XBNB vs. ETHD

Last updated Aug 5, 2026

XBNB (Teucrium xETFs 2x Long Daily BNB ETF) and ETHD (ProShares UltraShort Ether ETF) are both exchange-traded funds - XBNB is a Leveraged Cryptocurrency fund tracking the Binance Coin (BNB), while ETHD is a Cryptocurrency fund actively managed by ProShares. XBNB is passively managed, while ETHD is actively managed. Their -0.81 correlation means they have often moved in opposite directions in the past. XBNB charges 1.89%/yr vs 1.01%/yr for ETHD.

Performance

XBNB vs. ETHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium xETFs 2x Long Daily BNB ETF (XBNB) and ProShares UltraShort Ether ETF (ETHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XBNB

• 1D: 0.71%
• 1M: 10.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ETHD

• 1D: -0.69%
• 1M: -21.42%
• 6M: -13.33%
• YTD: 28.16%
• 1Y: 6.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -50.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ETHD ProShares UltraShort Ether ETF	$15.91M	$15.40M	$23.23M
XBNB Teucrium xETFs 2x Long Daily BNB ETF	$4.00K	$3.54K	$6.15K

XBNB vs. ETHD - Yearly Performance Comparison

	2026 (YTD)
XBNB Teucrium xETFs 2x Long Daily BNB ETF	-18.70%
ETHD ProShares UltraShort Ether ETF	21.91%

Correlation

The correlation between XBNB and ETHD is -0.81, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026	-0.81

Return for Risk

XBNB vs. ETHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XBNB

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

ETHD

ETHD Risk / Return Rank: 17
ETHD Sharpe Ratio Rank: 11
ETHD Sortino Ratio Rank: 26
ETHD Omega Ratio Rank: 25
ETHD Calmar Ratio Rank: 12
ETHD Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XBNB vs. ETHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium xETFs 2x Long Daily BNB ETF (XBNB) and ProShares UltraShort Ether ETF (ETHD). 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.

	XBNB	ETHD	Difference
Sharpe ratio: Return per unit of total volatility	—	0.05	—
Sortino ratio: Return per unit of downside risk	—	1.04	—
Omega ratio: Gain probability vs. loss probability	—	1.13	—
Calmar ratio: Return relative to maximum drawdown	—	0.13	—
Martin ratio: Return relative to average drawdown	—	0.19	—

Drawdowns

XBNB vs. ETHD - Drawdown Comparison

The maximum XBNB drawdown since its inception was -40.97%, smaller than the maximum ETHD drawdown of -95.59%. Use the drawdown chart below to compare losses from any high point for XBNB and ETHD.

Drawdown Indicators

	XBNB	ETHD	Difference
Max Drawdown Largest peak-to-trough decline	-40.97%	-95.59%	+54.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.14%	—
Current Drawdown Current decline from peak	-32.46%	-89.99%	+57.53%
Average Drawdown Average peak-to-trough decline	-22.96%	-67.60%	+44.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.65%	—

Volatility

Volatility by Period

	XBNB	ETHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	88.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	80.05%	133.41%	-53.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.05%	140.15%	-60.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.05%	140.15%	-60.10%

XBNB vs. ETHD - Expense Ratio Comparison

XBNB has a 1.89% expense ratio, which is higher than ETHD's 1.01% expense ratio.

Dividends

XBNB vs. ETHD - Dividend Comparison

XBNB's dividend yield for the trailing twelve months is around 0.01%, less than ETHD's 8.92% yield.

Position	TTM	2025	2024
ETHD ProShares UltraShort Ether ETF	8.92%	156.62%	19.15%
XBNB Teucrium xETFs 2x Long Daily BNB ETF	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XBNB and ETHD in my portfolio?

XBNB and ETHD have a correlation of -0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBNB or ETHD?

On fees, ETHD is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBNB or ETHD?

ETHD is cheaper with a 1.01% expense ratio, compared with 1.89% for XBNB.

Which ETF pays a higher dividend yield, XBNB or ETHD?

ETHD has the higher dividend yield at 8.92%, compared with 0.01% for XBNB.

What is the main difference between XBNB and ETHD?

XBNB is categorized as Leveraged Cryptocurrency, while ETHD is Cryptocurrency. They also come from different issuers: Teucrium and ProShares. Their fees differ too: 1.89% for XBNB and 1.01% for ETHD.