UXRP vs. IBMQ

Last updated Jul 14, 2026

UXRP (ProShares Ultra XRP ETF) and IBMQ (iShares iBonds Dec 2028 Term Muni Bond ETF) are both exchange-traded funds - UXRP is a Leveraged Cryptocurrency fund tracking the Bloomberg XRP Index, while IBMQ is a Municipal Bonds fund tracking the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 Index. Both are passively managed. At a 0.05 correlation, their price movements are largely independent. UXRP charges 1.67%/yr vs 0.18%/yr for IBMQ.

Performance

UXRP vs. IBMQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra XRP ETF (UXRP) and iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UXRP achieves a -77.44% return, which is significantly lower than IBMQ's 1.08% return.

UXRP

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

IBMQ

• 1D: -0.08%
• 1M: 0.23%
• 6M: 0.78%
• YTD: 1.08%
• 1Y: 2.85%
• 3Y*: 2.85%
• 5Y*: 0.43%
• 10Y*: —

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

UXRP vs. IBMQ - Yearly Performance Comparison

	2026 (YTD)	2025
UXRP ProShares Ultra XRP ETF	-77.44%	-77.43%
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF	1.08%	1.68%

Correlation

The correlation between UXRP and IBMQ is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.05

Return for Risk

UXRP vs. IBMQ — Risk / Return Rank

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

UXRP

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

IBMQ

IBMQ Risk / Return Rank: 78
IBMQ Sharpe Ratio Rank: 90
IBMQ Sortino Ratio Rank: 92
IBMQ Omega Ratio Rank: 92
IBMQ Calmar Ratio Rank: 64
IBMQ Martin Ratio Rank: 50

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.

UXRP vs. IBMQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra XRP ETF (UXRP) and iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ). 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.

	UXRP	IBMQ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.41	—
Sortino ratio: Return per unit of downside risk	—	3.61	—
Omega ratio: Gain probability vs. loss probability	—	1.49	—
Calmar ratio: Return relative to maximum drawdown	—	2.54	—
Martin ratio: Return relative to average drawdown	—	6.68	—

Drawdowns

UXRP vs. IBMQ - Drawdown Comparison

The maximum UXRP drawdown since its inception was -96.60%, which is greater than IBMQ's maximum drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for UXRP and IBMQ.

Drawdown Indicators

	UXRP	IBMQ	Difference
Max Drawdown Largest peak-to-trough decline	-96.60%	-15.85%	-80.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.51%	—
Current Drawdown Current decline from peak	-96.42%	-0.08%	-96.34%
Average Drawdown Average peak-to-trough decline	-73.78%	-3.21%	-70.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.43%	—

Volatility

Volatility by Period

	UXRP	IBMQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	146.39%	1.19%	+145.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.39%	2.95%	+143.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.39%	5.51%	+140.88%

UXRP vs. IBMQ - Expense Ratio Comparison

UXRP has a 1.67% expense ratio, which is higher than IBMQ's 0.18% expense ratio.

Dividends

UXRP vs. IBMQ - Dividend Comparison

UXRP's dividend yield for the trailing twelve months is around 0.02%, less than IBMQ's 2.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF	2.44%	2.43%	2.33%	1.93%	1.25%	1.05%	1.24%	1.03%
UXRP ProShares Ultra XRP ETF	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UXRP and IBMQ in my portfolio?

UXRP and IBMQ have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UXRP or IBMQ?

On fees, IBMQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UXRP or IBMQ?

IBMQ is cheaper with a 0.18% expense ratio, compared with 1.67% for UXRP.

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

IBMQ has the higher dividend yield at 2.44%, compared with 0.02% for UXRP.

What is the main difference between UXRP and IBMQ?

UXRP is categorized as Leveraged Cryptocurrency, while IBMQ is Municipal Bonds. UXRP tracks Bloomberg XRP Index, while IBMQ tracks S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 1.67% for UXRP and 0.18% for IBMQ.