QETH vs BAVA

Comparison between Invesco Galaxy Ethereum ETF (QETH, ETF) and Bitwise Avalanche ETF (BAVA, ETF).

QETH vs BAVA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QETH(ETF)	BAVA(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.25%	0.34%
Max Drawdown	67.90%	40.15%
Sharpe Ratio	-0.77	-1.06
5Y Beta	1.99	1.96

Net Assets

QETH

$16M

Winner

BAVA

$16M

Expense Ratio

Winner

QETH

0.25%

BAVA

0.34%

Max Drawdown

QETH

67.90%

Winner

BAVA

40.15%

Sharpe Ratio

Winner

QETH

-0.77

BAVA

-1.06

5Y Beta

QETH

1.99

Winner

BAVA

1.96

QETH vs BAVA - Historical Returns

Returns include dividend reinvestment.

Period	QETH	BAVA
1 month	+32.47%	+20.00%
3 months	+19.09%	-17.79%
6 months	+18.51%	N/A
1 year	-44.41%	N/A
Max(CAGR)	-15.23%	-46.78%

Winner

QETH

+32.47%

BAVA

+20.00%

Winner

QETH

+19.09%

BAVA

-17.79%

QETH

+18.51%

BAVA

N/A

QETH

-44.41%

BAVA

N/A

Max(CAGR)

Winner

QETH

-15.23%

BAVA

-46.78%

QETH vs BAVA - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	QETH	BAVA
2026	-21.06%	-20.38%
2025	-14.32%	N/A
2024	-3.58%	N/A

QETH vs BAVA Drawdown Comparison

The maximum drawdown for QETH was -67.90%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for BAVA was -40.15%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The current QETH drawdown is -49.19%. The current BAVA drawdown is -26.22%.

Rank	QETH	BAVA
#1	-67.90% Aug 22, 2025 - Jun 25, 2026	-40.15% May 11, 2026 - Jun 25, 2026
#2	-64.07% Dec 6, 2024 - Aug 11, 2025	-8.30% Apr 16, 2026 - May 8, 2026
#3	-35.81% Jul 23, 2024 - Nov 25, 2024	N/A
#4	-12.80% Aug 13, 2025 - Aug 22, 2025	N/A
#5	-5.17% Nov 25, 2024 - Nov 27, 2024	N/A
#6	-1.80% Dec 4, 2024 - Dec 6, 2024	N/A
#7	-1.40% Nov 27, 2024 - Dec 4, 2024	N/A