XRP vs. ILS

Last updated Jun 4, 2026

XRP (Bitwise XRP ETF) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - XRP is a Cryptocurrency fund actively managed by Bitwise, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. Both are actively managed. At a correlation of -0.16, they often move in opposite directions. XRP charges 0.34%/yr vs 1.58%/yr for ILS.

Performance

XRP vs. ILS - Performance Comparison

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

Returns By Period

In the year-to-date period, XRP achieves a -34.50% return, which is significantly lower than ILS's 1.81% return.

XRP

• 1D: -1.54%
• 1M: -14.12%
• YTD: -34.50%
• 6M: -45.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILS

• 1D: 0.05%
• 1M: 0.45%
• YTD: 1.81%
• 6M: 2.12%
• 1Y: 7.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRP vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
XRP Bitwise XRP ETF	-34.50%	-8.64%
ILS Brookmont Catastrophic Bond ETF	1.81%	0.46%

Correlation

The correlation between XRP and ILS is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	-0.16

Return for Risk

XRP vs. ILS — Risk / Return Rank

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

ILS

ILS Risk / Return Rank: 93
ILS Sharpe Ratio Rank: 84
ILS Sortino Ratio Rank: 92
ILS Omega Ratio Rank: 92
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 97

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. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise XRP ETF (XRP) and Brookmont Catastrophic Bond ETF (ILS). 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.

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

Sharpe Ratios by Period

	XRP	ILS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.83	1.90	-2.73

Drawdowns

XRP vs. ILS - Drawdown Comparison

The maximum XRP drawdown since its inception was -48.71%, which is greater than ILS's maximum drawdown of -1.56%. Use the drawdown chart below to compare losses from any high point for XRP and ILS.

Drawdown Indicators

	XRP	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-48.71%	-1.56%	-47.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.55%	—
Current Drawdown Current decline from peak	-48.21%	0.00%	-48.21%
Average Drawdown Average peak-to-trough decline	-29.70%	-0.25%	-29.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.17%	—

Volatility

Volatility by Period

	XRP	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	75.13%	2.77%	+72.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.13%	3.38%	+71.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.13%	3.38%	+71.75%

XRP vs. ILS - Expense Ratio Comparison

XRP has a 0.34% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

XRP vs. ILS - Dividend Comparison

XRP has not paid dividends to shareholders, while ILS's dividend yield for the trailing twelve months is around 8.09%.

Position	TTM	2025
ILS Brookmont Catastrophic Bond ETF	8.09%	6.06%
XRP Bitwise XRP ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both XRP and ILS in my portfolio?

XRP and ILS have a correlation of -0.16, 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 ILS?

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.

Which ETF is cheaper, XRP or ILS?

XRP is cheaper with a 0.34% expense ratio, compared with 1.58% for ILS.

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

ILS has the higher dividend yield at 8.09%, compared with 0.00% for XRP.

What is the main difference between XRP and ILS?

XRP is categorized as Cryptocurrency, while ILS is Nontraditional Bonds. They also come from different issuers: Bitwise and Brookmont. Their fees differ too: 0.34% for XRP and 1.58% for ILS.