XRP vs. BSCQ

Last updated Jun 25, 2026

XRP (Bitwise XRP ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both exchange-traded funds - XRP is a Cryptocurrency fund actively managed by Bitwise, while BSCQ is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2026 Index. XRP is actively managed, while BSCQ is passively managed. At a correlation of -0.04, they often move in opposite directions. XRP charges 0.34%/yr vs 0.10%/yr for BSCQ.

Performance

XRP vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise XRP ETF (XRP) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XRP achieves a -42.50% return, which is significantly lower than BSCQ's 1.68% return.

XRP

• 1D: -4.22%
• 1M: -21.12%
• YTD: -42.50%
• 6M: -43.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCQ

• 1D: 0.00%
• 1M: 0.25%
• YTD: 1.68%
• 6M: 1.77%
• 1Y: 4.26%
• 3Y*: 5.17%
• 5Y*: 1.53%
• 10Y*: —

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

XRP vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025
XRP Bitwise XRP ETF	-42.50%	-15.03%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.68%	0.51%

Correlation

The correlation between XRP and BSCQ is -0.04, 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 Nov 20, 2025	-0.04

Return for Risk

XRP vs. BSCQ — Risk / Return Rank

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

XRP

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

BSCQ

BSCQ Risk / Return Rank: 99
BSCQ Sharpe Ratio Rank: 99
BSCQ Sortino Ratio Rank: 99
BSCQ Omega Ratio Rank: 99
BSCQ Calmar Ratio Rank: 99
BSCQ Martin Ratio Rank: 99

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.

XRP vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise XRP ETF (XRP) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). 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	BSCQ	Difference
Sharpe ratio: Return per unit of total volatility	—	7.10	—
Sortino ratio: Return per unit of downside risk	—	15.91	—
Omega ratio: Gain probability vs. loss probability	—	3.51	—
Calmar ratio: Return relative to maximum drawdown	—	41.89	—
Martin ratio: Return relative to average drawdown	—	183.04	—

Drawdowns

XRP vs. BSCQ - Drawdown Comparison

The maximum XRP drawdown since its inception was -54.53%, which is greater than BSCQ's maximum drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for XRP and BSCQ.

Drawdown Indicators

	XRP	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-54.53%	-16.50%	-38.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.10%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.02%	—
Current Drawdown Current decline from peak	-54.53%	-0.03%	-54.50%
Average Drawdown Average peak-to-trough decline	-31.58%	-2.83%	-28.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.02%	—

Volatility

Volatility by Period

	XRP	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	76.03%	0.61%	+75.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.03%	3.29%	+72.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.03%	4.75%	+71.28%

XRP vs. BSCQ - Expense Ratio Comparison

XRP has a 0.34% expense ratio, which is higher than BSCQ's 0.10% expense ratio.

Dividends

XRP vs. BSCQ - Dividend Comparison

XRP has not paid dividends to shareholders, while BSCQ's dividend yield for the trailing twelve months is around 4.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	4.11%	4.14%	4.05%	3.53%	2.54%	1.91%	2.42%	2.96%	3.32%	2.92%	0.51%
XRP Bitwise XRP ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XRP and BSCQ in my portfolio?

XRP and BSCQ have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRP or BSCQ?

On fees, BSCQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRP or BSCQ?

BSCQ is cheaper with a 0.10% expense ratio, compared with 0.34% for XRP.

Which ETF pays a higher dividend yield, XRP or BSCQ?

BSCQ has the higher dividend yield at 4.11%, compared with 0.00% for XRP.

What is the main difference between XRP and BSCQ?

XRP is categorized as Cryptocurrency, while BSCQ is Corporate Bonds. They also come from different issuers: Bitwise and Invesco. Their fees differ too: 0.34% for XRP and 0.10% for BSCQ.