XRP vs. XRPR

Last updated Jun 24, 2026

XRP (Bitwise XRP ETF) and XRPR (REX-Osprey XRP ETF) are both exchange-traded funds - XRP is a Cryptocurrency fund actively managed by Bitwise, while XRPR is a fund fund actively managed by REX. Both are actively managed. With a 0.99 correlation, they move nearly in lockstep. XRP charges 0.34%/yr vs 0.75%/yr for XRPR.

Performance

XRP vs. XRPR - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with XRP having a -39.96% return and XRPR slightly lower at -39.99%.

XRP

• 1D: -2.92%
• 1M: -17.65%
• YTD: -39.96%
• 6M: -41.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPR

• 1D: -3.23%
• 1M: -17.90%
• YTD: -39.99%
• 6M: -41.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRP vs. XRPR - Yearly Performance Comparison

	2026 (YTD)	2025
XRP Bitwise XRP ETF	-39.96%	-15.03%
XRPR REX-Osprey XRP ETF	-39.99%	-11.10%

Correlation

The correlation between XRP and XRPR is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.99

Return for Risk

XRP vs. XRPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise XRP ETF (XRP) and REX-Osprey XRP ETF (XRPR). 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.

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

Drawdowns

XRP vs. XRPR - Drawdown Comparison

The maximum XRP drawdown since its inception was -52.72%, smaller than the maximum XRPR drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for XRP and XRPR.

Drawdown Indicators

	XRP	XRPR	Difference
Max Drawdown Largest peak-to-trough decline	-52.72%	-65.18%	+12.46%
Current Drawdown Current decline from peak	-52.52%	-65.18%	+12.66%
Average Drawdown Average peak-to-trough decline	-31.42%	-42.27%	+10.85%

Volatility

Volatility by Period

	XRP	XRPR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	76.12%	78.11%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.12%	78.11%	-1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.12%	78.11%	-1.99%

XRP vs. XRPR - Expense Ratio Comparison

XRP has a 0.34% expense ratio, which is lower than XRPR's 0.75% expense ratio.

Dividends

XRP vs. XRPR - Dividend Comparison

Neither XRP nor XRPR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XRP and XRPR in my portfolio?

With a correlation of 0.99, XRP and XRPR 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.

Which ETF is better, XRP or XRPR?

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 XRPR?

XRP is cheaper with a 0.34% expense ratio, compared with 0.75% for XRPR.

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

XRP and XRPR have nearly identical dividend yields, around 0.00%.

What is the main difference between XRP and XRPR?

They also come from different issuers: Bitwise and REX. Their fees differ too: 0.34% for XRP and 0.75% for XRPR.