menu-iconbanner-menu-icon-open
Crypto-linked icon

SETH

Short Ether ETF

Investment Objective

ProShares Short Ether ETF seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Bloomberg Ethereum Index.

How to Buy
View all Fund detail sections
Important Considerations

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to -1x the daily performance of its underlying benchmark (the “Daily Target”).

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance.

For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

SETH invests in ether futures and does not invest directly in ether.

Why SETH?

  • The fund provides an opportunity to profit when the daily price of ether declines.

  • SETH can be bought through a traditional brokerage account.

  • Avoid significant costs and fees typically required to short ether.

Bullish on ether? Explore EETH.arrow
Documents & Downloads
Fund Fact Sheet
This links to a pdf file This link opens a new window
Annual Report
This links to a pdf file This link opens a new window
Semi Annual Report
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

30 Day Daily Return

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 11/30/2024
Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
SETH Market Price -34.02% -36.07% -11.52% -52.07% -57.79% -- -- -- -59.52% 11/02/2023
SETH NAV -34.20% -36.26% -11.83% -52.09% -57.84% -- -- -- -59.59% 11/02/2023

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    SETH
  • Intraday Ticker
    SETH.IV
  • CUSIP
    74349Y209
  • Inception Date
    11/2/23
  • Gross Expense Ratio
    1.03%
  • Net Expense Ratio
    0.95%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Monthly
  • Options Available
    Yes
Price
as of 12/20/2024
  • NAV
    $14.96
  • NAV Change
    $-0.30 down caret
  • Market Price
    $14.95
  • Market Price Change
    $-0.30 down caret
  • Trading Volume (M)
    99,385
  • 30-Day Median Bid Ask Spread
    0.27%
  • View Premium / Discount
Snapshot
  • Ticker
    SETH
  • Intraday Ticker
    SETH.IV
  • CUSIP
    74349Y209
  • Inception Date
    11/2/23
  • Expense Ratio
    0.95%
  • Gross Expense Ratio
    1.03%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Monthly
  • Options Available
    Yes
Price
as of 12/20/2024
  • NAV
    $14.96
  • NAV Change
    $-0.30 down caret
  • Market Price
    $14.95
  • Market Price Change
    $-0.30 down caret
  • Trading Volume (M)
    99,385
  • 30-Day Median Bid Ask Spread
    0.27%
  • View Premium / Discount

Expenses with Contractual Waiver through September 30, 2025.

Holdings

as of 12/20/2024

Exposure Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
-- -- NET OTHER ASSETS (LIABILITIES) -- $6,873,379.40 6,873,379 --
-2.16% -- CME MICRO ETHER DIGITAL ASSETS 27/DEC/2024 MERZ4 CURNCY -148,264 -- -430 --
-97.82% -- CME ETHER FUTURE DIGITAL ASSETS 27/DEC/2024 DCRZ4 CURNCY -6,723,600 -- -39 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

About the Index

The Bloomberg Ethereum Index is designed to measure the performance of a single ether traded in USD. The Index is constructed and maintained by Bloomberg Index Services Limited.

Distributions

For

2024
  • 2024
  • 2023
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

For more information on dividend distributions for this fund please see our frequently asked questions.

Get the latest perspectives and updates.

Investing involves risk, including the possible loss of principal. There is no guarantee that ProShares Short Ether ETF (SETH) will achieve its investment objective.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to -1x the daily performance of its underlying benchmark (the “Daily Target”). While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target. The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

This ETF invests in ether futures contracts and does not invest directly in ether. Ether and ether futures are a relatively new asset class and the market for ether is subject to rapid changes and uncertainty. Ether and ether futures are subject to unique and substantial risks, such as rapid price swings and lack of liquidity, including as a result of changes in the supply of and demand for ether and ether futures contracts. Ether is largely unregulated and may be more susceptible to fraud and manipulation than more regulated investments. The value of an investment in the ETF could decline significantly and without warning, including to zero.

The costs associated with rolling (buying and selling) futures and the impact of margin requirements, collateral requirements and other limits may have a negative impact on performance and prevent the Fund from achieving its objective. The price and performance of ether futures should be expected to differ from the current “spot” prices of ether (the prices of ether that can be purchased immediately). These differences could be significant.

This ETF is non-diversified and is subject to risks associated with the use of futures contracts, imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. The Fund should lose money when the daily price of ether futures rises. Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in the ETF’s summary and full prospectuses. Read them carefully before investing. Obtain them from your financial professional or visit ProShares.com.

“Bloomberg®” and the indices referenced herein (the “Indices”, and each such index, an “Index”) are trademarks or service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the Index (collectively, “Bloomberg”) and/or one or more third-party providers (each such provider, a “Third-Party Provider,”) and have been licensed for use for certain purposes to ProShare Advisors LLC (the “Licensee”). To the extent a Third-Party Provider contributes intellectual property in connection with the Index, such third- party products, company names and logos are trademarks or service marks, and remain the property, of such Third-Party Provider. Bloomberg is not affiliated with the Licensee or a Third-Party Provider, and Bloomberg does not approve, endorse, review, or recommend the financial products referenced herein (the “Financial Products”). Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Indices or the Financial Products.THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

Your use of this site signifies that you accept our Terms and Conditions of Use.