UXRP vs. IBMQ
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. Over the past year, UXRP returned -94.69% vs 2.02% for IBMQ. Their 0.06 correlation means their historical movements had little consistent relationship. UXRP charges 1.67%/yr vs 0.18%/yr for IBMQ.
Performance
UXRP vs. IBMQ - Performance Comparison
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Returns By Period
In the year-to-date period, UXRP achieves a -77.99% return, which is significantly lower than IBMQ's 0.90% return.
UXRP
- 1D
- -5.41%
- 1M
- -7.09%
- 6M
- -74.16%
- YTD
- -77.99%
- 1Y
- -94.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -94.38%
IBMQ
- 1D
- 0.04%
- 1M
- -0.16%
- 6M
- 0.41%
- YTD
- 0.90%
- 1Y
- 2.02%
- 3Y*
- 2.88%
- 5Y*
- 0.35%
- 10Y*
- —
- ALL TIME*
- 1.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.97M | $1.98M | $1.89M | |
| $852.19K | $746.96K | $1.32M |
UXRP vs. IBMQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UXRP ProShares Ultra XRP ETF | -77.99% | -77.43% |
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF | 0.90% | 1.68% |
Correlation
The correlation between UXRP and IBMQ is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.06 |
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Return for Risk
UXRP vs. IBMQ — Risk / Return Rank
UXRP
IBMQ
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 ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -4.79 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.39 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 2.09 | -3.09 |
| Martin ratioReturn relative to average drawdown | -1.23 | 5.46 | -6.69 |
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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.
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Drawdown Indicators
| UXRP | IBMQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.60% | -15.85% | -80.75% |
Max Drawdown (1Y)Largest decline over 1 year | -95.74% | -1.13% | -94.61% |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.64% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -11.47% | — |
Current DrawdownCurrent decline from peak | -96.51% | -0.25% | -96.26% |
Average DrawdownAverage peak-to-trough decline | -74.97% | -3.19% | -71.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 76.79% | 0.43% | +76.36% |
Volatility
UXRP vs. IBMQ - Volatility Comparison
ProShares Ultra XRP ETF (UXRP) has a higher volatility of 24.70% compared to iShares iBonds Dec 2028 Term Muni Bond ETF (IBMQ) at 0.37%. This indicates that UXRP's price experiences larger fluctuations and is considered to be riskier than IBMQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UXRP | IBMQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.70% | 0.37% | +24.33% |
Volatility (6M)Calculated over the trailing 6-month period | 101.23% | 0.88% | +100.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 142.99% | 1.22% | +141.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.51% | 2.94% | +140.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.51% | 5.49% | +138.02% |
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 2.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF | 2.24% | 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
UXRP and IBMQ have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UXRP has higher volatility (24.70%) compared to IBMQ (0.37%). In terms of maximum drawdown, UXRP dropped -96.60% vs IBMQ's -15.85%.
On 1-year performance, IBMQ leads with 2.02% vs -94.69% for UXRP. On fees, IBMQ is cheaper at 0.18% per year. On volatility, IBMQ has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBMQ has performed better with a 2.02% return vs -94.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBMQ is cheaper with a 0.18% expense ratio, compared with 1.67% for UXRP.
IBMQ has the higher dividend yield at 2.24%, compared with 0.02% for UXRP.
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.
IBMQ currently has the higher Sharpe Ratio (1.95 vs -0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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