ETCO ETF — Grayscale Ethereum Covered Call ETF
Grayscale Ethereum Covered Call ETF (ETCO)
ETCO is an ETF that tracks the Ethereum. As of August 19, 2026, its distribution rate is 34.01%, its trailing-12-month yield is 151.62%, its expense ratio is 0.66%. Dividend Vision Distribution Safety Score™ is 0/100 (High risk). Fund total return is -49.1% over the past year, 6.2 points ahead of ETHA at -55.3%.
At the current 34.01% distribution rate, a $10,000 investment would generate approximately $3,401 per year, or $283.42 per month on an equivalent basis. Actual biweekly payments vary.
ETCO dividend yield and income
Data as of August 19, 2026.
The distribution rate (34.01%) is the latest posted forward yield, paid biweekly. Trailing-12-month yield (151.62%) is the last year of payments divided by the current price. The last dividend was $0.1100. The last ex-dividend date was 08/13/2026. It was paid on 08/14/2026. At 34.01%, $10,000 would generate about $3,401 a year ($283.42 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2026-08-13 | $0.11 | — |
| 2026-07-30 | $0.206 | — |
| 2026-07-14 | $0.191 | — |
| 2026-06-29 | $0.203 | — |
| 2026-06-12 | $0.224 | — |
| 2026-05-28 | $0.26 | — |
| 2026-05-14 | $0.275 | — |
| 2026-04-29 | $0.288 | — |
| 2026-04-14 | $0.313 | — |
| 2026-03-30 | $0.379 | — |
| 2026-03-12 | $0.425 | — |
| 2026-02-26 | $0.449 | — |
| 2026-02-12 | $0.568 | — |
| 2026-01-29 | $0.288 | — |
| 2026-01-14 | $0.621 | — |
| 2025-12-29 | $0.918 | — |
| 2025-12-12 | $0.887 | — |
| 2025-11-26 | $0.802 | — |
| 2025-11-13 | $0.772 | — |
| 2025-10-29 | $1.04 | — |
| 2025-10-14 | $1.288 | — |
| 2025-09-29 | $2.244 | — |
| 2025 total | $7.951 | — |
| 2026 YTD total | $4.8 | — |
ETCO dividend growth
An annualized trend fit on recent payments is -121.85%. That fit can move with uneven quarterly amounts and is not the same as a trailing-12-month cut.
ETCO performance versus ETHA
Data as of August 19, 2026.
Fund total return is -49.1% over the past year, 6.2 points ahead of ETHA at -55.3%. Its deepest 1-year drawdown was 59.3%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (1 years) | -49.1% | — |
ETCO key facts
Data as of August 19, 2026.
- Distribution Safety Score™
- 0 · High risk
- Safety-Adjusted Yield
- 0.00%
- Issuer
- Grayscale Investments
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 09/04/2025
- Expense ratio
- 0.66%
- Distribution rate
- 34.01%
- Distribution frequency
- Biweekly
- Trailing yield
- 151.62%
- Last close
- $8.41
- AUM
- $4,039,770
- Average volume
- 4601.0
- Last dividend
- $0.1100
- Ex-dividend date
- 08/13/2026
- Payment date
- 08/14/2026
- Beta
- 2.2335
How Dividend Vision calculates yield and returns
Distribution rate (34.01%) 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 (151.62%) 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 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: Grayscale Investments fund page; Index: Ethereum; 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.
ETCO risks and drawbacks
The deepest 1-year drawdown on record here is 59.3%.
Frequently asked questions
Does ETCO pay monthly?
No. ETCO currently pays biweekly, not monthly.
What index does ETCO track?
ETCO tracks the Ethereum.
What is ETCO's expense ratio?
ETCO's expense ratio is 0.66%.
What is ETCO's dividend yield?
ETCO currently yields 34.01%, paid biweekly, with a 0.66% expense ratio.
When does ETCO pay a dividend?
ETCO pays biweekly. The last dividend was $0.1100. The last ex-dividend date was 08/13/2026. It was paid on 08/14/2026.
How has ETCO performed?
Fund total return is -49.1% over the past year, 6.2 points ahead of ETHA at -55.3%. Its deepest 1-year drawdown was 59.3%.
Is ETCO a good investment?
ETCO's Dividend Vision Distribution Safety Score is 0 (High risk). That is a risk signal, not investment advice. It currently yields 34.01%. Compare peers below rather than treating any single figure as a buy or sell.
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