iShares Ethereum Trust ETF (ETHA) — Stock Correlations & Overview
Over the past year, ETHA has moved most closely with ETH, ETHE, FETH. Explore the stocks most correlated and inversely correlated with ETHA below, along with its price, financials, and company profile.
Stocks correlated with ETHA
Correlation of daily returns. Higher positive values move with ETHA; negative values move opposite it. Informational only, not investment advice.
Most correlated with ETHA
| Symbol | Company | Correlation |
|---|---|---|
| ETH | Grayscale Ethereum Staking Mini ETF SharesCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
| ETHE | Grayscale Ethereum Staking ETF SharesCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
| FETH | Fidelity Ethereum FundFINANCE SERVICES | 1.00 |
| ETHW | Bitwise Ethereum ETFFINANCE SERVICES | 1.00 |
| QETH | Invesco Galaxy Ethereum ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
Frequently asked questions about ETHA correlations
- Which stocks are most correlated with ETHA?
- Based on one year of daily returns, the stocks most correlated with iShares Ethereum Trust ETF (ETHA) are ETH (1.00), ETHE (1.00) and FETH (1.00). 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 ETHA?
- Over the past year, the stocks most inversely correlated with iShares Ethereum Trust ETF (ETHA) are ETHD (-0.99), SETH (-0.99) and BTCZ (-0.92). 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 ETHA correlations calculated?
- We compute the correlation of daily returns between ETHA 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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