ETHA returns: yearly and since 2024
iShares Ethereum Trust ETF. US-listed funds that hold bitcoin or ether, or bitcoin futures.
Data updated November 2026
ETHA · US exchange · USDCategory: Bitcoin and crypto ETFsData from July 2024
ETHA return since launch
−17.5% a year
July 2024 to November 2026, dividends reinvested
- 1 year
- −35.1%
$10,000 in ETHA from July 2024
$6,449
−36% in total, −17.5% a year on average, with dividends reinvested, in US dollars.
- Deepest fall
−67.9%
Aug 2025 to Jun 2026. Not yet back to the previous high.
- Annual volatility
69.3%
How much returns swing around their average. Worst single month: −33.2%.
- At the last close
53.7% below its high
November 5, 2026.
Returns to November 2026
1 year
Since 2024
a year
Total return to the last close, dividends reinvested. Periods longer than a year are annualised. SPY is SPDR S&P 500 ETF Trust, shown for reference.
What holding ETHA was like
Every stretch of 1, 3, 5 and 10 years since July 2024, starting at each month-end. The bar runs from the worst stretch to the best; the mark is the middle one.
Held 1 year
17 periods
35% of periods ended with a gain
Falls and recoveries
How far ETHA was below its previous high, week by week.
| Fall | From the high of | To the low of | Falling for | Back to the high |
|---|---|---|---|---|
| −67.9% | Aug 2025 | Jun 2026 | 10 months | Not yet |
| −62.8% | Nov 2024 | Apr 2025 | 4 months | Aug 2025, 9 months later |
| −33.2% | Jul 2024 | Sep 2024 | 2 months | Nov 2024, 4 months later |
Year by year
YTD: from 1 January to the last close. 2024 starts at the first price, July 2024.
ETHA against SPY
Correlation of monthly returns
0.41
Over 27 months: they moved together only in part.
In months when SPY rose
2.08×
ETHA rose 2.08 times as much, on average.
In months when SPY fell
5.32×
ETHA fell 5.32 times as much, on average.
Growth of $10,000 from August 2024, the first month both funds have data.
ETHA compared
Questions
What is the average annual return of ETHA?
From July 2024 to November 2026 ETHA returned 17.5% a year on average (CAGR) with dividends reinvested, in USD. Over the last 12 months: −35.1%.
What was the worst drawdown of ETHA?
67.9%, from August 2025 to June 2026; it has not yet returned to the previous high.
How volatile is ETHA?
Annual volatility was 69.3% over the period. Its worst month was −33.2% and 39% of months were positive. Worst calendar year: 2025 (−11.3%).
How closely does ETHA follow SPY?
Over 27 months the correlation of monthly returns was 0.41, so they moved together only in part, with a beta of 2.62.
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Other Bitcoin and crypto ETFs
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. Holding periods, the monthly-investing example and the comparison with other funds use month-end values; drawdowns and volatility use daily closes.
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.