Data as of .
ETHA vs FETH: which tracked its coin?
Over the year, ETHA finished 0.80 of a percentage point ahead of Ether and FETH 0.79 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 FETH 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 FETH 0.79 of a percentage point ahead, so FETH kept more of what holding the coin gave, by 0.01 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
| Window | Total return | The coin over the same days | Difference, percentage points | |||
|---|---|---|---|---|---|---|
| ETHA | FETH | ETHA | FETH | ETHA | FETH | |
| 1 month | +35.3% | +35.3% | +34.0% | +34.0% | +1.3 pts | +1.3 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 | +0.4 pts |
| 1 year | −42.8% | −42.8% | −43.6% | −43.6% | +0.8 pts | +0.8 pts |
| Since each listed | −27.0% | −27.0% | −27.8% | −27.8% | +0.8 pts | +0.7 pts |
| ETHA iShares Ethereum Trust ETF Holds Ether through a custodian, listed Jul 23, 2024 | FETH Fidelity Ethereum Fund Holds Ether through a custodian, listed Jul 23, 2024 | |
|---|---|---|
| Sponsor | iShares | Fidelity |
| Holds | Ether | Ether |
| Net assets | $6.4bn, balance sheet of Mar 31, 2026 | not read |
| Sponsor’s fee | 0.25% | 0.25% |
| Fee waiver | reduced to 0.12%, first $2.5 billion of assets | none |
| Staking | the filings say it does not | the filings say it does |
| Listed | Jul 23, 2024 | Jul 23, 2024 |
| Days since listing | 780 days | 780 days |
| Days it has traded | 537 | 537 |
| Days it closed unchanged | 2 | 3 |
| Quoted | on an exchange, every trading day | on 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% | −27.0% |
| Difference since it listed | +0.8 pts | +0.7 pts |
| Price | $19.16 | $25.29 |
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.
FETH in plain words
FETH 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 FETH returned −42.8%. That leaves it 0.79 of a percentage point ahead. FETH charges 0.25% a year and still finished 0.8% ahead of Ether, which a fee cannot do on its own. FETH’s own filings say it does (424B3, Aug 21, 2026). It charges 0.25% and finished only −0.8% behind Ether, so staking covered about 1.0% of that fee over these days.
Questions people ask
- Which tracked Ether more closely, ETHA or FETH?
- Over the window to Sep 11, 2026, ETHA finished 0.80 of a percentage point ahead of Ether and FETH 0.79 of a percentage point ahead, so FETH tracked it more closely, by 0.01 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 FETH 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 FETH?
- 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; FETH by Fidelity, listed Jul 23, 2024.
- Which is cheaper, ETHA or FETH?
- ETHA charges 0.25% a year and FETH 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 FETH, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/ETHA-FETH Free to use with attribution; the underlying files are at Open data.