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ETHV vs TETH

VanEck Ethereum ETF

ETHVBCboe

21Shares Ethereum ETF

TETHBCboe

Overlap

Expense ratio

ETHV −0.01pt a year

ETHV0.20%TETH0.21%

Avg volume · 30D

TETH 26.7×the volume

ETHV43.7KTETH1.17M

ETHV vs TETH Performance

Nov 7, 2025 – Nov 9, 2026

−38.8%ETHV−38.3%TETH

Nov 7, 2025 to Nov 9, 2026. ETHV −38.8%. TETH −38.3%. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2025May 2026Nov 2026
Expense ratio
ETHV 0.20%, better
TETH 0.21%
Fund size
ETHV $101M
TETH $25M
1Y total return
ETHV −38.8%
TETH −38.3%, better
Holdings
ETHV 1
TETH 1
Avg volume (30D)
ETHV 43.7K sh
TETH 1.17M sh, better
NAV per share
ETHV $32.56
TETH $11.14
52W range

ETF.net Grade

ETHV: Cost 70, Risk 39, Mission 100, Tradability 43, Holdings not scored, Durability 61. TETH: Cost 52, Risk 39, Mission 100, Tradability 41, Holdings 100, Durability 29.
Pillar letters and Scores for ETHV, TETH, with each pillar’s weight
PillarETHVTETH
Cost30% weightA70HigherC52
Mission25% weightA100A100
Risk15% weightD39D39
Tradability15% weightC43HigherC41
Holdings10% weightNot scoredA100
Durability5% weightB61HigherD29

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. ETHV and TETH 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 TETH 6th 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 5BEZETFranklin Ethereum ETFScore 63
  6. Rank 6BTETH21Shares Ethereum ETFScore 60
  7. Rank 7BETHAiShares Ethereum Trust ETFScore 59

Our read on each fund

ETF.net Research

ETHVBVanEck Ethereum ETF

TETHB21Shares Ethereum ETF

In short

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.

TETH No data

Stated mandate

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

TETH No data

Why people hold it

  • 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.

TETH No data

Worth knowing

  • 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.

TETH No data

Full ETHV profile⁠

Full TETH profile⁠

ETHV vs TETH 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.

ETHV vs TETH Cost

Overpaying TETH vs ETHV

$202

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

  • ETHV 0.20%

    $4,155

  • TETH 0.21%

    $4,357

$10,000
30 years

Cost over time

  • ETHV 0.20%
  • TETH 0.21%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530TETH $4,357ETHV $4,155

Year by year

YearETHVTETHOverpaying
10$365$383$18
20$1,421$1,491$70
30$4,155$4,357$202

Expense ratio

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

ETHV 4th cheapest of 11 funds

TETH 6th cheapest of 11 funds

ETHV vs TETH Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
ETHV None
TETH No data
Last payment
ETHV No data
TETH $0.03
Ex-dividend
ETHV No data
TETH Sep 29, 2026
Paid on
ETHV No data
TETH Sep 30, 2026
Frequency
ETHV No data
TETH Quarterly

Distribution history

Per share, 2026, same scale for both

ETHVAll ETHV payments⁠

No distribution history available.

TETHQuarterly · 4 paymentsAll TETH payments⁠
One bar per payment. 4 payments in 2026 YTD. Jan 8, 2026 $0.01; Mar 30, 2026 $0.01; Jun 29, 2026 $0.009; Sep 29, 2026 $0.03. Use the arrow keys to read each point.$0$0.032026YTD

ETHV vs TETH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ETHV 75.4%since Aug 2024TETH 59.5%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ETHV 0.06since Aug 2024TETH −0.46since Aug 2025
Worst fallMax drawdown, 5 years
ETHV −67.9%since Jul 2024TETH −67.7%since Jul 2025
Market sensitivityBeta, 5 years
ETHV 2.63TETH 2.62

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