Key stats
About ProShares Trust ProShares UltraShort Ether ETF
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Inception date
Jun 7, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ETHD is a bearish one-day bet against Ether, seeking to provide double the inverse daily returns of its Ether index. The index, maintained by Bloomberg Index Services, is designed as a proxy for the Ether market. The index price is a composite of US Dollar-Ether trading activities reported by digital asset trading platforms. The fund does not invest directly in Ether. It primarily buys cash-settled Ether futures contracts, using a mathematical approach to obtain exposure to the index. It will roll the contracts monthly as they near expiration and replace them with new futures contracts with a later expiration. The fund holds money market instruments for collateral. It gains inverse leveraged exposure by utilizing a wholly-owned Cayman Islands subsidiary. The returns of the fund can vary significantly from 2x inverse exposure if held for longer than a day. As a geared product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ETHD last dividends amounted to 0.29 USD. The month before, the issuer paid 4.06 USD in dividends, which shows a 1.31 K% decrease.
ETHD assets under management is 25.79 M USD. It's risen 178.23% over the last month.
ETHD fund flows account for 43.90 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ETHD pays dividends to its holders with the dividend yield of 71.62%. The last dividend (Jun 6, 2025) amounted to 0.29 USD. The dividends are paid monthly.
ETHD shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Jun 7, 2024, and its management style is Passive.
ETHD expense ratio is 1.01% meaning you'd have to pay 1.01% of your investment to help manage the fund.
ETHD follows the Bloomberg Ethereum Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHD invests in cash.
ETHD price has fallen by −57.45% over the last month, and its yearly performance shows a −58.71% decrease. See more dynamics on ETHD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −58.13% over the last month, showed a −63.52% decrease in three-month performance and has decreased by −28.88% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −58.13% over the last month, showed a −63.52% decrease in three-month performance and has decreased by −28.88% in a year.
ETHD trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.