EXCS.L vs. ETH-USD
EXCS.L (iShares MSCI EM ex-China UCITS ETF USD (Acc)) is Emerging Markets Equities fund tracking the MSCI EM NR USD, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 3 years, EXCS.L returned 23.24%/yr vs -5.24%/yr for ETH-USD. At a 0.19 correlation, their price movements are largely independent.
Performance
EXCS.L vs. ETH-USD - Performance Comparison
Loading charts...
Different Trading Currencies
EXCS.L is traded in GBP, while ETH-USD is traded in USD. To make them comparable, the ETH-USD values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, EXCS.L achieves a 33.01% return, which is significantly higher than ETH-USD's -43.44% return.
EXCS.L
- 1D
- 0.44%
- 1M
- 0.74%
- YTD
- 33.01%
- 6M
- 35.91%
- 1Y
- 64.27%
- 3Y*
- 23.24%
- 5Y*
- —
- 10Y*
- —
ETH-USD
- 1D
- -1.66%
- 1M
- -26.41%
- YTD
- -43.44%
- 6M
- -46.90%
- 1Y
- -32.84%
- 3Y*
- -5.24%
- 5Y*
- -7.61%
- 10Y*
- 62.41%
EXCS.L vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EXCS.L iShares MSCI EM ex-China UCITS ETF USD (Acc) | 33.01% | 26.23% | 5.43% | 11.04% | -8.40% | -25.31% |
ETH-USD Ethereum | -43.44% | -17.26% | 47.37% | 82.17% | -63.50% | -15.07% |
Correlation
The correlation between EXCS.L and ETH-USD is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2021 | 0.19 |
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
EXCS.L vs. ETH-USD — Risk / Return Rank
EXCS.L
ETH-USD
EXCS.L vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.L) and Ethereum (ETH-USD). 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.
| EXCS.L | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.77 | ||
| Sortino ratioReturn per unit of downside risk | +4.40 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 0.96 | +0.64 |
| Calmar ratioReturn relative to maximum drawdown | 5.44 | -0.49 | +5.93 |
| Martin ratioReturn relative to average drawdown | 19.54 | -0.86 | +20.40 |
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 charts...
Sharpe Ratios by Period
| EXCS.L | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.28 | -0.49 | +3.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.11 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.66 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.76 | -0.48 |
Drawdowns
EXCS.L vs. ETH-USD - Drawdown Comparison
The maximum EXCS.L drawdown since its inception was -35.01%, smaller than the maximum ETH-USD drawdown of -93.08%. Use the drawdown chart below to compare losses from any high point for EXCS.L and ETH-USD.
Loading charts...
Drawdown Indicators
| EXCS.L | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.01% | -93.08% | +58.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.76% | -66.80% | +55.04% |
Max Drawdown (3Y)Largest decline over 3 years | -21.79% | -66.80% | +45.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -93.08% | — |
Current DrawdownCurrent decline from peak | -6.42% | -65.15% | +58.73% |
Average DrawdownAverage peak-to-trough decline | -21.03% | -48.56% | +27.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 44.32% | -41.04% |
Volatility
EXCS.L vs. ETH-USD - Volatility Comparison
The current volatility for iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.L) is 9.64%, while Ethereum (ETH-USD) has a volatility of 16.35%. This indicates that EXCS.L experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXCS.L | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.64% | 16.35% | -6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 17.19% | 46.86% | -29.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.54% | 55.63% | -36.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.21% | 58.85% | -34.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.21% | 78.69% | -54.48% |
Frequently Asked Questions
EXCS.L and ETH-USD have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EXCS.L and ETH-USD
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