GXRP vs. BTCC
GXRP (Grayscale XRP Trust ETF) and BTCC (Grayscale Bitcoin Covered Call ETF) are both Cryptocurrency funds from Grayscale. GXRP is passively managed, while BTCC is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. GXRP charges 0.35%/yr vs 0.66%/yr for BTCC.
Performance
GXRP vs. BTCC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GXRP achieves a -35.87% return, which is significantly lower than BTCC's -22.92% return.
GXRP
- 1D
- -2.33%
- 1M
- -17.12%
- YTD
- -35.87%
- 6M
- -44.38%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTCC
- 1D
- -2.66%
- 1M
- -18.64%
- YTD
- -22.92%
- 6M
- -24.96%
- 1Y
- -35.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXRP vs. BTCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXRP Grayscale XRP Trust ETF | -35.87% | -18.76% |
BTCC Grayscale Bitcoin Covered Call ETF | -22.92% | 1.87% |
Correlation
The correlation between GXRP and BTCC is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025 | 0.84 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GXRP vs. BTCC — Risk / Return Rank
GXRP
BTCC
GXRP vs. BTCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale XRP Trust ETF (GXRP) and Grayscale Bitcoin Covered Call ETF (BTCC). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| GXRP | BTCC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -1.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.00 | -0.77 | -0.23 |
Drawdowns
GXRP vs. BTCC - Drawdown Comparison
The maximum GXRP drawdown since its inception was -49.34%, which is greater than BTCC's maximum drawdown of -44.40%. Use the drawdown chart below to compare losses from any high point for GXRP and BTCC.
Loading charts...
Drawdown Indicators
| GXRP | BTCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.34% | -44.40% | -4.94% |
Max Drawdown (1Y)Largest decline over 1 year | — | -44.40% | — |
Current DrawdownCurrent decline from peak | -49.34% | -41.04% | -8.30% |
Average DrawdownAverage peak-to-trough decline | -30.29% | -15.66% | -14.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 23.02% | — |
Volatility
GXRP vs. BTCC - Volatility Comparison
Loading charts...
Volatility by Period
| GXRP | BTCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 27.38% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.66% | 32.99% | +38.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.66% | 31.72% | +39.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.66% | 31.72% | +39.94% |
GXRP vs. BTCC - Expense Ratio Comparison
GXRP has a 0.35% expense ratio, which is lower than BTCC's 0.66% expense ratio.
Dividends
GXRP vs. BTCC - Dividend Comparison
GXRP has not paid dividends to shareholders, while BTCC's dividend yield for the trailing twelve months is around 107.90%.
| Position | TTM | 2025 |
|---|---|---|
BTCC Grayscale Bitcoin Covered Call ETF | 107.90% | 63.86% |
GXRP Grayscale XRP Trust ETF | 0.00% | 0.00% |
Frequently Asked Questions
GXRP and BTCC have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXRP is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXRP is cheaper with a 0.35% expense ratio, compared with 0.66% for BTCC.
BTCC has the higher dividend yield at 107.90%, compared with 0.00% for GXRP.
Their fees differ too: 0.35% for GXRP and 0.66% for BTCC.
Find the right allocation for GXRP and BTCC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer