Data as of Oct 28, 2026.

vsOpen in the appCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Crypto ETFs

ETHB vs ETHV: Tracking, Returns & Fees

Share
Share on XDownload as PDF

Over the six months to Oct 28, 2026, ETHB finished 0.78 of a percentage point ahead of Ether and ETHV 0.10 behind.

askIQ about this page

askIQ about ETHB and ETHV

Net assets on Oct 27, 2026: $1.0bn for iShares Staked Ethereum Trust ETF and $106m for VanEck Ethereum ETF.

At a glance
+15.1%
ETHB returned, since launch, Mar 12, 2026
−41.6%
ETHV returned, 1 year
+0.6 pts
ETHB against Ether, in percentage points
−0.3 pts
ETHV against Ether, in percentage points
ETHB · since launch to Oct 28, 2026 Within a point of Ether
Within a point of EtherETHB since launch: fund +15.05%, Ether +14.47%, 0.58 pts ahead of Ether. Data to Oct 28, 2026.Ether+14.47%ETHB+15.05%0.58 pts ahead of EtherTotal return, since launch, fund against the coinWithin a point of EtherETHB since launch: fund +15.05%, Ether +14.47%, 0.58 pts ahead of Ether. Data to Oct 28, 2026.Ether+14.47%ETHB+15.05%0.58 pts ahead of EtherTotal return, since launch

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.
ETHV · 1 year to Oct 28, 2026 Within a point of Ether
Within a point of EtherETHV over 1 year: fund −41.59%, Ether −41.34%, 0.25 pts behind Ether. Data to Oct 28, 2026.Ether−41.34%ETHV−41.59%about level with EtherTotal return, 1 year, fund against the coinWithin a point of EtherETHV over 1 year: fund −41.59%, Ether −41.34%, 0.25 pts behind Ether. Data to Oct 28, 2026.Ether−41.34%ETHV−41.59%about level with EtherTotal return, 1 year

ETHV over 1 year: fund −41.59%, Ether −41.34%, 0.25 pts behind Ether. Data to Oct 28, 2026.

Data to Oct 28, 2026.

Pair scorecard

ETHV costs 0.05 points a year less; ETHB is 9.4 times larger.

ETHB vs ETHV: Tracking, Returns & Fees
MeasureETHBETHV
Return
Total return, 1 yearnot published−41.6%
Against its benchmark
What it tracksEtherEther
Against Ether, same days0.6% ahead of0.3% behind
Other funds holding Ether−0.2%, 11 funds
Cost and size
Expense ratio0.25%0.20%
Net assets, as of Oct 27, 2026$1.0bn$106m
Reports to the SEC on10-K, not N-PORT
Holdings
Holdings in commonnot published
ETFIQ Coin Capture Score · ETHB scores higher How much of what holding the coin gave did a holder of the fund keep?

ETHB among the 25 spot crypto trusts listed less than a year

IQ Crypto Score50ETHB21.2ETHV

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

ETHB 50
2.0, the lowest in this set 98.0, the highest

ETHV among the 26 spot crypto trusts with a full year

ETHV 21.2
1.9, the lowest in this set 98.1, the highest

A percentile among the 25 spot crypto trusts listed less than a year. ETHV 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 →

Method

Side by side

ETHB iShares Staked Ethereum Trust ETF · Holds Ether through a custodian, first traded Mar 12, 2026 ETHV VanEck Ethereum ETF · Holds Ether through a custodian, first traded Jul 23, 2024
Sponsor iShares VanEck
Holds Ether Ether
Net assets, as filed $459m, balance sheet of Jun 30, 2026 $78m, balance sheet of Jun 30, 2026
Sponsor’s fee 0.25% 0.20%
Fee waiver reduced to 0.12%, first $2.5 billion of assets the whole fee, until July 22, 2025, first $1.5 billion of assets
Staking the filings say it does the filings say it does not
First traded Mar 12, 2026 Jul 23, 2024
Days since its first trade 230 days 827 days
Days it has traded 160 570
Days it closed unchanged 1 4
Quoted on an exchange, every trading day on an exchange, every trading day
Fund returned, 1 year +15.1% (since launch, Mar 12, 2026) −41.6%
The coin over the same days +14.5% −41.3%
Difference, percentage points +0.6 pts −0.3 pts
Fund returned since launch +15.1% −31.8%
Difference since launch +0.6 pts −0.3 pts
Price $30.51 $34.57
Net assets, as of Oct 27, 2026 $1.0bn $106m

As of Oct 28, 2026. Source: ETFIQ.

Window by window

Window by window: ETHB vs ETHV: Tracking, Returns & Fees
Total returnThe coin over the same daysDifference, percentage points
WindowETHBETHVETHBETHVETHBETHV
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%+6.0%+6.1%+6.1%+0.8 pts−0.1 pts
1 year–−41.6%–−41.3%–−0.3 pts
Since each listedNot the same days: ETHB Mar 2026 · ETHV Jul 2024+15.1%−31.8%+14.5%−31.5%+0.6 pts−0.3 pts

– means no data for this window. Open this comparison in the app →

The same coin, two trusts

ETHB 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 days each has traded, ETHB finished 0.58 of a percentage point ahead of Ether and ETHV 0.25 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. ETHV has 597 more days of record than ETHB, and a longer record is a longer window over which a cost can show itself.

Alert

ETHB and ETHV flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
ETHB

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.

ETHV

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 Oct 28, 2026, Ether moved −41.3% and ETHV returned −41.6%. That leaves it 0.25 of a percentage point behind. ETHV charges 0.20% a year and finished 0.3% behind Ether, so the fee is almost the whole of the difference. ETHV’s own filings say it does not (10-K, Mar 30, 2026).

Questions people ask

Which tracked Ether more closely, ETHB or ETHV?
Over the days each has traded, ETHB finished 0.58 of a percentage point ahead of Ether and ETHV 0.25 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 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 ETHB 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. ETHB is sponsored by iShares and first traded Mar 12, 2026; ETHV by VanEck, first traded Jul 23, 2024.
Which is cheaper, ETHB or ETHV?
ETHB charges 0.25% a year and ETHV charges 0.20%, so ETHV is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Sources and dates

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, ETHB against ETHV, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/ethb-vs-ethv

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.