ProShares Ultra Ether ETF
AThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$13.20+0.15 (+1.18%)
- 0.96%
- $213M
- −82.1%
- 1.74%
- 1.72M sh
- low $7.07high $68.37
The ETF.net ETHT Grade
A
Score 76 out of 100
- 2 of 14
Score 76 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A91 out of 100Rank 1 of 14Mission
Whether the fund did what it promised, tested against its stated mandate.F0 out of 100Rank 2 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 7 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 4 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 3 of 14
Our read on ETHT
In short
AProShares opened the US market for leveraged ether in June 2024, and it runs the low-cost version: 0.96% to target twice ether's daily move, below the typical fee among 2x crypto funds.
Stated mandate
The fund seeks daily investment results equal to twice the daily performance of ether, before fees and expenses.
Why people hold it
Worth knowing
ETHT Holdings
- Other
- 1
- 100%
- Net Other Assets (Liabilities)
ETHT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
ETHT$1,786
Returns run to the Oct 30, 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 | ETHT |
|---|---|
| Year to date | −65.0% |
| 1 month | −32.0% |
| 3 months | +29.8% |
| 1 year | −82.1% |
| 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 | ETHT |
|---|---|---|
| 2026 YTD | −65.0% | |
| 2025 | −64.8% | |
| 2024 | −41.7% |
ETHT in the news
ETHT Dividends
- 1.74%
- $0.23
- $0.01 per share
- Monthly
ETHT Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 153.7%
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.
- −0.03
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.
- −96.0%
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.
- 5.26
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
ETHT Cost
Overpaying vs BITU, tied cheapest in 2x Long Crypto
$165
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
ETHT 0.96%
$18,034
BITU 0.95% Tied cheapest
$17,869
Cost over time
Year by year
| Year | ETHT | BITU | Overpaying |
|---|---|---|---|
| 10 | $1,695 | $1,678 | $17 |
| 20 | $6,383 | $6,322 | $61 |
| 30 | $18,034 | $17,869 | $165 |
Other funds in 2x Long Crypto
- ABITUProShares Ultra Bitcoin ETFExpense ratio 0.95%1 year return −65.6%
- BBTCLT-Rex 2X Long Bitcoin Daily Target ETFExpense ratio 0.95%1 year return −66.6%
- BBITX2x Bitcoin Strategy ETFExpense ratio 2.75%1 year return −64.7%
- CUXRPProShares Ultra XRP ETFExpense ratio 1.67%1 year return −88.8%
- CSUILVolatility Shares 2x Sui ETFExpense ratio 1.85%1 year return
