ProShares Ether ETF (EETH) — Stock Correlations & Overview
Over the past year, EETH has moved most closely with BETE, ETHA, ETHU. Explore the stocks most correlated and inversely correlated with EETH below, along with its price, financials, and company profile.
Stocks correlated with EETH
Correlation of daily returns. Higher positive values move with EETH; negative values move opposite it. Informational only, not investment advice.
Most correlated with EETH
| Symbol | Company | Correlation |
|---|---|---|
| BETE | ProShares Bitcoin & Ether Equal Weight ETF | 0.98 |
| ETHA | iShares Ethereum Trust ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.98 |
| ETHU | 2x Ether ETF | 0.98 |
| ETHE | Grayscale Ethereum Staking ETF SharesCOMMODITY CONTRACTS BROKERS & DEALERS | 0.98 |
| ETHT | ProShares Ultra Ether ETF | 0.98 |
Frequently asked questions about EETH correlations
- Which stocks are most correlated with EETH?
- Based on one year of daily returns, the stocks most correlated with ProShares Ether ETF (EETH) are BETE (0.98), ETHA (0.98) and ETHU (0.98). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with EETH?
- Over the past year, the stocks most inversely correlated with ProShares Ether ETF (EETH) are ETHD (-0.97), SETH (-0.97) and BTCZ (-0.89). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these EETH correlations calculated?
- We compute the correlation of daily returns between EETH and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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