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ETHB vs ETHV

iShares Staked Ethereum Trust ETF

ETHBCNasdaq

VanEck Ethereum ETF

ETHVBCboe

Overlap

Expense ratio

ETHV −0.05pt a year

ETHB0.25%ETHV0.20%

Avg volume · 30D

ETHB 10.6×the volume

ETHB463KETHV43.7K

ETHB vs ETHV Performance

Aug 7, 2026 – Nov 9, 2026

+11.2%ETHB+10.6%ETHV

Aug 7, 2026 to Nov 9, 2026. ETHB +11.2%. ETHV +10.6%. Use the arrow keys to read each point.0%20%30%40%Aug 2026Sep 2026Nov 2026
Expense ratio
ETHB 0.25%
ETHV 0.20%, better
Fund size
ETHB $887M
ETHV $101M
1Y total return
ETHB No data
ETHV −38.8%
Holdings
ETHB 3
ETHV 1
Avg volume (30D)
ETHB 463K sh, better
ETHV 43.7K sh
NAV per share
ETHB $28.71
ETHV $32.56
52W range

ETF.net Grade

ETHB: Cost 30, Risk 87, Mission not scored, Tradability 52, Holdings not scored, Durability 54. ETHV: Cost 70, Risk 39, Mission 100, Tradability 43, Holdings not scored, Durability 61.
Pillar letters and Scores for ETHB, ETHV, with each pillar’s weight
PillarETHBETHV
Cost30% weightD30A70Higher
Mission25% weightNot scoredA100
Risk15% weightA87HigherD39
Tradability15% weightC52HigherC43
Holdings10% weightNot scoredNot scored
Durability5% weightC54B61Higher

Rank among Spot Ether funds

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

Same Category. ETHB and ETHV are both graded against the same 11 Spot Ether funds, so their Grades compare head to head.

Spot Ether⁠

Category · 11 funds
See all 11 ›

ETHV ranks 3rd and ETHB 11th of 11 funds in the Spot Ether Category.

  1. Rank 1AETHGrayscale Ethereum Mini Trust ETFScore 82
  2. Rank 2AMSSEMorgan Stanley Ethereum TrustScore 77
  3. Rank 3BETHVVanEck Ethereum ETFScore 68
  4. Rank 4BETHWBitwise Ethereum ETFScore 66
  5. Rank 10CETHEGrayscale Ethereum Staking ETFScore 52
  6. Rank 11CETHBiShares Staked Ethereum Trust ETFScore 50

Our read on each fund

ETF.net Research

ETHBCiShares Staked Ethereum Trust ETF

ETHVBVanEck Ethereum ETF

In short

ETHB Most spot ether funds just park the coin. This iShares trust stakes it, aiming to track ether's price while also capturing the rewards that staked ether earns. Fee sits at the ether category's median.

ETHV A 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

ETHB The fund seeks to track ether’s price performance while also capturing rewards from staking the Trust’s ether.

ETHV The Trust passively seeks to track the price of Ether, less its operating expenses, without pursuing a separate investment strategy.

Why people hold it

  • ETHB Staking is written into the mandate, not bolted on: the trust seeks ether's price performance plus the rewards from staking the ether it holds.ishares.com
  • The 0.25% expense ratio lands right at the median for spot ether funds, so the staking machinery isn't priced above a plain wrapper.
  • Staked-ether exposure arrives in a normal brokerage account: no wallet, no validator to run, no private keys to lose.ishares.com
  • ETHV 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

  • ETHB Cheaper ways to hold spot ether exist: EZET at 0.00%, ETH at 0.15%, ETHW and ETHV at 0.20%. Staking rewards have to cover that fee gap first.
  • It launched in 2026, so there's no long record showing how the staking piece behaves across a full crypto cycle.
  • In a crowded field of ten spot ether funds, the overall build sits behind the category's stronger implementations on cost and trading friction.
  • ETHV 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.

Full ETHB profile⁠

Full ETHV profile⁠

ETHB vs ETHV 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.

ETHB vs ETHV Cost

Overpaying ETHB vs ETHV

$1,004

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

  • ETHB 0.25%

    $5,159

  • ETHV 0.20%

    $4,155

$10,000
30 years

Cost over time

  • ETHB 0.25%
  • ETHV 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530ETHB $5,159ETHV $4,155

Year by year

YearETHBETHVOverpaying
10$455$365$90
20$1,769$1,421$348
30$5,159$4,155$1,004

Expense ratio

  • 0.25%ETHB
  • 0.20%ETHV, cheaper
  • Middle half of Spot Ether funds
  • Median 0.21%

ETHV 4th cheapest of 11 funds

ETHB 7th cheapest of 11 funds

ETHB vs ETHV Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
ETHB No data
ETHV None
Last payment
ETHB $0.04
ETHV No data
Ex-dividend
ETHB Nov 9, 2026
ETHV No data
Paid on
ETHB Pays Nov 10, 2026
ETHV No data
Frequency
ETHB Monthly
ETHV No data

Distribution history

Per share, 2026, same scale for both

ETHBMonthly · 6 paymentsAll ETHB payments⁠
One bar per payment. 6 payments in 2026 YTD. Jun 8, 2026 $0.02; Jul 9, 2026 $0.03; Aug 10, 2026 $0.03; Sep 9, 2026 $0.04; Oct 8, 2026 $0.04; Nov 9, 2026 $0.04. Use the arrow keys to read each point.$0$0.052026YTD
ETHVAll ETHV payments⁠

No distribution history available.

ETHB vs ETHV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ETHB No dataETHV 75.4%since Aug 2024
Return per unit of riskSharpe ratio, 3 years
ETHB No dataETHV 0.06since Aug 2024
Worst fallMax drawdown, 5 years
ETHB No dataETHV −67.9%since Jul 2024
Market sensitivityBeta, 5 years
ETHB 2.54ETHV 2.63

ETHB and ETHV in the news

All news⁠

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