Fidelity Ethereum Fund (FETH)
The ETF aims to achieve its investment objective by holding ether and valuing its shares daily using a volume-weighted median price methodology derived from ether price feeds from eligible spot markets.
ETF Info
Jul 22, 2024
Fidelity Ethereum Reference Rate Index
Expense Ratio
FETH has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Ethereum Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FETH
7.90%
-7.52%
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
1.03%
-2.37%
6.74%
26.74%
12.96%
11.51%
Monthly Returns
The table below presents the monthly returns of FETH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.71% | -23.32% | 3.63% | -3.39% | 43.01% | -6.88% | -3.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Ethereum Fund (FETH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Ethereum Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Ethereum Fund was 35.89%, occurring on Sep 6, 2024. Recovery took 56 trading sessions.
The current Fidelity Ethereum Fund drawdown is 11.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -35.89% | Jul 24, 2024 | 32 | Sep 6, 2024 | 56 | Nov 25, 2024 | 88 |
| -18.21% | Dec 9, 2024 | 13 | Dec 26, 2024 | — | — | — |
| -5.47% | Nov 26, 2024 | 1 | Nov 26, 2024 | 1 | Nov 27, 2024 | 2 |
| -1.82% | Dec 5, 2024 | 1 | Dec 5, 2024 | 1 | Dec 6, 2024 | 2 |
| -1.32% | Nov 29, 2024 | 1 | Nov 29, 2024 | 3 | Dec 4, 2024 | 4 |
Volatility
Volatility Chart
The current Fidelity Ethereum Fund volatility is 20.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.