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BETE vs BETH

ProShares Bitcoin & Ether Equal Weight ETF

BETEBNYSE Arca

ProShares Bitcoin & Ether Market Cap Weight ETF

BETHANYSE Arca

Overlap

Expense ratio

BETH −0.08pt a year

BETE1.03%BETH0.95%

Avg volume · 30D

BETE 1.4×the volume

BETE1.72KBETH1.2K

3Y return · a year

BETH +4.0pt

BETE+13.8%BETH+17.8%

BETE vs BETH Performance

Oct 31, 2025 – Oct 30, 2026

−38.8%BETE−35.0%BETH

Oct 31, 2025 to Oct 30, 2026. BETE −38.8%. BETH −35.0%. Use the arrow keys to read each point.−50%−20%−10%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BETE 1.03%
BETH 0.95%, better
Fund size
BETE $8M
BETH $11M
1Y total return
BETE −38.8%
BETH −35.0%, better
Yield (12M)
BETE 31.48%, better
BETH 21.13%
Holdings
BETE 2
BETH 2
Avg volume (30D)
BETE 1.72K sh, better
BETH 1.2K sh
NAV per share
BETE $35.80
BETH $41.74
52W range

ETF.net Grade

BETE: Cost 74, Risk 47, Mission not scored, Tradability 60, Holdings not scored, Durability 69. BETH: Cost 88, Risk 63, Mission not scored, Tradability 52, Holdings not scored, Durability 73.
Pillar letters and Scores for BETE, BETH, with each pillar’s weight
PillarBETEBETH
Cost30% weightA74A88Higher
Mission25% weightNot scoredNot scored
Risk15% weightC47B63Higher
Tradability15% weightB60HigherC52
Holdings10% weightNot scoredNot scored
Durability5% weightB69A73Higher

Rank among Crypto Derivatives funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BETE and BETH are both graded against the same 5 Crypto Derivatives funds, so their Grades compare head to head.

Crypto Derivatives⁠

Category · 5 funds
See all 5 ›

BETH ranks 1st and BETE 3rd of 5 funds in the Crypto Derivatives Category.

  1. Rank 1ABETHProShares Bitcoin & Ether Market Cap Weight ETFScore 72
  2. Rank 2BEETHProShares Ether ETFScore 65
  3. Rank 3BBETEProShares Bitcoin & Ether Equal Weight ETFScore 64
  4. Rank 4DSOLZVolatility Shares Solana ETFScore 41

Our read on each fund

ETF.net Research

BETEBProShares Bitcoin & Ether Equal Weight ETF

BETHAProShares Bitcoin & Ether Market Cap Weight ETF

In short

BETE Bitcoin and ether, each exactly half the basket, held through futures rather than the coins themselves. A deliberately even-handed take on the two, for 1.03%, below the category median fee.

BETH Bitcoin 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.

Stated mandate

BETE The Fund seeks to track the performance of an equal-weight basket of bitcoin and ether, primarily through futures contracts rather than direct holdings of either asset.

BETH BETH seeks performance corresponding to a market-capitalization-weighted basket of bitcoin and ether.

Why people hold it

  • BETE Equal weight is the entire point: bitcoin and ether each hold half the basket, so one coin's market cap doesn't set the fund's direction.proshares.com
  • The 1.03% fee is gross and net alike, with no waiver propping it up, and it lands below the median for its crypto-derivatives peers.
  • Launched October 2, 2023, part of the ProShares rollout that brought the first US ether-linked ETF to market.proshares.com
  • Built as a registered 1940 Act fund rather than a commodity pool, and it pays distributions monthly.
  • BETH 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

  • BETE Exposure comes from futures contracts, not the coins, so the cost of rolling those contracts can pull results away from spot bitcoin and ether.
  • It sits among the smaller, thinner-trading funds in its category, which can show up as wider spreads.
  • Equal weight costs a little more than the market-cap route: sibling BETH runs the same two coins at 0.95%, with no waiver in the mix.
  • BETH 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.

Full BETE profile⁠

Full BETH profile⁠

BETE vs BETH Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BETE vs BETH Cost

Overpaying BETE vs BETH

$1,304

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

  • BETE 1.03%

    $19,173

  • BETH 0.95%

    $17,869

$10,000
30 years

Cost over time

  • BETE 1.03%
  • BETH 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BETE $19,173BETH $17,869

Year by year

YearBETEBETHOverpaying
10$1,814$1,678$136
20$6,807$6,322$485
30$19,173$17,869$1,304

Expense ratio

  • 1.03%BETE
  • 0.95%BETH, cheaper
  • Middle half of Crypto Derivatives funds
  • Median 1.03%

BETH cheapest of 5 funds

BETE 2nd cheapest of 5 funds

BETE vs BETH Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BETE 31.48%, better
BETH 21.13%
Payout (12M)
BETE $11.27
BETH $8.81
Last payment
BETE $0.03
BETH $0.04
Ex-dividend
BETE Oct 1, 2026
BETH Oct 1, 2026
Paid on
BETE Oct 7, 2026
BETH Oct 7, 2026
Frequency
BETE Monthly
BETH Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BETEMonthly · 32 paymentsAll BETE payments⁠
One bar per payment. 32 payments from 2023 to 2026 YTD. Nov 1, 2023 $0.04; Dec 1, 2023 $0.11; Dec 20, 2023 $0.30; Feb 1, 2024 $0.34; Mar 1, 2024 $1.81; Apr 1, 2024 $2.13; May 1, 2024 $2.79; Jun 3, 2024 $2.10; Jul 1, 2024 $1.71; Aug 1, 2024 $1.00; Dec 23, 2024 $0.26; Feb 3, 2025 $2.53; Mar 3, 2025 $1.61; Apr 1, 2025 $0.08; May 1, 2025 $0.07; Jun 2, 2025 $1.92; Jul 1, 2025 $1.47; Aug 1, 2025 $4.49; Sep 2, 2025 $5.11; Oct 1, 2025 $3.09; Nov 3, 2025 $3.73; Dec 1, 2025 $3.71; Dec 24, 2025 $3.56; Feb 2, 2026 $0.01; Mar 2, 2026 $0.05; Apr 1, 2026 $0.03; May 1, 2026 $0.02; Jun 1, 2026 $0.04; Jul 1, 2026 $0.03; Aug 3, 2026 $0.02; Sep 1, 2026 $0.04; Oct 1, 2026 $0.03. Use the arrow keys to read each point.$0$520232026YTD
BETHMonthly · 36 paymentsAll BETH payments⁠
One bar per payment. 36 payments from 2023 to 2026 YTD. Nov 1, 2023 $0.06; Dec 1, 2023 $0.05; Dec 20, 2023 $0.10; Feb 1, 2024 $0.52; Mar 1, 2024 $2.50; Apr 1, 2024 $2.46; May 1, 2024 $2.44; Jun 3, 2024 $2.82; Jul 1, 2024 $2.16; Aug 1, 2024 $1.93; Sep 3, 2024 $0.69; Oct 1, 2024 $0.46; Nov 1, 2024 $0.26; Dec 2, 2024 $0.31; Dec 23, 2024 $0.36; Feb 3, 2025 $2.77; Mar 3, 2025 $1.97; Apr 1, 2025 $0.50; May 1, 2025 $0.93; Jun 2, 2025 $2.73; Jul 1, 2025 $1.97; Aug 1, 2025 $4.19; Sep 2, 2025 $3.37; Oct 1, 2025 $2.58; Nov 3, 2025 $2.85; Dec 1, 2025 $2.83; Dec 24, 2025 $2.76; Feb 2, 2026 $0.03; Mar 2, 2026 $0.05; Apr 1, 2026 $0.04; May 1, 2026 $0.03; Jun 1, 2026 $0.05; Jul 1, 2026 $0.04; Aug 3, 2026 $0.03; Sep 1, 2026 $0.05; Oct 1, 2026 $0.04. Use the arrow keys to read each point.$0$520232026YTD

BETE vs BETH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BETE 59.8%BETH 53.0%, better
Return per unit of riskSharpe ratio, 3 years
BETE 0.42BETH 0.47, better
Worst fallMax drawdown, 5 years
BETE −61.4%since Oct 2023BETH −56.9%since Oct 2023
Market sensitivityBeta, 5 years
BETE 2.46BETH 2.13

Popular comparisons

  • BETEBvsEETHB

    ProShares Bitcoin & Ether Equal Weight ETF · ProShares Ether ETF

    Expense ratio
    1.03% · 1.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BETHAvsEETHB

    ProShares Bitcoin & Ether Market Cap Weight ETF · ProShares Ether ETF

    Expense ratio
    0.95% · 1.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BETEBvsSOLZD

    ProShares Bitcoin & Ether Equal Weight ETF · Volatility Shares Solana ETF

    Expense ratio
    1.03% · 1.64%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BETHAvsSOLZD

    ProShares Bitcoin & Ether Market Cap Weight ETF · Volatility Shares Solana ETF

    Expense ratio
    0.95% · 1.64%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BETEBvsXRPID

    ProShares Bitcoin & Ether Equal Weight ETF · XRP ETF

    Expense ratio
    1.03% · 1.68%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BETHAvsXRPID

    ProShares Bitcoin & Ether Market Cap Weight ETF · XRP ETF

    Expense ratio
    0.95% · 1.68%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.