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FETH Fidelity Ethereum Fund

A spot Ether trust. It holds the coin and trades like a share.

Over the year to Sep 11, 2026, FETH returned −42.8% against Ether’s −43.6%, 0.79 of a percentage point ahead.

Fidelity · Crypto ETFs · data as of

Key facts

−42.8%Total return, year
−43.6%Ether over the same days
+0.8 ptsDifference against Ether, in percentage points
537Days it has traded

Method

ETFIQ Coin Capture Score

64.69th of 24

FETH kept 101.4% of what holding Ether gave over the same days.

How much of what holding the coin gave did a holder of the fund keep?

Share of the coin's growth it kept
LTCN 91.2%XRPI 91.3%SOLZ 95.3%GBTC 99.5%BTCW 100.6%ETHE 100.6%BITB 100.7%BTC 100.7%BTCO 100.7%FBTC 100.7%IBIT 100.7%ARKB 100.8%BRRR 100.8%EZBC 100.8%HODL 100.9%ETHA 101.4%ETHV 101.5%ETHW 101.5%EZET 101.5%QETH 101.5%TETH 101.9%ETH 103.3%OBTC 108.6%FETH 101.4%FETH 101.4%91.2%108.6%

That is the share of the 24 spot crypto ETPs with a full year sitting at or below FETH. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

All crypto ETFs ranked by this score · How it is computed

10th of 11 spot Ether ETFs by where they finished against the coin

Period by period

FETH over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowThe fundEtherDifference, percentage points
1 month+35.3%+34.0%+1.3 pts
3 months+52.5%+51.0%+1.5 pts
6 months+20.7%+20.2%+0.4 pts
1 year−42.8%−43.6%+0.8 pts
Since it listed−27.0%−27.8%+0.7 pts

Method

In plain words

Over the year to Sep 11, 2026, Ether moved −43.6% and FETH returned −42.8%. That leaves it 0.79 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 figure on this page the sponsor does not publish itself. FETH charges 0.25% a year and still finished 0.8% 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. FETH’s own filings say it does (424B3, Aug 21, 2026). It charges 0.25% and finished only −0.8% behind Ether, so staking covered about 1.0% of that fee over these days. 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.

FETH (Fidelity Ethereum Fund), crypto ETFs fields as of Sep 11, 2026. Source: ETFIQ.
SponsorFidelity
HoldsEther
Sponsor’s fee (10-Q)0.25%
Stakingthe filings say the trust stakes
Listed sinceJul 23, 2024
Days traded537
Days it closed unchanged3
Quotedon an exchange, every trading day
Price$25.29

Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. How these figures are computed

Questions people ask

Does FETH track Ether?
Over the year to Sep 11, 2026 it returned −42.8% against Ether’s −43.6%, which leaves it 0.79 of a percentage point ahead. That difference carries the fee, the custody cost and the market’s pricing of the shares, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.
Does FETH stake?
Ether is a proof of stake chain, so staking is possible. Whether this fund 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 FETH?
Fidelity Ethereum Fund, a spot Ether trust sponsored by Fidelity, listed Jul 23, 2024. It holds the coin through a custodian rather than futures on it or shares in companies that own it.

The words on this page

Tracking difference
The fund’s total return minus the coin’s over exactly the same days, in percentage points. The fee, the custody cost, the creation and redemption friction and whatever the market paid for the shares, all of it, in one number.
Spot
The fund holds the coin itself, through a custodian, rather than futures on it or shares in companies that own it. Only spot funds are on this desk; the others are measured where they belong.
Sponsor
Who runs the trust. A spot crypto ETF is a 1933 Act trust rather than a registered investment company, so it has a sponsor rather than an adviser, and files a 10-K rather than an N-PORT.
Thinly quoted
A fund whose price sat unchanged on more than one trading day in twenty. Its quoted return is what somebody paid on the days anyone traded, which is not the same thing as what the fund did, so ETFIQ shows it and does not rank it against funds that trade.
Staking
Only proof of stake coins can be staked, so it exists for ether and Solana funds and cannot exist for a bitcoin one. Where a fund stakes, the yield and the sponsor’s share of it are terms in its own filings.

Every term used here, defined in full on the crypto ETFs vocabulary page.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Compare FETH

Also against ETHV, ETHW, EZET, MSSE, QETH, TETH.

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FETH tracking bar, ETFIQ

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Where FETH is written about

FETH, Crypto ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Open FETH live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, FETH, crypto ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/FETH Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources