iShares Ethereum Trust ETF vs Hashdex Nasdaq Crypto Index ETF: Is Diversification a Winning Crypto Strategy?
One fund bets on Ether alone; the other diversifies across Bitcoin and other digital assets. Both charge 0.25% but differ sharply in scale and volatility.
Overview
The choice between the iShares Ethereum Trust ETF (NASDAQ:ETHA) and the Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) hinges on whether an investor seeks pure exposure to one digital asset or a diversified crypto index. The iShares fund provides a targeted bet on the Ethereum (CRYPTO:ETH) ecosystem, while the Hashdex fund tracks a market-cap-weighted index of Bitcoin (CRYPTO:BTC) and other prominent digital assets.
Beta measures price volatility relative to the S&P 500; beta is calculated from one-year monthly returns. The 1-yr return represents total return over the trailing 12 months.
Details
Both funds are competitively priced with an expense ratio of 0.25%, which is at the lower end for crypto ETFs. They differ considerably in scale as the iShares fund manages $4.9 billion in assets under management (AUM), offering significantly higher liquidity than the Hashdex fund.
Source
Originally published at www.fool.com.