IDMO vs. ETHA
IDMO (Invesco S&P International Developed Momentum ETF) and ETHA (iShares Ethereum Trust ETF) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while ETHA is a Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant. Both are passively managed. Over the past year, IDMO returned 24.72% vs -34.33% for ETHA. At a 0.38 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
IDMO vs. ETHA - Performance Comparison
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Returns By Period
In the year-to-date period, IDMO achieves a 8.17% return, which is significantly higher than ETHA's -43.96% return.
IDMO
- 1D
- 1.36%
- 1M
- -0.98%
- YTD
- 8.17%
- 6M
- 10.09%
- 1Y
- 24.72%
- 3Y*
- 25.21%
- 5Y*
- 15.50%
- 10Y*
- 12.64%
ETHA
- 1D
- -1.02%
- 1M
- -27.59%
- YTD
- -43.96%
- 6M
- -45.98%
- 1Y
- -34.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDMO vs. ETHA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IDMO Invesco S&P International Developed Momentum ETF | 8.17% | 42.17% | -1.86% |
ETHA iShares Ethereum Trust ETF | -43.96% | -11.31% | -4.89% |
Correlation
The correlation between IDMO and ETHA is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.38 |
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Return for Risk
IDMO vs. ETHA — Risk / Return Rank
IDMO
ETHA
IDMO vs. ETHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) and iShares Ethereum Trust ETF (ETHA). 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.
| IDMO | ETHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.94 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | -0.57 | +2.46 |
| Martin ratioReturn relative to average drawdown | 7.64 | -0.98 | +8.62 |
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Drawdowns
IDMO vs. ETHA - Drawdown Comparison
The maximum IDMO drawdown since its inception was -39.38%, smaller than the maximum ETHA drawdown of -67.56%. Use the drawdown chart below to compare losses from any high point for IDMO and ETHA.
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Drawdown Indicators
| IDMO | ETHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.38% | -67.56% | +28.18% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -67.56% | +55.25% |
Max Drawdown (3Y)Largest decline over 3 years | -12.65% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.34% | — | — |
Current DrawdownCurrent decline from peak | -1.92% | -65.65% | +63.73% |
Average DrawdownAverage peak-to-trough decline | -9.74% | -33.25% | +23.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 39.22% | -36.18% |
Volatility
IDMO vs. ETHA - Volatility Comparison
The current volatility for Invesco S&P International Developed Momentum ETF (IDMO) is 7.92%, while iShares Ethereum Trust ETF (ETHA) has a volatility of 17.30%. This indicates that IDMO experiences smaller price fluctuations and is considered to be less risky than ETHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDMO | ETHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 17.30% | -9.38% |
Volatility (6M)Calculated over the trailing 6-month period | 16.02% | 46.58% | -30.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.92% | 69.29% | -51.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 72.65% | -54.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 72.65% | -54.47% |
IDMO vs. ETHA - Expense Ratio Comparison
Both IDMO and ETHA have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IDMO vs. ETHA - Dividend Comparison
IDMO's dividend yield for the trailing twelve months is around 3.52%, while ETHA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHA iShares Ethereum Trust 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% |
IDMO Invesco S&P International Developed Momentum ETF | 3.52% | 3.71% | 2.24% | 2.89% | 3.66% | 1.81% | 1.63% | 2.78% | 3.27% | 3.08% | 2.18% | 2.52% |
Frequently Asked Questions
IDMO and ETHA have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETHA has higher volatility (17.30%) compared to IDMO (7.92%). In terms of maximum drawdown, IDMO dropped -39.38% vs ETHA's -67.56%.
On 1-year performance, IDMO leads with 24.72% vs -34.33% for ETHA. Both ETFs have the same 0.25% expense ratio. On volatility, IDMO has been the lower-risk option at 7.92%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IDMO has performed better with a 24.72% return vs -34.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDMO and ETHA have the same expense ratio: 0.25% per year.
IDMO has the higher dividend yield at 3.52%, compared with 0.00% for ETHA.
IDMO is categorized as Momentum, while ETHA is Cryptocurrency. IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while ETHA tracks CME CF Ether Dollar Reference Rate - New York Variant. They also come from different issuers: Invesco and iShares.
IDMO currently has the higher Sharpe Ratio (1.30 vs -0.56), 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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