GFOF vs. ETH-USD
Compare and contrast key facts about Grayscale Future of Finance ETF (GFOF) and Ethereum (ETH-USD).
GFOF is a passively managed fund by Grayscale that tracks the performance of the Bloomberg Grayscale Future of Finance Index. It was launched on Feb 1, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GFOF or ETH-USD.
Correlation
The correlation between GFOF and ETH-USD is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GFOF vs. ETH-USD - Performance Comparison
Key characteristics
GFOF:
1.23
ETH-USD:
0.23
GFOF:
2.01
ETH-USD:
0.85
GFOF:
1.23
ETH-USD:
1.08
GFOF:
1.40
ETH-USD:
0.07
GFOF:
4.05
ETH-USD:
0.64
GFOF:
18.37%
ETH-USD:
23.62%
GFOF:
60.24%
ETH-USD:
54.23%
GFOF:
-75.18%
ETH-USD:
-93.96%
GFOF:
-0.28%
ETH-USD:
-29.02%
Returns By Period
In the year-to-date period, GFOF achieves a 60.08% return, which is significantly higher than ETH-USD's 49.72% return.
GFOF
60.08%
2.91%
43.96%
51.78%
N/A
N/A
ETH-USD
49.72%
0.58%
1.96%
50.76%
93.34%
N/A
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Risk-Adjusted Performance
GFOF vs. ETH-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Future of Finance ETF (GFOF) 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.
Drawdowns
GFOF vs. ETH-USD - Drawdown Comparison
The maximum GFOF drawdown since its inception was -75.18%, smaller than the maximum ETH-USD drawdown of -93.96%. Use the drawdown chart below to compare losses from any high point for GFOF and ETH-USD. For additional features, visit the drawdowns tool.
Volatility
GFOF vs. ETH-USD - Volatility Comparison
The current volatility for Grayscale Future of Finance ETF (GFOF) is 9.59%, while Ethereum (ETH-USD) has a volatility of 20.48%. This indicates that GFOF 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.