ETHT vs. XXRP

Last updated Aug 2, 2026

ETHT (ProShares Ultra Ether ETF) and XXRP (Teucrium 2x Long Daily XRP ETF) are both exchange-traded funds - ETHT is a Cryptocurrency fund tracking the Bloomberg Ethereum Index, while XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium. ETHT is passively managed, while XXRP is actively managed. Over the past year, ETHT returned -85.62% vs -94.80% for XXRP. Their correlation of 0.84 means they have usually moved in the same direction. ETHT charges 0.94%/yr vs 1.89%/yr for XXRP.

Performance

ETHT vs. XXRP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Ether ETF (ETHT) and Teucrium 2x Long Daily XRP ETF (XXRP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETHT achieves a -73.01% return, which is significantly higher than XXRP's -78.34% return.

ETHT

• 1D: -6.05%
• 1M: 16.78%
• 6M: -64.86%
• YTD: -73.01%
• 1Y: -85.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -74.84%

XXRP

• 1D: -5.76%
• 1M: -7.29%
• 6M: -74.27%
• YTD: -78.34%
• 1Y: -94.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -85.25%

*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)
ETHT ProShares Ultra Ether ETF	$15.50M	$16.35M	$20.04M
XXRP Teucrium 2x Long Daily XRP ETF	$3.69M	$3.82M	$7.73M

ETHT vs. XXRP - Yearly Performance Comparison

	2026 (YTD)	2025
ETHT ProShares Ultra Ether ETF	-73.01%	118.16%
XXRP Teucrium 2x Long Daily XRP ETF	-78.34%	-62.48%

Correlation

The correlation between ETHT and XXRP is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.84

The correlation between ETHT and XXRP has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.

Return for Risk

ETHT vs. XXRP — Risk / Return Rank

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

ETHT

ETHT Risk / Return Rank: 3
ETHT Sharpe Ratio Rank: 4
ETHT Sortino Ratio Rank: 3
ETHT Omega Ratio Rank: 3
ETHT Calmar Ratio Rank: 1
ETHT Martin Ratio Rank: 3

XXRP

XXRP Risk / Return Rank: 2
XXRP Sharpe Ratio Rank: 4
XXRP Sortino Ratio Rank: 1
XXRP Omega Ratio Rank: 1
XXRP Calmar Ratio Rank: 0
XXRP 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.

ETHT vs. XXRP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Ether ETF (ETHT) and Teucrium 2x Long Daily XRP ETF (XXRP). 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.

	ETHT	XXRP	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	-0.66	+0.01
Sortino ratio: Return per unit of downside risk	-1.20	-1.96	+0.76
Omega ratio: Gain probability vs. loss probability	0.87	0.79	+0.08
Calmar ratio: Return relative to maximum drawdown	-0.93	-0.99	+0.06
Martin ratio: Return relative to average drawdown	-1.21	-1.23	+0.03

ETHT vs. XXRP - Sharpe Ratio Comparison

The current ETHT Sharpe Ratio is -0.65, which is comparable to the XXRP Sharpe Ratio of -0.66. The chart below compares the historical Sharpe Ratios of ETHT and XXRP, 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

ETHT vs. XXRP - Drawdown Comparison

The maximum ETHT drawdown since its inception was -96.25%, roughly equal to the maximum XXRP drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for ETHT and XXRP.

Drawdown Indicators

	ETHT	XXRP	Difference
Max Drawdown Largest peak-to-trough decline	-96.25%	-96.66%	+0.41%
Max Drawdown (1Y) Largest decline over 1 year	-94.27%	-95.81%	+1.54%
Current Drawdown Current decline from peak	-94.83%	-96.57%	+1.74%
Average Drawdown Average peak-to-trough decline	-69.06%	-63.91%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	72.31%	76.81%	-4.50%

Volatility

ETHT vs. XXRP - Volatility Comparison

ProShares Ultra Ether ETF (ETHT) and Teucrium 2x Long Daily XRP ETF (XXRP) have volatilities of 25.98% and 24.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETHT	XXRP	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.98%	24.76%	+1.22%
Volatility (6M) Calculated over the trailing 6-month period	92.64%	102.06%	-9.42%
Volatility (1Y) Calculated over the trailing 1-year period	134.08%	143.25%	-9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	141.09%	143.16%	-2.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	141.09%	143.16%	-2.07%

ETHT vs. XXRP - Expense Ratio Comparison

ETHT has a 0.94% expense ratio, which is lower than XXRP's 1.89% expense ratio.

Dividends

ETHT vs. XXRP - Dividend Comparison

ETHT's dividend yield for the trailing twelve months is around 17.73%, less than XXRP's 30.15% yield.

Position	TTM	2025	2024
ETHT ProShares Ultra Ether ETF	17.73%	4.57%	0.02%
XXRP Teucrium 2x Long Daily XRP ETF	30.15%	6.40%	0.00%

Frequently Asked Questions

Can I hold both ETHT and XXRP in my portfolio?

ETHT and XXRP have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETHT or XXRP?

ETHT has higher volatility (25.98%) compared to XXRP (24.76%). In terms of maximum drawdown, ETHT dropped -96.25% vs XXRP's -96.66%.

Which ETF is better, ETHT or XXRP?

On 1-year performance, ETHT leads with -85.62% vs -94.80% for XXRP. On fees, ETHT is cheaper at 0.94% per year. On volatility, XXRP has been the lower-risk option at 24.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETHT or XXRP?

Over the 1-year period, ETHT has performed better with a -85.62% return vs -94.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETHT or XXRP?

ETHT is cheaper with a 0.94% expense ratio, compared with 1.89% for XXRP.

Which ETF pays a higher dividend yield, ETHT or XXRP?

XXRP has the higher dividend yield at 30.15%, compared with 17.73% for ETHT.

What is the main difference between ETHT and XXRP?

ETHT is categorized as Cryptocurrency, while XXRP is Leveraged Cryptocurrency. They also come from different issuers: ProShares and Teucrium. Their fees differ too: 0.94% for ETHT and 1.89% for XXRP.

Which has better risk-adjusted returns?

ETHT currently has the higher Sharpe Ratio (-0.65 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.