ETHB vs. BFOC

Last updated Jun 4, 2026

ETHB (iShares Staked Ethereum Trust ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - ETHB 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. ETHB is passively managed, while BFOC is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. ETHB charges 0.25%/yr vs 0.90%/yr for BFOC.

Performance

ETHB vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Staked Ethereum Trust ETF (ETHB) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETHB

• 1D: -5.62%
• 1M: -23.55%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHB vs. BFOC - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-13.09%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-2.43%

Correlation

The correlation between ETHB and BFOC is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	0.81

Return for Risk

ETHB vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Staked Ethereum Trust ETF (ETHB) 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.

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

Sharpe Ratios by Period

	ETHB	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-1.88	+0.90

Drawdowns

ETHB vs. BFOC - Drawdown Comparison

The maximum ETHB drawdown since its inception was -25.90%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for ETHB and BFOC.

Drawdown Indicators

	ETHB	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-18.20%	-7.70%
Current Drawdown Current decline from peak	-25.90%	-18.20%	-7.70%
Average Drawdown Average peak-to-trough decline	-7.89%	-12.52%	+4.63%

Volatility

Volatility by Period

	ETHB	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	47.62%	12.61%	+35.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.62%	12.61%	+35.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.62%	12.61%	+35.01%

ETHB vs. BFOC - Expense Ratio Comparison

ETHB has a 0.25% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

ETHB vs. BFOC - Dividend Comparison

Neither ETHB nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETHB and BFOC in my portfolio?

ETHB and BFOC have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETHB or BFOC?

On fees, ETHB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETHB or BFOC?

ETHB is cheaper with a 0.25% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, ETHB or BFOC?

ETHB and BFOC have nearly identical dividend yields, around 0.00%.

What is the main difference between ETHB and BFOC?

ETHB 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 ETHB and 0.90% for BFOC.