Key stats
About EVOLVE LEVERED ETHER UNITS UNHEDGED ETF CAD
Home page
Inception date
Mar 17, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
The fund is a leveraged Ether exposure ETF designed to deliver 1.25x the daily price movement of the US dollar price of Ether (ETH). Instead of directly holding Ether, the fund gains exposure through publicly offered investment funds, primarily investing in the Evolve Ether ETF (ETHR), an affiliated fund managed by the same issuer that holds physical Ether. The strategy centers on cash borrowing to create leverage, maintaining a target leverage of 25% of its net asset value (NAV) and rebalancing within two business days if leverage exceeds 27% of NAV. Unlike traditional leveraged funds, LETH does not use derivatives. The fund does not hedge foreign exchange risk, meaning fluctuations in currency values can impact CAD-denominated units. Due to LTHRs leveraged nature, it is significantly more volatile than spot Ether.
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%
ETF125.70%
Cash−25.70%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LETH assets under management is 1.94 M CAD. It's risen 44.74% over the last month.
LETH fund flows account for 0.00 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.
No, LETH doesn't pay dividends to its holders.
LETH shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Mar 17, 2025, and its management style is Active.
LETH follows the CME CF Ether-Dollar Reference Rate - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LETH invests in funds.
LETH trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.