U vs. ETHE.SW
Compare and contrast key facts about Unity Software Inc. (U) and CoinShares Physical Ethereum (ETH) (ETHE.SW).
ETHE.SW is an actively managed fund by CoinShares. It was launched on Feb 23, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: U or ETHE.SW.
Key characteristics
| U | ETHE.SW | |
|---|---|---|
| YTD Return | -57.59% | 37.06% |
| 1Y Return | -40.00% | 52.22% |
| Sharpe Ratio | -0.77 | 0.80 |
| Sortino Ratio | -1.01 | 1.44 |
| Omega Ratio | 0.89 | 1.19 |
| Calmar Ratio | -0.46 | 1.06 |
| Martin Ratio | -0.93 | 2.20 |
| Ulcer Index | 45.75% | 23.63% |
| Daily Std Dev | 55.45% | 65.09% |
| Max Drawdown | -93.07% | -70.97% |
| Current Drawdown | -91.38% | -24.65% |
Correlation
The correlation between U and ETHE.SW is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
U vs. ETHE.SW - Performance Comparison
In the year-to-date period, U achieves a -57.59% return, which is significantly lower than ETHE.SW's 37.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
U vs. ETHE.SW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Unity Software Inc. (U) and CoinShares Physical Ethereum (ETH) (ETHE.SW). 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.
Dividends
U vs. ETHE.SW - Dividend Comparison
Neither U nor ETHE.SW has paid dividends to shareholders.
Drawdowns
U vs. ETHE.SW - Drawdown Comparison
The maximum U drawdown since its inception was -93.07%, which is greater than ETHE.SW's maximum drawdown of -70.97%. Use the drawdown chart below to compare losses from any high point for U and ETHE.SW. For additional features, visit the drawdowns tool.
Volatility
U vs. ETHE.SW - Volatility Comparison
The current volatility for Unity Software Inc. (U) is 17.55%, while CoinShares Physical Ethereum (ETH) (ETHE.SW) has a volatility of 20.26%. This indicates that U experiences smaller price fluctuations and is considered to be less risky than ETHE.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.