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 24.76%/yr vs 61.34%/yr for ETH-USD. At a 0.18 correlation, their price movements are largely independent.
Performance
IXN vs. ETH-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IXN achieves a 32.00% return, which is significantly higher than ETH-USD's -43.98% return. Over the past 10 years, IXN has underperformed ETH-USD with an annualized return of 24.76%, while ETH-USD has yielded a comparatively higher 61.34% annualized return.
IXN
- 1D
- 2.45%
- 1M
- 4.20%
- YTD
- 32.00%
- 6M
- 30.10%
- 1Y
- 61.63%
- 3Y*
- 33.24%
- 5Y*
- 21.65%
- 10Y*
- 24.76%
ETH-USD
- 1D
- -1.64%
- 1M
- -28.55%
- YTD
- -43.98%
- 6M
- -46.81%
- 1Y
- -33.81%
- 3Y*
- -3.34%
- 5Y*
- -8.64%
- 10Y*
- 61.34%
IXN vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXN iShares Global Tech ETF | 32.00% | 25.25% | 24.84% | 52.98% | -29.86% | 29.58% | 43.62% | 47.88% | -5.44% | 41.23% |
ETH-USD Ethereum | -43.98% | -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 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
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 8, 2015 | 0.18 |
Over the past year, IXN and ETH-USD have become more correlated (0.39) than their long-term average of 0.18, meaning their price movements have been converging.
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
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.
| IXN | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.15 | ||
| Sortino ratioReturn per unit of downside risk | +3.57 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.96 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | -0.50 | +4.99 |
| Martin ratioReturn relative to average drawdown | 15.19 | -0.88 | +16.07 |
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
| IXN | ETH-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.65 | -0.50 | +3.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | -0.12 | +0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.65 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.75 | -0.22 |
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.
Loading charts...
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% | -67.53% | +53.73% |
Max Drawdown (3Y)Largest decline over 3 years | -25.55% | -67.53% | +41.98% |
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 | -7.44% | -65.60% | +58.16% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -50.89% | +39.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 44.58% | -40.51% |
Volatility
IXN vs. ETH-USD - Volatility Comparison
The current volatility for iShares Global Tech ETF (IXN) is 11.51%, while Ethereum (ETH-USD) has a volatility of 16.88%. 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.
Loading charts...
Volatility by Period
| IXN | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 16.88% | -5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 19.70% | 46.80% | -27.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.42% | 56.55% | -33.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.08% | 59.65% | -34.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.53% | 78.04% | -53.51% |
Frequently Asked Questions
IXN and ETH-USD have a correlation of 0.39, 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 (16.88%) compared to IXN (11.51%). In terms of maximum drawdown, IXN dropped -55.67% vs ETH-USD's -94.01%.
IXN currently has the higher Sharpe Ratio (2.65 vs -0.50), 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.
Find the right allocation for IXN 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