(ZETH) ETHetc - ETC Physical - Ratings and Ratios

Exchange: XETRA • Country: Germany • Currency: EUR • Type: Etf • ISIN: DE000A3GMKD7

ETP, Ethereum, EUR, XETRA

Dividends

Currently no dividends paid
Risk via 10d forecast
Volatility 79.0%
Value at Risk 5%th 120%
Relative Tail Risk -7.81%
Reward TTM
Sharpe Ratio -0.27
Alpha -44.92
CAGR/Max DD 0.44
Character TTM
Hurst Exponent 0.648
Beta 0.948
Beta Downside 0.911
Drawdowns 3y
Max DD 64.91%
Mean DD 19.64%
Median DD 14.99%

Description: ZETH ETHetc - ETC Physical November 14, 2025

ETC Group’s “Physical Ethereum EUR” (ticker ZETH) is a Germany-domiciled exchange-traded fund listed on XETRA that provides investors with direct exposure to the price performance of Ether (ETH) denominated in euros. The product is classified under the “Digital Assets” ETF category and trades like a traditional equity, offering a regulated avenue for institutional and retail participants to hold ETH without managing a private wallet.

Key metrics that typically influence ZETH’s attractiveness include: (1) the fund’s assets under management (AUM), which as of the latest public filing sits around €120 million-a figure that reflects growing institutional confidence but remains modest relative to larger crypto-linked products; (2) the daily trading volume on XETRA, averaging roughly €5–7 million, indicating decent liquidity but also susceptibility to price impact in larger orders; and (3) the correlation coefficient between ZETH’s price and spot ETH, which historically exceeds 0.98, confirming that the ETF tracks its underlying asset with minimal tracking error. Primary economic drivers are Ethereum network activity (e.g., transaction count, gas fees) and broader regulatory sentiment in the EU, both of which can cause short-term price swings independent of macro-economic trends.

If you want a data-rich, side-by-side comparison of ZETH against other crypto-linked ETFs and traditional assets, a quick look at ValueRay’s analytical dashboards can help you spot relative valuation gaps and risk-adjusted performance metrics.

What is the price of ZETH shares?

As of December 14, 2025, the stock is trading at EUR 24.32 with a total of 26,404 shares traded.
Over the past week, the price has changed by -0.05%, over one month by -11.26%, over three months by -32.84% and over the past year by -31.40%.

Is ZETH a buy, sell or hold?

ETHetc - ETC Physical has no consensus analysts rating.

What are the forecasts/targets for the ZETH price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 22.5 -7.6%

ZETH Fundamental Data Overview December 12, 2025

Market Cap USD = 150.6m (128.7m EUR * 1.1701 EUR.USD)
Market Cap EUR = 128.7m (128.7m EUR * 1.0 EUR.EUR)
Beta = None
Revenue TTM = 0.0 EUR
EBIT TTM = 0.0 EUR
EBITDA TTM = 0.0 EUR
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 128.7m EUR (128.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 128.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 128.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 25.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.51% (E(128.7m)/V(128.7m) * Re(9.51%) + (debt-free company))
Discount Rate = 9.51% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for ZETH ETF

Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle