Volatility Shares Trust - 2x Ether ETF

10-Year Study

ETHU.US · · US · ETF

Executive Summary: Volatility Shares Trust - 2x Ether ETF has compounded at 24.4% annually over the last 10 years, with a maximum drawdown of 98.7% and an annualized volatility of 417.3%.

1Y CAGR
-57.6%
3Y CAGR
+35.7%
5Y CAGR
+39.0%
10Y CAGR
+24.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
98.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
166491.03
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
6766209.64
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
4193.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +1469.5%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -75.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
57%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-22.5-53.313.125.5————————-48.6%
2025-7.9-59.2-36.9-12.393.5-8.9108.024.8-11.4-17.8-43.2-9.4-64.4%
202419.2-13.96474.6-97.829.11119.1-9.7-47.42.8-10.091.3-20.51469.5%
2023-2.622.8-2.54.919.3-4.83.46022.6-98.34864.4-98.47.924.0%
202221.62.411.0-4.4-7.0-20.520.1-11.7-2.8-10.013.0-2.30.3%
20218.935.842.739.624.761.5-18.28.7-16.6-3.97.714.2420.1%
2020———————-89.221.5—89.6—-75.2%
2019——————————-10.4—-10.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 417.3%. The dominant macroeconomic risk driver is SHV.US, accounting for 15.3% of variance. Idiosyncratic stock-specific factors contribute 51.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2019-10-0110000
2019-11-018962.263547673301
2020-08-01966.9808238110829
2020-09-011174.528131844178
2020-11-012226.4148841894907
2021-01-012424.5280440054003
2021-02-013292.4528149411935
2021-03-014698.112527376712
2021-04-016556.602570359388
2021-05-018179.244090400297
2021-06-0113207.545393147746
2021-07-0110801.885118544053
2021-08-0111745.281318441781
2021-09-019797.45080624403
2021-10-019416.274080034618
2021-11-0110141.508973223017
2021-12-0111580.187282111521
2022-01-0114080.880681420911
2022-02-0114423.054179590386
2022-03-0116008.426057703611
2022-04-0115310.76129727896
2022-05-0114245.83347299699
2022-06-0111328.487022031442
2022-07-0113610.462568137418
2022-08-0112016.176108175774
2022-09-0111685.72170834195
2022-10-0110513.097218483219
2022-11-0111878.07809035968
2022-12-0111609.452351925429
2023-01-0111313.294427079303
2023-02-0113897.092445113238
2023-03-0113542.889953401178
2023-04-0114205.829585604053
2023-05-0116947.889188501103
2023-06-0116136.267317151463
2023-07-0116682.6610539796
2023-08-011021407.8560332275
2023-09-0116977.51545136799
2023-10-01842840.0370834237
2023-11-0113340.960550059073
2023-12-0114392.607151186769
2024-01-0117153.811391312127
2024-02-0114775.189297835786
2024-03-01971408.7983676323
2024-04-0121476.711796825115
2024-05-0127726.51389605946
2024-06-01338012.0932212566
2024-07-01305311.8048219554
2024-08-01160582.350013355
2024-09-01165031.42766051536
2024-10-01148469.19989484645
2024-11-01284034.7287823149
2024-12-01225898.44417849203
2025-01-01208113.80420118116
2025-02-0184846.60925102545
2025-03-0153560.426789646575
2025-04-0146952.49123773059
2025-05-0190847.79387991398
2025-06-0182740.26628641611
2025-07-01172087.84130723213
2025-08-01214819.03138844928
2025-09-01190364.0186507725
2025-10-01156403.03438705433
2025-11-0188783.37741785897
2025-12-0180469.38794010127
2026-01-0162380.09778493793
2026-02-0129134.854124736823
2026-03-0132936.97469336713
2026-04-0141337.008507782906
Annual Return Matrix
YearAnnual Return
2020-0.751578954094974
20214.2012710498596935
20220.002527167229766425
20230.23973179051807314
202414.695449879618591
2025-0.6437806898903697
2026-0.48630144249944096
Total Factor Risk
4.172695981228969
VTI.US Exposure
0.09995417904850795
VEA.US Exposure
-0.0074907296383248025
VWO.US Exposure
0.049462222846989416
QQQ.US Exposure
-0.004371510455993112
VTV.US Exposure
0.04202258351713558
IJR.US Exposure
-0.00035131253008939214
QUAL.US Exposure
0.013962325224552109
SHV.US Exposure
0.15347678611085722
TLT.US Exposure
0.018049531577001614
LQD.US Exposure
0.025444454592095916
HYG.US Exposure
0.0014233263074839608
GLD.US Exposure
0.01220485507129903
USO.US Exposure
0.004158746102897272
VNQ.US Exposure
0.029633505912847358
BTC-USD.CC Exposure
0.0002945006542246214
CPER.US Exposure
-0.005762367846981703
VIX.INDX Exposure
-0.0015338599316202137
UUP.US Exposure
0.05490259353418111
TIP.US Exposure
-0.0008979380300139726
Idiosyncratic Exposure
0.51541810793295
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
417.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$59
Avg Yield on Cost
0.59%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$58.950.59%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-37.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-71.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
97.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Volatility Shares Trust - 2x Ether ETF a high-risk investment?

Volatility Shares Trust - 2x Ether ETF (ETHU.US) has an annualized volatility of 417.3% and experienced a maximum drawdown of 98.7% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of ETHU.US?

Over the past 10 years, ETHU.US has generated a Compound Annual Growth Rate (CAGR) of 24.4%. It has had a positive return in 57% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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