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Launched · SEC filings

VanEck Ethereum ETF

ETHVCboeVanEckB

$32.79+0.17 (+0.51%)

At close: Nov 2, 2026, 4:00 PM ET

B67/ 100

Rank 3 of 11 in Spot Ether

B67/100Rank 3 of 11inSpot Ether
Intraday session: up, 79 prints from 32.63 to 32.79. Range 32.63 to 33.49. Use the arrow keys to read each point.33.0033.2033.4010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$101M
1Y total return
−42.6%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
43.3K sh
52W range
low $22.40high $71.17
Launched
Filings
SEC EDGAR

The ETF.net ETHV Grade

Based on 5 of 6 pillars

B

Score 67 out of 100

Category
Spot Ether⁠
Rank
3 of 11
Six-pillar profile for ETHV. Scores out of 100: Cost 70, Risk 38, Mission 100, Tradability 41, Holdings not scored, Durability 61. Strongest: Mission (100). Weakest: Risk (38). Based on 5 of 6 pillars.

Score 67 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 100
    Rank 3 of 11

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 9

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D38 out of 100
    Rank 5 of 11

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 7 of 11

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B61 out of 100
    Rank 4 of 11

Our read on ETHV

ETF.net Research

In short

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.

Stated mandate

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

Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Ether100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataEther100.02%45,288$106M1

Showing 1–1 of 1 holdings

ETHV Performance

Launched Jun 25, 2024

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$5,743
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. ETHV $5,743. SPY $11,199. Use the arrow keys to read each point.$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

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.

Trailing total return for ETHV. Periods over one year show the average yearly return.
PeriodETHV
Year to date−24.9%
1 month−16.2%
3 months+19.7%
1 year−42.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ETHV
YearReturn barETHV
2026 YTD−24.9%
2025−11.0%
2024−3.7%

History from Jul 23, 2024

ETHV in the news

ETHV Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

ETHV Risk

Risk pillarD38 out of 100Rank 5 of 11 in Spot Ether
How much the fund’s monthly returns vary, scaled to a year.
75.4%
Annualised · 27 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.06
vs 3-month T-bills · 27 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−67.9%
27 months · trough Jun 2026
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.

How strongly the fund’s returns move with its asset-class index.
2.55
vs its asset-class index
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.

ETHV Cost

Compare ETHV and MSSE

Overpaying vs MSSE, cheapest in Spot Ether

$1,223

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ETHV 0.20%

    $4,155

  • MSSE 0.14% Cheapest

    $2,932

$10,000
30 years

Cost over time

  • ETHV 0.20%
  • MSSE 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530ETHV $4,155MSSE $2,932

Year by year

YearETHVMSSEOverpaying
10$365$256$109
20$1,421$1,000$421
30$4,155$2,932$1,223

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