ETHU vs. ILS

Last updated Aug 4, 2026

ETHU (Volatility Shares 2x Ether ETF) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - ETHU is a Leveraged Cryptocurrency fund actively managed by Volatility Shares, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. Both are actively managed. Over the past year, ETHU returned -84.67% vs 7.79% for ILS. Their -0.09 correlation means they have often moved in opposite directions in the past. ETHU charges 2.67%/yr vs 1.58%/yr for ILS.

Performance

ETHU vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares 2x Ether ETF (ETHU) and Brookmont Catastrophic Bond ETF (ILS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETHU achieves a -71.31% return, which is significantly lower than ILS's 3.55% return.

ETHU

• 1D: 0.13%
• 1M: 18.20%
• 6M: -49.62%
• YTD: -71.31%
• 1Y: -84.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -74.42%

ILS

• 1D: 0.05%
• 1M: 0.99%
• 6M: 3.01%
• YTD: 3.55%
• 1Y: 7.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ETHU Volatility Shares 2x Ether ETF	$84.08M	$87.05M	$93.41M
ILS Brookmont Catastrophic Bond ETF	$404.25K	$506.70K	$656.18K

ETHU vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
ETHU Volatility Shares 2x Ether ETF	-71.31%	50.24%
ILS Brookmont Catastrophic Bond ETF	3.55%	3.54%

Correlation

The correlation between ETHU and ILS is -0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.08
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	-0.09

Return for Risk

ETHU vs. ILS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ETHU

ETHU Risk / Return Rank: 3
ETHU Sharpe Ratio Rank: 4
ETHU Sortino Ratio Rank: 3
ETHU Omega Ratio Rank: 4
ETHU Calmar Ratio Rank: 1
ETHU Martin Ratio Rank: 3

ILS

ILS Risk / Return Rank: 97
ILS Sharpe Ratio Rank: 96
ILS Sortino Ratio Rank: 97
ILS Omega Ratio Rank: 97
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ETHU vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x Ether ETF (ETHU) and Brookmont Catastrophic Bond ETF (ILS). 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.

	ETHU	ILS	Difference
Sharpe ratio: Return per unit of total volatility	-0.63	3.17	-3.80
Sortino ratio: Return per unit of downside risk	-1.00	5.29	-6.28
Omega ratio: Gain probability vs. loss probability	0.89	1.74	-0.85
Calmar ratio: Return relative to maximum drawdown	-0.90	14.14	-15.04
Martin ratio: Return relative to average drawdown	-1.17	53.05	-54.22

ETHU vs. ILS - Sharpe Ratio Comparison

The current ETHU Sharpe Ratio is -0.63, which is lower than the ILS Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of ETHU and ILS, 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

ETHU vs. ILS - Drawdown Comparison

The maximum ETHU drawdown since its inception was -96.46%, which is greater than ILS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for ETHU and ILS.

Drawdown Indicators

	ETHU	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-96.46%	-2.46%	-94.00%
Max Drawdown (1Y) Largest decline over 1 year	-93.99%	-0.55%	-93.44%
Current Drawdown Current decline from peak	-95.03%	0.00%	-95.03%
Average Drawdown Average peak-to-trough decline	-71.24%	-0.50%	-70.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	72.32%	0.15%	+72.17%

Volatility

ETHU vs. ILS - Volatility Comparison

Volatility Shares 2x Ether ETF (ETHU) has a higher volatility of 24.02% compared to Brookmont Catastrophic Bond ETF (ILS) at 0.42%. This indicates that ETHU's price experiences larger fluctuations and is considered to be riskier than ILS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETHU	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.02%	0.42%	+23.60%
Volatility (6M) Calculated over the trailing 6-month period	92.91%	1.47%	+91.44%
Volatility (1Y) Calculated over the trailing 1-year period	134.85%	2.47%	+132.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	141.05%	3.64%	+137.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	141.05%	3.64%	+137.41%

ETHU vs. ILS - Expense Ratio Comparison

ETHU has a 2.67% expense ratio, which is higher than ILS's 1.58% expense ratio.

Dividends

ETHU vs. ILS - Dividend Comparison

ETHU's dividend yield for the trailing twelve months is around 4.49%, less than ILS's 8.13% yield.

Position	TTM	2025	2024
ETHU Volatility Shares 2x Ether ETF	4.49%	2.31%	0.41%
ILS Brookmont Catastrophic Bond ETF	8.13%	6.06%	0.00%

Frequently Asked Questions

Can I hold both ETHU and ILS in my portfolio?

ETHU and ILS have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETHU or ILS?

ETHU has higher volatility (24.02%) compared to ILS (0.42%). In terms of maximum drawdown, ETHU dropped -96.46% vs ILS's -2.46%.

Which ETF is better, ETHU or ILS?

On 1-year performance, ILS leads with 7.79% vs -84.67% for ETHU. On fees, ILS is cheaper at 1.58% per year. On volatility, ILS has been the lower-risk option at 0.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETHU or ILS?

Over the 1-year period, ILS has performed better with a 7.79% return vs -84.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETHU or ILS?

ILS is cheaper with a 1.58% expense ratio, compared with 2.67% for ETHU.

Which ETF pays a higher dividend yield, ETHU or ILS?

ILS has the higher dividend yield at 8.13%, compared with 4.49% for ETHU.

What is the main difference between ETHU and ILS?

ETHU is categorized as Leveraged Cryptocurrency, while ILS is Nontraditional Bonds. They also come from different issuers: Volatility Shares and Brookmont. Their fees differ too: 2.67% for ETHU and 1.58% for ILS.

Which has better risk-adjusted returns?

ILS currently has the higher Sharpe Ratio (3.17 vs -0.63), 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.