ETHW vs MVV
Comparison between Bitwise Ethereum ETF (The) (ETHW, ETF) and PROSHARES ULTRA MIDCAP400 (MVV, ETF).
ETHW vs MVV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
ETHW
$168M
MVV
$168M
Max Drawdown
Winner
ETHW
67.89%
MVV
86.35%
Sharpe Ratio
ETHW
-0.63
Winner
MVV
0.98
5Y Beta
ETHW
2.13
Winner
MVV
2.01
P/E Ratio
ETHW
N/A
MVV
25.54
Forward P/E
ETHW
N/A
MVV
16.84
5Y Dividends CAGR
ETHW
N/A
MVV
48.42%
5Y EPS CAGR
ETHW
N/A
MVV
13.20%
Debt to Equity
ETHW
N/A
MVV
45.99%
P/S Ratio
ETHW
N/A
MVV
1.66
P/B Ratio
ETHW
N/A
MVV
2.81
ETHW vs MVV - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ETHW
+10.97%
MVV
-1.59%
3M
ETHW
-16.40%
Winner
MVV
+6.27%
6M
ETHW
-36.53%
Winner
MVV
+12.37%
1Y
ETHW
-48.70%
Winner
MVV
+36.43%
5Y(CAGR)
ETHW
N/A
MVV
+7.68%
10Y(CAGR)
ETHW
N/A
MVV
+13.18%
Max(CAGR)
ETHW
-25.66%
Winner
MVV
+11.43%
ETHW vs MVV - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | ETHW | MVV |
|---|---|---|
| 2026 | -38.41% | +23.90% |
| 2025 | -14.16% | +4.14% |
| 2024 | -3.54% | +18.77% |
| 2023 | N/A | +23.70% |
| 2022 | N/A | -32.28% |
| 2021 | N/A | +53.56% |
| 2020 | N/A | +5.89% |
| 2019 | N/A | +50.98% |
| 2018 | N/A | -26.72% |
| 2017 | N/A | +29.39% |
| 2016 | N/A | +43.69% |
| 2015 | N/A | -7.38% |
| 2014 | N/A | +18.60% |
| 2013 | N/A | +62.98% |
| 2012 | N/A | +31.00% |
| 2011 | N/A | -14.88% |
| 2010 | N/A | +47.37% |
| 2009 | N/A | +60.56% |
| 2008 | N/A | -67.39% |
| 2007 | N/A | +3.93% |
| 2006 | N/A | +14.49% |
ETHW vs MVV Drawdown Comparison
The maximum drawdown for ETHW was -67.89%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The maximum drawdown for MVV was -85.56%, occurring on Mar 9, 2009. Recovery took 1487 trading sessions.
The current ETHW drawdown is -60.33%. The current MVV drawdown is -4.03%.
| Rank | ETHW | MVV |
|---|---|---|
| #1 | -67.89% Aug 22, 2025 - Jun 25, 2026 | -85.56% Jun 4, 2007 - Apr 30, 2013 |
| #2 | -64.04% Dec 6, 2024 - Aug 11, 2025 | -69.19% Feb 20, 2020 - Dec 15, 2020 |
| #3 | -35.81% Jul 23, 2024 - Nov 25, 2024 | -45.52% Nov 16, 2021 - Nov 6, 2024 |
| #4 | -12.71% Aug 13, 2025 - Aug 22, 2025 | -44.80% Nov 25, 2024 - Feb 6, 2026 |
| #5 | -5.28% Nov 25, 2024 - Nov 27, 2024 | -42.33% Aug 29, 2018 - Jan 16, 2020 |
| #6 | -1.79% Dec 4, 2024 - Dec 6, 2024 | -36.76% Jun 23, 2015 - Aug 5, 2016 |
| #7 | -1.07% Nov 27, 2024 - Dec 4, 2024 | -20.79% Jul 1, 2014 - Nov 24, 2014 |
| #8 | N/A | -18.80% Jan 26, 2018 - Jul 9, 2018 |
| #9 | N/A | -17.68% Feb 20, 2026 - Apr 17, 2026 |
| #10 | N/A | -14.87% Jul 3, 2006 - Oct 12, 2006 |
| #11 | N/A | -14.25% May 7, 2021 - Oct 20, 2021 |
| #12 | N/A | -14.24% May 21, 2013 - Jul 11, 2013 |
| #13 | N/A | -14.10% Feb 22, 2007 - Apr 16, 2007 |
| #14 | N/A | -13.90% Jan 22, 2014 - Feb 26, 2014 |
| #15 | N/A | -12.88% Sep 7, 2016 - Nov 14, 2016 |
Correlation
Correlation between ETHW and MVV is -0.24 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.24
-101
Select Stocks to Compare
Popular: ETHW vs SPYMVV vs SPY
More Comparisons
Compare with similar stocks