UXRP vs. BTCU

Last updated Jul 14, 2026

UXRP (ProShares Ultra XRP ETF) and BTCU (Direxion Daily Bitcoin Bull 2X ETF) are both Leveraged Cryptocurrency funds. UXRP is passively managed, while BTCU is actively managed. Their correlation of 0.84 suggests significant overlap in exposure.

Performance

UXRP vs. BTCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra XRP ETF (UXRP) and Direxion Daily Bitcoin Bull 2X ETF (BTCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UXRP

• 1D: -7.94%
• 1M: -14.92%
• 6M: -81.67%
• YTD: -77.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCU

• 1D: -5.39%
• 1M: -6.49%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UXRP vs. BTCU - Yearly Performance Comparison

	2026 (YTD)
UXRP ProShares Ultra XRP ETF	-40.12%
BTCU Direxion Daily Bitcoin Bull 2X ETF	-33.83%

Correlation

The correlation between UXRP and BTCU 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 May 27, 2026	0.84

Return for Risk

UXRP vs. BTCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra XRP ETF (UXRP) and Direxion Daily Bitcoin Bull 2X ETF (BTCU). 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.

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

Drawdowns

UXRP vs. BTCU - Drawdown Comparison

The maximum UXRP drawdown since its inception was -96.60%, which is greater than BTCU's maximum drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for UXRP and BTCU.

Drawdown Indicators

	UXRP	BTCU	Difference
Max Drawdown Largest peak-to-trough decline	-96.60%	-40.67%	-55.93%
Current Drawdown Current decline from peak	-96.42%	-33.96%	-62.46%
Average Drawdown Average peak-to-trough decline	-73.78%	-28.35%	-45.43%

Volatility

Volatility by Period

	UXRP	BTCU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	146.39%	87.28%	+59.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.39%	87.28%	+59.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.39%	87.28%	+59.11%

Dividends

UXRP vs. BTCU - Dividend Comparison

UXRP's dividend yield for the trailing twelve months is around 0.02%, less than BTCU's 0.27% yield.

Position	TTM	2025
BTCU Direxion Daily Bitcoin Bull 2X ETF	0.27%	0.00%
UXRP ProShares Ultra XRP ETF	0.02%	0.00%

Frequently Asked Questions

Can I hold both UXRP and BTCU in my portfolio?

UXRP and BTCU 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.

Which ETF pays a higher dividend yield, UXRP or BTCU?

BTCU has the higher dividend yield at 0.27%, compared with 0.02% for UXRP.

What is the main difference between UXRP and BTCU?

They also come from different issuers: ProShares and Direxion.