ETHT vs. XXRP

Last updated Jul 14, 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 (200%), 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 -82.70% vs -94.66% for XXRP. Their correlation of 0.84 suggests significant overlap in exposure. 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

The year-to-date returns for both stocks are quite close, with ETHT having a -75.07% return and XXRP slightly lower at -77.79%.

ETHT

• 1D: -2.20%
• 1M: 8.91%
• 6M: -76.81%
• YTD: -75.07%
• 1Y: -82.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XXRP

• 1D: -7.85%
• 1M: -15.48%
• 6M: -81.91%
• YTD: -77.79%
• 1Y: -94.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHT vs. XXRP - Yearly Performance Comparison

	2026 (YTD)	2025
ETHT ProShares Ultra Ether ETF	-75.07%	118.16%
XXRP Teucrium 2x Long Daily XRP ETF	-77.79%	-62.48%

Correlation

The correlation between ETHT and XXRP is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
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 0.85 - a consistent structural relationship.

Return for Risk

ETHT vs. XXRP — Risk / Return Rank

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

ETHT

ETHT Risk / Return Rank: 3
ETHT Sharpe Ratio Rank: 4
ETHT Sortino Ratio Rank: 4
ETHT Omega Ratio Rank: 4
ETHT Calmar Ratio Rank: 2
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) 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.

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	-0.61	-0.65	+0.04
Sortino ratio: Return per unit of downside risk	-0.85	-1.82	+0.97
Omega ratio: Gain probability vs. loss probability	0.91	0.80	+0.10
Calmar ratio: Return relative to maximum drawdown	-0.88	-0.98	+0.10
Martin ratio: Return relative to average drawdown	-1.20	-1.22	+0.02

ETHT vs. XXRP - Sharpe Ratio Comparison

The current ETHT Sharpe Ratio is -0.61, which is comparable to the XXRP Sharpe Ratio of -0.65. 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%	-96.66%	+2.39%
Current Drawdown Current decline from peak	-95.22%	-96.49%	+1.27%
Average Drawdown Average peak-to-trough decline	-68.38%	-62.47%	-5.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	69.01%	77.49%	-8.48%

Volatility

ETHT vs. XXRP - Volatility Comparison

The current volatility for ProShares Ultra Ether ETF (ETHT) is 31.73%, while Teucrium 2x Long Daily XRP ETF (XXRP) has a volatility of 36.47%. This indicates that ETHT experiences smaller price fluctuations and is considered to be less risky than XXRP based on this measure. 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	31.73%	36.47%	-4.74%
Volatility (6M) Calculated over the trailing 6-month period	95.10%	104.04%	-8.94%
Volatility (1Y) Calculated over the trailing 1-year period	136.16%	146.52%	-10.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.24%	145.45%	-3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	142.24%	145.45%	-3.21%

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 19.20%, less than XXRP's 29.41% yield.

Position	TTM	2025	2024
ETHT ProShares Ultra Ether ETF	19.20%	4.57%	0.02%
XXRP Teucrium 2x Long Daily XRP ETF	29.41%	6.40%	0.00%

Frequently Asked Questions

Can I hold both ETHT and XXRP in my portfolio?

ETHT and XXRP have a correlation of 0.85, 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?

XXRP has higher volatility (36.47%) compared to ETHT (31.73%). 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 -82.70% vs -94.66% for XXRP. On fees, ETHT is cheaper at 0.94% per year. On volatility, ETHT has been the lower-risk option at 31.73%. 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 -82.70% return vs -94.66%. 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 29.41%, compared with 19.20% 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 (-0.61 vs -0.65), 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.