ETHV vs SPXN

Comparison between VanEck Ethereum ETF (ETHV, ETF) and PROSHARES S&P 500 EX-FINANCIALS ETF (SPXN, ETF).

ETHV vs SPXN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ETHV(ETF)	SPXN(ETF)
Net Assets	$77M	$77M
Expense Ratio	0.20%	0.09%
Max Drawdown	67.88%	32.10%
Sharpe Ratio	-0.64	1.30
5Y Beta	2.12	1.01
P/E Ratio	N/A	31.41
Forward P/E	N/A	21.85
5Y Dividends CAGR	N/A	10.15%
5Y EPS CAGR	N/A	28.14%
Debt to Equity	N/A	26.31%
P/S Ratio	N/A	3.72
P/B Ratio	N/A	7.05

Net Assets

ETHV

$77M

Winner

SPXN

$77M

Expense Ratio

ETHV

0.20%

Winner

SPXN

0.09%

Max Drawdown

ETHV

67.88%

Winner

SPXN

32.10%

Sharpe Ratio

ETHV

-0.64

Winner

SPXN

1.30

5Y Beta

ETHV

2.12

Winner

SPXN

1.01

P/E Ratio

ETHV

N/A

SPXN

31.41

Forward P/E

ETHV

N/A

SPXN

21.85

5Y Dividends CAGR

ETHV

N/A

SPXN

10.15%

5Y EPS CAGR

ETHV

N/A

SPXN

28.14%

Debt to Equity

ETHV

N/A

SPXN

26.31%

P/S Ratio

ETHV

N/A

SPXN

3.72

P/B Ratio

ETHV

N/A

SPXN

7.05

ETHV vs SPXN - Historical Returns

Returns include dividend reinvestment.

Period	ETHV	SPXN
1 month	+10.90%	-0.06%
3 months	-16.43%	+6.46%
6 months	-36.57%	+10.34%
1 year	-48.76%	+22.47%
5 years(CAGR)	N/A	+13.55%
10 years(CAGR)	N/A	+15.32%
Max(CAGR)	-25.64%	+15.67%

Winner

ETHV

+10.90%

SPXN

-0.06%

ETHV

-16.43%

Winner

SPXN

+6.46%

ETHV

-36.57%

Winner

SPXN

+10.34%

ETHV

-48.76%

Winner

SPXN

+22.47%

5Y(CAGR)

ETHV

N/A

SPXN

+13.55%

10Y(CAGR)

ETHV

N/A

SPXN

+15.32%

Max(CAGR)

ETHV

-25.64%

Winner

SPXN

+15.67%

ETHV vs SPXN - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	ETHV	SPXN
2026	-38.49%	+11.19%
2025	-14.17%	+18.96%
2024	-3.67%	+25.34%
2023	N/A	+29.18%
2022	N/A	-19.22%
2021	N/A	+28.89%
2020	N/A	+21.06%
2019	N/A	+30.83%
2018	N/A	-3.87%
2017	N/A	+20.84%
2016	N/A	+9.38%
2015	N/A	+8.82%

ETHV vs SPXN Drawdown Comparison

The maximum drawdown for ETHV was -67.88%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPXN was -32.10%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current ETHV drawdown is -60.37%. The current SPXN drawdown is -2.67%.

Rank	ETHV	SPXN
#1	-67.88% Aug 22, 2025 - Jun 25, 2026	-32.10% Feb 19, 2020 - Jul 20, 2020
#2	-64.02% Dec 6, 2024 - Aug 8, 2025	-24.46% Dec 29, 2021 - Dec 8, 2023
#3	-35.93% Jul 23, 2024 - Nov 25, 2024	-19.56% Feb 19, 2025 - Jun 26, 2025
#4	-12.78% Aug 13, 2025 - Aug 22, 2025	-18.59% Sep 26, 2018 - Apr 1, 2019
#5	-5.47% Nov 25, 2024 - Nov 27, 2024	-11.83% Dec 22, 2015 - May 11, 2016
#6	-1.79% Dec 4, 2024 - Dec 6, 2024	-9.77% Sep 2, 2020 - Nov 16, 2020
#7	-1.37% Nov 27, 2024 - Dec 4, 2024	-9.26% Jan 28, 2026 - Apr 14, 2026
#8	N/A	-9.22% Jul 16, 2024 - Sep 19, 2024
#9	N/A	-7.06% Apr 30, 2019 - Jun 20, 2019
#10	N/A	-6.25% Mar 9, 2018 - Jun 4, 2018
#11	N/A	-5.94% Jul 26, 2019 - Oct 25, 2019
#12	N/A	-5.72% Sep 3, 2021 - Oct 26, 2021
#13	N/A	-5.56% Oct 29, 2025 - Jan 9, 2026
#14	N/A	-5.50% Mar 28, 2024 - May 14, 2024
#15	N/A	-5.33% Feb 12, 2021 - Mar 29, 2021