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KRYP vs. SETH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

KRYP vs. SETH

Last updated Jul 21, 2026
Documentation

KRYP (ProShares CoinDesk 20 Crypto ETF) and SETH (ProShares Short Ether Strategy ETF) are both Cryptocurrency funds from ProShares - KRYP tracks the CoinDesk 20 Index while SETH tracks the Bloomberg Galaxy Ethereum (--100%). Both are passively managed. At a correlation of -0.92, they often move in opposite directions.

Performance

KRYP vs. SETH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares CoinDesk 20 Crypto ETF (KRYP) and ProShares Short Ether Strategy ETF (SETH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

KRYP

1D
1.77%
1M
2.13%
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

SETH

1D
-2.82%
1M
-11.65%
6M
42.63%
YTD
27.84%
1Y
27.01%
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
-31.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KRYP vs. SETH - Yearly Performance Comparison

2026 (YTD)
KRYP
ProShares CoinDesk 20 Crypto ETF		-23.81%
SETH
ProShares Short Ether Strategy ETF		3.22%

Correlation

The correlation between KRYP and SETH is -0.92, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (All Time)
Calculated using the full available price history since Feb 4, 2026

-0.92

Compare stocks, funds, or ETFs

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ProShares CoinDesk 20 Crypto ETF

ProShares Short Ether Strategy ETF

Often compared with KRYP:
KRYP vs. BCDFKRYP vs. BITIKRYP vs. BFOCKRYP vs. BTCKRYP vs. SQQQKRYP vs. SBITKRYP vs. IQQQ
Often compared with SETH:
SETH vs. ETH-USDSETH vs. FDIGSETH vs. ETHDSETH vs. ETHSETH vs. ETHASETH vs. BITISETH vs. ETHU

Return for Risk

KRYP vs. SETH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
KRYP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SETH
SETH Risk / Return Rank: 2222
Overall Rank
SETH Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
SETH Sortino Ratio Rank: 2323
Sortino Ratio Rank
SETH Omega Ratio Rank: 2323
Omega Ratio Rank
SETH Calmar Ratio Rank: 2525
Calmar Ratio Rank
SETH Martin Ratio Rank: 2020
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KRYP vs. SETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares CoinDesk 20 Crypto ETF (KRYP) and ProShares Short Ether Strategy ETF (SETH). 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.

KRYPSETHDifference
Sharpe ratioReturn per unit of total volatility

—

0.40

—

Sortino ratioReturn per unit of downside risk

—

0.99

—

Omega ratioGain probability vs. loss probability

—

1.12

—

Calmar ratioReturn relative to maximum drawdown

—

0.88

—

Martin ratioReturn relative to average drawdown

—

1.57

—

KRYP vs. SETH - Sharpe Ratio Comparison

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Drawdowns

KRYP vs. SETH - Drawdown Comparison

The maximum KRYP drawdown since its inception was -30.90%, smaller than the maximum SETH drawdown of -80.74%. Use the drawdown chart below to compare losses from any high point for KRYP and SETH.

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Drawdown Indicators

KRYPSETHDifference

Max Drawdown

Largest peak-to-trough decline

-30.90%

-80.74%

+49.84%

Max Drawdown (1Y)

Largest decline over 1 year

—

-30.96%

—

Current Drawdown

Current decline from peak

-23.81%

-64.88%

+41.07%

Average Drawdown

Average peak-to-trough decline

-13.23%

-54.97%

+41.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

17.29%

—

Volatility

KRYP vs. SETH - Volatility Comparison

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Volatility by Period

KRYPSETHDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

14.57%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

46.74%

—

Volatility (1Y)

Calculated over the trailing 1-year period

48.99%

67.56%

-18.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

48.99%

69.21%

-20.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.99%

69.21%

-20.22%

Dividends

KRYP vs. SETH - Dividend Comparison

KRYP's dividend yield for the trailing twelve months is around 0.09%, less than SETH's 17.46% yield.

PositionTTM202520242023
KRYP
ProShares CoinDesk 20 Crypto ETF		0.09%0.00%0.00%0.00%
SETH
ProShares Short Ether Strategy ETF		17.46%7.01%3.44%0.38%

Frequently Asked Questions

KRYP and SETH have a correlation of -0.92, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SETH has the higher dividend yield at 17.46%, compared with 0.09% for KRYP.

KRYP tracks CoinDesk 20 Index, while SETH tracks Bloomberg Galaxy Ethereum (--100%).

Portfolio Optimizer

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