# ETHT (ProShares Ultra Ether ETF)

ProShares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: ETHT returned +108.6% where its own daily promise gave +118.5%, 9.9 points short.

## Key facts

- ETHT, what ETHA did: +52.4%, as of Sep 11, 2026.
- ETHT, what +2 times a day gives: +118.5%, as of Sep 11, 2026.
- ETHT, what the fund returned: +108.6%, as of Sep 11, 2026.
- ETHT, the fund itself cost: −9.9 pts, as of Sep 11, 2026.
- ETHT, net assets: $274m (issuer page, as of Sep 11, 2026).
- ETHT, expense ratio: 0.94% (485BPOS XBRL, Sep 23, 2025).

## ETHT over each window to Sep 11, 2026

| Window | Fund | ETHA | +2x the move | Difference | ETHA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +75.7% | +35.3% | +70.6% | +5.0 pts | 55% |
| 3 months | +108.6% | +52.4% | +104.9% | +3.7 pts | 51% |
| 6 months | +15.1% | +20.6% | +41.2% | −26.1 pts | 53% |
| 1 year | −82.8% | −42.8% | −85.6% | +2.8 pts | 65% |
| Since launch | −88.2% | −27.0% | −54.0% | −34.2 pts | 71% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of ETHA, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.07 times, against +2 stated | ETFIQ |
| Underlying | ETHA | ETFIQ |
| Segment | asset class, crypto | ETFIQ |
| Net assets | $274m | issuer page, as of Sep 11, 2026 |
| Expense ratio | 0.94% | 485BPOS XBRL, Sep 23, 2025 |
| Launched | Jun 7, 2024 | ETFIQ |
| Underlying volatility over the window | 51% annualized | ETFIQ |

## Questions

### Did ETHT return +2 times ETHA?

Over the window to Sep 11, 2026, ETHA moved +52.4% and ETHT returned +108.6%. 2 times that move is +104.9%, so the fund came out 3.7 points ahead of it.

### Why does ETHT not return +2 times over a year?

Because it resets daily. ETHT aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x ETHA ETF tracked its stated multiple most closely?

4 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, ETHT, data as of Sep 11, 2026. https://etfiq.com/funds/ETHT
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/ETHT  ·  JSON: https://etfiq.com/funds/ETHT.json