Skip to content
etf.net

BETE vs EETH

ProShares Bitcoin & Ether Equal Weight ETF

BETEBNYSE Arca

ProShares Ether ETF

EETHBNYSE Arca

Overlap

85.1%by weight

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

BETE1.03%EETH1.03%

Avg volume · 30D

EETH 34.1×the volume

BETE1.72KEETH58.5K

3Y return · a year

BETE +13.2pt

BETE+13.8%EETH+0.6%

BETE vs EETH Performance

Oct 31, 2025 – Oct 30, 2026

−38.8%BETE−44.2%EETH

Oct 31, 2025 to Oct 30, 2026. BETE −38.8%. EETH −44.2%. Use the arrow keys to read each point.−60%−30%−20%−10%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BETE 1.03%
EETH 1.03%
Fund size
BETE $8M
EETH $58M
1Y total return
BETE −38.8%, better
EETH −44.2%
Yield (12M)
BETE 31.48%
EETH 35.59%, better
Holdings
BETE 2
EETH 2
Avg volume (30D)
BETE 1.72K sh
EETH 58.5K sh, better
NAV per share
BETE $35.80
EETH $26.79
52W range

ETF.net Grade

BETE: Cost 74, Risk 47, Mission not scored, Tradability 60, Holdings not scored, Durability 69. EETH: Cost 74, Risk 31, Mission not scored, Tradability 77, Holdings not scored, Durability 81.
Pillar letters and Scores for BETE, EETH, with each pillar’s weight
PillarBETEEETH
Cost30% weightA74A74
Mission25% weightNot scoredNot scored
Risk15% weightC47HigherD31
Tradability15% weightB60A77Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB69A81Higher

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 EETH 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 ›

EETH ranks 2nd 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

EETHBProShares Ether 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.

EETH ProShares got there first: EETH launched in October 2023 as the original US ETF targeting ether's performance, using futures inside a 1940 Act fund so nobody holds the coins. Fee is 1.03%, below the typical crypto-derivative charge.

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.

EETH EETH seeks to track the performance of ether while providing Investment Company Act protections and avoiding direct ether custody.

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.
  • EETH The original. ProShares launched EETH in October 2023 as the first US ETF built to target ether's performance, two years after it rolled out a bitcoin futures ETF.proshares.comwikipedia.org
  • No wallets, no keys, no coin custody: exposure runs through ether futures inside a registered 1940 Act fund that trades like any other ETF.wikipedia.org
  • At 1.03%, it undercuts the typical fee in its crypto-derivative peer group, and it sits in the upper half of that group. Distributions arrive monthly.

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.
  • EETH Futures are not the coin. Roll and collateral mechanics mean results can drift from spot ether's move in either direction.wikipedia.org
  • Single-asset crypto exposure, so ether's full volatility passes straight through to the share price.
  • Cheaper crypto-linked options sit nearby: sibling BETH at 0.95%, and Bitwise's AETH at 0.89% net of a waiver through May 1, 2027.

Full BETE profile⁠

Full EETH profile⁠

BETE vs EETH Holdings

How BETE and EETH differ

Overlap by weight

85.1%

Shared holdings make up 100% of BETE and 100% of EETH.

Level by level

  • Holdings1 in both85.1%
  • Asset classAlternatives100%

Sector

No Sector split for BETE and EETH.

Country, concentration and asset class

Country by domicile

No country split for BETE and EETH.

Concentration

Weight in the 10 largest Holdings

  • BETE100.0%
  • EETH100.0%

Securities held

  • BETE1
  • EETH1

Asset class

BETE
Alternatives
EETH
Alternatives

Holdings

  • Only in BETE0
  • In both1
  • Only in EETH0

Only in BETE

0 securities, 0.0% of BETE by weight

Only in EETH

0 securities, 0.0% of EETH by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in BETE and EETH, widest gap first
HoldingMore in BETEMore in EETH
TREASURY BILL, 0%, due 2026-11-05EETH +14.91 points

All 3 BETE holdings⁠All 3 EETH 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 EETH Cost

Same expense ratio

$19,173

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

  • BETE 1.03%

    $19,173

  • EETH 1.03%

    $19,173

$10,000
30 years

Cost over time

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

Year by year

YearBETEEETH
10$1,814$1,814
20$6,807$6,807
30$19,173$19,173

Expense ratio

  • 1.03%BETE
  • 1.03%EETH
  • Middle half of Crypto Derivatives funds
  • Median 1.03%

BETE 2nd cheapest of 5 funds

EETH 2nd cheapest of 5 funds

BETE vs EETH Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BETE 31.48%
EETH 35.59%, better
Payout (12M)
BETE $11.27
EETH $9.53
Last payment
BETE $0.03
EETH $0.02
Ex-dividend
BETE Oct 1, 2026
EETH Oct 1, 2026
Paid on
BETE Oct 7, 2026
EETH Oct 7, 2026
Frequency
BETE Monthly
EETH 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
EETHMonthly · 32 paymentsAll EETH payments⁠
One bar per payment. 32 payments from 2023 to 2026 YTD. Nov 1, 2023 $0.05; Dec 1, 2023 $0.11; Dec 20, 2023 $0.12; Feb 1, 2024 $0.21; Mar 1, 2024 $0.74; Apr 1, 2024 $1.48; May 1, 2024 $0.77; Jun 3, 2024 $2.10; Jul 1, 2024 $1.04; Aug 1, 2024 $0.53; Dec 23, 2024 $0.23; Feb 3, 2025 $1.27; Mar 3, 2025 $0.21; Apr 1, 2025 $0.05; May 1, 2025 $0.04; Jun 2, 2025 $0.06; Jul 1, 2025 $0.05; Aug 1, 2025 $2.91; Sep 2, 2025 $4.05; Oct 1, 2025 $3.23; Nov 3, 2025 $3.96; Dec 1, 2025 $3.41; Dec 24, 2025 $1.96; Feb 2, 2026 $0.03; Mar 2, 2026 $0.03; Apr 1, 2026 $0.0084; May 1, 2026 $0.02; Jun 1, 2026 $0.03; Jul 1, 2026 $0.02; Aug 3, 2026 $0.02; Sep 1, 2026 $0.03; Oct 1, 2026 $0.02. Use the arrow keys to read each point.$0$520232026YTD

BETE vs EETH 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%, betterEETH 74.1%
Return per unit of riskSharpe ratio, 3 years
BETE 0.42, betterEETH 0.28
Worst fallMax drawdown, 5 years
BETE −61.4%since Oct 2023EETH −68.8%since Oct 2023
Market sensitivityBeta, 5 years
BETE 2.46EETH 2.92

Popular comparisons

  • BETEBvsBETHA

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

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

  • EETHBvsBETHA

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

    Expense ratio
    1.03% · 0.95%
    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.

  • EETHBvsSOLZD

    ProShares Ether 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.

  • 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.

  • EETHBvsXRPID

    ProShares Ether 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.