Fidelity Ethereum Fund (FETH) 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 FETH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FETH
FETH charges 0.25% annually. There are 14 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% | 368.03M | Apr 2026 | FETH vs MSBT | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.60B | Jul 2024 | FETH vs BTC | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.51B | Jul 2024 | FETH vs ETH | |
| Franklin Bitcoin ETF | 0.19% | 331.89M | Jan 2024 | FETH vs EZBC | |
| Franklin Ethereum ETF | 0.19% | 32.26M | Jul 2024 | FETH vs EZET |
Best Risk-Adjusted Alternatives to FETH
FETH has a PortfoliosLab risk / return rank of 5. There are 24 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 95 | — | Oct 2017 | FETH vs ZCSH | |
| ProShares Short Bitcoin ETF | 57 | 115.79M | Jun 2022 | FETH vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 52 | 158.01M | Apr 2024 | FETH vs SBIT | |
| CoinShares Bitcoin Miners ETF | 48 | 395.17M | Feb 2022 | FETH vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 46 | — | Jul 2024 | FETH vs BTCZ |
Top Performing FETH Alternatives (YTD)
FETH is at -40.36% YTD. There are 82 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 47.92%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares UltraShort Ether ETF | 47.92% | 51.90M | Jun 2024 | FETH vs ETHD | |
| Proshares Ultrashort Bitcoin ETF | 44.00% | 158.01M | Apr 2024 | FETH vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 38.95% | — | Jul 2024 | FETH vs BTCZ | |
| ProShares Short Ether Strategy ETF | 37.43% | 17.31M | Nov 2023 | FETH vs SETH | |
| CoinShares Bitcoin Miners ETF | 36.58% | 395.17M | Feb 2022 | FETH vs WGMI |
Lowest Volatility Alternatives to FETH
FETH has 68.30% 1-year volatility. There are 85 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 2.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 2.01% | — | Oct 2025 | FETH vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.73% | — | Oct 2025 | FETH vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.71% | — | Oct 2025 | FETH vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.96% | — | Oct 2025 | FETH vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.97% | 7.63M | Sep 2025 | FETH vs BFOC |
Lowest Drawdown Alternatives to FETH
FETH has a 1-year max drawdown of -67.94%. There are 52 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% | 22.57M | Aug 2022 | FETH vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.45M | Jun 2025 | FETH vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 112.35M | Dec 2024 | FETH vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 115.79M | Jun 2022 | FETH vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.45% | 1.48M | Mar 2024 | FETH vs BTRN |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 8 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 58 | 23.14% | 20.96B | Oct 2013 | FETH vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 71 | 11.08% | 9.74B | Sep 2016 | FETH vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 1 | -28.99% | 10.22B | Jan 2024 | FETH vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 36 | 0.12% | 26.62B | Oct 2014 | FETH vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 55 | 12.20% | 10.69B | Sep 2003 | FETH vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 44 | 11.18% | 6.97B | Jun 2020 | FETH vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 72 | 11.33% | 7.88B | Apr 2007 | FETH vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 32 | 8.15% | 2.35B | Oct 2013 | FETH vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 32 | 4.30% | 5.65B | Nov 2023 | FETH vs FELG | |
| Fidelity MSCI Real Estate Index ETF | REIT | 33 | 12.55% | 1.45B | Feb 2015 | FETH vs FREL |
Often Compared With FETH
Investors most often compare FETH with ETHA, ETH-USD, ETHE. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FETH with Any Fund or Stock
Compare FETH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FETH with funds that move differently
Fidelity Ethereum Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FETH.
Explore FETH Diversifiers