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ETHB.DE vs. ETHA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ETHB.DE vs. ETHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Ethereum Staking ETP (ETHB.DE) and iShares Ethereum Trust ETF (ETHA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


ETHB.DE

1D
0.00%
1M
6M
YTD
1Y
3Y*
5Y*
10Y*
ALL TIME*

ETHA

1D
3.02%
1M
11.26%
6M
-42.40%
YTD
-36.11%
1Y
-46.77%
3Y*
5Y*
10Y*
ALL TIME*
-26.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ETHB.DE vs. ETHA - Yearly Performance Comparison


Correlation

The correlation between ETHB.DE and ETHA is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 29, 2026

0.75

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Return for Risk

ETHB.DE vs. ETHA — Risk / Return Rank

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

ETHB.DE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


ETHA
ETHA Risk / Return Rank: 44
Overall Rank
ETHA Sharpe Ratio Rank: 44
Sharpe Ratio Rank
ETHA Sortino Ratio Rank: 44
Sortino Ratio Rank
ETHA Omega Ratio Rank: 55
Omega Ratio Rank
ETHA Calmar Ratio Rank: 44
Calmar Ratio Rank
ETHA Martin Ratio Rank: 44
Martin Ratio Rank
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.

ETHB.DE vs. ETHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Ethereum Staking ETP (ETHB.DE) and iShares Ethereum Trust ETF (ETHA). 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.


ETHB.DEETHADifference
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

-1.07

ETHB.DE vs. ETHA - Sharpe Ratio Comparison


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Drawdowns

ETHB.DE vs. ETHA - Drawdown Comparison

The maximum ETHB.DE drawdown since its inception was -5.77%, smaller than the maximum ETHA drawdown of -67.91%. Use the drawdown chart below to compare losses from any high point for ETHB.DE and ETHA.


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Drawdown Indicators


ETHB.DEETHADifference

Max Drawdown

Largest peak-to-trough decline

-5.77%

-67.91%

+62.14%

Max Drawdown (1Y)

Largest decline over 1 year

-67.91%

Current Drawdown

Current decline from peak

-5.77%

-60.84%

+55.07%

Average Drawdown

Average peak-to-trough decline

-1.45%

-34.74%

+33.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

43.89%

Volatility

ETHB.DE vs. ETHA - Volatility Comparison


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Volatility by Period


ETHB.DEETHADifference

Volatility (1M)

Calculated over the trailing 1-month period

14.54%

Volatility (6M)

Calculated over the trailing 6-month period

47.30%

Volatility (1Y)

Calculated over the trailing 1-year period

45.04%

67.86%

-22.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

45.04%

71.99%

-26.95%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.04%

71.99%

-26.95%

ETHB.DE vs. ETHA - Expense Ratio Comparison

ETHB.DE has a 1.49% expense ratio, which is higher than ETHA's 0.25% expense ratio.


Dividends

ETHB.DE vs. ETHA - Dividend Comparison

Neither ETHB.DE nor ETHA has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


ETHB.DE and ETHA have a correlation of 0.75, 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 1.49% for ETHB.DE.

They also come from different issuers: 21Shares and iShares. Their fees differ too: 1.49% for ETHB.DE and 0.25% for ETHA.

Portfolio Optimizer

Find the right allocation for ETHB.DE and ETHA

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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