IXN vs. ETH-USD
IXN (iShares Global Tech ETF) is Technology Equities fund tracking the S&P Global Information Technology Sector Index, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, IXN returned 23.62%/yr vs 62.58%/yr for ETH-USD. At a 0.18 correlation, their price movements are largely independent.
Performance
IXN vs. ETH-USD - Performance Comparison
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Returns By Period
In the year-to-date period, IXN achieves a 26.77% return, which is significantly higher than ETH-USD's -35.51% return. Over the past 10 years, IXN has underperformed ETH-USD with an annualized return of 23.62%, while ETH-USD has yielded a comparatively higher 62.58% annualized return.
IXN
- 1D
- 0.25%
- 1M
- -9.14%
- 6M
- 24.01%
- YTD
- 26.77%
- 1Y
- 41.13%
- 3Y*
- 29.42%
- 5Y*
- 19.04%
- 10Y*
- 23.62%
- ALL TIME*
- 12.24%
ETH-USD
- 1D
- 2.26%
- 1M
- 10.05%
- 6M
- -39.98%
- YTD
- -35.51%
- 1Y
- -49.10%
- 3Y*
- 0.37%
- 5Y*
- -0.85%
- 10Y*
- 62.58%
- ALL TIME*
- 80.34%
IXN vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXN iShares Global Tech ETF | 26.77% | 25.25% | 24.84% | 52.98% | -29.86% | 29.58% | 43.62% | 47.88% | -5.44% | 41.23% |
ETH-USD Ethereum | -35.51% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between IXN and ETH-USD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2015 | 0.18 |
The correlation between IXN and ETH-USD shifts across timeframes, from 0.18 (all time) to 0.37 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IXN vs. ETH-USD — Risk / Return Rank
IXN
ETH-USD
IXN vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.
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.
| IXN | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.32 | ||
| Sortino ratioReturn per unit of downside risk | +3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.90 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | -0.73 | +3.72 |
| Martin ratioReturn relative to average drawdown | 8.66 | -1.11 | +9.77 |
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Drawdowns
IXN vs. ETH-USD - Drawdown Comparison
The maximum IXN drawdown since its inception was -55.67%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for IXN and ETH-USD.
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Drawdown Indicators
| IXN | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.67% | -94.01% | +38.34% |
Max Drawdown (1Y)Largest decline over 1 year | -13.80% | -67.60% | +53.80% |
Max Drawdown (3Y)Largest decline over 3 years | -25.55% | -67.60% | +42.05% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | -79.35% | +43.05% |
Max Drawdown (10Y)Largest decline over 10 years | -36.30% | -94.01% | +57.71% |
Current DrawdownCurrent decline from peak | -11.11% | -60.40% | +49.29% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -51.01% | +39.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 34.69% | -29.93% |
Volatility
IXN vs. ETH-USD - Volatility Comparison
The current volatility for iShares Global Tech ETF (IXN) is 10.78%, while Ethereum (ETH-USD) has a volatility of 13.43%. This indicates that IXN 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.
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Volatility by Period
| IXN | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.78% | 13.43% | -2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 22.87% | 46.67% | -23.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.35% | 54.96% | -28.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.67% | 58.71% | -33.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.76% | 76.77% | -52.01% |
Frequently Asked Questions
IXN and ETH-USD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (13.43%) compared to IXN (10.78%). In terms of maximum drawdown, IXN dropped -55.67% vs ETH-USD's -94.01%.
IXN currently has the higher Sharpe Ratio (1.57 vs -0.74), 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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