BEGS vs. UXRP

Last updated Jun 23, 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. A 0.76 correlation means they provide meaningful diversification when combined. 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 -36.95% return, which is significantly higher than UXRP's -73.83% return.

BEGS

• 1D: 1.30%
• 1M: -23.48%
• YTD: -36.95%
• 6M: -38.54%
• 1Y: -22.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXRP

• 1D: -1.74%
• 1M: -31.36%
• YTD: -73.83%
• 6M: -75.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEGS vs. UXRP - Yearly Performance Comparison

	2026 (YTD)	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	-36.95%	4.72%
UXRP ProShares Ultra XRP ETF	-73.83%	-77.43%

Correlation

The correlation between BEGS and UXRP is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.76

Return for Risk

BEGS vs. UXRP — Risk / Return Rank

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

BEGS

BEGS Risk / Return Rank: 6
BEGS Sharpe Ratio Rank: 6
BEGS Sortino Ratio Rank: 7
BEGS Omega Ratio Rank: 7
BEGS Calmar Ratio Rank: 5
BEGS Martin Ratio Rank: 5

UXRP

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

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.

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	-0.35	—	—
Sortino ratio: Return per unit of downside risk	-0.08	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.41	—	—
Martin ratio: Return relative to average drawdown	-0.87	—	—

Drawdowns

BEGS vs. UXRP - Drawdown Comparison

The maximum BEGS drawdown since its inception was -56.16%, smaller than the maximum UXRP drawdown of -96.02%. 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	-56.16%	-96.02%	+39.86%
Max Drawdown (1Y) Largest decline over 1 year	-56.16%	—	—
Current Drawdown Current decline from peak	-53.28%	-95.85%	+42.57%
Average Drawdown Average peak-to-trough decline	-17.84%	-72.44%	+54.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.15%	—	—

Volatility

Volatility by Period

	BEGS	UXRP	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	56.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	66.19%	148.99%	-82.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.56%	148.99%	-85.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.56%	148.99%	-85.43%

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 76.50%, more than UXRP's 0.02% yield.

Position	TTM	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	76.50%	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 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEGS or UXRP?

On fees, BEGS is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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 76.50%, 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.