XRP vs. BITW
XRP (Bitwise XRP ETF) and BITW (Bitwise 10 Crypto Index ETF) are both Cryptocurrency funds from Bitwise. XRP is actively managed, while BITW is passively managed. Their correlation of 0.91 means they have usually moved in the same direction. XRP charges 0.34%/yr vs 0.75%/yr for BITW.
Performance
XRP vs. BITW - Performance Comparison
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Returns By Period
In the year-to-date period, XRP achieves a -41.13% return, which is significantly lower than BITW's -29.75% return.
XRP
- 1D
- 0.08%
- 1M
- -0.33%
- 6M
- -33.15%
- YTD
- -41.13%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BITW
- 1D
- 0.66%
- 1M
- 4.51%
- 6M
- -17.92%
- YTD
- -29.75%
- 1Y
- -42.84%
- 3Y*
- 48.44%
- 5Y*
- 0.56%
- 10Y*
- —
- ALL TIME*
- 23.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.51M | $1.45M | $2.54M | |
| $5.79M | $6.38M | $8.38M |
XRP vs. BITW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XRP Bitwise XRP ETF | -41.13% | -15.03% |
BITW Bitwise 10 Crypto Index ETF | -29.75% | -0.41% |
Correlation
The correlation between XRP and BITW is 0.91, 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 | 0.91 |
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Return for Risk
XRP vs. BITW — Risk / Return Rank
XRP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITW
XRP vs. BITW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise XRP ETF (XRP) and Bitwise 10 Crypto Index ETF (BITW). 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 | BITW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.87 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.76 | — |
| Martin ratioReturn relative to average drawdown | — | -1.15 | — |
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Drawdowns
XRP vs. BITW - Drawdown Comparison
The maximum XRP drawdown since its inception was -55.49%, smaller than the maximum BITW drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for XRP and BITW.
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Drawdown Indicators
| XRP | BITW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.49% | -96.46% | +40.97% |
Max Drawdown (1Y)Largest decline over 1 year | — | -56.45% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -56.45% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -91.93% | — |
Current DrawdownCurrent decline from peak | -53.45% | -70.30% | +16.85% |
Average DrawdownAverage peak-to-trough decline | -35.02% | -69.58% | +34.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 37.18% | — |
Volatility
XRP vs. BITW - Volatility Comparison
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Volatility by Period
| XRP | BITW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 35.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.38% | 49.69% | +21.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.38% | 63.91% | +7.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.38% | 107.36% | -35.98% |
XRP vs. BITW - Expense Ratio Comparison
XRP has a 0.34% expense ratio, which is lower than BITW's 0.75% expense ratio.
Dividends
XRP vs. BITW - Dividend Comparison
Neither XRP nor BITW has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, XRP and BITW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, XRP is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XRP is cheaper with a 0.34% expense ratio, compared with 0.75% for BITW.
XRP and BITW have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.34% for XRP and 0.75% for BITW.
Find the right allocation for XRP and BITW
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