ETHB vs. BTC
ETHB (iShares Staked Ethereum Trust ETF) and BTC (Grayscale Bitcoin Mini Trust ETF) are both Cryptocurrency funds. ETHB is passively managed, while BTC is actively managed. Their correlation of 0.93 suggests significant overlap in exposure. ETHB charges 0.25%/yr vs 0.15%/yr for BTC.
Performance
ETHB vs. BTC - Performance Comparison
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Returns By Period
ETHB
- 1D
- 2.63%
- 1M
- 6.67%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTC
- 1D
- 1.11%
- 1M
- 0.57%
- 6M
- -29.22%
- YTD
- -27.01%
- 1Y
- -46.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETHB vs. BTC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ETHB iShares Staked Ethereum Trust ETF | -12.83% |
BTC Grayscale Bitcoin Mini Trust ETF | -9.56% |
Correlation
The correlation between ETHB and BTC is 0.93, 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 12, 2026 | 0.93 |
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Return for Risk
ETHB vs. BTC — Risk / Return Rank
ETHB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BTC
ETHB vs. BTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Staked Ethereum Trust ETF (ETHB) and Grayscale Bitcoin Mini Trust ETF (BTC). 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 | BTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.84 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.82 | — |
| Martin ratioReturn relative to average drawdown | — | -1.35 | — |
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Drawdowns
ETHB vs. BTC - Drawdown Comparison
The maximum ETHB drawdown since its inception was -35.92%, smaller than the maximum BTC drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for ETHB and BTC.
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Drawdown Indicators
| ETHB | BTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.92% | -53.30% | +17.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -53.30% | — |
Current DrawdownCurrent decline from peak | -26.18% | -49.13% | +22.95% |
Average DrawdownAverage peak-to-trough decline | -14.61% | -18.48% | +3.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 32.50% | — |
Volatility
ETHB vs. BTC - Volatility Comparison
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Volatility by Period
| ETHB | BTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 54.01% | 44.40% | +9.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.01% | 47.99% | +6.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.01% | 47.99% | +6.02% |
ETHB vs. BTC - Expense Ratio Comparison
ETHB has a 0.25% expense ratio, which is higher than BTC's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ETHB vs. BTC - Dividend Comparison
ETHB's dividend yield for the trailing twelve months is around 0.21%, while BTC has not paid dividends to shareholders.
| Position | TTM |
|---|---|
BTC Grayscale Bitcoin Mini Trust ETF | 0.00% |
ETHB iShares Staked Ethereum Trust ETF | 0.21% |
Frequently Asked Questions
With a correlation of 0.93, ETHB and BTC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, BTC is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTC is cheaper with a 0.15% expense ratio, compared with 0.25% for ETHB.
ETHB has the higher dividend yield at 0.21%, compared with 0.00% for BTC.
They also come from different issuers: iShares and Grayscale. Their fees differ too: 0.25% for ETHB and 0.15% for BTC.
Find the right allocation for ETHB and BTC
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