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ETHT vs TXXD

ProShares Ultra Ether ETF

ETHTANYSE Arca

21Shares 2x Long Dogecoin ETF

TXXDFNasdaq

Overlap

Expense ratio

ETHT −2.40pt a year

ETHT0.96%TXXD3.36%

Avg volume · 30D

ETHT 24.9×the volume

ETHT1.72MTXXD69.1K

ETHT vs TXXD Performance

Dec 31, 2025 – Oct 30, 2026

−65.0%ETHT−78.0%TXXD

Dec 31, 2025 to Oct 30, 2026. ETHT −65.0%. TXXD −78.0%. Use the arrow keys to read each point.−50%−25%0%25%50%Dec 2025Jun 2026Oct 2026
Expense ratio
ETHT 0.96%, better
TXXD 3.36%
Fund size
ETHT $213M
TXXD $4M
1Y total return
ETHT −82.1%
TXXD No data
Yield (12M)
ETHT 1.74%
TXXD No data
Holdings
ETHT 1
TXXD 3
Avg volume (30D)
ETHT 1.72M sh, better
TXXD 69.1K sh
NAV per share
ETHT $13.05
TXXD $31.66
52W range

ETF.net Grade

ETHT: Cost 91, Risk 51, Mission 0, Tradability 74, Holdings not scored, Durability 72. TXXD: Cost 8, Risk 21, Mission not scored, Tradability 28, Holdings not scored, Durability 23.
Pillar letters and Scores for ETHT, TXXD, with each pillar’s weight
PillarETHTTXXD
Cost30% weightA91HigherF8
Mission25% weightF0Not scored
Risk15% weightC51HigherF21
Tradability15% weightA74HigherD28
Holdings10% weightNot scoredNot scored
Durability5% weightA72HigherF23

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. ETHT and TXXD 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 ›

ETHT ranks 2nd and TXXD 13th 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 12DSOLT2x Solana ETFScore 38
  5. Rank 13FTXXD21Shares 2x Long Dogecoin ETFScore 16
  6. Rank 14FTXXS21Shares 2x Long Sui ETFScore 12

Our read on each fund

ETF.net Research

ETHTAProShares Ultra Ether ETF

TXXDF21Shares 2x Long Dogecoin ETF

In short

ETHT ProShares opened the US market for leveraged ether in June 2024, and it runs the low-cost version: 0.96% to target twice ether's daily move, below the typical fee among 2x crypto funds.

TXXD Leverage aimed at the internet's dog coin. TXXD uses DOGE swaps and futures to chase twice Dogecoin's daily move, NAV to NAV, resetting every day. The 3.36% expense ratio sits above the leveraged-crypto norm.

Stated mandate

ETHT The fund seeks daily investment results equal to twice the daily performance of ether, before fees and expenses.

TXXD The fund seeks daily, before-fee-and-expense returns equal to twice Dogecoin's daily price performance, measured from one NAV calculation to the next. It is not designed to achieve that objective over periods longer than one day.

Why people hold it

  • ETHT The original. It listed June 7, 2024 alongside a -2x twin as the first US ETFs built to target twice ether's daily move.businesswire.com
  • At 0.96%, with no fee waiver involved, it costs far less than ETHU, the other 2x ether fund in the group, at 2.97%.
  • One of the stronger builds in its leveraged-crypto peer group, and actively traded, so entering and exiting doesn't hinge on a thin market.
  • No wallet, no keys. It's a registered 1940 Act ETF that gets its exposure from derivatives and does not invest directly in ether.proshares.com
  • TXXD Targets twice Dogecoin's daily price move using DOGE swaps and futures, so the exposure arrives in a brokerage account rather than a crypto wallet.21shares.com
  • The mandate is blunt about its own limits: daily results before fees, measured one NAV calculation to the next, and not designed for any longer period.21shares.com
  • Dogecoin is a rare leverage target. The category's best-known funds point at bitcoin, ether and XRP (BITU, ETHT, UXRP). This one aims its 2x at DOGE.

Worth knowing

  • ETHT The 2x target resets daily. Over periods longer than a single day, returns will likely differ from that daily target, per the prospectus.proshares.com
  • Leverage cuts both ways: on a down day for ether, the fund should lose roughly twice as much as the index it tracks.proshares.com
  • The track record starts in June 2024, so there is less history here than for most ETFs when judging behavior across market cycles.
  • TXXD Cost sits at the top of the group: 3.36% a year, above the category median, against 0.95% for BITU and 2.75% for BITX.
  • Daily reset means compounding. Held through a choppy stretch, results can drift far from twice DOGE's move over that span, in either direction.21shares.com
  • Launched in November 2025, so the record is short and the asset base still modest for a fund stacking leverage on a famously jumpy coin.

Full ETHT profile⁠

Full TXXD profile⁠

ETHT vs TXXD 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.

ETHT vs TXXD Cost

Overpaying TXXD vs ETHT

$28,859

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

  • ETHT 0.96%

    $18,034

  • TXXD 3.36%

    $46,893

$10,000
30 years

Cost over time

  • ETHT 0.96%
  • TXXD 3.36%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530TXXD $46,893ETHT $18,034

Year by year

YearETHTTXXDOverpaying
10$1,695$5,374$3,679
20$6,383$18,254$11,871
30$18,034$46,893$28,859

Expense ratio

  • 0.96%ETHT, cheaper
  • 3.36%TXXD
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

ETHT 3rd cheapest of 14 funds

TXXD 13th cheapest of 14 funds

ETHT vs TXXD Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ETHT 1.74%
TXXD No data
Payout (12M)
ETHT $0.23
TXXD No data
Last payment
ETHT $0.01
TXXD $0.03
Ex-dividend
ETHT Oct 1, 2026
TXXD Feb 25, 2026
Paid on
ETHT Oct 7, 2026
TXXD Feb 26, 2026
Frequency
ETHT Monthly
TXXD Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

ETHTMonthly · 15 paymentsAll ETHT payments⁠
One bar per payment. 15 payments from 2024 to 2026 YTD. Sep 3, 2024 $0.0038; Dec 23, 2024 $0.01; Sep 2, 2025 $1.60; Nov 3, 2025 $0.0082; Dec 1, 2025 $0.03; Dec 24, 2025 $0.08; Feb 2, 2026 $0.02; Mar 2, 2026 $0.02; Apr 1, 2026 $0.0057; May 1, 2026 $0.0044; Jun 1, 2026 $0.01; Jul 1, 2026 $0.01; Aug 3, 2026 $0.01; Sep 1, 2026 $0.0087; Oct 1, 2026 $0.01. Use the arrow keys to read each point.$0$12026YTD
TXXDIrregular · 1 paymentAll TXXD payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Feb 25, 2026 $0.03. Use the arrow keys to read each point.$0$12026YTD

ETHT vs TXXD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ETHT 153.7%since Jul 2024TXXD No data
Return per unit of riskSharpe ratio, 3 years
ETHT −0.03since Jul 2024TXXD No data
Worst fallMax drawdown, 5 years
ETHT −96.0%since Jun 2024TXXD No data
Market sensitivityBeta, 5 years
ETHT 5.26TXXD 3.56

ETHT and TXXD in the news

All news⁠

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