Grayscale Ethereum Staking ETF Shares (ETHE) — Stock Correlations & Overview
Over the past year, ETHE has moved most closely with FETH, ETH, ETHW. Explore the stocks most correlated and inversely correlated with ETHE below, along with its price, financials, and company profile.
Stocks correlated with ETHE
Correlation of daily returns. Higher positive values move with ETHE; negative values move opposite it. Informational only, not investment advice.
Most correlated with ETHE
| Symbol | Company | Correlation |
|---|---|---|
| FETH | Fidelity Ethereum FundFINANCE SERVICES | 1.00 |
| ETH | Grayscale Ethereum Staking Mini ETF SharesCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
| ETHW | Bitwise Ethereum ETFFINANCE SERVICES | 1.00 |
| ETHV | VanEck Ethereum ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
| EZET | Franklin Ethereum ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 1.00 |
Frequently asked questions about ETHE correlations
- Which stocks are most correlated with ETHE?
- Based on one year of daily returns, the stocks most correlated with Grayscale Ethereum Staking ETF Shares (ETHE) are FETH (1.00), ETH (1.00) and ETHW (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 ETHE?
- Over the past year, the stocks most inversely correlated with Grayscale Ethereum Staking ETF Shares (ETHE) are ETHD (-0.99), SETH (-0.99) and BTCZ (-0.91). 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 ETHE correlations calculated?
- We compute the correlation of daily returns between ETHE 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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