The choice between the iShares Ethereum Trust ETF (ETHA +2.58%) and the Hashdex Nasdaq Crypto Index US ETF (NCIQ +1.11%) hinges on whether an investor seeks pure exposure to one digital asset or a diversified crypto index. The iShares fund provides a targeted bet on the Ethereum (ETH +0.04%) ecosystem, while the Hashdex fund tracks a market-cap-weighted index of Bitcoin (BTC 0.16%) and other prominent digital assets.
Snapshot (cost & size)
| Metric | NCIQ | ETHA |
|---|---|---|
| Issuer | Hashdex | iShares |
| Share price | $15.72 (as of 2026-07-09) | $13.19 (as of 2026-07-09) |
| Expense ratio | 0.25% | 0.25% |
| 1-yr return (as of 2026-07-09) | (45.10%) | (37.10%) |
| Dividend yield | n/a | n/a |
| Beta | 1.38 | 0.99 |
| AUM | $206.2 million | $4.9 billion |
Beta measures price volatility relative to the S&P 500; beta is calculated from…
