Key stats
About Purpose Ether Yield ETF Trust Units -Non-Currency Hedged-
Home page
Inception date
Nov 19, 2021
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
ISIN
CA74642R2081
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
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
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.B 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.B last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.05 CAD in dividends, which shows a 14.38% increase.
ETHY.B assets under management is 22.82 M CAD. It's risen 11.85% over the last month.
ETHY.B fund flows account for 1.40 M CAD (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.
Yes, ETHY.B pays dividends to its holders with the dividend yield of 11.38%. The last dividend (Sep 3, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
ETHY.B 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.B expense ratio is 1.92% meaning you'd have to pay 1.92% of your investment to help manage the fund.
ETHY.B follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHY.B invests in funds.
ETHY.B price has risen by 11.60% over the last month, and its yearly performance shows a 31.92% increase. See more dynamics on ETHY.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.76% over the last month, showed a 63.67% increase in three-month performance and has increased by 74.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 13.76% over the last month, showed a 63.67% increase in three-month performance and has increased by 74.65% in a year.
ETHY.B trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.