VHT vs. ETHA
VHT (Vanguard Health Care ETF) and ETHA (iShares Ethereum Trust ETF) are both exchange-traded funds - VHT is a Health & Biotech Equities fund tracking the MSCI US Investable Market Health Care 25/50 Index, while ETHA is a Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant. Both are passively managed. Over the past year, VHT returned 16.49% vs -34.33% for ETHA. At a 0.18 correlation, their price movements are largely independent. VHT charges 0.09%/yr vs 0.25%/yr for ETHA.
Performance
VHT vs. ETHA - Performance Comparison
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Returns By Period
In the year-to-date period, VHT achieves a -0.11% return, which is significantly higher than ETHA's -43.96% return.
VHT
- 1D
- -0.12%
- 1M
- 4.51%
- YTD
- -0.11%
- 6M
- 0.45%
- 1Y
- 16.49%
- 3Y*
- 7.19%
- 5Y*
- 4.78%
- 10Y*
- 9.87%
ETHA
- 1D
- -1.02%
- 1M
- -27.59%
- YTD
- -43.96%
- 6M
- -45.98%
- 1Y
- -34.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VHT vs. ETHA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VHT Vanguard Health Care ETF | -0.11% | 15.46% | -6.26% |
ETHA iShares Ethereum Trust ETF | -43.96% | -11.31% | -4.89% |
Correlation
The correlation between VHT and ETHA is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.18 |
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Return for Risk
VHT vs. ETHA — Risk / Return Rank
VHT
ETHA
VHT vs. ETHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care ETF (VHT) and iShares Ethereum Trust ETF (ETHA). 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.
| VHT | ETHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.64 | ||
| Sortino ratioReturn per unit of downside risk | +2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.94 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | -0.57 | +2.10 |
| Martin ratioReturn relative to average drawdown | 3.81 | -0.98 | +4.79 |
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Drawdowns
VHT vs. ETHA - Drawdown Comparison
The maximum VHT drawdown since its inception was -39.12%, smaller than the maximum ETHA drawdown of -67.56%. Use the drawdown chart below to compare losses from any high point for VHT and ETHA.
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Drawdown Indicators
| VHT | ETHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.12% | -67.56% | +28.44% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | -67.56% | +57.16% |
Max Drawdown (3Y)Largest decline over 3 years | -16.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.85% | — | — |
Current DrawdownCurrent decline from peak | -3.28% | -65.65% | +62.37% |
Average DrawdownAverage peak-to-trough decline | -5.99% | -33.25% | +27.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 39.22% | -35.03% |
Volatility
VHT vs. ETHA - Volatility Comparison
The current volatility for Vanguard Health Care ETF (VHT) is 4.88%, while iShares Ethereum Trust ETF (ETHA) has a volatility of 17.30%. This indicates that VHT experiences smaller price fluctuations and is considered to be less risky than ETHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VHT | ETHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 17.30% | -12.42% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 46.58% | -36.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.70% | 69.29% | -54.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 72.65% | -57.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 72.65% | -55.68% |
VHT vs. ETHA - Expense Ratio Comparison
VHT has a 0.09% expense ratio, which is lower than ETHA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VHT vs. ETHA - Dividend Comparison
VHT's dividend yield for the trailing twelve months is around 1.64%, while ETHA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHA iShares Ethereum Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHT Vanguard Health Care ETF | 1.64% | 1.61% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% |
Frequently Asked Questions
VHT and ETHA have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETHA has higher volatility (17.30%) compared to VHT (4.88%). In terms of maximum drawdown, VHT dropped -39.12% vs ETHA's -67.56%.
On 1-year performance, VHT leads with 16.49% vs -34.33% for ETHA. On fees, VHT is cheaper at 0.09% per year. On volatility, VHT has been the lower-risk option at 4.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VHT has performed better with a 16.49% return vs -34.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VHT is cheaper with a 0.09% expense ratio, compared with 0.25% for ETHA.
VHT has the higher dividend yield at 1.64%, compared with 0.00% for ETHA.
VHT is categorized as Health & Biotech Equities, while ETHA is Cryptocurrency. VHT tracks MSCI US Investable Market Health Care 25/50 Index, while ETHA tracks CME CF Ether Dollar Reference Rate - New York Variant. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.09% for VHT and 0.25% for ETHA.
VHT currently has the higher Sharpe Ratio (1.09 vs -0.56), 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.
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