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Data as of .

ETHA vs ETHV: which tracked its coin?

Over the year, ETHA finished 0.80 of a percentage point ahead of Ether and ETHV 0.82 ahead.

iShares Ethereum Trust ETF and VanEck Ethereum ETF, side by side, crypto ETFs on ETFIQ.

−42.8%ETHA returned, year
−42.8%ETHV returned, year
+0.8 ptsETHA against Ether, in percentage points
+0.8 ptsETHV against Ether, in percentage points

ETFIQ Coin Capture Score: ETHV scores higher

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

ETHA 68.8ETHV 81.32.1, 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

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
ETHVWithin a point of Ether · 1 year to Sep 11, 2026
Ether−43.59%ETHV−42.77%0.82 pts ahead of EtherTotal return, 1 year, fund against the coinEther−43.59%ETHV−42.77%0.82 pts ahead of EtherTotal return, 1 year

The same coin, two trusts

ETHA and ETHV 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 same days, ETHA finished 0.80 of a percentage point ahead of Ether and ETHV 0.82 of a percentage point ahead, so ETHA kept more of what holding the coin gave, by 0.02 of a percentage point. 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

ETHA and ETHV over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnThe coin over the same daysDifference, percentage points
ETHAETHVETHAETHVETHAETHV
1 month+35.3%+35.4%+34.0%+34.0%+1.3 pts+1.4 pts
3 months+52.4%+52.5%+51.0%+51.0%+1.4 pts+1.5 pts
6 months+20.6%+20.7%+20.2%+20.2%+0.4 pts+0.5 pts
1 year−42.8%−42.8%−43.6%−43.6%+0.8 pts+0.8 pts
Since each listed−27.0%−26.8%−27.8%−27.8%+0.8 pts+1.0 pts
Open the live comparison on ETFIQ
ETHA and ETHV on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ETHA
iShares Ethereum Trust ETF
Holds Ether through a custodian, listed Jul 23, 2024
ETHV
VanEck Ethereum ETF
Holds Ether through a custodian, listed Jul 23, 2024
SponsoriSharesVanEck
HoldsEtherEther
Net assets$6.4bn, balance sheet of Mar 31, 2026$78m, balance sheet of Jun 30, 2026
Sponsor’s fee0.25%0.20%
Fee waiverreduced to 0.12%, first $2.5 billion of assetsthe whole fee, until July 22, 2025, first $1.5 billion of assets
Stakingthe filings say it does notpossible; no clear answer read
ListedJul 23, 2024Jul 23, 2024
Days since listing780 days780 days
Days it has traded537537
Days it closed unchanged23
Quotedon an exchange, every trading dayon an exchange, every trading day
Fund returned, 1 year or since launch−42.8%−42.8%
The coin over the same days−43.6%−43.6%
Difference, percentage points+0.8 pts+0.8 pts
Fund returned since it listed−27.0%−26.8%
Difference since it listed+0.8 pts+1.0 pts
Price$19.16$37.12

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.

ETHV in plain words

ETHV 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 ETHV returned −42.8%. That leaves it 0.82 of a percentage point ahead. ETHV charges 0.20% a year and still finished 0.8% ahead of Ether, which a fee cannot do on its own. ETFIQ has not read a clear answer either way out of ETHV’s filings.

Questions people ask

Which tracked Ether more closely, ETHA or ETHV?
Over the window to Sep 11, 2026, ETHA finished 0.80 of a percentage point ahead of Ether and ETHV 0.82 of a percentage point ahead, so ETHA tracked it more closely, by 0.02 of a percentage point. 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 together.
Do ETHA or ETHV 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 ETHV?
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; ETHV by VanEck, listed Jul 23, 2024.
Which is cheaper, ETHA or ETHV?
ETHA charges 0.25% a year and ETHV charges 0.20%, so ETHV 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.

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

How every figure is computed · Standards and sources