TXXD vs. XRPT

Last updated Jul 17, 2026

TXXD (21Shares 2x Long Dogecoin ETF) and XRPT (Volatility Shares 2x XRP ETF) are both exchange-traded funds - TXXD is a Leveraged Cryptocurrency fund actively managed by 21Shares, while XRPT is a Cryptocurrency fund actively managed by Volatility Shares. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. TXXD charges 1.89%/yr vs 0.94%/yr for XRPT.

Performance

TXXD vs. XRPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares 2x Long Dogecoin ETF (TXXD) 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 TXXD having a -74.74% return and XRPT slightly lower at -75.71%.

TXXD

• 1D: -2.10%
• 1M: -31.94%
• 6M: -81.41%
• YTD: -74.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPT

• 1D: -2.10%
• 1M: -21.35%
• 6M: -80.18%
• YTD: -75.71%
• 1Y: -94.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXD vs. XRPT - Yearly Performance Comparison

	2026 (YTD)	2025
TXXD 21Shares 2x Long Dogecoin ETF	-74.74%	-53.35%
XRPT Volatility Shares 2x XRP ETF	-75.71%	-26.68%

Correlation

The correlation between TXXD and XRPT 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 20, 2025	0.87

Return for Risk

TXXD vs. XRPT — Risk / Return Rank

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

TXXD

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

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.

TXXD vs. XRPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares 2x Long Dogecoin ETF (TXXD) 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.

	TXXD	XRPT	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.65	—
Sortino ratio: Return per unit of downside risk	—	-1.83	—
Omega ratio: Gain probability vs. loss probability	—	0.80	—
Calmar ratio: Return relative to maximum drawdown	—	-0.98	—
Martin ratio: Return relative to average drawdown	—	-1.22	—

Drawdowns

TXXD vs. XRPT - Drawdown Comparison

The maximum TXXD drawdown since its inception was -88.61%, smaller than the maximum XRPT drawdown of -96.33%. Use the drawdown chart below to compare losses from any high point for TXXD and XRPT.

Drawdown Indicators

	TXXD	XRPT	Difference
Max Drawdown Largest peak-to-trough decline	-88.61%	-96.33%	+7.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-96.33%	—
Current Drawdown Current decline from peak	-88.22%	-95.90%	+7.68%
Average Drawdown Average peak-to-trough decline	-65.02%	-66.09%	+1.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	77.24%	—

Volatility

Volatility by Period

	TXXD	XRPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	103.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	144.21%	145.95%	-1.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.21%	147.27%	-3.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.21%	147.27%	-3.06%

TXXD vs. XRPT - Expense Ratio Comparison

TXXD has a 1.89% expense ratio, which is higher than XRPT's 0.94% expense ratio.

Dividends

TXXD vs. XRPT - Dividend Comparison

TXXD's dividend yield for the trailing twelve months is around 0.10%, less than XRPT's 6.54% yield.

Position	TTM	2025
TXXD 21Shares 2x Long Dogecoin ETF	0.10%	0.00%
XRPT Volatility Shares 2x XRP ETF	6.54%	1.23%

Frequently Asked Questions

Can I hold both TXXD and XRPT in my portfolio?

TXXD and XRPT 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, TXXD or XRPT?

On fees, XRPT is cheaper at 0.94% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TXXD or XRPT?

XRPT is cheaper with a 0.94% expense ratio, compared with 1.89% for TXXD.

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

XRPT has the higher dividend yield at 6.54%, compared with 0.10% for TXXD.

What is the main difference between TXXD and XRPT?

TXXD is categorized as Leveraged Cryptocurrency, while XRPT is Cryptocurrency. They also come from different issuers: 21Shares and Volatility Shares. Their fees differ too: 1.89% for TXXD and 0.94% for XRPT.