ETHE.SW vs. IBIT
Compare and contrast key facts about CoinShares Physical Ethereum (ETH) (ETHE.SW) and iShares Bitcoin Trust (IBIT).
ETHE.SW and IBIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETHE.SW is an actively managed fund by CoinShares. It was launched on Feb 23, 2021. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETHE.SW or IBIT.
Performance
ETHE.SW vs. IBIT - Performance Comparison
Returns By Period
ETHE.SW
37.06%
17.76%
-2.58%
52.22%
N/A
N/A
IBIT
N/A
35.12%
36.18%
N/A
N/A
N/A
Key characteristics
| ETHE.SW | IBIT | |
|---|---|---|
| Daily Std Dev | 65.09% | 57.98% |
| Max Drawdown | -70.97% | -27.51% |
| Current Drawdown | -24.65% | 0.00% |
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ETHE.SW vs. IBIT - Expense Ratio Comparison
ETHE.SW has a 0.00% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between ETHE.SW and IBIT is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
ETHE.SW vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Ethereum (ETH) (ETHE.SW) and iShares Bitcoin Trust (IBIT). 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.
Not enough dataDividends
ETHE.SW vs. IBIT - Dividend Comparison
Neither ETHE.SW nor IBIT has paid dividends to shareholders.
Drawdowns
ETHE.SW vs. IBIT - Drawdown Comparison
The maximum ETHE.SW drawdown since its inception was -70.97%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for ETHE.SW and IBIT. For additional features, visit the drawdowns tool.
Volatility
ETHE.SW vs. IBIT - Volatility Comparison
CoinShares Physical Ethereum (ETH) (ETHE.SW) has a higher volatility of 20.26% compared to iShares Bitcoin Trust (IBIT) at 18.50%. This indicates that ETHE.SW's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.