ABCH.DE vs. XRPI

Last updated Apr 2, 2026

Compare and contrast key facts about 21Shares Bitcoin Cash ETP (ABCH.DE) and Volatility Shares XRP ETF (XRPI).

ABCH.DE and XRPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ABCH.DE is an actively managed fund by 21Shares. It was launched on Jul 3, 2019. XRPI is an actively managed fund by Volatility Shares. It was launched on May 22, 2025.

Performance

ABCH.DE vs. XRPI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in 21Shares Bitcoin Cash ETP (ABCH.DE) and Volatility Shares XRP ETF (XRPI). The values are adjusted to include any dividend payments, if applicable.

ABCH.DE vs. XRPI - Yearly Performance Comparison

	2026 (YTD)	2025
ABCH.DE 21Shares Bitcoin Cash ETP	-22.90%	30.68%
XRPI Volatility Shares XRP ETF	-26.27%	-35.11%

Different Trading Currencies

ABCH.DE is traded in EUR, while XRPI is traded in USD. To make them comparable, the XRPI values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ABCH.DE achieves a -22.90% return, which is significantly higher than XRPI's -26.27% return.

ABCH.DE

• 1D: -2.89%
• 1M: 2.89%
• YTD: -22.90%
• 6M: -21.27%
• 1Y: 32.38%
• 3Y*: 47.87%
• 5Y*: -5.41%
• 10Y*: —

XRPI

• 1D: 0.55%
• 1M: -2.74%
• YTD: -26.27%
• 6M: -56.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABCH.DE vs. XRPI - Expense Ratio Comparison

ABCH.DE has a 2.50% expense ratio, which is higher than XRPI's 0.94% expense ratio.

ABCH.DE

21Shares Bitcoin Cash ETP

XRPI

Volatility Shares XRP ETF

Return for Risk

ABCH.DE vs. XRPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABCH.DE

ABCH.DE Risk / Return Rank: 31
ABCH.DE Sharpe Ratio Rank: 26
ABCH.DE Sortino Ratio Rank: 38
ABCH.DE Omega Ratio Rank: 30
ABCH.DE Calmar Ratio Rank: 36
ABCH.DE Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABCH.DE vs. XRPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Bitcoin Cash ETP (ABCH.DE) and Volatility Shares XRP ETF (XRPI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ABCH.DE	XRPI	Difference
Sharpe ratio Return per unit of total volatility	0.51	—	—
Sortino ratio Return per unit of downside risk	1.17	—	—
Omega ratio Gain probability vs. loss probability	1.14	—	—
Calmar ratio Return relative to maximum drawdown	1.11	—	—
Martin ratio Return relative to average drawdown	2.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ABCH.DE	XRPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	-0.73	+0.67

Correlation

The correlation between ABCH.DE and XRPI is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ABCH.DE vs. XRPI - Dividend Comparison

ABCH.DE has not paid dividends to shareholders, while XRPI's dividend yield for the trailing twelve months is around 2.87%.

	TTM	2025
ABCH.DE 21Shares Bitcoin Cash ETP	0.00%	0.00%
XRPI Volatility Shares XRP ETF	2.87%	1.54%

Drawdowns

ABCH.DE vs. XRPI - Drawdown Comparison

The maximum ABCH.DE drawdown since its inception was -92.87%, which is greater than XRPI's maximum drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for ABCH.DE and XRPI.

Drawdown Indicators

	ABCH.DE	XRPI	Difference
Max Drawdown Largest peak-to-trough decline	-92.87%	-69.91%	-22.96%
Max Drawdown (1Y) Largest decline over 1 year	-31.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-92.87%	—	—
Current Drawdown Current decline from peak	-71.03%	-66.12%	-4.91%
Average Drawdown Average peak-to-trough decline	-72.96%	-34.59%	-38.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.82%	—	—

Volatility

Volatility by Period

	ABCH.DE	XRPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	63.59%	79.93%	-16.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.18%	79.93%	+6.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.83%	79.93%	+5.90%