LEGR vs. XRPZ
LEGR (First Trust Indxx Innovative Transaction & Process ETF) and XRPZ (Franklin XRP ETF) are both Blockchain funds - LEGR tracks the Indxx Blockchain Index while XRPZ tracks the CME CF XRP-Dollar Reference Rate - New York Variant. Both are passively managed. Their 0.51 correlation means they have sometimes moved together and sometimes differently. LEGR charges 0.65%/yr vs 0.19%/yr for XRPZ.
Performance
LEGR vs. XRPZ - Performance Comparison
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Returns By Period
In the year-to-date period, LEGR achieves a 12.04% return, which is significantly higher than XRPZ's -41.14% return.
LEGR
- 1D
- 0.90%
- 1M
- 3.09%
- 6M
- 6.52%
- YTD
- 12.04%
- 1Y
- 27.59%
- 3Y*
- 22.26%
- 5Y*
- 11.69%
- 10Y*
- —
- ALL TIME*
- 11.83%
XRPZ
- 1D
- 1.65%
- 1M
- -0.51%
- 6M
- -33.22%
- YTD
- -41.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $160.83K | $125.02K | $170.72K | |
XRPZ Franklin XRP ETF | $2.54M | $2.64M | $3.44M |
LEGR vs. XRPZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 12.04% | 6.66% |
XRPZ Franklin XRP ETF | -41.14% | -11.90% |
Correlation
The correlation between LEGR and XRPZ is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 24, 2025 | 0.51 |
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Return for Risk
LEGR vs. XRPZ — Risk / Return Rank
LEGR
XRPZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LEGR vs. XRPZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Franklin XRP ETF (XRPZ). 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.
| LEGR | XRPZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | — | — |
| Martin ratioReturn relative to average drawdown | 8.73 | — | — |
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Drawdowns
LEGR vs. XRPZ - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, smaller than the maximum XRPZ drawdown of -55.39%. Use the drawdown chart below to compare losses from any high point for LEGR and XRPZ.
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Drawdown Indicators
| LEGR | XRPZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.12% | -55.39% | +19.27% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.45% | — | — |
Current DrawdownCurrent decline from peak | -1.80% | -53.40% | +51.60% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -35.22% | +28.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | — | — |
Volatility
LEGR vs. XRPZ - Volatility Comparison
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Volatility by Period
| LEGR | XRPZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 69.23% | -54.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 69.23% | -52.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.26% | 69.23% | -48.97% |
LEGR vs. XRPZ - Expense Ratio Comparison
LEGR has a 0.65% expense ratio, which is higher than XRPZ's 0.19% expense ratio.
Dividends
LEGR vs. XRPZ - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 1.78%, while XRPZ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 1.78% | 1.84% | 2.40% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% |
XRPZ Franklin XRP ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LEGR and XRPZ have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XRPZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XRPZ is cheaper with a 0.19% expense ratio, compared with 0.65% for LEGR.
LEGR has the higher dividend yield at 1.78%, compared with 0.00% for XRPZ.
LEGR tracks Indxx Blockchain Index, while XRPZ tracks CME CF XRP-Dollar Reference Rate - New York Variant. They also come from different issuers: First Trust and Franklin. Their fees differ too: 0.65% for LEGR and 0.19% for XRPZ.
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