ETHU ETF — 2x Ether ETF

2x Ether ETF (ETHU)

ETHU is an ETF. As of August 28, 2026, its distribution rate is 0.56%, its trailing-12-month yield is 2.32%, its expense ratio is 2.97%. Dividend Vision Distribution Safety Score™ is 17/100 (High risk). Fund total return is -91.4% over the past 2.2 years, 140.9 points behind SPY at 49.5%.

At the current 0.56% distribution rate, a $10,000 investment would generate approximately $56 per year, or $4.67 per month on an equivalent basis.

The 2x Ether ETF from Volatility Shares seeks daily investment results equal to twice the performance of ether-linked instruments by investing at least 80% of its net assets in such instruments; it is a leveraged, non-diversified fund focused on the cryptocurrency asset. The fund carries a modest distribution rate and distributes monthly, with an expense ratio of 2.97%. It appeals to investors seeking amplified exposure to ether price movements, though leverage introduces substantial volatility and risk.

ETHU performance versus SPY

Data as of August 28, 2026.

Fund total return is -91.4% over the past 2.2 years, 140.9 points behind SPY at 49.5%. Its deepest 1-year drawdown was 93.3%.

ETHU key facts

Data as of August 28, 2026.

Distribution Safety Score™

17 · High risk

Safety-Adjusted Yield

0.10%

Issuer

Volatility Shares

Asset type

ETF

Asset class

Crypto

Inception date

06/03/2024

Expense ratio

2.97%

Distribution rate

0.56%

Distribution frequency

Monthly

Trailing yield

2.32%

Last close

$25.72

AUM

$1,178,545,378

Average volume

8235747.0

Last dividend

$0.0120

Ex-dividend date

08/19/2026

Payment date

08/20/2026

Beta

6.0387

How Dividend Vision calculates yield and returns

Distribution rate (0.56%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.32%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: Volatility Shares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ETHU risks and drawbacks

ETHU's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 93.3%.

Who may consider ETHU — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Volatility Shares.