XRPC vs. ESK

Last updated Jun 4, 2026

XRPC (Canary XRP ETF) and ESK (REX-Osprey ETH + Staking ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. XRPC charges 0.50%/yr vs 0.75%/yr for ESK.

Performance

XRPC vs. ESK - Performance Comparison

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

Returns By Period

In the year-to-date period, XRPC achieves a -34.29% return, which is significantly higher than ESK's -39.23% return.

XRPC

• 1D: -1.39%
• 1M: -14.06%
• YTD: -34.29%
• 6M: -45.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESK

• 1D: -6.26%
• 1M: -24.17%
• YTD: -39.23%
• 6M: -42.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPC vs. ESK - Yearly Performance Comparison

	2026 (YTD)	2025
XRPC Canary XRP ETF	-34.29%	-20.79%
ESK REX-Osprey ETH + Staking ETF	-39.23%	-6.02%

Correlation

The correlation between XRPC and ESK is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.87

Return for Risk

XRPC vs. ESK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary XRP ETF (XRPC) and REX-Osprey ETH + Staking ETF (ESK). 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

	XRPC	ESK	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.92	-0.99	+0.07

Drawdowns

XRPC vs. ESK - Drawdown Comparison

The maximum XRPC drawdown since its inception was -48.85%, smaller than the maximum ESK drawdown of -61.14%. Use the drawdown chart below to compare losses from any high point for XRPC and ESK.

Drawdown Indicators

	XRPC	ESK	Difference
Max Drawdown Largest peak-to-trough decline	-48.85%	-61.14%	+12.29%
Current Drawdown Current decline from peak	-48.24%	-61.14%	+12.90%
Average Drawdown Average peak-to-trough decline	-29.50%	-40.19%	+10.69%

Volatility

Volatility by Period

	XRPC	ESK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.88%	67.24%	+8.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.88%	67.24%	+8.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.88%	67.24%	+8.64%

XRPC vs. ESK - Expense Ratio Comparison

XRPC has a 0.50% expense ratio, which is lower than ESK's 0.75% expense ratio.

Dividends

XRPC vs. ESK - Dividend Comparison

XRPC has not paid dividends to shareholders, while ESK's dividend yield for the trailing twelve months is around 0.97%.

Position	TTM	2025
ESK REX-Osprey ETH + Staking ETF	0.97%	0.30%
XRPC Canary XRP ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both XRPC and ESK in my portfolio?

XRPC and ESK have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRPC or ESK?

On fees, XRPC is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPC or ESK?

XRPC is cheaper with a 0.50% expense ratio, compared with 0.75% for ESK.

Which ETF pays a higher dividend yield, XRPC or ESK?

ESK has the higher dividend yield at 0.97%, compared with 0.00% for XRPC.

What is the main difference between XRPC and ESK?

They also come from different issuers: Canary Capital and REX Shares. Their fees differ too: 0.50% for XRPC and 0.75% for ESK.