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ETHB vs. ETHA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ETHB vs. ETHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Staked Ethereum Trust ETF (ETHB) 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

1D
2.63%
1M
6.67%
6M
YTD
1Y
3Y*
5Y*
10Y*

ETHA

1D
2.58%
1M
6.54%
6M
-41.66%
YTD
-39.68%
1Y
-40.66%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ETHB vs. ETHA - Yearly Performance Comparison


Correlation

The correlation between ETHB and ETHA is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.


Correlation
Correlation (All Time)
Calculated using the full available price history since Mar 12, 2026

1.00

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Return for Risk

ETHB vs. ETHA — Risk / Return Rank

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

ETHB

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


ETHA
ETHA Risk / Return Rank: 55
Overall Rank
ETHA Sharpe Ratio Rank: 55
Sharpe Ratio Rank
ETHA Sortino Ratio Rank: 55
Sortino Ratio Rank
ETHA Omega Ratio Rank: 66
Omega Ratio Rank
ETHA Calmar Ratio Rank: 55
Calmar Ratio Rank
ETHA Martin Ratio Rank: 55
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 vs. ETHA - Risk-Adjusted Trends Comparison

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


ETHBETHADifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.95

Calmar ratioReturn relative to maximum drawdown

-0.54

Martin ratioReturn relative to average drawdown

-0.86

ETHB vs. ETHA - Sharpe Ratio Comparison


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Drawdowns

ETHB vs. ETHA - Drawdown Comparison

The maximum ETHB drawdown since its inception was -35.92%, smaller than the maximum ETHA drawdown of -67.91%. Use the drawdown chart below to compare losses from any high point for ETHB and ETHA.


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Drawdown Indicators


ETHBETHADifference

Max Drawdown

Largest peak-to-trough decline

-35.92%

-67.91%

+31.99%

Max Drawdown (1Y)

Largest decline over 1 year

-67.91%

Current Drawdown

Current decline from peak

-26.18%

-63.02%

+36.84%

Average Drawdown

Average peak-to-trough decline

-14.61%

-34.41%

+19.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

42.85%

Volatility

ETHB vs. ETHA - Volatility Comparison


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Volatility by Period


ETHBETHADifference

Volatility (1M)

Calculated over the trailing 1-month period

16.32%

Volatility (6M)

Calculated over the trailing 6-month period

47.21%

Volatility (1Y)

Calculated over the trailing 1-year period

54.01%

68.73%

-14.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

54.01%

72.21%

-18.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

54.01%

72.21%

-18.20%

ETHB vs. ETHA - Expense Ratio Comparison

Both ETHB and ETHA have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

ETHB vs. ETHA - Dividend Comparison

ETHB's dividend yield for the trailing twelve months is around 0.21%, while ETHA has not paid dividends to shareholders.


Frequently Asked Questions


With a correlation of 1.00, ETHB and ETHA 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.

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

ETHB and ETHA have the same expense ratio: 0.25% per year.

ETHB has the higher dividend yield at 0.21%, compared with 0.00% for ETHA.

Both ETFs track CME CF Ether Dollar Reference Rate - New York Variant.

Portfolio Optimizer

Find the right allocation for ETHB 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.

Open Portfolio Optimizer