Data as of Oct 28, 2026.
ETHB vs ETHE: Tracking, Returns & Fees
Over the six months to Oct 28, 2026, ETHB finished 0.78 of a percentage point ahead of Ether and ETHE 0.47 behind.
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Net assets: $1.0bn on Oct 27, 2026 for iShares Staked Ethereum Trust ETF, and $1.2bn on Jun 30, 2026 for Grayscale Ethereum Staking ETF.
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.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
ETHB costs 2.25 points a year less.
| Measure | ETHB | ETHE |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | −41.9% |
| Against its benchmark | ||
| What it tracks | Ether | Ether |
| Against Ether, same days | 0.6% ahead of | 0.6% behind |
| Other funds holding Ether | −0.2%, 11 funds | |
| Cost and size | ||
| Expense ratio | 0.25% | 2.50% |
| Net assets, ETHB as of Oct 27, 2026 and ETHE as of Jun 30, 2026 | $1.0bn | $1.2bn |
| Reports to the SEC on | 10-K, not N-PORT | |
| Holdings | ||
| Holdings in common | not published | |
ETHB among the 25 spot crypto trusts listed less than a year
How much of its coin's move it captured, after costs, ranked against 25 spot crypto trusts listed less than a year and 26 spot crypto trusts with a full year. 100 is best. How it is computed
ETHE among the 26 spot crypto trusts with a full year
A percentile among the 25 spot crypto trusts listed less than a year. ETHE is a percentile among the 26 spot crypto trusts with a full 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 | ETHB | ETHE | ETHB | ETHE | ETHB | ETHE |
| 1 month | −11.2% | −11.4% | −11.3% | −11.3% | +0.1 pts | −0.1 pts |
| 3 months | +26.0% | +25.3% | +25.6% | +25.6% | +0.4 pts | −0.3 pts |
| 6 months | +6.9% | +5.7% | +6.1% | +6.1% | +0.8 pts | −0.5 pts |
| 1 year | – | −41.9% | – | −41.3% | – | −0.6 pts |
| 3 years | – | +51.7% | – | +33.5% | – | +13.6% of its growth |
| Since each listed | +15.1% | – | +14.5% | – | +0.6 pts | – |
– means no data for this window. Open this comparison in the app →
The same coin, two trusts
ETHB 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 days each has traded, ETHB finished 0.58 of a percentage point ahead of Ether and ETHE 0.55 of a percentage point behind, 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.
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. 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. ETHB charges 0.25% a year and finished 0.6% 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 0.6% 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, ETHB or ETHE?
- Over the days each has traded, ETHB finished 0.58 of a percentage point ahead of Ether and ETHE 0.55 of a percentage point behind. 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 ETHB 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.
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ETFIQ, ETHB against ETHE, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/ethb-vs-ethe
ETFIQ. (Oct 28, 2026). ETHB against ETHE. Retrieved from https://etfiq.com/compare/crypto/ethb-vs-ethe
[ETHB against ETHE (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/crypto/ethb-vs-ethe)
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