ETHU ETF — 2x Ether ETF

2x Ether ETF (ETHU)

Updated October 27, 2026.

ETHU is an ETF. Its distribution rate is 1.70%, its trailing-12-month yield is 2.15%, its expense ratio is 2.97%. Dividend Vision Distribution Safety Score™ is 40/100 (Caution). Total return is -92.5% over the past 2.4 years, 142.5 points behind SPY at 50.0%.

The 2x Ether ETF is a leveraged fund that seeks to deliver twice the daily performance of Ether, a digital asset created and operated through the Ethereum Network's decentralized peer-to-peer system; it invests at least 80% of its net assets in Ether-linked instruments and is non-diversified. The fund carries a modest current distribution rate with monthly distributions and has a relatively high expense ratio of 2.97% that reflects its leveraged structure. This ETF appeals primarily to traders and crypto-focused investors seeking amplified exposure to Ether price movements rather than traditional income investors.

ETHU performance versus SPY

As of Oct 27, 2026

Total return is -92.5% over the past 2.4 years, 142.5 points behind SPY at 50.0%. Over the past year its total return — price change plus distributions reinvested — is -81.8%. Its deepest 1-year drawdown was 91.1%.

ETHU key facts

Distribution Safety Score™

40 · Caution · 28th of 131 crypto-linked income funds

Safety-Adjusted Yield

0.68%

Issuer

Volatility Shares

Asset type

ETF

Asset class

Crypto

Inception date

06/03/2024

Expense ratio

2.97%

Distribution rate

1.70%

Distribution frequency

Monthly

Trailing yield

2.15%

Last close

$22.63 (as of 2026-10-27)

AUM

$986,843,044

Average volume

2,651,360

Dividend

$0.032

Ex-dividend date

10/21/2026

Payment date

10/22/2026

Beta

6.0387

How Dividend Vision calculates yield and returns

Distribution rate (1.70%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.15%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

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 91.1%.

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.

More on ETHU

• All tickers starting with E

Tagged: Leverage, Ethereum, Crypto.

Frequently asked questions

More securities from Volatility Shares.