Key stats
About ProShares Short Ether ETF
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Inception date
Nov 2, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
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.
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
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
SETH last dividends amounted to 0.02 USD. The month before, the issuer paid 0.27 USD in dividends, which shows a 1.35 K% decrease.
SETH assets under management is 4.37 M USD. It's risen 32.35% over the last month.
SETH fund flows account for −2.06 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, SETH pays dividends to its holders with the dividend yield of 6.47%. The last dividend (Jun 6, 2025) amounted to 0.02 USD. The dividends are paid monthly.
SETH shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Nov 2, 2023, and its management style is Passive.
SETH expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
SETH follows the Bloomberg Ethereum Index - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SETH invests in cash.
SETH price has fallen by −31.64% over the last month, and its yearly performance shows a −3.93% decrease. See more dynamics on SETH price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −31.33% over the last month, showed a −27.08% decrease in three-month performance and has decreased by −2.08% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −31.33% over the last month, showed a −27.08% decrease in three-month performance and has decreased by −2.08% in a year.
SETH trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.