Key stats
About EVOLVE ETHER ETF USD UNHEDGED UNIT
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Inception date
Apr 20, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Evolve Funds Group, Inc.
The fund is the first ETF in the market that offers exposure to Ether (ETH). The portfolio is priced based on the CME CF Ether-Dollar Reference Rate (ETHUSD_RR) a once-a-day benchmark index price for USD-denominated Ether. ETH holdings are purchased through OTC counterparties, and different Ether trading platforms, including Bitstamp, Coinbase, Gemini, itBit and Kraken. A trading platform is eligible as a constituent exchange in the ETHUSD_RR if it facilitates cryptocurrency spot trading against the corresponding fiat currency, and makes trade data and order data available. ETHUSD_RR uses a pricing methodology that divides a one-hour window of transactions on constituent exchanges into 12 partitions of equal length (five minutes each). It produces an ETH value that averages the volume-weighted median of all transactions in each partition. The fund will not use derivatives, does not intend to pay regular cash distributions, and will not hedge any foreign currency exposure.
Classification
Geography
Global
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
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous99.74%
Cash0.26%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ETHR.U assets under management is 45.50 M USD. It's risen 3.07% over the last month.
ETHR.U fund flows account for 5.11 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.
No, ETHR.U doesn't pay dividends to its holders.
ETHR.U shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Apr 20, 2021, and its management style is Passive.
ETHR.U expense ratio is 2.07% meaning you'd have to pay 2.07% of your investment to help manage the fund.
ETHR.U follows the ETH/USD Exchange Rate - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHR.U invests in cash.
ETHR.U price has fallen by −1.92% over the last month, and its yearly performance shows a −28.10% decrease. See more dynamics on ETHR.U price chart.
NAV returns, another gauge of an ETF dynamics, showed a 37.51% increase in three-month performance and has decreased by −26.14% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 37.51% increase in three-month performance and has decreased by −26.14% in a year.
ETHR.U trades at a premium (25.68%) meaning the ETF is trading at a higher price than the calculated NAV.