Data as of Oct 28, 2026.
ETH vs ETHB: Tracking, Returns & Fees
Over the six months to Oct 28, 2026, ETH finished 1.0 percentage point ahead of Ether and ETHB 0.78 ahead.
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Net assets: $1.3bn on Jun 30, 2026 for Grayscale Ethereum Staking Mini ETF, and $1.0bn on Oct 27, 2026 for iShares Staked Ethereum Trust ETF.
ETH over 1 year: fund −40.36%, Ether −41.34%, 0.98 pt ahead of Ether. Data to Oct 28, 2026.
Data to Oct 28, 2026.ETHB since launch: fund +15.05%, Ether +14.47%, 0.58 pts ahead of Ether. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
ETH costs 0.10 points a year less.
| Measure | ETH | ETHB |
|---|---|---|
| Return | ||
| Total return, 1 year | −40.4% | not published |
| Against its benchmark | ||
| What it tracks | Ether | Ether |
| Against Ether, same days | 1.0% ahead of | 0.6% ahead of |
| Other funds holding Ether | −0.2%, 11 funds | −0.2%, 11 funds |
| Cost and size | ||
| Expense ratio | 0.15% | 0.25% |
| Net assets, ETH as of Jun 30, 2026 and ETHB as of Oct 27, 2026 | $1.3bn | $1.0bn |
| Reports to the SEC on | 10-K, not N-PORT | |
| Holdings | ||
| Holdings in common | not published | |
ETH among the 26 spot crypto trusts with a full year
How much of its coin's move it captured, after costs, ranked against 26 spot crypto trusts with a full year and 25 spot crypto trusts listed less than a year. 100 is best. How it is computed
ETHB among the 25 spot crypto trusts listed less than a year
A percentile among the 26 spot crypto trusts with a full year. ETHB is a percentile among the 25 spot crypto trusts listed less than a year, a different set, so the two marks are not on one scale. Share of the coin's own price growth a holder kept; funds on different coins are ranked together. All crypto ETFs ranked by it →
Side by side
As of Oct 28, 2026. Source: ETFIQ.
Window by window
| Total return | The coin over the same days | Difference, percentage points | ||||
|---|---|---|---|---|---|---|
| Window | ETH | ETHB | ETH | ETHB | ETH | ETHB |
| 1 month | −11.2% | −11.2% | −11.3% | −11.3% | +0.1 pts | +0.1 pts |
| 3 months | +26.2% | +26.0% | +25.6% | +25.6% | +0.6 pts | +0.4 pts |
| 6 months | +7.2% | +6.9% | +6.1% | +6.1% | +1.0 pts | +0.8 pts |
| 1 year | −40.4% | – | −41.3% | – | +1.0 pts | – |
| Since each listedNot the same days: ETH Jul 2024 · ETHB Mar 2026 | −30.6% | +15.1% | −31.5% | +14.5% | +0.9 pts | +0.6 pts |
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The same coin, two trusts
ETH 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, ETH finished 0.98 of a percentage point ahead of Ether and ETHB 0.58 of a percentage point ahead, but the two windows are not the same days, so neither number 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 number. ETH has 597 more days of record than ETHB, and a longer record is a longer window over which a cost can show itself.
No client brief for this pair: ETFIQ prints no one-year total return for ETHB.
ETH’s own filings say it does (424B3, Aug 7, 2026).
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 Oct 28, 2026, Ether moved −41.3% and ETH returned −40.4%. That leaves it 0.98 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 number on this page the sponsor does not publish itself. ETH charges 0.15% a year and finished 1.0% 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. What the prices show is that it finished 1.0% ahead of Ether’s own price over the same days, against −0.2% for the other 11 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.
ETHB’s own filings say it does (10-Q, Aug 11, 2026).
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 launch to Oct 28, 2026, Ether moved +14.5% and ETHB returned +15.1%. That leaves it 0.58 of a percentage point ahead. ETHB charges 0.25% a year and finished 0.6% ahead of Ether, which a fee cannot do on its own. What the prices show is that it finished 0.6% ahead of Ether’s own price over the same days, against −0.2% for the other 11 funds holding Ether.
Questions people ask
- Which tracked Ether more closely, ETH or ETHB?
- Over the days each has traded, ETH finished 0.98 of a percentage point ahead of Ether and ETHB 0.58 of a percentage point 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 ETH 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.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, ETH against ETHB, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/eth-vs-ethb
ETFIQ. (Oct 28, 2026). ETH against ETHB. Retrieved from https://etfiq.com/compare/crypto/eth-vs-ethb
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