ETHO vs NCIQ

Comparison between Amplify Etho Climate Leadership U.S. ETF (ETHO, ETF) and Hashdex Nasdaq Crypto Index US ETF (NCIQ, ETF).

ETHO vs NCIQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETHO(ETF)	NCIQ(ETF)
Net Assets	$190M	$190M
Expense Ratio	0.45%	0.25%
Max Drawdown	25.68%	57.05%
Sharpe Ratio	1.54	-1.14
5Y Beta	1.05	1.24
P/E Ratio	37.72	N/A
Forward P/E	17.50	N/A
5Y EPS CAGR	11.93%	N/A
Debt to Equity	98.85%	N/A
P/S Ratio	2.41	N/A
P/B Ratio	2.84	N/A

Net Assets

ETHO

$190M

Winner

NCIQ

$190M

Expense Ratio

ETHO

0.45%

Winner

NCIQ

0.25%

Max Drawdown

Winner

ETHO

25.68%

NCIQ

57.05%

Sharpe Ratio

Winner

ETHO

1.54

NCIQ

-1.14

5Y Beta

Winner

ETHO

1.05

NCIQ

1.24

P/E Ratio

ETHO

37.72

NCIQ

N/A

Forward P/E

ETHO

17.50

NCIQ

N/A

5Y EPS CAGR

ETHO

11.93%

NCIQ

N/A

Debt to Equity

ETHO

98.85%

NCIQ

N/A

P/S Ratio

ETHO

2.41

NCIQ

N/A

P/B Ratio

ETHO

2.84

NCIQ

N/A

ETHO vs NCIQ - Historical Returns

Returns include dividend reinvestment.

Period	ETHO	NCIQ
1 month	+2.10%	+3.83%
3 months	+8.05%	-12.63%
6 months	+14.36%	-29.68%
1 year	+34.57%	-46.63%
Max(CAGR)	+16.06%	-25.79%

ETHO

+2.10%

Winner

NCIQ

+3.83%

Winner

ETHO

+8.05%

NCIQ

-12.63%

Winner

ETHO

+14.36%

NCIQ

-29.68%

Winner

ETHO

+34.57%

NCIQ

-46.63%

Max(CAGR)

Winner

ETHO

+16.06%

NCIQ

-25.79%

ETHO vs NCIQ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ETHO	NCIQ
2026	+19.92%	-29.66%
2025	+10.65%	-10.21%
2024	+8.17%	N/A

ETHO vs NCIQ Drawdown Comparison

The maximum drawdown for ETHO was -25.50%, occurring on Apr 8, 2025. Recovery took 196 trading sessions.

The maximum drawdown for NCIQ was -57.05%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current ETHO drawdown is -1.79%. The current NCIQ drawdown is -51.37%.

Rank	ETHO	NCIQ
#1	-25.50% Dec 4, 2024 - Sep 18, 2025	-57.05% Oct 6, 2025 - Jun 25, 2026
#2	-9.82% Jul 16, 2024 - Nov 6, 2024	-25.48% Feb 20, 2025 - May 9, 2025
#3	-9.25% Feb 20, 2026 - Apr 13, 2026	-12.51% Aug 13, 2025 - Oct 6, 2025
#4	-8.27% Mar 28, 2024 - Jul 12, 2024	-7.86% May 22, 2025 - Jul 9, 2025
#5	-6.54% Oct 27, 2025 - Nov 28, 2025	-4.90% Jul 24, 2025 - Aug 11, 2025
#6	-4.37% Sep 18, 2025 - Oct 21, 2025	-3.12% Feb 14, 2025 - Feb 20, 2025
#7	-3.76% Nov 11, 2024 - Nov 25, 2024	-2.44% Jul 14, 2025 - Jul 16, 2025
#8	-3.55% Dec 11, 2025 - Jan 6, 2026	-2.05% May 13, 2025 - May 20, 2025
#9	-3.21% May 6, 2026 - May 22, 2026	-0.94% Jul 22, 2025 - Jul 24, 2025
#10	-3.00% Jul 1, 2026 - Jul 8, 2026	-0.64% Jul 17, 2025 - Jul 22, 2025
#11	-2.78% Jun 4, 2026 - Jun 15, 2026	-0.40% May 9, 2025 - May 13, 2025
#12	-2.77% Feb 12, 2024 - Feb 15, 2024	N/A
#13	-2.27% Jan 22, 2026 - Feb 6, 2026	N/A
#14	-2.19% Apr 20, 2026 - May 5, 2026	N/A
#15	-2.08% Jun 15, 2026 - Jun 25, 2026	N/A

Correlation

Correlation between ETHO and NCIQ is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101