ProShares Ether Strategy ETF (EETH) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with EETH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EETH
EETH charges 0.95% annually. There are 90 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 392.19M | Apr 2026 | EETH vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.57B | Jul 2024 | EETH vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.71B | Jul 2024 | EETH vs BTC | |
| Franklin Crypto Index ETF | 0.19% | 14.11M | Feb 2025 | EETH vs EZPZ | |
| Franklin Solana ETF | 0.19% | 8.21M | Dec 2025 | EETH vs SOEZ |
Best Risk-Adjusted Alternatives to EETH
EETH has a PortfoliosLab risk / return rank of 3. There are 28 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 96 | — | Oct 2017 | EETH vs ZCSH | |
| ProShares Short Bitcoin ETF | 61 | 129.73M | Jun 2022 | EETH vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 55 | 176.54M | Apr 2024 | EETH vs SBIT | |
| CoinShares Bitcoin Miners ETF | 51 | 240.40M | Feb 2022 | EETH vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 48 | — | Jul 2024 | EETH vs BTCZ |
Top Performing EETH Alternatives (YTD)
EETH is at -38.56% YTD. There are 75 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 39.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | 39.44% | 176.54M | Apr 2024 | EETH vs SBIT | |
| CoinShares Bitcoin Miners ETF | 34.47% | 240.40M | Feb 2022 | EETH vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 34.44% | — | Jul 2024 | EETH vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.72% | 16.03M | Nov 2023 | EETH vs SETH | |
| ProShares UltraShort Ether ETF | 29.25% | 60.61M | Jun 2024 | EETH vs ETHD |
Lowest Volatility Alternatives to EETH
EETH has 67.62% 1-year volatility. There are 92 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 1.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 1.95% | — | Oct 2025 | EETH vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.65% | — | Oct 2025 | EETH vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.49% | — | Oct 2025 | EETH vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.56% | — | Oct 2025 | EETH vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.68% | 7.65M | Sep 2025 | EETH vs BFOC |
Lowest Drawdown Alternatives to EETH
EETH has a 1-year max drawdown of -69.22%. There are 57 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 23.25M | Aug 2022 | EETH vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.44M | Jun 2025 | EETH vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 111.94M | Dec 2024 | EETH vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 129.73M | Jun 2022 | EETH vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -25.73% | 735.02K | Mar 2024 | EETH vs BTRN |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 36 | 23.06% | 32.83B | Feb 2010 | EETH vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 39 | 18.94% | 12.76B | Jun 2006 | EETH vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -29.42% | 1.41B | Oct 2021 | EETH vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 50 | 21.72% | 5.15B | Jun 2009 | EETH vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 16.14% | 7.81B | Jun 2006 | EETH vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 47 | 10.84% | 11.68B | Oct 2013 | EETH vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 52 | 50.25% | 2.47B | Jan 2007 | EETH vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -34.61% | 2.00B | Feb 2010 | EETH vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 44 | 10.08% | 394.37M | Mar 2024 | EETH vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.24% | 244.68M | Oct 2011 | EETH vs UVXY |
Often Compared With EETH
Investors most often compare EETH with ETH-USD, IBIT, BITX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare EETH with Any Fund or Stock
Compare EETH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EETH with funds that move differently
ProShares Ether Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EETH.
Explore EETH Diversifiers