Proshares Ultra Ether ETF (ETHT) Performance
ETHT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −59.5% since Dec 31, 2025
- 1 year
- −79.5% total return
- Since first price
- −91.7% since 2024
ETHT trailing returns vs SPY, QQQ, AGG
| Period | ETHT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −22.4% | −22.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +47.3% | +46.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −15.0% | −15.4% | +7.8% | +8.4% | −1.5% |
| YTD | −59.5% | −59.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −79.5% | −79.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 7, 2024 | −91.7% | −91.9% | — | — | — |
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: ETHT vs SPY
From Jun 7, 2024: ETHT grew to $830, SPY to $14,652.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ETHT returns by calendar year
0 of 1 full years positive. Best 2025 (−64.8%), worst 2025 (−64.8%). 2026 is year to date.
ETHT annual returns table
| Year | ETHT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −59.5% | −84.7% | +12.3% | +15.1% | −1.0% |
| 2025 | −64.8% | −88.1% | +17.7% | +20.8% | +7.2% |
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.
ETHT largest drawdowns
Now 91.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 7, 2024 | −96.0% | Jun 25, 2026 | not yet | 2.0 years | 2.4 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ETHT risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −59.6% |
| Volatility (annualized) | 155.0% |
| Sharpe ratio | 0.07 |
| Sortino ratio | 0.12 |
| Best month | +108.1% |
| Worst month | −59.5% |
| Best 12 months | +42.8% |
| Worst 12 months | −87.4% |
| Positive months | 37% |
| 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.
ETHT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 17 | −87.4% | −68.7% | +42.8% | 18% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
ETHT performance overview
Proshares Ultra Ether ETF (ETHT) returned −79.5% over the past year, with distributions reinvested. Since its first recorded price on Jun 7, 2024 it has returned −91.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −96.0%, from Jun 7, 2024 to Jun 25, 2026; the fund has not yet regained that high. Volatility has been 155.0% a year.
Related: ETHT chart, ETHT dividends. See the ETHT overview for the latest quote and fund facts.
ETHT performance FAQ
What is the ETHT return over the past year?
ETHT returned −79.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 79.7%.
How much would $10,000 invested in ETHT be worth?
$10,000 invested in ETHT at its first recorded close on June 7, 2024 would be worth about $830 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of ETHT?
The largest peak-to-trough decline was −96.0% between June 7, 2024 and June 25, 2026. It has not yet recovered to that high; it is 91.7% below its peak.
How volatile is ETHT?
Over the past history ETHT had an annualized volatility of 155.0% and a Sharpe ratio of 0.07 (excess return over 1–3 month T-bills per unit of risk).