ETHE vs. ETCG
Compare and contrast key facts about Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Classic Trust (ETC) (ETCG).
ETHE and ETCG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETHE is a passively managed fund by Grayscale that tracks the performance of the CoinDesk Ether Price Index . It was launched on Dec 14, 2017. ETCG is a passively managed fund by Grayscale that tracks the performance of the Ethereum Classic (ETC). It was launched on Apr 24, 2017. Both ETHE and ETCG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ETHE vs. ETCG - Performance Comparison
Loading graphics...
ETHE vs. ETCG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ETHE Grayscale Ethereum Trust ETF | -28.06% | -13.03% | 44.14% | 308.40% | -85.29% | 108.77% | 441.75% | -57.08% |
ETCG Grayscale Ethereum Classic Trust (ETC) | -32.01% | -39.78% | -9.57% | 289.22% | -80.45% | 145.11% | -10.70% | -83.04% |
Returns By Period
In the year-to-date period, ETHE achieves a -28.06% return, which is significantly higher than ETCG's -32.01% return.
ETHE
- 1D
- 2.11%
- 1M
- 5.07%
- YTD
- -28.06%
- 6M
- -50.86%
- 1Y
- 10.20%
- 3Y*
- 26.95%
- 5Y*
- -1.42%
- 10Y*
- —
ETCG
- 1D
- 0.23%
- 1M
- -6.41%
- YTD
- -32.01%
- 6M
- -52.38%
- 1Y
- -41.04%
- 3Y*
- -13.86%
- 5Y*
- -19.05%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETHE vs. ETCG - Expense Ratio Comparison
Both ETHE and ETCG have an expense ratio of 2.50%.
Return for Risk
ETHE vs. ETCG — Risk / Return Rank
ETHE
ETCG
ETHE vs. ETCG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Classic Trust (ETC) (ETCG). 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.
| ETHE | ETCG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | -0.61 | +0.75 |
Sortino ratioReturn per unit of downside risk | 0.76 | -0.71 | +1.48 |
Omega ratioGain probability vs. loss probability | 1.09 | 0.92 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 0.25 | -0.65 | +0.89 |
Martin ratioReturn relative to average drawdown | 0.49 | -1.22 | +1.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ETHE | ETCG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | -0.61 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | -0.18 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | -0.18 | +0.26 |
Correlation
The correlation between ETHE and ETCG is 0.64, 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.
Dividends
ETHE vs. ETCG - Dividend Comparison
ETHE's dividend yield for the trailing twelve months is around 0.74%, while ETCG has not paid dividends to shareholders.
| TTM | |
|---|---|
ETHE Grayscale Ethereum Trust ETF | 0.74% |
ETCG Grayscale Ethereum Classic Trust (ETC) | 0.00% |
Drawdowns
ETHE vs. ETCG - Drawdown Comparison
The maximum ETHE drawdown since its inception was -96.26%, roughly equal to the maximum ETCG drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for ETHE and ETCG.
Loading graphics...
Drawdown Indicators
| ETHE | ETCG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.26% | -96.59% | +0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -61.89% | -65.16% | +3.27% |
Max Drawdown (5Y)Largest decline over 5 years | -89.85% | -96.59% | +6.74% |
Current DrawdownCurrent decline from peak | -72.79% | -95.08% | +22.29% |
Average DrawdownAverage peak-to-trough decline | -72.24% | -82.40% | +10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.81% | 34.71% | -3.90% |
Volatility
ETHE vs. ETCG - Volatility Comparison
Grayscale Ethereum Trust ETF (ETHE) has a higher volatility of 19.07% compared to Grayscale Ethereum Classic Trust (ETC) (ETCG) at 14.82%. This indicates that ETHE's price experiences larger fluctuations and is considered to be riskier than ETCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ETHE | ETCG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.07% | 14.82% | +4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 53.57% | 44.51% | +9.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.68% | 67.49% | +8.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.12% | 105.32% | -20.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 194.12% | 116.42% | +77.70% |