Data as of Oct 28, 2026.
ETHE vs ETHV: Tracking, Returns & Fees
Over the year to Oct 28, 2026, ETHE finished 0.55 of a percentage point behind Ether and ETHV 0.25 behind.
askIQ about this page
askIQ about ETHE and ETHV
Net assets: $1.2bn on Jun 30, 2026 for Grayscale Ethereum Staking ETF, and $106m on Oct 27, 2026 for VanEck Ethereum ETF.
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.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 2.30 points a year less; their one-year returns differ by 0.3 points.
| Measure | ETHE | ETHV |
|---|---|---|
| Return | ||
| Total return, 1 year | −41.9% | −41.6% |
| Against its benchmark | ||
| What it tracks | Ether | Ether |
| Against Ether, same days | 0.6% behind | 0.3% behind |
| Cost and size | ||
| Expense ratio | 2.50% | 0.20% |
| Net assets, ETHE as of Jun 30, 2026 and ETHV as of Oct 27, 2026 | $1.2bn | $106m |
| 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 | ETHE | ETHV | ETHE | ETHV | ETHE | ETHV |
| 1 month | −11.4% | −11.4% | −11.3% | −11.3% | −0.1 pts | −0.1 pts |
| 3 months | +25.3% | +25.3% | +25.6% | +25.6% | −0.3 pts | −0.3 pts |
| 6 months | +5.7% | +6.0% | +6.1% | +6.1% | −0.5 pts | −0.1 pts |
| 1 year | −41.9% | −41.6% | −41.3% | −41.3% | −0.6 pts | −0.3 pts |
| 3 years | +51.7% | – | +33.5% | – | +13.6% of its growth | – |
| Since each listed | – | −31.8% | – | −31.5% | – | −0.3 pts |
– means no data for this window. Open this comparison in the app →
The same coin, two trusts
ETHE 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 same days, ETHE finished 0.55 of a percentage point behind Ether and ETHV 0.25 of a percentage point behind, so ETHV kept more of what holding the coin gave, by 0.30 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.
ETHE and ETHV are built for the same job. How do they differ in cost, holdings and results?
- Staking. ETHE: the filings say it does. ETHV: the filings say it does not.
- Cost. ETHE charges 2.50% of assets a year and ETHV 0.20%, a gap of 2.30 points.
- What each follows (similar). Both follow Ether.
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.
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. 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. ETHE charges 2.50% a year and finished 0.6% behind Ether, so the fee is more than the whole difference. Ether is a proof of stake chain, so a fund holding it can stake. 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, ETHE or ETHV?
- Over the window to Oct 28, 2026, ETHE finished 0.55 of a percentage point behind Ether and ETHV 0.25 of a percentage point behind, so ETHV tracked it more closely, by 0.30 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 ETHE 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.
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, ETHE against ETHV, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/ethe-vs-ethv
ETFIQ. (Oct 28, 2026). ETHE against ETHV. Retrieved from https://etfiq.com/compare/crypto/ethe-vs-ethv
[ETHE against ETHV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/crypto/ethe-vs-ethv)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.