Ethereum (ETH) is 134.9× the size of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) by market capitalisation. Both have run at a similar volatility, around 33% annualised.
| Period | BUIDL | ETH | Ahead |
|---|---|---|---|
| 7 days | +0.00% | +4.23% | ETH |
| 30 days | +0.00% | +13.15% | ETH |
| 90 days | — | +54.23% | — |
| 1 year | — | -41.08% | — |
| Metric | BUIDL | ETH |
|---|---|---|
| Max drawdown (400d) | 0.0% | -67.5% |
| Risk-adjusted return (90d) | — | 0.97 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: ETH outperformed BUIDL by 21.8% — measured on the BUIDL/ETH ratio, so it holds regardless of market direction.