RNEM vs BAVA
Comparison between EMERGING MARKETS EQUITY SELECT ETF (RNEM, ETF) and Bitwise Avalanche ETF (BAVA, ETF).
RNEM vs BAVA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
RNEM
$16M
Winner
BAVA
$17M
Expense Ratio
RNEM
0.76%
Winner
BAVA
0.34%
Max Drawdown
RNEM
41.82%
Winner
BAVA
40.15%
Sharpe Ratio
Winner
RNEM
0.11
BAVA
-2.41
5Y Beta
Winner
RNEM
0.58
BAVA
2.21
5Y Dividends CAGR
RNEM
-2.03%
BAVA
N/A
RNEM vs BAVA - Historical Returns
Returns include dividend reinvestment.
1M
RNEM
+0.60%
Winner
BAVA
+6.29%
3M
Winner
RNEM
-1.60%
BAVA
-27.53%
6M
RNEM
-0.16%
BAVA
N/A
1Y
RNEM
+4.28%
BAVA
N/A
5Y(CAGR)
RNEM
+5.32%
BAVA
N/A
10Y(CAGR)
RNEM
+4.24%
BAVA
N/A
Max(CAGR)
Winner
RNEM
+4.24%
BAVA
-73.29%
RNEM vs BAVA - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | RNEM | BAVA |
|---|---|---|
| 2026 | +1.12% | -29.57% |
| 2025 | +14.82% | N/A |
| 2024 | -0.13% | N/A |
| 2023 | +23.36% | N/A |
| 2022 | -8.72% | N/A |
| 2021 | +5.91% | N/A |
| 2020 | -9.24% | N/A |
| 2019 | +13.61% | N/A |
| 2018 | -9.36% | N/A |
| 2017 | +11.97% | N/A |
RNEM vs BAVA Drawdown Comparison
The maximum drawdown for RNEM was -38.38%, occurring on Mar 23, 2020. Recovery took 1377 trading sessions.
The maximum drawdown for BAVA was -40.15%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current RNEM drawdown is -4.23%. The current BAVA drawdown is -34.74%.
| Rank | RNEM | BAVA |
|---|---|---|
| #1 | -38.38% Jan 24, 2018 - Jul 17, 2023 | -40.15% May 11, 2026 - Jun 25, 2026 |
| #2 | -13.10% Sep 26, 2024 - May 12, 2025 | -8.30% Apr 16, 2026 - May 8, 2026 |
| #3 | -10.71% Feb 25, 2026 - Mar 30, 2026 | N/A |
| #4 | -10.64% Jul 26, 2023 - Dec 27, 2023 | N/A |
| #5 | -7.32% Jul 8, 2025 - Jan 22, 2026 | N/A |
| #6 | -5.52% Jul 12, 2024 - Sep 19, 2024 | N/A |
| #7 | -4.87% Dec 28, 2023 - Feb 22, 2024 | N/A |
| #8 | -4.74% May 20, 2024 - Jul 12, 2024 | N/A |
| #9 | -4.62% Oct 13, 2017 - Dec 29, 2017 | N/A |
| #10 | -4.17% Apr 9, 2024 - May 6, 2024 | N/A |
| #11 | -3.65% Sep 11, 2017 - Oct 13, 2017 | N/A |
| #12 | -2.56% Aug 8, 2017 - Aug 30, 2017 | N/A |
| #13 | -2.39% May 15, 2025 - Jun 11, 2025 | N/A |
| #14 | -2.30% Jan 27, 2026 - Feb 9, 2026 | N/A |
| #15 | -2.12% Feb 22, 2024 - Mar 7, 2024 | N/A |
Correlation
Correlation between RNEM and BAVA is -0.15 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.15
-101
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