BTC-USD vs. XRP

Last updated Jun 19, 2026

BTC-USD (Bitcoin) is a cryptocurrency, while XRP (Bitwise XRP ETF) is Cryptocurrency fund actively managed by Bitwise. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

BTC-USD vs. XRP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitcoin (BTC-USD) and Bitwise XRP ETF (XRP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTC-USD achieves a -28.06% return, which is significantly higher than XRP's -35.62% return.

BTC-USD

• 1D: -2.33%
• 1M: -18.01%
• YTD: -28.06%
• 6M: -26.35%
• 1Y: -40.01%
• 3Y*: 32.86%
• 5Y*: 12.15%
• 10Y*: 56.74%

XRP

• 1D: -3.15%
• 1M: -14.83%
• YTD: -35.62%
• 6M: -37.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTC-USD vs. XRP - Yearly Performance Comparison

	2026 (YTD)	2025
BTC-USD Bitcoin	-28.06%	-4.33%
XRP Bitwise XRP ETF	-35.62%	-15.03%

Correlation

The correlation between BTC-USD and XRP is 0.62, 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 Nov 20, 2025	0.62

Return for Risk

BTC-USD vs. XRP — Risk / Return Rank

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

BTC-USD

BTC-USD Risk / Return Rank: 27
BTC-USD Sharpe Ratio Rank: 12
BTC-USD Sortino Ratio Rank: 30
BTC-USD Omega Ratio Rank: 29
BTC-USD Calmar Ratio Rank: 41
BTC-USD Martin Ratio Rank: 20

XRP

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.

BTC-USD vs. XRP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitcoin (BTC-USD) and Bitwise XRP ETF (XRP). 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.

	BTC-USD	XRP	Difference
Sharpe ratio: Return per unit of total volatility	-0.93	—	—
Sortino ratio: Return per unit of downside risk	-1.31	—	—
Omega ratio: Gain probability vs. loss probability	0.87	—	—
Calmar ratio: Return relative to maximum drawdown	-0.78	—	—
Martin ratio: Return relative to average drawdown	-1.34	—	—

Drawdowns

BTC-USD vs. XRP - Drawdown Comparison

The maximum BTC-USD drawdown since its inception was -85.30%, which is greater than XRP's maximum drawdown of -52.72%. Use the drawdown chart below to compare losses from any high point for BTC-USD and XRP.

Drawdown Indicators

	BTC-USD	XRP	Difference
Max Drawdown Largest peak-to-trough decline	-85.30%	-52.72%	-32.58%
Max Drawdown (1Y) Largest decline over 1 year	-51.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-51.21%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-76.67%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-83.80%	—	—
Current Drawdown Current decline from peak	-49.53%	-49.09%	-0.44%
Average Drawdown Average peak-to-trough decline	-42.41%	-31.00%	-11.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.06%	—	—

Volatility

Volatility by Period

	BTC-USD	XRP	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	35.65%	76.74%	-41.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.48%	76.74%	-32.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.55%	76.74%	-20.19%

Frequently Asked Questions

Can I hold both BTC-USD and XRP in my portfolio?

BTC-USD and XRP have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.