Onchain Economy ETF (NODE) Performance
NODE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.5% since Dec 31, 2025
- 1 year
- −24.3% total return
- Since first price
- +28.5% since 2025
NODE trailing returns vs SPY, QQQ, AGG
| Period | NODE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −26.6% | −26.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −23.6% | −23.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −19.7% | −22.6% | +7.8% | +8.4% | −1.5% |
| YTD | −6.5% | −9.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −24.3% | −27.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionMay 14, 2025 | +28.5% | +18.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NODE vs SPY
From May 14, 2025: NODE grew to $12,852, SPY to $13,148.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NODE returns by calendar year
2026 is year to date.
NODE annual returns table
| Year | NODE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.5% | −34.0% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NODE largest drawdowns
Now 34.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 15, 2025 | −35.3% | Mar 30, 2026 | May 26, 2026 | 5 months | 7 months |
| Jun 1, 2026 | −34.0% | Oct 23, 2026 | not yet | 5 months | 5 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NODE risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +39.0% |
| Volatility (annualized) | 44.0% |
| Sharpe ratio | 0.87 |
| Sortino ratio | 1.69 |
| Best month | +24.8% |
| Worst month | −13.5% |
| Best 12 months | +86.7% |
| Worst 12 months | +0.2% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NODE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 6 | −27.6% | +21.1% | +86.7% | 83% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
NODE performance overview
Onchain Economy ETF (NODE) returned −24.3% over the past year, with distributions reinvested. Since its first recorded price on May 14, 2025 it has returned +28.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.3%, from Oct 15, 2025 to Mar 30, 2026, and it took 57 days to get back to the old high. Volatility has been 44.0% a year.
Related: NODE chart, NODE holdings, NODE dividends. See the NODE overview for the latest quote and fund facts.
NODE performance FAQ
What is the NODE return over the past year?
NODE returned −24.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 27.8%.
How much would $10,000 invested in NODE be worth?
$10,000 invested in NODE at its first recorded close on May 14, 2025 would be worth about $12,852 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of NODE?
The largest peak-to-trough decline was −35.3% between October 15, 2025 and March 30, 2026. It recovered to the old high on May 26, 2026, 57 days after the bottom.
How volatile is NODE?
Over the past history NODE had an annualized volatility of 44.0% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).