ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) Performance
BETH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −12.4% since Dec 31, 2025
- 1 year
- −31.5% total return
- 3 years
- +23.5% a year
- Since first price
- +26.6% a year since 2023
BETH trailing returns vs SPY, QQQ, AGG
| Period | BETH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.5% | −5.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +24.0% | +23.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +1.9% | +1.2% | +7.8% | +8.4% | −1.5% |
| YTD | −12.4% | −13.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −31.5% | −41.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.5%+23.5%/yr | −1.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionOct 2, 2023 | +106.0%+26.6%/yr | +8.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BETH vs SPY
From Oct 2, 2023: BETH grew to $20,595, SPY to $18,441.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BETH returns by calendar year
1 of 2 full years positive. Best 2024 (+85.3%), worst 2025 (−11.1%). 2026 is year to date.
BETH annual returns table
| Year | BETH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −12.4% | −43.3% | +12.3% | +15.1% | −1.0% |
| 2025 | −11.1% | −34.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +85.3% | −33.9% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BETH largest drawdowns
Now 40.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 6, 2025 | −57.1% | Jun 30, 2026 | not yet | 9 months | 1.0 years so far |
| Dec 17, 2024 | −35.9% | Apr 8, 2025 | Jul 11, 2025 | 4 months | 7 months |
| Mar 13, 2024 | −33.9% | Sep 6, 2024 | Nov 11, 2024 | 6 months | 8 months |
| Jan 11, 2024 | −15.6% | Jan 23, 2024 | Feb 9, 2024 | 12 days | 29 days |
| Aug 13, 2025 | −12.8% | Sep 25, 2025 | Oct 6, 2025 | 43 days | 54 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BETH risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +22.5% |
| Volatility (annualized) | 53.3% |
| Sharpe ratio | 0.55 |
| Sortino ratio | 0.97 |
| Best month | +45.8% |
| Worst month | −23.0% |
| Best 12 months | +117.5% |
| Worst 12 months | −48.9% |
| Positive months | 57% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BETH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | −48.9% | −6.4% | +117.5% | 48% |
| 3-year (a year) | 1 | +20.0% | +20.0% | +20.0% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
BETH performance overview
ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) returned −31.5% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +26.6% a year, turning $10,000 into about $20,595. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −57.1%, from Oct 6, 2025 to Jun 30, 2026; the fund has not yet regained that high. Volatility has been 53.3% a year.
Related: BETH chart, BETH dividends. See the BETH overview for the latest quote and fund facts.
BETH performance FAQ
What is the BETH return over the past year?
BETH returned −31.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 41.1%.
How much would $10,000 invested in BETH be worth?
$10,000 invested in BETH at its first recorded close on October 2, 2023 would be worth about $20,595 on October 23, 2026 with distributions reinvested.
What was the worst year for BETH?
The worst calendar year was 2025, with a total return of −11.1%. The best was 2024 at +85.3%.
What is the biggest drawdown of BETH?
The largest peak-to-trough decline was −57.1% between October 6, 2025 and June 30, 2026. It has not yet recovered to that high; it is 40.8% below its peak.
How volatile is BETH?
Over the past history BETH had an annualized volatility of 53.3% and a Sharpe ratio of 0.55 (excess return over 1–3 month T-bills per unit of risk).