FETH vs. AETH
Compare and contrast key facts about Fidelity Ethereum Fund (FETH) and Bitwise Ethereum Strategy ETF (AETH).
FETH and AETH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FETH is a passively managed fund by Fidelity that tracks the performance of the Fidelity Ethereum Reference Rate Index. It was launched on Jul 22, 2024. AETH is an actively managed fund by Bitwise. It was launched on Sep 29, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FETH or AETH.
Correlation
The correlation between FETH and AETH is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FETH vs. AETH - Performance Comparison
Key characteristics
FETH:
73.78%
AETH:
63.30%
FETH:
-36.39%
AETH:
-47.78%
FETH:
-32.28%
AETH:
-31.45%
Returns By Period
In the year-to-date period, FETH achieves a -17.63% return, which is significantly lower than AETH's -11.47% return.
FETH
-17.63%
-16.96%
5.52%
N/A
N/A
N/A
AETH
-11.47%
0.18%
11.43%
-5.03%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FETH vs. AETH - Expense Ratio Comparison
FETH has a 0.00% expense ratio, which is lower than AETH's 0.90% expense ratio.
Risk-Adjusted Performance
FETH vs. AETH — Risk-Adjusted Performance Rank
FETH
AETH
FETH vs. AETH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Ethereum Fund (FETH) and Bitwise Ethereum Strategy ETF (AETH). 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.
Not enough dataDividends
FETH vs. AETH - Dividend Comparison
FETH has not paid dividends to shareholders, while AETH's dividend yield for the trailing twelve months is around 16.64%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
FETH Fidelity Ethereum Fund | 0.00% | 0.00% | 0.00% |
AETH Bitwise Ethereum Strategy ETF | 16.64% | 14.73% | 6.64% |
Drawdowns
FETH vs. AETH - Drawdown Comparison
The maximum FETH drawdown since its inception was -36.39%, smaller than the maximum AETH drawdown of -47.78%. Use the drawdown chart below to compare losses from any high point for FETH and AETH. For additional features, visit the drawdowns tool.
Volatility
FETH vs. AETH - Volatility Comparison
Fidelity Ethereum Fund (FETH) has a higher volatility of 24.23% compared to Bitwise Ethereum Strategy ETF (AETH) at 0.21%. This indicates that FETH's price experiences larger fluctuations and is considered to be riskier than AETH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.