QBF vs. XRPZ

Last updated Jul 16, 2026

QBF (Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly) and XRPZ (Franklin XRP ETF) are both Blockchain funds. QBF is actively managed, while XRPZ is passively managed. Their correlation of 0.87 suggests significant overlap in exposure. QBF charges 0.79%/yr vs 0.19%/yr for XRPZ.

Performance

QBF vs. XRPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) and Franklin XRP ETF (XRPZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QBF achieves a -26.78% return, which is significantly higher than XRPZ's -39.48% return.

QBF

• 1D: 0.42%
• 1M: -5.67%
• 6M: -32.18%
• YTD: -26.78%
• 1Y: -42.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPZ

• 1D: -0.33%
• 1M: -13.12%
• 6M: -48.50%
• YTD: -39.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QBF vs. XRPZ - Yearly Performance Comparison

	2026 (YTD)	2025
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	-26.78%	-3.34%
XRPZ Franklin XRP ETF	-39.48%	-11.90%

Correlation

The correlation between QBF and XRPZ is 0.87, 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 24, 2025	0.87

Return for Risk

QBF vs. XRPZ — Risk / Return Rank

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

QBF

QBF Risk / Return Rank: 1
QBF Sharpe Ratio Rank: 0
QBF Sortino Ratio Rank: 0
QBF Omega Ratio Rank: 0
QBF Calmar Ratio Rank: 2
QBF Martin Ratio Rank: 1

XRPZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

QBF vs. XRPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly (QBF) 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.

	QBF	XRPZ	Difference
Sharpe ratio: Return per unit of total volatility	-1.57	—	—
Sortino ratio: Return per unit of downside risk	-2.45	—	—
Omega ratio: Gain probability vs. loss probability	0.74	—	—
Calmar ratio: Return relative to maximum drawdown	-0.88	—	—
Martin ratio: Return relative to average drawdown	-1.49	—	—

Drawdowns

QBF vs. XRPZ - Drawdown Comparison

The maximum QBF drawdown since its inception was -48.71%, smaller than the maximum XRPZ drawdown of -55.39%. Use the drawdown chart below to compare losses from any high point for QBF and XRPZ.

Drawdown Indicators

	QBF	XRPZ	Difference
Max Drawdown Largest peak-to-trough decline	-48.71%	-55.39%	+6.68%
Max Drawdown (1Y) Largest decline over 1 year	-48.71%	—	—
Current Drawdown Current decline from peak	-45.27%	-52.09%	+6.82%
Average Drawdown Average peak-to-trough decline	-19.03%	-33.79%	+14.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.59%	—	—

Volatility

Volatility by Period

	QBF	XRPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.33%	71.41%	-44.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.02%	71.41%	-42.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.02%	71.41%	-42.39%

QBF vs. XRPZ - Expense Ratio Comparison

QBF has a 0.79% expense ratio, which is higher than XRPZ's 0.19% expense ratio.

Dividends

QBF vs. XRPZ - Dividend Comparison

QBF's dividend yield for the trailing twelve months is around 1.89%, while XRPZ has not paid dividends to shareholders.

Position	TTM	2025
QBF Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly	1.89%	1.38%
XRPZ Franklin XRP ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both QBF and XRPZ in my portfolio?

QBF and XRPZ have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QBF or XRPZ?

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.

Which ETF is cheaper, QBF or XRPZ?

XRPZ is cheaper with a 0.19% expense ratio, compared with 0.79% for QBF.

Which ETF pays a higher dividend yield, QBF or XRPZ?

QBF has the higher dividend yield at 1.89%, compared with 0.00% for XRPZ.

What is the main difference between QBF and XRPZ?

They also come from different issuers: Innovator and Franklin. Their fees differ too: 0.79% for QBF and 0.19% for XRPZ.