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ETHB vs MSSE

iShares Staked Ethereum Trust ETF

ETHBCNasdaq

Morgan Stanley Ethereum Trust

MSSEANYSE Arca

Overlap

0.0%by weight

Expense ratio

MSSE −0.11pt a year

ETHB0.25%MSSE0.14%

Avg volume · 30D

ETHB 3.4×the volume

ETHB463KMSSE137K

ETHB vs MSSE Performance

Aug 7, 2026 – Nov 9, 2026

+11.2%ETHB+11.1%MSSE

Aug 7, 2026 to Nov 9, 2026. ETHB +11.2%. MSSE +11.1%. Use the arrow keys to read each point.0%20%30%40%Aug 2026Sep 2026Nov 2026
Expense ratio
ETHB 0.25%
MSSE 0.14%, better
Fund size
ETHB $887M
MSSE $51M
Holdings
ETHB 3
MSSE 1
Avg volume (30D)
ETHB 463K sh, better
MSSE 137K sh
NAV per share
ETHB $28.71
MSSE $23.99
52W range

ETF.net Grade

ETHB: Cost 30, Risk 87, Mission not scored, Tradability 52, Holdings not scored, Durability 54. MSSE: Cost 96, Risk 95, Mission not scored, Tradability 37, Holdings 100, Durability 31.
Pillar letters and Scores for ETHB, MSSE, with each pillar’s weight
PillarETHBMSSE
Cost30% weightD30A96Higher
Mission25% weightNot scoredNot scored
Risk15% weightA87A95Higher
Tradability15% weightC52HigherD37
Holdings10% weightNot scoredA100
Durability5% weightC54HigherD31

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 MSSE 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 ›

MSSE ranks 2nd 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 10CETHEGrayscale Ethereum Staking ETFScore 52
  5. Rank 11CETHBiShares Staked Ethereum Trust ETFScore 50

Our read on each fund

ETF.net Research

ETHBCiShares Staked Ethereum Trust ETF

MSSEAMorgan Stanley Ethereum Trust

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.

MSSE No data

Stated mandate

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

MSSE No data

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

MSSE No data

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.

MSSE No data

Full ETHB profile⁠

Full MSSE profile⁠

ETHB vs MSSE Holdings

How ETHB and MSSE differ

Overlap by weight

0.0%

Level by level

  • Holdings0 in both0.0%
  • Asset classAlternatives100%

Sector

No Sector split for ETHB and MSSE.

Country, concentration and asset class

Country by domicile

No country split for ETHB.

Concentration

Weight in the 10 largest Holdings

  • ETHB100.0%
  • MSSE100.0%

Securities held

  • ETHB2
  • MSSE1

Asset class

ETHB
Alternatives
MSSE
Alternatives

Holdings

  • Only in ETHB2
  • In both0
  • Only in MSSE1

Only in ETHB

2 securities, 99.99% of ETHB by weight

  • Staked Ether84.78%
  • Ether15.22%

Only in MSSE

1 security, 100% of MSSE by weight

  • Ethereum100.00%

Weight gaps

ETHB and MSSE share no securities.

All 2 ETHB holdings⁠All MSSE 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 MSSE Cost

Overpaying ETHB vs MSSE

$2,227

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

  • ETHB 0.25%

    $5,159

  • MSSE 0.14%

    $2,932

$10,000
30 years

Cost over time

  • ETHB 0.25%
  • MSSE 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530ETHB $5,159MSSE $2,932

Year by year

YearETHBMSSEOverpaying
10$455$256$199
20$1,769$1,000$769
30$5,159$2,932$2,227

Expense ratio

  • 0.25%ETHB
  • 0.14%MSSE, cheaper
  • Middle half of Spot Ether funds
  • Median 0.21%

MSSE cheapest of 11 funds

ETHB 7th cheapest of 11 funds

ETHB vs MSSE Dividends

Last 12 months to Nov 9, 2026
Last payment
ETHB $0.04
MSSE $0.05
Ex-dividend
ETHB Nov 9, 2026
MSSE Nov 4, 2026
Paid on
ETHB Pays Nov 10, 2026
MSSE Nov 5, 2026
Frequency
ETHB Monthly
MSSE Irregular

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
MSSEIrregular · 1 paymentAll MSSE payments⁠
One bar per payment. 1 payment in 2026 YTD. Nov 4, 2026 $0.05. Use the arrow keys to read each point.$0$0.052026YTD

ETHB vs MSSE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
ETHB 2.54MSSE 0.00

ETHB and MSSE in the news

All news⁠

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