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Purpose XRP ETF CAD Currency Hedged Units (XRPP.TO...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
Jun 16, 2025
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Cryptocurrency
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Purpose XRP ETF CAD Currency Hedged Units, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Different Benchmark Currency

XRPP.TO is traded in CAD, while the ^GSPC benchmark is in USD. To make them comparable, the benchmark values have been converted to CAD using the latest available exchange rates.

Returns By Period


Purpose XRP ETF CAD Currency Hedged Units

1D
2.04%
1M
-0.50%
YTD
-27.13%
6M
-53.64%
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.80%
1M
-3.22%
YTD
-3.34%
6M
-2.48%
1Y
12.46%
3Y*
17.80%
5Y*
12.48%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jun 18, 2025, XRPP.TO's average daily return is -0.12%, while the average monthly return is -3.78%.

Historically, 30% of months were positive and 70% were negative. The best month was Jul 2025 with a return of +31.2%, while the worst month was Feb 2026 at -22.8%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 6 months.

On a daily basis, XRPP.TO closed higher 41% of trading days. The best single day was Feb 6, 2026 with a return of +20.4%, while the worst single day was Feb 5, 2026 at -22.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-5.11%-22.82%-0.50%-27.13%
20257.87%31.18%-8.24%1.73%-11.46%-14.16%-16.29%-15.95%

Benchmark Metrics

Purpose XRP ETF CAD Currency Hedged Units has an annualized alpha of -39.76%, beta of 2.54, and R² of 0.14 versus S&P 500 Index. Calculated based on daily prices since June 19, 2025.

  • This ETF participated in 577.56% of S&P 500 Index downside but only 204.06% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.14 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-39.76%
Beta
2.54
0.14
Upside Capture
204.06%
Downside Capture
577.56%

Expense Ratio

XRPP.TO has a high expense ratio of 1.00%, indicating above-average management fees.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Purpose XRP ETF CAD Currency Hedged Units (XRPP.TO) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History


Purpose XRP ETF CAD Currency Hedged Units doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Purpose XRP ETF CAD Currency Hedged Units. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Purpose XRP ETF CAD Currency Hedged Units was 66.98%, occurring on Feb 5, 2026. The portfolio has not yet recovered.

The current Purpose XRP ETF CAD Currency Hedged Units drawdown is 62.96%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-66.98%Jul 22, 2025137Feb 5, 2026
-5.54%Jun 20, 20252Jun 23, 20251Jun 24, 20253
-4.89%Jun 26, 20252Jun 27, 20251Jun 30, 20253
-4.45%Jul 2, 20253Jul 4, 20253Jul 9, 20256
-1.66%Jul 15, 20251Jul 15, 20251Jul 16, 20252

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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