ETHT vs. BMNR
ETHT (ProShares Ultra Ether ETF) is Cryptocurrency fund tracking the Bloomberg Ethereum Index, while BMNR (BitMine Immersion Technologies, Inc.) is a stock. Over the past year, ETHT returned -85.62% vs -45.44% for BMNR. Their 0.72 correlation means they have sometimes moved together and sometimes differently.
Performance
ETHT vs. BMNR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ETHT achieves a -73.01% return, which is significantly lower than BMNR's -36.35% return.
ETHT
- 1D
- -6.05%
- 1M
- 16.78%
- 6M
- -64.86%
- YTD
- -73.01%
- 1Y
- -85.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -74.84%
BMNR
- 1D
- -4.42%
- 1M
- 20.33%
- 6M
- -31.16%
- YTD
- -36.35%
- 1Y
- -45.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 112.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $649.87M | $588.80M | $654.98M | |
| $15.50M | $16.35M | $20.04M |
ETHT vs. BMNR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ETHT ProShares Ultra Ether ETF | -73.01% | -14.35% |
BMNR BitMine Immersion Technologies, Inc. | -36.35% | 274.59% |
Correlation
The correlation between ETHT and BMNR is 0.86, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025 | 0.72 |
The correlation between ETHT and BMNR shifts across timeframes, from 0.72 (all time) to 0.86 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ETHT vs. BMNR — Risk / Return Rank
ETHT
BMNR
ETHT vs. BMNR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Ether ETF (ETHT) and BitMine Immersion Technologies, Inc. (BMNR). 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 | BMNR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.97 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | -0.64 | -0.29 |
| Martin ratioReturn relative to average drawdown | -1.21 | -0.90 | -0.31 |
Loading charts...
Drawdowns
ETHT vs. BMNR - Drawdown Comparison
The maximum ETHT drawdown since its inception was -96.25%, which is greater than BMNR's maximum drawdown of -90.14%. Use the drawdown chart below to compare losses from any high point for ETHT and BMNR.
Loading charts...
Drawdown Indicators
| ETHT | BMNR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.25% | -90.14% | -6.11% |
Max Drawdown (1Y)Largest decline over 1 year | -94.27% | -78.94% | -15.33% |
Current DrawdownCurrent decline from peak | -94.83% | -87.20% | -7.63% |
Average DrawdownAverage peak-to-trough decline | -69.06% | -72.84% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 72.31% | 55.66% | +16.65% |
Volatility
ETHT vs. BMNR - Volatility Comparison
ProShares Ultra Ether ETF (ETHT) and BitMine Immersion Technologies, Inc. (BMNR) have volatilities of 25.98% and 25.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ETHT | BMNR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.98% | 25.80% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 92.64% | 59.75% | +32.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 134.08% | 99.30% | +34.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 141.09% | 669.63% | -528.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 141.09% | 669.63% | -528.54% |
Dividends
ETHT vs. BMNR - Dividend Comparison
ETHT's dividend yield for the trailing twelve months is around 17.73%, more than BMNR's 0.06% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BMNR BitMine Immersion Technologies, Inc. | 0.06% | 0.04% | 0.00% |
ETHT ProShares Ultra Ether ETF | 17.73% | 4.57% | 0.02% |
Frequently Asked Questions
ETHT and BMNR have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETHT has higher volatility (25.98%) compared to BMNR (25.80%). In terms of maximum drawdown, ETHT dropped -96.25% vs BMNR's -90.14%.
BMNR currently has the higher Sharpe Ratio (-0.51 vs -0.65), 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.
Find the right allocation for ETHT and BMNR
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