XRP vs. BITB
XRP (Bitwise XRP ETF) and BITB (Bitwise Bitcoin ETF) are both Cryptocurrency funds from Bitwise. XRP is actively managed, while BITB is passively managed. Their correlation of 0.89 means they have usually moved in the same direction. XRP charges 0.34%/yr vs 0.20%/yr for BITB.
Performance
XRP vs. BITB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XRP achieves a -41.13% return, which is significantly lower than BITB's -26.70% return.
XRP
- 1D
- 0.08%
- 1M
- -0.33%
- 6M
- -33.15%
- YTD
- -41.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BITB
- 1D
- 0.61%
- 1M
- 4.53%
- 6M
- -15.94%
- YTD
- -26.70%
- 1Y
- -44.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $37.03M | $37.92M | $55.56M | |
| $5.79M | $6.38M | $8.38M |
XRP vs. BITB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XRP Bitwise XRP ETF | -41.13% | -15.03% |
BITB Bitwise Bitcoin ETF | -26.70% | -2.18% |
Correlation
The correlation between XRP and BITB is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | 0.89 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XRP vs. BITB — Risk / Return Rank
XRP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITB
XRP vs. BITB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise XRP ETF (XRP) and Bitwise Bitcoin ETF (BITB). 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.
| XRP | BITB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.84 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.83 | — |
| Martin ratioReturn relative to average drawdown | — | -1.27 | — |
Loading charts...
Drawdowns
XRP vs. BITB - Drawdown Comparison
The maximum XRP drawdown since its inception was -55.49%, roughly equal to the maximum BITB drawdown of -53.33%. Use the drawdown chart below to compare losses from any high point for XRP and BITB.
Loading charts...
Drawdown Indicators
| XRP | BITB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.49% | -53.33% | -2.16% |
Max Drawdown (1Y)Largest decline over 1 year | — | -53.33% | — |
Current DrawdownCurrent decline from peak | -53.45% | -48.94% | -4.51% |
Average DrawdownAverage peak-to-trough decline | -35.02% | -18.34% | -16.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 34.91% | — |
Volatility
XRP vs. BITB - Volatility Comparison
Loading charts...
Volatility by Period
| XRP | BITB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.38% | 44.31% | +27.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.38% | 49.31% | +22.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.38% | 49.31% | +22.07% |
XRP vs. BITB - Expense Ratio Comparison
XRP has a 0.34% expense ratio, which is higher than BITB's 0.20% expense ratio.
Dividends
XRP vs. BITB - Dividend Comparison
Neither XRP nor BITB has paid dividends to shareholders.
Frequently Asked Questions
XRP and BITB have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BITB is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BITB is cheaper with a 0.20% expense ratio, compared with 0.34% for XRP.
XRP and BITB have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.34% for XRP and 0.20% for BITB.
Find the right allocation for XRP and BITB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer