VanEck Ethereum ETF

10-Year Study

ETHV.US · · US · ETF

Executive Summary: VanEck Ethereum ETF has compounded at 116.5% annually over the last 10 years, with a maximum drawdown of 55.8% and an annualized volatility of 172.5%.

1Y CAGR
-9.2%
3Y CAGR
+116.5%
5Y CAGR
+116.5%
10Y CAGR
+116.5%

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 →
55.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
7.43
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
158.15
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
731.2%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2024 · +829.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -20.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
33%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-9.9-28.29.012.6————————-20.5%
2025-0.5-33.1-17.7-2.344.3-2.148.316.2-4.2-6.7-21.8-2.2-11.0%
2024-14.7—-10.3—5.0-6.61111.9-23.13.6-3.443.0-7.0829.9%
2023—————————-3.015.1—11.7%

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 172.5%. The dominant macroeconomic risk driver is SHV.US, accounting for 71.7% of variance. Idiosyncratic stock-specific factors contribute 1.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2023-09-0110000
2023-10-019702.127931559458
2023-11-0111170.213219265763
2024-01-019531.915321022007
2024-03-018553.19179588447
2024-05-018978.7233222281
2024-06-018382.979185347018
2024-07-01101595.74880379814
2024-08-0178106.38614842785
2024-09-0180893.62030409227
2024-10-0178170.21593825222
2024-11-01111744.68538587389
2024-12-01103872.34464086754
2025-01-01103361.70632227253
2025-02-0169191.49216962337
2025-03-0156914.89592673508
2025-04-0155617.02353363945
2025-05-0180255.32240584849
2025-06-0178553.19467719848
2025-07-01116468.08983287771
2025-08-01135297.87783106856
2025-09-01129638.30313330724
2025-10-01120893.62192736776
2025-11-0194531.91872990056
2025-12-0192425.53566569615
2026-01-0183297.87572081042
2026-02-0159829.78966204825
2026-03-0165212.76860390393
2026-04-0173446.81149124842
Annual Return Matrix
YearAnnual Return
20248.299047619047618
2025-0.11020073740270386
2026-0.2053406998158378
Total Factor Risk
1.7250478004731045
VTI.US Exposure
0.10965333923666906
VEA.US Exposure
0.01046412365872508
VWO.US Exposure
0.006796080915696773
QQQ.US Exposure
-0.02261171434002713
VTV.US Exposure
0.02203368164331705
IJR.US Exposure
0.021619846312004923
QUAL.US Exposure
-0.008340390778768962
SHV.US Exposure
0.7166723504527492
TLT.US Exposure
0.00713589467824965
LQD.US Exposure
0.02422840504990452
HYG.US Exposure
0.04300772058730171
GLD.US Exposure
0.005201965978560945
USO.US Exposure
0.0000019450741403269916
VNQ.US Exposure
0.00011988993765548353
BTC-USD.CC Exposure
0.020641230882963227
CPER.US Exposure
0.00024613814095446806
VIX.INDX Exposure
0.0033450440426390504
UUP.US Exposure
0.007380695288354874
TIP.US Exposure
0.01788551131913511
Idiosyncratic Exposure
0.014518241919774699
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
172.5%

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
$0
Avg Yield on Cost
0.00%

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 →
+15.1%
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 →
-26.1%
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 →
51.3% 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 VanEck Ethereum ETF a high-risk investment?

VanEck Ethereum ETF (ETHV.US) has an annualized volatility of 172.5% and experienced a maximum drawdown of 55.8% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, ETHV.US has generated a Compound Annual Growth Rate (CAGR) of 116.5%. It has had a positive return in 33% 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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