Purpose Ether Yield ETF Trust Units -Non-Currency Hedged-Purpose Ether Yield ETF Trust Units -Non-Currency Hedged-Purpose Ether Yield ETF Trust Units -Non-Currency Hedged-

Purpose Ether Yield ETF Trust Units -Non-Currency Hedged-

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪5.07 M‬USD
Fund flows (1Y)
‪2.27 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
2.1%
Shares outstanding
‪1.23 M‬
Expense ratio
1.92%

About Purpose Ether Yield ETF Trust Units -Non-Currency Hedged-


Issuer
Purpose Unlimited
Brand
Purpose
Inception date
Nov 19, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
ISIN
CA74642R3071
The fund provides an alternative approach to holding long exposure to Ether. The fund buys an ETF that holds Ether, primarily Purpose Ether ETF, and actively writes covered call and/or put options against 10-50% of the portfolio. Option contracts may be exchange-trading or over-the-counter. The contracts sold are either at-the-money or out-of-the-money and expected to have 1-3 months to expiration. The amount of the portfolio written against, the type of option writing, and terms are based on the managers assessment of the market and option premiums available. The investment objective of the fund is total return, yield and long-term capital appreciation. The use of options is not to lower volatility. In addition to the investment risks, investors should consider the tax consequences of such as strategy, as transactions may result in reporting ordinary income rather than capital gains. The fund may use other derivatives if a particular share class is hedging currency risk.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ether, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of July 31, 2025
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF100.37%
Cash0.39%
Rights & Warrants−0.76%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


ETHY.U top holdings are Purpose Ether ETF Trust Units -Non-Currency Hedged- and Purpose Core Ether ETF, occupying 81.09% and 19.28% of the portfolio correspondingly.
ETHY.U assets under management is ‪5.07 M‬ USD. It's risen 34.84% over the last month.
ETHY.U fund flows account for ‪3.13 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ETHY.U doesn't pay dividends to its holders.
ETHY.U shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Nov 19, 2021, and its management style is Active.
ETHY.U expense ratio is 1.92% meaning you'd have to pay 1.92% of your investment to help manage the fund.
ETHY.U follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHY.U invests in funds.
ETHY.U price has risen by 14.61% over the last month, and its yearly performance shows a 30.72% increase. See more dynamics on ETHY.U price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 14.59% over the last month, showed a 65.86% increase in three-month performance and has increased by 89.35% in a year.
ETHY.U trades at a premium (2.12%) meaning the ETF is trading at a higher price than the calculated NAV.