ETU vs. XRPT

Last updated Jul 14, 2026

ETU (T-Rex 2X Long Ether Daily Target ETF) and XRPT (Volatility Shares 2x XRP ETF) are both exchange-traded funds - ETU is a Leveraged Cryptocurrency fund actively managed by REX Shares, while XRPT is a Cryptocurrency fund actively managed by Volatility Shares. Both are actively managed. Over the past year, ETU returned -81.48% vs -94.06% for XRPT. Their correlation of 0.85 suggests significant overlap in exposure. ETU charges 0.95%/yr vs 0.94%/yr for XRPT.

Performance

ETU vs. XRPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Ether Daily Target ETF (ETU) and Volatility Shares 2x XRP ETF (XRPT). 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 ETU having a -73.80% return and XRPT slightly lower at -76.94%.

ETU

• 1D: -1.95%
• 1M: 9.57%
• 6M: -75.88%
• YTD: -73.80%
• 1Y: -81.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPT

• 1D: -6.83%
• 1M: -14.47%
• 6M: -81.33%
• YTD: -76.94%
• 1Y: -94.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETU vs. XRPT - Yearly Performance Comparison

	2026 (YTD)	2025
ETU T-Rex 2X Long Ether Daily Target ETF	-73.80%	-5.87%
XRPT Volatility Shares 2x XRP ETF	-76.94%	-67.94%

Correlation

The correlation between ETU and XRPT is 0.86, 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	0.86
Correlation (All Time) Calculated using the full available price history since May 22, 2025	0.85

The correlation between ETU and XRPT has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

Return for Risk

ETU vs. XRPT — Risk / Return Rank

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

ETU

ETU Risk / Return Rank: 4
ETU Sharpe Ratio Rank: 4
ETU Sortino Ratio Rank: 4
ETU Omega Ratio Rank: 4
ETU Calmar Ratio Rank: 2
ETU Martin Ratio Rank: 3

XRPT

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

ETU vs. XRPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Ether Daily Target ETF (ETU) and Volatility Shares 2x XRP ETF (XRPT). 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.

	ETU	XRPT	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	-0.65	+0.05
Sortino ratio: Return per unit of downside risk	-0.79	-1.74	+0.95
Omega ratio: Gain probability vs. loss probability	0.91	0.81	+0.10
Calmar ratio: Return relative to maximum drawdown	-0.87	-0.98	+0.11
Martin ratio: Return relative to average drawdown	-1.19	-1.23	+0.04

ETU vs. XRPT - Sharpe Ratio Comparison

The current ETU Sharpe Ratio is -0.60, which is comparable to the XRPT Sharpe Ratio of -0.65. The chart below compares the historical Sharpe Ratios of ETU and XRPT, 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

ETU vs. XRPT - Drawdown Comparison

The maximum ETU drawdown since its inception was -95.01%, roughly equal to the maximum XRPT drawdown of -96.33%. Use the drawdown chart below to compare losses from any high point for ETU and XRPT.

Drawdown Indicators

	ETU	XRPT	Difference
Max Drawdown Largest peak-to-trough decline	-95.01%	-96.33%	+1.32%
Max Drawdown (1Y) Largest decline over 1 year	-93.91%	-96.33%	+2.42%
Current Drawdown Current decline from peak	-93.62%	-96.11%	+2.49%
Average Drawdown Average peak-to-trough decline	-64.18%	-65.77%	+1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	68.58%	76.53%	-7.95%

Volatility

ETU vs. XRPT - Volatility Comparison

The current volatility for T-Rex 2X Long Ether Daily Target ETF (ETU) is 31.67%, while Volatility Shares 2x XRP ETF (XRPT) has a volatility of 35.57%. This indicates that ETU experiences smaller price fluctuations and is considered to be less risky than XRPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETU	XRPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.67%	35.57%	-3.90%
Volatility (6M) Calculated over the trailing 6-month period	95.15%	103.15%	-8.00%
Volatility (1Y) Calculated over the trailing 1-year period	136.22%	146.08%	-9.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.00%	147.78%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.00%	147.78%	-2.78%

ETU vs. XRPT - Expense Ratio Comparison

ETU has a 0.95% expense ratio, which is higher than XRPT's 0.94% expense ratio.

Dividends

ETU vs. XRPT - Dividend Comparison

ETU's dividend yield for the trailing twelve months is around 0.01%, less than XRPT's 6.89% yield.

Position	TTM	2025	2024
ETU T-Rex 2X Long Ether Daily Target ETF	0.01%	0.00%	0.05%
XRPT Volatility Shares 2x XRP ETF	6.89%	1.23%	0.00%

Frequently Asked Questions

Can I hold both ETU and XRPT in my portfolio?

ETU and XRPT 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, ETU or XRPT?

XRPT has higher volatility (35.57%) compared to ETU (31.67%). In terms of maximum drawdown, ETU dropped -95.01% vs XRPT's -96.33%.

Which ETF is better, ETU or XRPT?

On 1-year performance, ETU leads with -81.48% vs -94.06% for XRPT. On fees, XRPT is cheaper at 0.94% per year. On volatility, ETU has been the lower-risk option at 31.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETU or XRPT?

Over the 1-year period, ETU has performed better with a -81.48% return vs -94.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETU or XRPT?

XRPT is cheaper with a 0.94% expense ratio, compared with 0.95% for ETU.

Which ETF pays a higher dividend yield, ETU or XRPT?

XRPT has the higher dividend yield at 6.89%, compared with 0.01% for ETU.

What is the main difference between ETU and XRPT?

ETU is categorized as Leveraged Cryptocurrency, while XRPT is Cryptocurrency. They also come from different issuers: REX Shares and Volatility Shares. Their fees differ too: 0.95% for ETU and 0.94% for XRPT.

Which has better risk-adjusted returns?

ETU currently has the higher Sharpe Ratio (-0.60 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.