Data as of Oct 28, 2026.
ETH vs ETHE: Tracking, Returns & Fees
Over the year to Oct 28, 2026, ETH finished 0.98 of a percentage point ahead of Ether and ETHE 0.55 behind.
askIQ about this page
askIQ about ETH and ETHE
Net assets on Jun 30, 2026: $1.3bn for Grayscale Ethereum Staking Mini ETF and $1.2bn for Grayscale Ethereum Staking 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.ETHE over 1 year: fund −41.89%, Ether −41.34%, 0.55 pts behind Ether. Data to Oct 28, 2026.
Data to Oct 28, 2026.Pair scorecard
ETH costs 2.35 points a year less; their one-year returns differ by 1.5 points; ETH is 1.1 times larger.
| Measure | ETH | ETHE |
|---|---|---|
| Return | ||
| Total return, 1 year | −40.4% | −41.9% |
| Against its benchmark | ||
| What it tracks | Ether | Ether |
| Against Ether, same days | 1.0% ahead of | 0.6% behind |
| Other funds holding Ether | −0.2%, 11 funds | |
| Cost and size | ||
| Expense ratio | 0.15% | 2.50% |
| Net assets, as of Jun 30, 2026 | $1.3bn | $1.2bn |
| Reports to the SEC on | 10-K, not N-PORT | |
| Holdings | ||
| Holdings in common | not published | |
How much of its coin's move it captured, after costs, ranked against 26 spot crypto trusts with a full year. 100 is best. How it is computed
A percentile among the 26 spot crypto trusts with a full year. 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 | ETHE | ETH | ETHE | ETH | ETHE |
| 1 month | −11.2% | −11.4% | −11.3% | −11.3% | +0.1 pts | −0.1 pts |
| 3 months | +26.2% | +25.3% | +25.6% | +25.6% | +0.6 pts | −0.3 pts |
| 6 months | +7.2% | +5.7% | +6.1% | +6.1% | +1.0 pts | −0.5 pts |
| 1 year | −40.4% | −41.9% | −41.3% | −41.3% | +1.0 pts | −0.6 pts |
| 3 years | – | +51.7% | – | +33.5% | – | +13.6% of its growth |
| Since each listed | −30.6% | – | −31.5% | – | +0.9 pts | – |
– means no data for this window. Open this comparison in the app →
The same coin, two trusts
ETH and ETHE 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, ETH finished 0.98 of a percentage point ahead of Ether and ETHE 0.55 of a percentage point behind, so ETHE kept more of what holding the coin gave, by 0.43 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 number.
ETH and ETHE are built for the same job. How do they differ in cost, holdings and results?
- Cost. ETH charges 0.15% of assets a year and ETHE 2.50%, a gap of 2.35 points.
- What each follows (similar). Both follow Ether.
- One-year total return (similar). Over 1 year to Oct 28, 2026 ETH returned −40.4% and ETHE −41.9% with distributions reinvested, a gap of 1.5 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
ETHE’s own filings say it does (424B3, Aug 7, 2026). It charges 2.50% and finished only 0.6% behind Ether, so staking covered about 1.9% of that fee over these days.
ETHE 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 ETHE returned −41.9%. That leaves it 0.55 of a percentage point behind. ETHE charges 2.50% a year and finished 0.6% behind Ether, so the fee is more than the whole difference.
Questions people ask
- Which tracked Ether more closely, ETH or ETHE?
- Over the window to Oct 28, 2026, ETH finished 0.98 of a percentage point ahead of Ether and ETHE 0.55 of a percentage point behind, so ETHE tracked it more closely, by 0.43 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 ETH or ETHE 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.
Cite this pageCitation, APA and Markdown
ETFIQ, ETH against ETHE, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/eth-vs-ethe
ETFIQ. (Oct 28, 2026). ETH against ETHE. Retrieved from https://etfiq.com/compare/crypto/eth-vs-ethe
[ETH against ETHE (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/crypto/eth-vs-ethe)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.