ETHW vs IVV
Bitwise Ethereum ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | ETHW | IVV | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.03% | |
| AUM | $207M | $865.2B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 1 | 508 | |
| YTD Return | -39.93% | +13.80% | |
| 1Y Return | -56.09% | +23.01% | |
| 3Y Return (annualized) | - | +21.77% | |
| 5Y Return (annualized) | - | +13.39% | |
| Volatility (annualized) | 74.0% | 15.1% | |
| Max Drawdown | -67.9% | -56.5% | |
| Fund Family | Bitwise | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 22, 2024 | May 15, 2000 |
ETHW vs IVV Performance
Bitwise Ethereum ETF (ETHW) is a ETF from Bitwise and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year ETHW returned -56.09% while IVV returned +23.01%. Year to date, ETHW is down 39.93% versus a gain of 13.80% for IVV.
Risk: Volatility and Drawdowns
ETHW has been the more volatile fund, with annualized monthly volatility of 74.0% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -67.9% for ETHW and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.
Frequently Asked Questions
Which performed better, ETHW or IVV?
Over the past year ETHW returned -56.09% vs +23.01% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), ETHW annualized -25.98% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, ETHW or IVV?
ETHW has been the more volatile fund at 74.0% annualized versus 15.1% for IVV. Worst drawdown: ETHW -67.9% vs IVV -56.5%.
Should I hold both ETHW and IVV?
ETHW and IVV have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, ETHW or IVV?
ETHW yields 0.00% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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