Volatility Shares 2x Ether ETF (ETHU) belongs to the Leveraged Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ETHU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ETHU
ETHU charges 2.67% annually. There are 18 ETFs in the Leveraged Cryptocurrency category with lower expense ratios, going as low as 0.94%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Ultra Ether ETF | 0.94% | 178.96M | Jun 2024 | ETHU vs ETHT | |
| Volatility Shares 2x XRP ETF | 0.94% | — | May 2025 | ETHU vs XRPT | |
| Proshares Ultra Bitcoin ETF | 0.95% | 337.97M | Apr 2024 | ETHU vs BITU | |
| Proshares Ultrashort Bitcoin ETF | 0.95% | 176.54M | Apr 2024 | ETHU vs SBIT | |
| T-REX 2X Long Bitcoin Daily Target ETF | 0.95% | — | Jul 2024 | ETHU vs BTCL |
Best Risk-Adjusted Alternatives to ETHU
ETHU has a PortfoliosLab risk / return rank of 3. There are 3 ETFs in the Leveraged Cryptocurrency category with higher risk-adjusted ranks, going as high as 45.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | 45 | 176.54M | Apr 2024 | ETHU vs SBIT | |
| ProShares UltraShort Ether ETF | 16 | 60.61M | Jun 2024 | ETHU vs ETHD | |
| Rareview 2x Bull Cryptocurrency & Precious Metals ... | 5 | — | Feb 2025 | ETHU vs BEGS | |
| T-Rex 2X Long Ether Daily Target ETF | 3 | — | Oct 2024 | ETHU vs ETU | |
| ProShares Ultra Ether ETF | 3 | 178.96M | Jun 2024 | ETHU vs ETHT |
Top Performing ETHU Alternatives (YTD)
ETHU is at -71.31% YTD. There are 6 ETFs in the Leveraged Cryptocurrency category with higher YTD returns, going as high as 35.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | 35.42% | 176.54M | Apr 2024 | ETHU vs SBIT | |
| ProShares UltraShort Ether ETF | 29.04% | 60.61M | Jun 2024 | ETHU vs ETHD | |
| Rareview 2x Bull Cryptocurrency & Precious Metals ... | -40.54% | — | Feb 2025 | ETHU vs BEGS | |
| 2x Bitcoin Strategy ETF | -56.44% | 906.19M | Jun 2023 | ETHU vs BITX | |
| Proshares Ultra Bitcoin ETF | -57.36% | 337.97M | Apr 2024 | ETHU vs BITU |
Lowest Volatility Alternatives to ETHU
ETHU has 134.85% 1-year volatility. There are 11 ETFs in the Leveraged Cryptocurrency category with lower 1-year volatility, going as low as 67.82%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Rareview 2x Bull Cryptocurrency & Precious Metals ... | 67.82% | — | Feb 2025 | ETHU vs BEGS | |
| Direxion Daily Bitcoin Bull 2X ETF | 79.16% | 4.31M | May 2026 | ETHU vs BTCU | |
| Teucrium xETFs 2x Long Daily BNB ETF | 80.64% | 199.42K | Apr 2026 | ETHU vs XBNB | |
| 2x Bitcoin Strategy ETF | 88.21% | 906.19M | Jun 2023 | ETHU vs BITX | |
| Proshares Ultra Bitcoin ETF | 88.40% | 337.97M | Apr 2024 | ETHU vs BITU |
Lowest Drawdown Alternatives to ETHU
ETHU has a 1-year max drawdown of -93.99%. There are 7 ETFs in the Leveraged Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -47.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -47.94% | 176.54M | Apr 2024 | ETHU vs SBIT | |
| ProShares UltraShort Ether ETF | -55.14% | 60.61M | Jun 2024 | ETHU vs ETHD | |
| Rareview 2x Bull Cryptocurrency & Precious Metals ... | -60.23% | — | Feb 2025 | ETHU vs BEGS | |
| Proshares Ultra Bitcoin ETF | -83.45% | 337.97M | Apr 2024 | ETHU vs BITU | |
| 2x Bitcoin Strategy ETF | -83.45% | 906.19M | Jun 2023 | ETHU vs BITX |
Other ETFs from Volatility Shares
The 6 most viewed Volatility Shares ETFs shown here include UVIX, SVIX, ZVOL and span 4 categories. AUM among these funds goes as high as $268M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 2x Long VIX Futures ETF | Volatility | 1 | -52.21% | 268.36M | Mar 2022 | ETHU vs UVIX | |
| -1x Short VIX Futures ETF | Volatility, Inverse Equities | 37 | 0.58% | 195.06M | Mar 2022 | ETHU vs SVIX | |
| Volatility Premium Plus ETF | Volatility | 37 | 5.04% | 14.02M | Apr 2023 | ETHU vs ZVOL | |
| Solana ETF | Cryptocurrency | 3 | -41.22% | 92.03M | Mar 2025 | ETHU vs SOLZ | |
| 2x Solana ETF | Blockchain | 3 | -74.81% | 124.67M | Mar 2025 | ETHU vs SOLT | |
| Volatility Shares XRP ETF | Cryptocurrency | 1 | -43.35% | 92.72M | May 2025 | ETHU vs XRPI |
Often Compared With ETHU
Investors most often compare ETHU with ETH-USD, ETHA, ETHE. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare ETHU with Any Fund or Stock
Compare ETHU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ETHU with funds that move differently
Volatility Shares 2x Ether ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ETHU.
Explore ETHU Diversifiers