VanEck Ethereum ETF
$36.62−0.17 (−0.46%)
- 0.20%
- $114M
- −37.1%
- 0M sh
- $36.72
- low $22.40high $62.57
The ETF.net ETHV Grade
B
Score 69 out of 100
- 2 of 11
Score 69 of 100 falls in the B 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.A70 out of 100Rank 3 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 9Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 2 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C43 out of 100Rank 7 of 11Holdings
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.B60 out of 100Rank 5 of 11
Our read on ETHV
BA plain wrapper for spot ether: no overlay, no side strategy, just the coin's price minus a fee that undercuts the typical spot-ether fund. Part of the 2024 class that first brought ether into ordinary brokerage accounts.
The Trust passively seeks to track the price of Ether, less its operating expenses, without pursuing a separate investment strategy.
Why people hold it
- Charges 0.20% a year against a 0.25% median for spot-ether funds. On a pure price tracker, the fee is one of the few levers an issuer actually controls.
- Mechanically simple: a grantor trust holding ether that passively tracks the coin's price, less expenses, with no separate investment strategy layered on top.vaneck.com
- Tracking has stayed tight to spot ether, and the fund sits in the upper half of its spot-ether peer group on our review.
- Launched in 2024 alongside the first US spot-ether ETFs, so it has run through a full cycle of crypto's mood swings rather than arriving after the fact.
Worth knowing
- Ether swings hard, and this tracks it down as faithfully as up. The trust isn't built to pay income, so total return is price movement alone.
- Trades moderately rather than heavily next to the category's largest funds, which can mean wider spreads, especially away from busy market hours.
- Same coin, cheaper shelf-mates: ETH lists 0.15% and EZET 0.00%, so price isn't this fund's whole case.
ETHV Holdings
- Other
- 1
- 100%
- Ether
Geography
- United States100.00%
ETHV 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.
ETHV$6,293
Returns run to the Oct 12, 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 | ETHV |
|---|---|
| Year to date | −15.3% |
| 1 month | −0.9% |
| 3 months | +40.6% |
| 1 year | −37.1% |
| 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 | ETHV |
|---|---|---|
| 2026 YTD | −15.3% | |
| 2025 | −11.0% | |
| 2024 | −3.7% |
ETHV in the news
ETHV Dividends
No distributions in the last 12 months.
ETHV Risk
- 76.0%
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.
- 0.16
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.
- −67.9%
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.
- 2.55
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ETHV Cost
0.20%
ETHV0.20%
- The middle half of Spot Ether funds
- Median 0.21%
3 of the 11 Spot Ether funds charge less.
Other funds in Spot Ether
- AETHGrayscale Ethereum Mini Trust ETFExpense ratio 0.15%1 year return −36.0%
- BETHWBitwise Ethereum ETFExpense ratio 0.20%1 year return −37.1%
- BEZETFranklin Ethereum ETFExpense ratio 0.19%1 year return −37.0%
- BTETH21Shares Ethereum ETFExpense ratio 0.21%1 year return −36.7%
- BETHAiShares Ethereum Trust ETFExpense ratio 0.25%1 year return −37.1%