ETHT vs. BAMU

Last updated Jun 23, 2026

ETHT (ProShares Ultra Ether ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - ETHT is a Cryptocurrency fund tracking the Bloomberg Ethereum Index (200%), while BAMU is a Ultrashort Bond fund actively managed by Brookstone. ETHT is passively managed, while BAMU is actively managed. Over the past year, ETHT returned -74.56% vs 2.91% for BAMU. At a correlation of -0.01, they often move in opposite directions. ETHT charges 0.94%/yr vs 1.09%/yr for BAMU.

Performance

ETHT vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Ether ETF (ETHT) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETHT achieves a -75.59% return, which is significantly lower than BAMU's 1.18% return.

ETHT

• 1D: 3.16%
• 1M: -33.42%
• YTD: -75.59%
• 6M: -75.81%
• 1Y: -74.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.23%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHT vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ETHT ProShares Ultra Ether ETF	-75.59%	-64.86%	-45.44%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	2.34%

Correlation

The correlation between ETHT and BAMU is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Jun 7, 2024	-0.01

Return for Risk

ETHT vs. BAMU — Risk / Return Rank

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

ETHT

ETHT Risk / Return Rank: 4
ETHT Sharpe Ratio Rank: 4
ETHT Sortino Ratio Rank: 5
ETHT Omega Ratio Rank: 5
ETHT Calmar Ratio Rank: 2
ETHT Martin Ratio Rank: 3

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

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.

ETHT vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Ether ETF (ETHT) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

	ETHT	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	-0.54	5.01	-5.55
Sortino ratio: Return per unit of downside risk	-0.43	8.84	-9.27
Omega ratio: Gain probability vs. loss probability	0.95	2.43	-1.48
Calmar ratio: Return relative to maximum drawdown	-0.80	24.72	-25.51
Martin ratio: Return relative to average drawdown	-1.14	97.90	-99.03

ETHT vs. BAMU - Sharpe Ratio Comparison

The current ETHT Sharpe Ratio is -0.54, which is lower than the BAMU Sharpe Ratio of 5.01. The chart below compares the historical Sharpe Ratios of ETHT and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ETHT vs. BAMU - Drawdown Comparison

The maximum ETHT drawdown since its inception was -96.02%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for ETHT and BAMU.

Drawdown Indicators

	ETHT	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-96.02%	-0.36%	-95.66%
Max Drawdown (1Y) Largest decline over 1 year	-93.92%	-0.12%	-93.80%
Current Drawdown Current decline from peak	-95.32%	0.00%	-95.32%
Average Drawdown Average peak-to-trough decline	-67.63%	-0.02%	-67.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	65.41%	0.03%	+65.38%

Volatility

ETHT vs. BAMU - Volatility Comparison

ProShares Ultra Ether ETF (ETHT) has a higher volatility of 39.52% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that ETHT's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETHT	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.52%	0.09%	+39.43%
Volatility (6M) Calculated over the trailing 6-month period	94.60%	0.40%	+94.20%
Volatility (1Y) Calculated over the trailing 1-year period	137.92%	0.58%	+137.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	143.23%	0.87%	+142.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	143.23%	0.87%	+142.36%

ETHT vs. BAMU - Expense Ratio Comparison

ETHT has a 0.94% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

ETHT vs. BAMU - Dividend Comparison

ETHT's dividend yield for the trailing twelve months is around 19.46%, more than BAMU's 3.05% yield.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%
ETHT ProShares Ultra Ether ETF	19.46%	4.57%	0.02%	0.00%

Frequently Asked Questions

Can I hold both ETHT and BAMU in my portfolio?

ETHT and BAMU have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETHT or BAMU?

ETHT has higher volatility (39.52%) compared to BAMU (0.09%). In terms of maximum drawdown, ETHT dropped -96.02% vs BAMU's -0.36%.

Which ETF is better, ETHT or BAMU?

On 1-year performance, BAMU leads with 2.91% vs -74.56% for ETHT. On fees, ETHT is cheaper at 0.94% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETHT or BAMU?

Over the 1-year period, BAMU has performed better with a 2.91% return vs -74.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETHT or BAMU?

ETHT is cheaper with a 0.94% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, ETHT or BAMU?

ETHT has the higher dividend yield at 19.46%, compared with 3.05% for BAMU.

What is the main difference between ETHT and BAMU?

ETHT is categorized as Cryptocurrency, while BAMU is Ultrashort Bond. They also come from different issuers: ProShares and Brookstone. Their fees differ too: 0.94% for ETHT and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (5.01 vs -0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.