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ETHT vs TXXS

ProShares Ultra Ether ETF

ETHTANYSE Arca

21Shares 2x Long Sui ETF

TXXSFNasdaq

Overlap

Expense ratio

ETHT −3.59pt a year

ETHT0.96%TXXS4.55%

Avg volume · 30D

ETHT 186.9×the volume

ETHT1.72MTXXS9.2K

ETHT vs TXXS Performance

Dec 31, 2025 – Oct 30, 2026

−65.0%ETHT−83.8%TXXS

Dec 31, 2025 to Oct 30, 2026. ETHT −65.0%. TXXS −83.8%. Use the arrow keys to read each point.−25%0%25%50%75%Dec 2025Jun 2026Oct 2026
Expense ratio
ETHT 0.96%, better
TXXS 4.55%
Fund size
ETHT $213M
TXXS $5M
1Y total return
ETHT −82.1%
TXXS No data
Yield (12M)
ETHT 1.74%
TXXS No data
Holdings
ETHT 1
TXXS 3
Avg volume (30D)
ETHT 1.72M sh, better
TXXS 9.2K sh
NAV per share
ETHT $13.05
TXXS $28.34
52W range

ETF.net Grade

ETHT: Cost 91, Risk 51, Mission 0, Tradability 74, Holdings not scored, Durability 72. TXXS: Cost 1, Risk 22, Mission not scored, Tradability 24, Holdings not scored, Durability 23.
Pillar letters and Scores for ETHT, TXXS, with each pillar’s weight
PillarETHTTXXS
Cost30% weightA91HigherF1
Mission25% weightF0Not scored
Risk15% weightC51HigherF22
Tradability15% weightA74HigherF24
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 TXXS 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 TXXS 14th 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 13FTXXD21Shares 2x Long Dogecoin ETFScore 16
  5. Rank 14FTXXS21Shares 2x Long Sui ETFScore 12

Our read on each fund

ETF.net Research

ETHTAProShares Ultra Ether ETF

TXXSF21Shares 2x Long Sui 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.

TXXS The first US ETF to put leverage on Sui. TXXS aims for two times Sui's daily price move using swaps, futures and options instead of owning the coin: a one-day tool in a leveraged crypto aisle that is otherwise mostly bitcoin and ether.

Stated mandate

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

TXXS The Fund seeks before-fee daily results equal to two times Sui’s daily price performance for one NAV-to-NAV day, not longer periods. It uses primarily swaps, futures, and options rather than holding Sui directly, with at least 80% exposure-consistent instruments targeted under normal circumstances.

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
  • TXXS Listed on Nasdaq in December 2025 as the first leveraged Sui ETF in the US, in a 2x crypto aisle still built mostly around bitcoin and ether.nasdaq.com
  • No wallet, no private keys. Exposure comes from swaps, futures and options inside a 1940 Act fund, with at least 80% in exposure-consistent instruments under normal conditions.21shares.com
  • The contract is explicit: before fees, two times Sui's move from one NAV to the next, for a single day and not for longer stretches.

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.
  • TXXS Fee is 4.55% a year with no waiver in place, above the category median and above 2x crypto peers like BITU (0.95%) and BITX (2.75%).
  • Leverage resets daily, so results over weeks or months can drift far from 2x Sui's move over the same window. Choppy markets compound against the position.21shares.com
  • Small and thinly traded, so spreads and order size matter more here than in the category's heavyweights. Distributions, if any, come annually or semiannually.

Full ETHT profile⁠

Full TXXS profile⁠

ETHT vs TXXS 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 TXXS Cost

Overpaying TXXS vs ETHT

$37,418

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

  • ETHT 0.96%

    $18,034

  • TXXS 4.55%

    $55,452

$10,000
30 years

Cost over time

  • ETHT 0.96%
  • TXXS 4.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$20K$40K$60K051015202530TXXS $55,452ETHT $18,034

Year by year

YearETHTTXXSOverpaying
10$1,695$6,933$5,238
20$6,383$22,470$16,087
30$18,034$55,452$37,418

Expense ratio

  • 0.96%ETHT, cheaper
  • 4.55%TXXS
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

ETHT 3rd cheapest of 14 funds

TXXS 14th cheapest of 14 funds

ETHT vs TXXS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ETHT 1.74%
TXXS No data
Payout (12M)
ETHT $0.23
TXXS No data
Last payment
ETHT $0.01
TXXS $0.06
Ex-dividend
ETHT Oct 1, 2026
TXXS Feb 25, 2026
Paid on
ETHT Oct 7, 2026
TXXS Feb 26, 2026
Frequency
ETHT Monthly
TXXS 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
TXXSIrregular · 1 paymentAll TXXS payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Feb 25, 2026 $0.06. Use the arrow keys to read each point.$0$12026YTD

ETHT vs TXXS 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 2024TXXS No data
Return per unit of riskSharpe ratio, 3 years
ETHT −0.03since Jul 2024TXXS No data
Worst fallMax drawdown, 5 years
ETHT −96.0%since Jun 2024TXXS No data
Market sensitivityBeta, 5 years
ETHT 5.26TXXS 1.99

ETHT and TXXS in the news

All news⁠

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