Fidelity Ethereum Fund
$26.57−0.82 (−3.01%)
History starts Jul 23, 2024.
- Expense ratio
- 0.25%
- Fund size
- $1.4B
- 1Y return
- −33.7%
- Yield · Last 12 months
- —
- Volume · 30D
- 2M sh
- NAV per share
- $27.53
- 52W range
The ETF.net FETH Grade
Score 60 of 100 sits in the B 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.DScore 31Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 72Category 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.BScore 62Category rank
Our read on FETH
BFidelity's spot ether fund keeps the coins in-house: the ether sits with Fidelity Digital Assets, a New York-chartered trust company, instead of being farmed out to a third-party custodian like most of the shelf.
The Trust aims to track ether's performance through the Fidelity Ethereum Reference Rate, after accounting for the Trust's expenses and other liabilities.
Why people hold it
- Fidelity custodies its own fund's ether through Fidelity Digital Assets, chartered by New York regulators since 2019, a setup no other digital-asset ETP issuer had at launch.newsroom.fidelity.comfidelitydigitalassets.com
- Plain ether, no derivatives: the trust holds the coin and tracks the Fidelity Ethereum Reference Rate after expenses, and it has stayed very close to that rate.fidelity.com
- One of the original July 2024 spot ether launches and an actively traded name in the group, which tends to show up as tighter spreads for buyers.
Worth knowing
- The 0.25% sponsor fee sits at the top of this group: Grayscale's ETH charges 0.15% and Bitwise's ETHW 0.20% for the same spot exposure.
- It is a grantor trust, not a 1940 Act fund, so the usual mutual fund and ETF investor protections do not apply.
- No distributions here. It is pure price exposure to one volatile asset, and the ride reflects that.fidelity.com
FETH Holdings
- Other
- —
- 100%
- ETHEREUM
FETH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FETH$6,634
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 | FETH |
|---|---|
| Year to date | −7.5% |
| 1 month | +13.9% |
| 3 months | +58.7% |
| 1 year | −33.7% |
| 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 | FETH |
|---|---|---|
| 2026 YTD | −7.5% | |
| 2025 | −11.4% | |
| 2024 | −3.6% |
FETH in the news
FETH Dividends
No distributions in the last 12 months.
FETH Risk
- 77.4%
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.
- 0.12
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.
- 2.61
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FETH Cost
0.25%
FETH0.25%
- The middle half of Spot Ether funds
- Median 0.21%
6 of the 11 Spot Ether funds charge less.