21Shares Ethereum ETF (TETH) 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 TETH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TETH
Among 118 ETFs in the Cryptocurrency category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 376.59M | Apr 2026 | TETH vs MSBT | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.69B | Jul 2024 | TETH vs BTC | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.55B | Jul 2024 | TETH vs ETH | |
| Franklin Bitcoin ETF | 0.19% | 366.62M | Jan 2024 | TETH vs EZBC | |
| Franklin Solana ETF | 0.19% | 8.51M | Dec 2025 | TETH vs SOEZ |
Best Risk-Adjusted Alternatives to TETH
TETH has a PortfoliosLab risk / return rank of 4. There are 19 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 | TETH vs ZCSH | |
| ProShares Short Bitcoin ETF | 53 | 118.48M | Jun 2022 | TETH vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 47 | 163.33M | Apr 2024 | TETH vs SBIT | |
| CoinShares Bitcoin Miners ETF | 45 | 240.40M | Feb 2022 | TETH vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 41 | — | Jul 2024 | TETH vs BTCZ |
Top Performing TETH Alternatives (YTD)
TETH is at -35.88% YTD. There are 68 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 37.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CoinShares Bitcoin Miners ETF | 37.71% | 240.40M | Feb 2022 | TETH vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 30.98% | 163.33M | Apr 2024 | TETH vs SBIT | |
| ProShares UltraShort Ether ETF | 27.90% | 50.89M | Jun 2024 | TETH vs ETHD | |
| ProShares Short Ether Strategy ETF | 27.84% | 16.28M | Nov 2023 | TETH vs SETH | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 26.37% | — | Jul 2024 | TETH vs BTCZ |
Lowest Volatility Alternatives to TETH
TETH has 67.54% 1-year volatility. There are 83 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 1.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 1.99% | — | Oct 2025 | TETH vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.70% | — | Oct 2025 | TETH vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.63% | — | Oct 2025 | TETH vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.82% | — | Oct 2025 | TETH vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.86% | 7.63M | Sep 2025 | TETH vs BFOC |
Lowest Drawdown Alternatives to TETH
TETH has a 1-year max drawdown of -67.74%. There are 47 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% | 22.87M | Aug 2022 | TETH vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.45M | Jun 2025 | TETH vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 110.04M | Dec 2024 | TETH vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 118.48M | Jun 2022 | TETH vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.03% | 1.48M | Mar 2024 | TETH vs BTRN |
Other ETFs from 21Shares
The 10 most viewed 21Shares ETFs shown here include TTOP, TSOL, THYP and span 3 categories. AUM among these funds goes as high as $124M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 21Shares FTSE Crypto 10 Index ETF | Cryptocurrency | — | -28.18% | — | Nov 2025 | TETH vs TTOP | |
| 21Shares Solana ETF | Cryptocurrency, Blockchain | — | -36.82% | 3.13M | Nov 2025 | TETH vs TSOL | |
| 21Shares Hyperliquid ETF | Cryptocurrency | — | — | 61.49M | — | TETH vs THYP | |
| 21Shares XRP ETF | Cryptocurrency, Blockchain | — | -39.10% | 124.21M | Dec 2025 | TETH vs TOXR | |
| 21Shares 2x Long Dogecoin ETF | Leveraged Cryptocurrency, Cryptocurrency, Blockchain | — | -75.59% | 3.17M | Nov 2025 | TETH vs TXXD | |
| 21Shares Polkadot ETF | Cryptocurrency | — | — | 7.68M | Mar 2026 | TETH vs TDOT | |
| 21Shares Canton Network ETF | Blockchain | — | — | 5.85M | May 2026 | TETH vs TCAN | |
| 21Shares 2x Long Sui ETF | Leveraged Cryptocurrency, Blockchain | — | -84.10% | 2.11M | Dec 2025 | TETH vs TXXS | |
| 21Shares FTSE Crypto 10 ex-BTC Index ETF | Cryptocurrency | — | -35.56% | 799.69K | — | TETH vs TXBC | |
| 21Shares Dogecoin ETF | Cryptocurrency | — | — | — | Jan 2026 | TETH vs TDOG |
Often Compared With TETH
Investors most often compare TETH with TXXH, TKNS, BITC. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 21Shares 2x Long HYPE ETF | Leveraged Cryptocurrency | — | — | 4.39M | Apr 2026 | TETH vs TXXH | |
| 21Shares Active Crypto ETF | Cryptocurrency | — | — | 218.98K | — | TETH vs TKNS | |
| Bitwise Bitcoin Strategy Optimum Roll ETF | Cryptocurrency | 3 | 1.83% | 14.63M | Mar 2023 | TETH vs BITC | |
| 21Shares Sui ETF | Cryptocurrency | — | — | 13.57M | Feb 2026 | TETH vs TSUI | |
| Franklin Ethereum ETF | Cryptocurrency | 4 | -36.10% | 37.67M | Jul 2024 | TETH vs EZET | |
| Franklin Crypto Index ETF | Cryptocurrency | 2 | -28.32% | 12.73M | Feb 2025 | TETH vs EZPZ |
Compare TETH with Any Fund or Stock
Compare TETH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TETH with funds that move differently
21Shares Ethereum ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TETH.
Explore TETH Diversifiers