VEFA vs. HODL

Last updated Jun 30, 2026

VEFA (VanEck MSCI EAFE Analyst Sentiment ETF) and HODL (VanEck Bitcoin Trust) are both exchange-traded funds - VEFA is a Foreign Large Cap Equities fund managed by VanEck, while HODL is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. At a 0.40 correlation, their price movements are largely independent.

Performance

VEFA vs. HODL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) and VanEck Bitcoin Trust (HODL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VEFA

• 1D: 1.06%
• 1M: 0.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HODL

• 1D: 1.19%
• 1M: -17.77%
• YTD: -30.97%
• 6M: -30.67%
• 1Y: -43.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VEFA vs. HODL - Yearly Performance Comparison

	2026 (YTD)
VEFA VanEck MSCI EAFE Analyst Sentiment ETF	11.09%
HODL VanEck Bitcoin Trust	-11.46%

Correlation

The correlation between VEFA and HODL is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 2, 2026	0.40

Return for Risk

VEFA vs. HODL — Risk / Return Rank

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

VEFA

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

HODL

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

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.

VEFA vs. HODL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) and VanEck Bitcoin Trust (HODL). 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.

	VEFA	HODL	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.99	—
Sortino ratio: Return per unit of downside risk	—	-1.45	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.83	—
Martin ratio: Return relative to average drawdown	—	-1.40	—

Drawdowns

VEFA vs. HODL - Drawdown Comparison

The maximum VEFA drawdown since its inception was -5.08%, smaller than the maximum HODL drawdown of -52.83%. Use the drawdown chart below to compare losses from any high point for VEFA and HODL.

Drawdown Indicators

	VEFA	HODL	Difference
Max Drawdown Largest peak-to-trough decline	-5.08%	-52.83%	+47.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-52.83%	—
Current Drawdown Current decline from peak	-1.36%	-51.90%	+50.54%
Average Drawdown Average peak-to-trough decline	-1.25%	-17.01%	+15.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	31.19%	—

Volatility

Volatility by Period

	VEFA	HODL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.47%	44.27%	-23.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.47%	49.81%	-29.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.47%	49.81%	-29.34%

Dividends

VEFA vs. HODL - Dividend Comparison

Neither VEFA nor HODL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VEFA and HODL in my portfolio?

VEFA and HODL have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, VEFA or HODL?

VEFA and HODL have nearly identical dividend yields, around 0.00%.

What is the main difference between VEFA and HODL?

VEFA is categorized as Foreign Large Cap Equities, while HODL is Cryptocurrency.