ProShares Short Ether ETFProShares Short Ether ETFProShares Short Ether ETF

ProShares Short Ether ETF

No trades
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Key stats


Assets under management (AUM)
‪3.56 M‬USD
Fund flows (1Y)
‪4.15 M‬USD
Dividend yield (indicated)
3.52%
Discount/Premium to NAV
−6.4%

About ProShares Short Ether ETF


Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.95%
Home page
Inception date
Nov 2, 2023
Index tracked
Bloomberg Ethereum Index - Benchmark Price Return
Management style
Passive
SETH is the first ETF to provide inverse exposure to Ether. It aims to profit from the price decline of Ether for a single day. Ether pricing is sourced from the Bloomberg Ethereum Crypto Fixing Rate (CFIX). The index price is a composite of US dollar-Ether trading activity reported by digital asset trading platforms. To obtain inverse exposure to the index, the fund primarily invests in standardized, cash-settled Ether futures contracts. Returns of the fund can vary significantly from -1x exposure if held for longer than a day. As an inverse product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle. The fund itself gains exposure through a wholly owned Cayman Islands subsidiary. Before March 15, 2024, the fund tracked the S&P CME Ether Futures Index. Until Sept. 27, 2024, the fund tracked the Bloomberg Galaxy Ethereum Index.

Classification


Asset Class
Currency
Category
Pair
Niche
Derivative
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash302,293.43%
Miscellaneous−302,193.43%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows