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VAVX vs. ETH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VAVX vs. ETH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Avalanche ETF (VAVX) and Grayscale Ethereum Staking Mini ETF (ETH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


VAVX

1D
-3.50%
1M
-12.79%
YTD
6M
1Y
3Y*
5Y*
10Y*

ETH

1D
-5.52%
1M
-23.42%
YTD
-38.95%
6M
-42.17%
1Y
-30.84%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

VAVX vs. ETH - Yearly Performance Comparison


Correlation

The correlation between VAVX and ETH is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (All Time)
Calculated using the full available price history since Jan 27, 2026

0.86

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Return for Risk

VAVX vs. ETH — Risk / Return Rank

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

VAVX

ETH
ETH Risk / Return Rank: 55
Overall Rank
ETH Sharpe Ratio Rank: 55
Sharpe Ratio Rank
ETH Sortino Ratio Rank: 66
Sortino Ratio Rank
ETH Omega Ratio Rank: 66
Omega Ratio Rank
ETH Calmar Ratio Rank: 55
Calmar Ratio Rank
ETH Martin Ratio Rank: 55
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.

VAVX vs. ETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Avalanche ETF (VAVX) and Grayscale Ethereum Staking Mini ETF (ETH). 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.


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

VAVX vs. ETH - Sharpe Ratio Comparison


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Sharpe Ratios by Period


VAVXETHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.98

-0.41

-0.57

Drawdowns

VAVX vs. ETH - Drawdown Comparison

The maximum VAVX drawdown since its inception was -32.73%, smaller than the maximum ETH drawdown of -64.01%. Use the drawdown chart below to compare losses from any high point for VAVX and ETH.


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Drawdown Indicators


VAVXETHDifference

Max Drawdown

Largest peak-to-trough decline

-32.73%

-64.01%

+31.28%

Max Drawdown (1Y)

Largest decline over 1 year

-62.40%

Current Drawdown

Current decline from peak

-32.73%

-62.40%

+29.67%

Average Drawdown

Average peak-to-trough decline

-21.87%

-32.58%

+10.71%

Ulcer Index

Depth and duration of drawdowns from previous peaks

37.50%

Volatility

VAVX vs. ETH - Volatility Comparison


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Volatility by Period


VAVXETHDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.90%

Volatility (6M)

Calculated over the trailing 6-month period

46.02%

Volatility (1Y)

Calculated over the trailing 1-year period

65.98%

68.34%

-2.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

65.98%

72.26%

-6.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

65.98%

72.26%

-6.28%

VAVX vs. ETH - Expense Ratio Comparison

VAVX has a 0.20% expense ratio, which is higher than ETH's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

VAVX vs. ETH - Dividend Comparison

Neither VAVX nor ETH has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


VAVX and ETH have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ETH is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ETH is cheaper with a 0.15% expense ratio, compared with 0.20% for VAVX.

VAVX and ETH have nearly identical dividend yields, around 0.00%.

They also come from different issuers: VanEck and Grayscale. Their fees differ too: 0.20% for VAVX and 0.15% for ETH.

Portfolio Optimizer

Find the right allocation for VAVX and ETH

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