ETHB vs. ETHA

Last updated Jun 4, 2026

ETHB (iShares Staked Ethereum Trust ETF) and ETHA (iShares Ethereum Trust ETF) are both Cryptocurrency funds from iShares tracking the CME CF Ether Dollar Reference Rate - New York Variant. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. Both charge a 0.25% expense ratio.

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.

Returns By Period

ETHB

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

ETHA

• 1D: -5.56%
• 1M: -23.58%
• YTD: -39.46%
• 6M: -42.75%
• 1Y: -31.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHB vs. ETHA - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-13.09%
ETHA iShares Ethereum Trust ETF	-13.12%

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 13, 2026	1.00

Return for Risk

ETHB vs. ETHA — 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: 5
ETHA Calmar Ratio Rank: 4
ETHA Martin Ratio Rank: 5

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.

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

Sharpe Ratios by Period

	ETHB	ETHA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-0.41	-0.57

Drawdowns

ETHB vs. ETHA - Drawdown Comparison

The maximum ETHB drawdown since its inception was -25.90%, smaller than the maximum ETHA drawdown of -64.02%. Use the drawdown chart below to compare losses from any high point for ETHB and ETHA.

Drawdown Indicators

	ETHB	ETHA	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-64.02%	+38.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-62.89%	—
Current Drawdown Current decline from peak	-25.90%	-62.89%	+36.99%
Average Drawdown Average peak-to-trough decline	-7.89%	-32.65%	+24.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.73%	—

Volatility

Volatility by Period

	ETHB	ETHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	47.62%	68.61%	-20.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.62%	72.53%	-24.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.62%	72.53%	-24.91%

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

Neither ETHB nor ETHA has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETHB and ETHA in my portfolio?

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.

Which ETF is better, ETHB or ETHA?

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

Which ETF is cheaper, ETHB or ETHA?

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

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

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

What is the main difference between ETHB and ETHA?

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