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ProShares Short Ether Strategy ETF (SETH)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

ProShares

Inception Date

Nov 1, 2023

Region

Global (Broad)

Category

Blockchain

Leveraged

1x

Index Tracked

Bloomberg Galaxy Ethereum (--100%)

Asset Class

Cryptocurrency

Expense Ratio

SETH has a high expense ratio of 0.95%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SETH vs. ETH-USD SETH vs. FDIG
Popular comparisons:

Performance

Performance Chart


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Returns By Period

ProShares Short Ether Strategy ETF (SETH) returned -1.10% year-to-date (YTD) and -29.81% over the past 12 months.


SETH

YTD

-1.10%

1M

-45.49%

6M

-6.08%

1Y

-29.81%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.08%

1M

9.75%

6M

-1.63%

1Y

12.74%

5Y*

15.66%

10Y*

10.77%

*Annualized

Monthly Returns

The table below presents the monthly returns of SETH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-1.49%42.25%16.73%-3.82%-37.14%-1.10%
2024-1.15%-33.78%-7.66%19.28%-24.87%11.91%0.76%22.76%-4.90%1.91%-34.03%5.14%-49.60%
2023-12.32%-11.95%-22.80%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SETH is 6, meaning it’s performing worse than 94% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SETH is 66
Overall Rank
The Sharpe Ratio Rank of SETH is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of SETH is 1010
Sortino Ratio Rank
The Omega Ratio Rank of SETH is 1010
Omega Ratio Rank
The Calmar Ratio Rank of SETH is 22
Calmar Ratio Rank
The Martin Ratio Rank of SETH is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Short Ether Strategy ETF (SETH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

ProShares Short Ether Strategy ETF Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: -0.40
  • All Time: -0.66

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of ProShares Short Ether Strategy ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

ProShares Short Ether Strategy ETF provided a 6.89% dividend yield over the last twelve months, with an annual payout of $1.02 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.40$0.5020232024
Dividends
Dividend Yield
PeriodTTM20242023
Dividend$1.02$0.53$0.12

Dividend yield

6.89%3.44%0.37%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Short Ether Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.04$0.03$0.31$0.27$0.65
2024$0.00$0.04$0.06$0.03$0.03$0.02$0.07$0.07$0.06$0.07$0.04$0.03$0.53
2023$0.12$0.12

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Short Ether Strategy ETF. 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 ProShares Short Ether Strategy ETF was 67.58%, occurring on Dec 16, 2024. The portfolio has not yet recovered.

The current ProShares Short Ether Strategy ETF drawdown is 61.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-67.58%Nov 3, 2023281Dec 16, 2024

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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