OWNB vs. EINC

Last updated Jul 15, 2026

OWNB (Bitwise Bitcoin Standard Corporations ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - OWNB is a Blockchain fund tracking the Bitwise Bitcoin Standard Corporations Inde, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past year, OWNB returned -50.22% vs 31.88% for EINC. At a 0.08 correlation, their price movements are largely independent. OWNB charges 0.85%/yr vs 0.45%/yr for EINC.

Performance

OWNB vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Bitcoin Standard Corporations ETF (OWNB) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OWNB achieves a -17.12% return, which is significantly lower than EINC's 29.47% return.

OWNB

• 1D: 2.87%
• 1M: -12.84%
• 6M: -29.13%
• YTD: -17.12%
• 1Y: -50.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EINC

• 1D: 0.56%
• 1M: 2.44%
• 6M: 29.19%
• YTD: 29.47%
• 1Y: 31.88%
• 3Y*: 28.91%
• 5Y*: 22.84%
• 10Y*: 11.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OWNB vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025
OWNB Bitwise Bitcoin Standard Corporations ETF	-17.12%	-1.19%
EINC VanEck Energy Income ETF	29.47%	6.97%

Correlation

The correlation between OWNB and EINC is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Mar 11, 2025	0.08

The correlation between OWNB and EINC shifts across timeframes, from -0.07 (1 year) to 0.08 (all time), reflecting how their relationship changes across market environments.

OWNB vs. EINC - Sectors Allocation Comparison

Sectors	OWNB	EINC
Financial Services	48.0%	-
Technology	36.7%	-
Consumer Cyclical	8.5%	-
Communication Services	5.2%	-
Utilities	1.6%	0.6%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	99.4%
Healthcare	-	-
Industrials	-	0.6%
Real Estate	-	-

Return for Risk

OWNB vs. EINC — Risk / Return Rank

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

OWNB

OWNB Risk / Return Rank: 3
OWNB Sharpe Ratio Rank: 3
OWNB Sortino Ratio Rank: 3
OWNB Omega Ratio Rank: 3
OWNB Calmar Ratio Rank: 2
OWNB Martin Ratio Rank: 2

EINC

EINC Risk / Return Rank: 80
EINC Sharpe Ratio Rank: 82
EINC Sortino Ratio Rank: 80
EINC Omega Ratio Rank: 78
EINC Calmar Ratio Rank: 88
EINC Martin Ratio Rank: 69

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.

OWNB vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Bitcoin Standard Corporations ETF (OWNB) and VanEck Energy Income ETF (EINC). 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.

	OWNB	EINC	Difference
Sharpe ratio: Return per unit of total volatility	-0.86	2.08	-2.95
Sortino ratio: Return per unit of downside risk	-1.26	2.83	-4.09
Omega ratio: Gain probability vs. loss probability	0.87	1.37	-0.50
Calmar ratio: Return relative to maximum drawdown	-0.85	4.06	-4.91
Martin ratio: Return relative to average drawdown	-1.33	9.98	-11.31

OWNB vs. EINC - Sharpe Ratio Comparison

The current OWNB Sharpe Ratio is -0.86, which is lower than the EINC Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of OWNB and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OWNB vs. EINC - Drawdown Comparison

The maximum OWNB drawdown since its inception was -59.47%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for OWNB and EINC.

Drawdown Indicators

	OWNB	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-59.47%	-87.55%	+28.08%
Max Drawdown (1Y) Largest decline over 1 year	-59.47%	-7.89%	-51.58%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	-53.30%	-1.85%	-51.45%
Average Drawdown Average peak-to-trough decline	-26.85%	-44.00%	+17.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.75%	3.20%	+34.55%

Volatility

OWNB vs. EINC - Volatility Comparison

Bitwise Bitcoin Standard Corporations ETF (OWNB) has a higher volatility of 15.01% compared to VanEck Energy Income ETF (EINC) at 6.02%. This indicates that OWNB's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OWNB	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.01%	6.02%	+8.99%
Volatility (6M) Calculated over the trailing 6-month period	43.55%	12.31%	+31.24%
Volatility (1Y) Calculated over the trailing 1-year period	58.27%	15.40%	+42.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.16%	19.57%	+42.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.16%	25.34%	+36.82%

OWNB vs. EINC - Expense Ratio Comparison

OWNB has a 0.85% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

OWNB vs. EINC - Dividend Comparison

OWNB's dividend yield for the trailing twelve months is around 1.05%, less than EINC's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.42%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
OWNB Bitwise Bitcoin Standard Corporations ETF	1.05%	0.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OWNB and EINC in my portfolio?

OWNB and EINC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OWNB or EINC?

OWNB has higher volatility (15.01%) compared to EINC (6.02%). In terms of maximum drawdown, OWNB dropped -59.47% vs EINC's -87.55%.

Which ETF is better, OWNB or EINC?

On 1-year performance, EINC leads with 31.88% vs -50.22% for OWNB. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OWNB or EINC?

Over the 1-year period, EINC has performed better with a 31.88% return vs -50.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OWNB or EINC?

EINC is cheaper with a 0.45% expense ratio, compared with 0.85% for OWNB.

Which ETF pays a higher dividend yield, OWNB or EINC?

EINC has the higher dividend yield at 3.42%, compared with 1.05% for OWNB.

What is the main difference between OWNB and EINC?

OWNB is categorized as Blockchain, while EINC is Energy Equities. OWNB tracks Bitwise Bitcoin Standard Corporations Inde, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: Bitwise and VanEck. Their fees differ too: 0.85% for OWNB and 0.45% for EINC.

Which has better risk-adjusted returns?

EINC currently has the higher Sharpe Ratio (2.08 vs -0.86), 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.