Data as of .
ETHA vs ETHB: which tracked its coin?
Over the window both share, ETHA finished 0.36 of a percentage point ahead of Ether and ETHB 1.1 ahead.
ETFIQ Coin Capture Score: ETHA scores higher
How much of what holding the coin gave did a holder of the fund keep?
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
The same coin, two trusts
ETHA and ETHB 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, ETHA finished 0.80 of a percentage point ahead of Ether and ETHB 1.8 percentage points ahead, but the two windows are not the same days, 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. ETHA has 597 more days of record than ETHB, and a longer record is a longer window over which a cost can show itself.
Performance, window by window
| Window | Total return | The coin over the same days | Difference, percentage points | |||
|---|---|---|---|---|---|---|
| ETHA | ETHB | ETHA | ETHB | ETHA | ETHB | |
| 1 month | +35.3% | +35.4% | +34.0% | +34.0% | +1.3 pts | +1.4 pts |
| 3 months | +52.4% | +53.2% | +51.0% | +51.0% | +1.4 pts | +2.2 pts |
| 6 months | +20.6% | +21.3% | +20.2% | +20.2% | +0.4 pts | +1.1 pts |
| 1 year | −42.8% | not published | −43.6% | not published | +0.8 pts | not published |
| Since each listed | −27.0% | +23.1% | −27.8% | +21.3% | +0.8 pts | +1.8 pts |
| ETHA iShares Ethereum Trust ETF Holds Ether through a custodian, listed Jul 23, 2024 | ETHB iShares Staked Ethereum Trust ETF Holds Ether through a custodian, listed Mar 12, 2026 | |
|---|---|---|
| Sponsor | iShares | iShares |
| Holds | Ether | Ether |
| Net assets | $6.4bn, balance sheet of Mar 31, 2026 | $459m, balance sheet of Jun 30, 2026 |
| Sponsor’s fee | 0.25% | 0.25% |
| Fee waiver | reduced to 0.12%, first $2.5 billion of assets | reduced to 0.12%, first $2.5 billion of assets |
| Staking | the filings say it does not | the filings say it does |
| Listed | Jul 23, 2024 | Mar 12, 2026 |
| Days since listing | 780 days | 183 days |
| Days it has traded | 537 | 127 |
| Days it closed unchanged | 2 | 0 |
| Quoted | on an exchange, every trading day | on an exchange, every trading day |
| Fund returned, 1 year or since launch | −42.8% | +23.1% |
| The coin over the same days | −43.6% | +21.3% |
| Difference, percentage points | +0.8 pts | +1.8 pts |
| Fund returned since it listed | −27.0% | +23.1% |
| Difference since it listed | +0.8 pts | +1.8 pts |
| Price | $19.16 | $32.68 |
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. 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. ETHA charges 0.25% a year and still finished 0.8% 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. ETHA’s own filings say it does not (424B3, Aug 6, 2026). 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.
ETHB in plain words
ETHB 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 time since it listed to Sep 11, 2026, Ether moved +21.3% and ETHB returned +23.1%. That leaves it 1.8 percentage points ahead. ETHB charges 0.25% a year and still finished 1.8% ahead of Ether, which a fee cannot do on its own. ETHB’s own filings say it does (10-Q, Aug 11, 2026). What the prices show is that it finished 1.8% 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.
Questions people ask
- Which tracked Ether more closely, ETHA or ETHB?
- Over the days each has traded, ETHA finished 0.80 of a percentage point ahead of Ether and ETHB 1.8 percentage points ahead. Those are not set against each other here, because the two windows are not the same days, 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 ETHA or ETHB 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 ETHA and ETHB?
- Both hold Ether through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. ETHA is sponsored by iShares and listed Jul 23, 2024; ETHB by iShares, listed Mar 12, 2026.
- Which is cheaper, ETHA or ETHB?
- ETHA charges 0.25% a year and ETHB charges 0.25%, so ETHA 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.
Cite this page. ETFIQ, ETHA against ETHB, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/ETHA-ETHB Free to use with attribution; the underlying files are at Open data.