WETH vs. ET32 - ETF Comparison
WETH - WisdomTree Physical Ethereum
The WisdomTree Physical Ethereum is an exchange-traded note (ETN) that tracks the value of Ethereum, a popular cryptocurrency. With a total expense ratio of 0.35% per annum, it provides investors with a cost-effective way to gain exposure to the cryptocurrency market. The ETN is backed by physical holdings of Ethereum and has a long-only investment strategy.
ET32 - ETC Group Ethereum Staking ETP
The ETC Group Ethereum Staking ETP is an exchange-traded product that tracks the value of Ethereum, a popular cryptocurrency. It uses a collateralized debt obligation backed by physical holdings of the cryptocurrency to replicate the performance of the underlying index. With a total expense ratio of 0.65% per annum, this fund is a cost-effective way to gain exposure to the cryptocurrency market.
| WETH | ET32 | |
|---|---|---|
| Fund Name | WisdomTree Physical Ethereum | ETC Group Ethereum Staking ETP |
| Fund Provider | WisdomTree | ETC Group |
| Index | Ethereum | Ethereum |
| Asset Class | Cryptocurrency | Cryptocurrency |
| Listing | EU-listed | EU-listed |
| Expense Ratio | 0.35% | 0.65% |
| Inception Date | 2021-04-27 | 2024-02-16 |
| Currency | USD | USD |
| Distribution Policy | Accumulating | Accumulating |
| Sector Detail | Cryptocurrencies | Cryptocurrencies |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.