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Data as of .

ETH vs ETHA: which tracked its coin?

Against Ether, ETH finished +3.3% and ETHA +1.4%, once both returns are compounded.

Grayscale Ethereum Staking Mini ETF and iShares Ethereum Trust ETF, side by side, crypto ETFs on ETFIQ.

−41.8%ETH returned, year
−42.8%ETHA returned, year
+3.3%ETH against Ether
+0.8 ptsETHA against Ether, in percentage points

ETFIQ Coin Capture Score: ETH scores higher

How much of what holding the coin gave did a holder of the fund keep?

ETH 93.8ETHA 68.82.1, the lowest in this set97.9, the highest

A percentile among the 24 spot crypto ETPs with a full year. It is a position in a set, not a rating, and neither end of it is a recommendation. All crypto ETFs ranked by it · How it is computed

ETH3.3% from Ether, compounded: not the coin's return · 1 year to Sep 11, 2026
Ether−43.59%ETH−41.76%3.25% ahead, compoundedTotal return, 1 year, fund against the coinEther−43.59%ETH−41.76%3.25% ahead, compoundedTotal return, 1 year
ETHAWithin a point of Ether · 1 year to Sep 11, 2026
Ether−43.59%ETHA−42.79%0.8 pts ahead of EtherTotal return, 1 year, fund against the coinEther−43.59%ETHA−42.79%0.8 pts ahead of EtherTotal return, 1 year

The same coin, two trusts

ETH and ETHA hold the same asset. Both are 1933 Act trusts holding Ether through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. Over the days each has traded, ETH finished 3.3% ahead of Ether once both returns are compounded and ETHA 0.80 of a percentage point ahead, but the two are not stated in the same unit, so neither figure is set against the other here. That gap is the fee, the custody, the creation and redemption friction and the market’s pricing of the shares, compounded into one figure.

Performance, window by window

ETH and ETHA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnThe coin over the same daysDifference, percentage points
ETHETHAETHETHAETHETHA
1 month+35.5%+35.3%+34.0%+34.0%+1.5 pts+1.3 pts
3 months+53.4%+52.4%+51.0%+51.0%+2.4 pts+1.4 pts
6 months+21.9%+20.6%+20.2%+20.2%+1.7 pts+0.4 pts
1 year−41.8%−42.8%−43.6%−43.6%+3.3% of its growth+0.8 pts
Since each listed−25.7%−27.0%−27.8%−27.8%+2.0 pts+0.8 pts
Open the live comparison on ETFIQ
ETH and ETHA on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ETH
Grayscale Ethereum Staking Mini ETF
Holds Ether through a custodian, listed Jul 23, 2024
ETHA
iShares Ethereum Trust ETF
Holds Ether through a custodian, listed Jul 23, 2024
SponsorGrayscaleiShares
HoldsEtherEther
Net assets$1.3bn, balance sheet of Jun 30, 2026$6.4bn, balance sheet of Mar 31, 2026
Sponsor’s fee0.15%0.25%
Fee waivernonereduced to 0.12%, first $2.5 billion of assets
Stakingthe filings say it doesthe filings say it does not
ListedJul 23, 2024Jul 23, 2024
Days since listing780 days780 days
Days it has traded537537
Days it closed unchanged42
Quotedon an exchange, every trading dayon an exchange, every trading day
Fund returned, 1 year or since launch−41.8%−42.8%
The coin over the same days−43.6%−43.6%
Difference, percentage points+3.3% of its growth+0.8 pts
Fund returned since it listed−25.7%−27.0%
Difference since it listed+2.0 pts+0.8 pts
Price$24.25$19.16

ETH in plain words

ETH holds Ether through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the year to Sep 11, 2026, Ether moved −43.6% and ETH returned −41.8%. That leaves it 3.3% ahead once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. Doing it would read +1.8 pts, which is arithmetically correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 103% of what holding the coin gave says exactly that. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. ETH charges 0.15% a year and still finished 3.3% ahead of Ether, which a fee cannot do on its own. Ether is a proof of stake chain, so a fund holding it can stake. ETH’s own filings say it does (424B3, Aug 7, 2026). What the prices show is that it finished 3.3% ahead of Ether’s own price over the same days, against +0.8% for the other 10 funds holding Ether. After a fee, an in-kind ETP ahead of the asset it holds got there by staking. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Ether it custodies.

ETHA in plain words

ETHA holds Ether through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the year to Sep 11, 2026, Ether moved −43.6% and ETHA returned −42.8%. That leaves it 0.80 of a percentage point ahead. ETHA charges 0.25% a year and still finished 0.8% ahead of Ether, which a fee cannot do on its own. ETHA’s own filings say it does not (424B3, Aug 6, 2026).

Questions people ask

Which tracked Ether more closely, ETH or ETHA?
Over the days each has traded, ETH finished 3.3% ahead of Ether once both returns are compounded and ETHA 0.80 of a percentage point ahead. Those are not set against each other here, because the two are not stated in the same unit, so neither is nearer its coin than the other on this page. Each difference carries the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin.
Do ETH or ETHA pay a staking yield?
Ether is a proof of stake chain, so staking is possible. Whether either trust stakes, and what the sponsor keeps of it, is a term in its own filings and is read from those rather than assumed.
What is the difference between ETH and ETHA?
Both hold Ether through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. ETH is sponsored by Grayscale and listed Jul 23, 2024; ETHA by iShares, listed Jul 23, 2024.
Which is cheaper, ETH or ETHA?
ETH charges 0.15% a year and ETHA charges 0.25%, so ETH is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETH against ETHA, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ETH against ETHA, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/ETH-ETHA Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources