ProShares - Bitcoin & Ether Market Cap Weight ETF
$46.71−1.24 (−2.59%)
- Expense ratio
- 0.95%
- Fund size
- $13M
- 1Y return
- −27.9%
- Yield · Last 12 months
- 23.67%
- Holdings
- 3
- Volume · 30D
- 0M sh
- NAV per share
- $48.14
- 52W range
The ETF.net BETH Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 82Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on BETH
ABitcoin or ether? BETH declines to choose. It holds both through futures inside a 1940 Act fund, weighted by market size, so the bigger coin gets the bigger slice and the mix reshuffles itself as the two trade places.
BETH seeks performance corresponding to a market-capitalization-weighted basket of bitcoin and ether.
Why people hold it
- Two coins, one ticker: bitcoin and ether held in market-cap proportions, so the split follows the market rather than a hand-picked ratio.proshares.com
- Charges 0.95% a year, below the median fee in its crypto-derivative peer group.
- Ordinary brokerage plumbing: a registered fund using futures, so there is no crypto exchange account, wallet, or direct coin custody in the picture.proshares.com
- Runs on a monthly distribution cadence, which ProShares flags as a difference from spot crypto products.proshares.com
Worth knowing
- Futures, not coins. ProShares states the fund invests in futures and not directly in bitcoin and ether, so results can diverge from spot prices.proshares.com
- A small, thinly traded fund next to the crypto ETFs that hog the volume, which can show up as wider bid-ask spreads.
- Market-cap weighting hands bitcoin the larger share by design. Sibling fund BETE splits the two evenly at the same 0.95% fee.
BETH Holdings
- Other
- 3
- 100%
- Net Other Assets (Liabilities)
BETH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BETH |
|---|---|
| Year to date | −5.3% |
| 1 month | +11.6% |
| 3 months | +35.9% |
| 1 year | −27.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BETH |
|---|---|---|
| 2026 YTD | −5.3% | |
| 2025 | −10.6% | |
| 2024 | +85.2% | |
| 2023 | +42.7% |
BETH in the news
ETF.net Research hasn’t filed on BETH yet — coverage lands here as it’s written.
BETH Dividends
- 23.67%
- $11.35
- $0.05 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.05 |
| Aug 3, 2026 | Aug 7, 2026 | $0.03 |
| Jul 1, 2026 | Jul 8, 2026 | $0.04 |
| Jun 1, 2026 | Jun 5, 2026 | $0.05 |
| May 1, 2026 | May 7, 2026 | $0.03 |
| Apr 1, 2026 | Apr 8, 2026 | $0.04 |
| Mar 2, 2026 | Mar 6, 2026 | $0.05 |
| Feb 2, 2026 | Feb 6, 2026 | $0.03 |
| Dec 24, 2025 | Dec 31, 2025 | $2.76 |
| Dec 1, 2025 | Dec 5, 2025 | $2.83 |
| Nov 3, 2025 | Nov 7, 2025 | $2.85 |
| Oct 1, 2025 | Oct 7, 2025 | $2.58 |
BETH Risk
- 54.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.52
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −56.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BETH Cost
- The middle half of Crypto Derivatives funds
- Median 1.08%
No Crypto Derivatives fund charges less.