ETHV vs. FLTR
ETHV (VanEck Ethereum ETF) and FLTR (VanEck Vectors Investment Grade Floating Rate ETF) are both exchange-traded funds - ETHV is a Cryptocurrency fund tracking the MarketVector Ethereum Benchmark Rate, while FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. Both are passively managed. Over the past year, ETHV returned -32.55% vs 5.30% for FLTR. At a 0.14 correlation, their price movements are largely independent. ETHV charges 0.20%/yr vs 0.14%/yr for FLTR.
Performance
ETHV vs. FLTR - Performance Comparison
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Returns By Period
In the year-to-date period, ETHV achieves a -40.24% return, which is significantly lower than FLTR's 1.95% return.
ETHV
- 1D
- -1.33%
- 1M
- -25.17%
- YTD
- -40.24%
- 6M
- -43.60%
- 1Y
- -32.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLTR
- 1D
- 0.04%
- 1M
- 0.50%
- YTD
- 1.95%
- 6M
- 2.48%
- 1Y
- 5.30%
- 3Y*
- 6.10%
- 5Y*
- 4.50%
- 10Y*
- 3.50%
ETHV vs. FLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ETHV VanEck Ethereum ETF | -40.24% | -11.02% | -3.67% |
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 1.95% | 5.22% | 2.85% |
Correlation
The correlation between ETHV and FLTR is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 24, 2024 | 0.14 |
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Return for Risk
ETHV vs. FLTR — Risk / Return Rank
ETHV
FLTR
ETHV vs. FLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Ethereum ETF (ETHV) and VanEck Vectors Investment Grade Floating Rate ETF (FLTR). 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.
| ETHV | FLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.25 | ||
| Sortino ratioReturn per unit of downside risk | -13.12 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 3.15 | -2.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 16.96 | -17.48 |
| Martin ratioReturn relative to average drawdown | -0.86 | 101.22 | -102.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ETHV | FLTR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | 6.77 | -7.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 2.12 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.42 | 0.53 | -0.95 |
Drawdowns
ETHV vs. FLTR - Drawdown Comparison
The maximum ETHV drawdown since its inception was -64.02%, which is greater than FLTR's maximum drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for ETHV and FLTR.
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Drawdown Indicators
| ETHV | FLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.02% | -17.84% | -46.18% |
Max Drawdown (1Y)Largest decline over 1 year | -63.36% | -0.31% | -63.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -3.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.84% | — |
Current DrawdownCurrent decline from peak | -63.36% | 0.00% | -63.36% |
Average DrawdownAverage peak-to-trough decline | -32.71% | -0.67% | -32.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.95% | 0.05% | +37.90% |
Volatility
ETHV vs. FLTR - Volatility Comparison
VanEck Ethereum ETF (ETHV) has a higher volatility of 9.71% compared to VanEck Vectors Investment Grade Floating Rate ETF (FLTR) at 0.25%. This indicates that ETHV's price experiences larger fluctuations and is considered to be riskier than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETHV | FLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.71% | 0.25% | +9.46% |
Volatility (6M)Calculated over the trailing 6-month period | 45.31% | 0.62% | +44.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.34% | 0.79% | +67.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.23% | 2.13% | +70.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.23% | 5.00% | +67.23% |
ETHV vs. FLTR - Expense Ratio Comparison
ETHV has a 0.20% expense ratio, which is higher than FLTR's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ETHV vs. FLTR - Dividend Comparison
ETHV has not paid dividends to shareholders, while FLTR's dividend yield for the trailing twelve months is around 4.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHV VanEck Ethereum ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLTR VanEck Vectors Investment Grade Floating Rate ETF | 4.73% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
Frequently Asked Questions
ETHV and FLTR have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETHV has higher volatility (9.71%) compared to FLTR (0.25%). In terms of maximum drawdown, ETHV dropped -64.02% vs FLTR's -17.84%.
On 1-year performance, FLTR leads with 5.30% vs -32.55% for ETHV. On fees, FLTR is cheaper at 0.14% per year. On volatility, FLTR has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, FLTR has performed better with a 5.30% return vs -32.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FLTR is cheaper with a 0.14% expense ratio, compared with 0.20% for ETHV.
FLTR has the higher dividend yield at 4.73%, compared with 0.00% for ETHV.
ETHV is categorized as Cryptocurrency, while FLTR is Corporate Bonds. ETHV tracks MarketVector Ethereum Benchmark Rate, while FLTR tracks MVIS US Investment Grade Floating Rate Index. Their fees differ too: 0.20% for ETHV and 0.14% for FLTR.
FLTR currently has the higher Sharpe Ratio (6.77 vs -0.48), 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.
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