BEGS vs. UXRP

Last updated Aug 1, 2026

BEGS (Rareview 2x Bull Cryptocurrency & Precious Metals ETF) and UXRP (ProShares Ultra XRP ETF) are both Leveraged Cryptocurrency funds. BEGS is actively managed, while UXRP is passively managed. Over the past year, BEGS returned -37.63% vs -94.69% for UXRP. Their 0.77 correlation means they have sometimes moved together and sometimes differently. BEGS charges 0.99%/yr vs 1.67%/yr for UXRP.

Performance

BEGS vs. UXRP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS) and ProShares Ultra XRP ETF (UXRP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEGS achieves a -41.25% return, which is significantly higher than UXRP's -77.99% return.

BEGS

• 1D: -4.44%
• 1M: 0.88%
• 6M: -44.88%
• YTD: -41.25%
• 1Y: -37.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -15.83%

UXRP

• 1D: -5.41%
• 1M: -7.09%
• 6M: -74.16%
• YTD: -77.99%
• 1Y: -94.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -94.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	$33.85K	$70.66K	$58.45K
UXRP ProShares Ultra XRP ETF	$852.19K	$746.96K	$1.32M

BEGS vs. UXRP - Yearly Performance Comparison

	2026 (YTD)	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	-41.25%	4.72%
UXRP ProShares Ultra XRP ETF	-77.99%	-77.43%

Correlation

The correlation between BEGS and UXRP is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.77

The correlation between BEGS and UXRP has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.

Return for Risk

BEGS vs. UXRP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BEGS

BEGS Risk / Return Rank: 4
BEGS Sharpe Ratio Rank: 4
BEGS Sortino Ratio Rank: 5
BEGS Omega Ratio Rank: 5
BEGS Calmar Ratio Rank: 4
BEGS Martin Ratio Rank: 3

UXRP

UXRP Risk / Return Rank: 2
UXRP Sharpe Ratio Rank: 4
UXRP Sortino Ratio Rank: 1
UXRP Omega Ratio Rank: 1
UXRP Calmar Ratio Rank: 0
UXRP Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BEGS vs. UXRP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS) and ProShares Ultra XRP ETF (UXRP). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BEGS	UXRP	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	-0.66	+0.09
Sortino ratio: Return per unit of downside risk	-0.52	-1.95	+1.43
Omega ratio: Gain probability vs. loss probability	0.94	0.79	+0.15
Calmar ratio: Return relative to maximum drawdown	-0.65	-0.99	+0.34
Martin ratio: Return relative to average drawdown	-1.21	-1.23	+0.02

BEGS vs. UXRP - Sharpe Ratio Comparison

The current BEGS Sharpe Ratio is -0.58, which is comparable to the UXRP Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of BEGS and UXRP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BEGS vs. UXRP - Drawdown Comparison

The maximum BEGS drawdown since its inception was -60.23%, smaller than the maximum UXRP drawdown of -96.60%. Use the drawdown chart below to compare losses from any high point for BEGS and UXRP.

Drawdown Indicators

	BEGS	UXRP	Difference
Max Drawdown Largest peak-to-trough decline	-60.23%	-96.60%	+36.37%
Max Drawdown (1Y) Largest decline over 1 year	-60.23%	-95.74%	+35.51%
Current Drawdown Current decline from peak	-56.47%	-96.51%	+40.04%
Average Drawdown Average peak-to-trough decline	-20.76%	-74.97%	+54.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.21%	76.79%	-44.58%

Volatility

BEGS vs. UXRP - Volatility Comparison

The current volatility for Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS) is 16.14%, while ProShares Ultra XRP ETF (UXRP) has a volatility of 24.70%. This indicates that BEGS experiences smaller price fluctuations and is considered to be less risky than UXRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BEGS	UXRP	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.14%	24.70%	-8.56%
Volatility (6M) Calculated over the trailing 6-month period	56.59%	101.23%	-44.64%
Volatility (1Y) Calculated over the trailing 1-year period	67.71%	142.99%	-75.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.24%	143.51%	-80.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.24%	143.51%	-80.27%

BEGS vs. UXRP - Expense Ratio Comparison

BEGS has a 0.99% expense ratio, which is lower than UXRP's 1.67% expense ratio.

Dividends

BEGS vs. UXRP - Dividend Comparison

BEGS's dividend yield for the trailing twelve months is around 82.09%, more than UXRP's 0.02% yield.

Position	TTM	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	82.09%	48.23%
UXRP ProShares Ultra XRP ETF	0.02%	0.00%

Frequently Asked Questions

Can I hold both BEGS and UXRP in my portfolio?

BEGS and UXRP have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BEGS or UXRP?

UXRP has higher volatility (24.70%) compared to BEGS (16.14%). In terms of maximum drawdown, BEGS dropped -60.23% vs UXRP's -96.60%.

Which ETF is better, BEGS or UXRP?

On 1-year performance, BEGS leads with -37.63% vs -94.69% for UXRP. On fees, BEGS is cheaper at 0.99% per year. On volatility, BEGS has been the lower-risk option at 16.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BEGS or UXRP?

Over the 1-year period, BEGS has performed better with a -37.63% return vs -94.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BEGS or UXRP?

BEGS is cheaper with a 0.99% expense ratio, compared with 1.67% for UXRP.

Which ETF pays a higher dividend yield, BEGS or UXRP?

BEGS has the higher dividend yield at 82.09%, compared with 0.02% for UXRP.

What is the main difference between BEGS and UXRP?

They also come from different issuers: Rareview and ProShares. Their fees differ too: 0.99% for BEGS and 1.67% for UXRP.

Which has better risk-adjusted returns?

BEGS currently has the higher Sharpe Ratio (-0.58 vs -0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.