Why does ETHD pay such large distributions?

Because it must, not because it aims to. ETHD is a -2x daily inverse ether fund; when its futures positions realize gains (ether declining) or its collateral earns interest, RIC tax rules require distributing substantially all of it. Big distribution = ether fell hard recently, nothing more.

Is ETHD a good income investment?

No — it isn't an income investment at all. It's a leveraged inverse trading tool designed for short-term positioning against ether, with daily-reset compounding that erodes value in choppy markets. Its distributions are irregular tax events; treating them as yield is the mistake this page exists to prevent.

What happens to ETHD when ether rises?

The fund loses at roughly twice ether's daily gain, and distributions dry up because there are no realized gains to pay out. A sustained ether rally is the worst case on both the price and the payout.

How often does ETHD pay?

ProShares runs a monthly distribution schedule, but amounts vary enormously — from zero-adjacent to spectacular — because they depend on realized gains from ether's recent path.

ETHD Dividend History & Distributions Explained

Q: When is ETHD's next ex-dividend date?

ETHD pays monthly, so the next ex-dividend date typically falls about a month after the previous one. Exact dates are announced by the fund shortly before each payout. This page computes the expected window from ETHD's live payment data and shows the most recent ex-dividend dates and amounts. You must own shares before the ex-dividend date to receive that payout.

← All dividend history charts

ETHD Distribution — Quick Facts

First, the headline: ETHD is not an income fund. It seeks -2x the daily performance of ether — a leveraged inverse trading vehicle.
So why the distributions? As a regulated investment company it must pay out substantially all income and realized gains — from its ether-futures positions and collateral interest — and ProShares runs that on a monthly schedule.
First paid: July 2024 — every payment since is charted below.
Fee: 0.99% expense ratio (issuer fund page).
What that means: the payouts are irregular tax events, not a yield — chasing them misunderstands the fund.

People find this page because ETHD's occasional distributions look spectacular in screeners. They're mechanical: when a -2x ether fund's futures positions realize gains (ether fell) or its T-bill collateral earns interest, tax law requires paying it out. The size tells you about ether's recent path, not about any income strategy.

Every Distribution Payment, Over Time

ETHD distributes on a monthly schedule when there is income or realized gain to pay. Each point below is one distribution since July 2024.

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ETHD Payment Schedule & Next Ex-Dividend Date

Recent Ex-Dividend Dates	Distribution / Share

"Next expected" is estimated from ETHD's recent payment rhythm — the fund announces exact dates shortly before each payout, and the data feed can lag a few days. You must own shares before the ex-dividend date to receive that payout; the cash typically arrives days later. See every fund's upcoming date on the live dividend calendar.

When a Distribution Isn't a Dividend

Every fund structured as a regulated investment company — income fund or not — must distribute its taxable income and realized gains. A daily -2x fund on a volatile asset realizes enormous gains in its winning stretches, so ETHD occasionally pays out sums that make yield screeners gasp. It's bookkeeping, not strategy: the same mechanics in reverse are why it pays little after ether rallies.

If what you actually want is crypto-linked income, the funds built for that purpose are YBIT, YETH, and LFGY — option-premium machines with deliberate payout policies. Compare any of them on the compare tool.

Year-by-Year Table

Year	Total Distributions / Share	Payments	Change vs Prior Year

Data source: Yahoo Finance. Figures are per share; the current year may be partial and figures should be verified against official sources. Note: after a share split, this data source restates all historical per-share payouts in today's share terms — the split disclosure above the chart applies.

When Is ETHD's Next Ex-Dividend Date?

ETHD pays monthly. The exact date of each payout is announced by the fund only shortly beforehand, so no site can promise the next date — but the live schedule box above shows the most recent ex-dividend date and the expected window for the next one, computed from ETHD's actual payment rhythm. Remember: you must own shares before the ex-dividend date to receive that payout.

ETHD's Record So Far

ETHD — the ProShares UltraShort Ether ETF — launched in June 2024 and has distributed on a monthly schedule since July 2024. The chart above shows every payment, restated through a share split.

The Screener Trap

Yield screeners divide recent distributions by share price and rank the results — and a leveraged inverse fund that just had a winning streak rockets to the top, looking like a triple-digit payer. The number is real; the implication is false. There is no premium being harvested and no payout policy — only tax law meeting volatility. This is the single most important thing to know before ETHD appears in any income portfolio.

Reading the Chart Honestly

Read ETHD's payment history as a weather report on ether: clusters of big distributions mark ether's bad seasons; droughts mark its rallies. For deliberate crypto income, the option-premium funds are the comparison — and for any leveraged daily fund, total return over your actual holding period is the only number that matters.

Compare It Against Anything

Same chart, two tickers, one honest overlay — payouts and price erosion side by side.

Compare Any Two Funds

Educational content only — not financial advice. Payout history is provided by a third-party data source and may contain errors, omissions, or delays; verify against official sources before relying on it. Past distributions do not guarantee future payments. This is not a recommendation to buy or sell any security.