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BTCL vs ETHU

T-Rex 2X Long Bitcoin Daily Target ETF

BTCLBCboe

2x Ether ETF

ETHUCCboe

Overlap

Expense ratio

BTCL −2.02pt a year

BTCL0.95%ETHU2.97%

Avg volume · 30D

ETHU 81.3×the volume

BTCL74.4KETHU6.05M

BTCL vs ETHU Performance

Oct 31, 2025 – Oct 30, 2026

−66.6%BTCL−80.6%ETHU

Oct 31, 2025 to Oct 30, 2026. BTCL −66.6%. ETHU −80.6%. Use the arrow keys to read each point.−40%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BTCL 0.95%, better
ETHU 2.97%
Fund size
BTCL $35M
ETHU $842M
1Y total return
BTCL −66.6%, better
ETHU −80.6%
Yield (12M)
BTCL 2.98%, better
ETHU 1.78%
Holdings
BTCL 3
ETHU 2
Avg volume (30D)
BTCL 74.4K sh
ETHU 6.05M sh, better
NAV per share
BTCL $18.33
ETHU $20.39
52W range

ETF.net Grade

BTCL: Cost 91, Risk 63, Mission not scored, Tradability 22, Holdings not scored, Durability 53. ETHU: Cost 16, Risk 51, Mission 0, Tradability 91, Holdings not scored, Durability 70.
Pillar letters and Scores for BTCL, ETHU, with each pillar’s weight
PillarBTCLETHU
Cost30% weightA91HigherF16
Mission25% weightNot scoredF0
Risk15% weightB63HigherC51
Tradability15% weightF22A91Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC53A70Higher

Rank among 2x Long Crypto funds

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

Same Category. BTCL and ETHU are both graded against the same 14 2x Long Crypto funds, so their Grades compare head to head.

2x Long Crypto⁠

Category · 14 funds
See all 14 ›

BTCL ranks 3rd and ETHU 7th of 14 funds in the 2x Long Crypto Category.

  1. Rank 1ABITUProShares Ultra Bitcoin ETFScore 82
  2. Rank 2AETHTProShares Ultra Ether ETFScore 76
  3. Rank 3BBTCLT-Rex 2X Long Bitcoin Daily Target ETFScore 65
  4. Rank 4BBITX2x Bitcoin Strategy ETFScore 61
  5. Rank 6CSUILVolatility Shares 2x Sui ETFScore 48
  6. Rank 7CETHU2x Ether ETFScore 45
  7. Rank 7CSLONProShares Ultra Solana ETFScore 45

Our read on each fund

ETF.net Research

BTCLBT-Rex 2X Long Bitcoin Daily Target ETF

ETHUC2x Ether ETF

In short

BTCL No data

ETHU One of the first US funds built to deliver twice ether's daily move, using ether futures inside an ordinary brokerage account. Heavily traded, richly priced, and engineered for single days rather than long holds.

Stated mandate

BTCL No data

ETHU The Fund seeks before-fee investment results equal to twice the daily performance of ether, for a single day, primarily through managed exposure to ether futures contracts.

Why people hold it

BTCL No data

  • ETHU Does one thing clearly: aims for twice ether's daily performance before fees, primarily through ether futures, inside a registered 1940 Act fund. No margin account, no rolling your own leverage.
  • Among the most actively traded funds in the leveraged crypto group, which matters for a product most people hold for hours or days rather than years.
  • Live since June 2024, an early entrant in 2x ether, and now a fund with hundreds of millions in assets. It also makes distributions on a monthly schedule.

Worth knowing

BTCL No data

  • ETHU At 2.97% a year, this sits at the expensive end of leveraged crypto. ETHT targets the same 2x ether exposure for 1.02%.
  • The 2x target resets daily. Hold past one session and returns compound off each day's close, so multi-day results can diverge sharply from twice ether's move, especially in choppy markets.
  • Day to day it has tracked its 2x target less tightly than the closest implementations in its peer group, a gap that comes on top of the fee.

Full BTCL profile⁠

Full ETHU profile⁠

BTCL vs ETHU 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.

BTCL vs ETHU Cost

Overpaying ETHU vs BTCL

$25,538

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

  • BTCL 0.95%

    $17,869

  • ETHU 2.97%

    $43,407

$10,000
30 years

Cost over time

  • BTCL 0.95%
  • ETHU 2.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530ETHU $43,407BTCL $17,869

Year by year

YearBTCLETHUOverpaying
10$1,678$4,826$3,148
20$6,322$16,659$10,337
30$17,869$43,407$25,538

Expense ratio

  • 0.95%BTCL, cheaper
  • 2.97%ETHU
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

BTCL cheapest of 14 funds

ETHU 12th cheapest of 14 funds

BTCL vs ETHU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BTCL 2.98%, better
ETHU 1.78%
Payout (12M)
BTCL $0.49
ETHU $0.36
Last payment
BTCL $0.49
ETHU $0.03
Ex-dividend
BTCL Dec 24, 2025
ETHU Oct 21, 2026
Paid on
BTCL No data
ETHU Oct 22, 2026
Frequency
BTCL Annual
ETHU Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

BTCLAnnual · 2 paymentsAll BTCL payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 24, 2024 $2.12; Dec 24, 2025 $0.49. Use the arrow keys to read each point.$0$22026YTD
ETHUMonthly · 29 paymentsAll ETHU payments⁠
One bar per payment. 29 payments from 2024 to 2026 YTD. Jun 25, 2024 $0.05; Jul 24, 2024 $0.14; Aug 28, 2024 $0.10; Sep 26, 2024 $0.08; Oct 29, 2024 $0.14; Nov 26, 2024 $0.07; Dec 16, 2024 $0.06; Jan 29, 2025 $0.29; Feb 26, 2025 $0.08; Mar 27, 2025 $0.20; Apr 28, 2025 $0.03; May 28, 2025 $0.0077; Jun 26, 2025 $0.03; Jul 29, 2025 $0.08; Aug 27, 2025 $0.12; Sep 26, 2025 $0.16; Oct 29, 2025 $0.12; Nov 25, 2025 $0.08; Dec 15, 2025 $0.07; Jan 21, 2026 $0.04; Feb 18, 2026 $0.02; Mar 18, 2026 $0.02; Apr 22, 2026 $0.01; May 20, 2026 $0.03; Jun 17, 2026 $0.01; Jul 22, 2026 $0.01; Aug 19, 2026 $0.01; Sep 23, 2026 $0.02; Oct 21, 2026 $0.03. Use the arrow keys to read each point.$0$22026YTD

BTCL vs ETHU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BTCL 96.6%since Aug 2024ETHU 154.0%since Jul 2024
Return per unit of riskSharpe ratio, 3 years
BTCL 0.13since Aug 2024ETHU −0.02since Jul 2024
Worst fallMax drawdown, 5 years
BTCL −84.0%since Jul 2024ETHU −96.5%since Jun 2024
Market sensitivityBeta, 5 years
BTCL 1.87ETHU 5.33

BTCL and ETHU in the news

All news⁠

Popular comparisons

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