid dividends to shareholders, while QGRW's dividend yield for the trailing twelve months is around 0.08%.

Position	TTM	2025	2024	2023
ETHA iShares Ethereum Trust ETF	0.00%	0.00%	0.00%	0.00%
QGRW WisdomTree U.S. Quality Growth Fund	0.08%	0.09%	0.14%	0.11%

Frequently Asked Questions

Can I hold both ETHA and QGRW in my portfolio?

ETHA and QGRW have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETHA or QGRW?

ETHA has higher volatility (17.30%) compared to QGRW (7.09%). In terms of maximum drawdown, ETHA dropped -67.56% vs QGRW's -24.40%.

Which ETF is better, ETHA or QGRW?

On 1-year performance, QGRW leads with 29.61% vs -34.33% for ETHA. On fees, ETHA is cheaper at 0.25% per year. On volatility, QGRW has been the lower-risk option at 7.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETHA or QGRW?

Over the 1-year period, QGRW has performed better with a 29.61% return vs -34.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETHA or QGRW?

ETHA is cheaper with a 0.25% expense ratio, compared with 0.28% for QGRW.

Which ETF pays a higher dividend yield, ETHA or QGRW?

QGRW has the higher dividend yield at 0.08%, compared with 0.00% for ETHA.

What is the main difference between ETHA and QGRW?

ETHA is categorized as Cryptocurrency, while QGRW is Large Cap Growth Equities. ETHA tracks CME CF Ether Dollar Reference Rate - New York Variant, while QGRW tracks WisdomTree U.S. Quality Growth Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for ETHA and 0.28% for QGRW.

Which has better risk-adjusted returns?

QGRW currently has the higher Sharpe Ratio (1.52 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.