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XRPC vs. ETH
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

XRPC vs. ETH - Performance Comparison

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

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Returns By Period

In the year-to-date period, XRPC achieves a -34.29% return, which is significantly higher than ETH's -38.95% return.


XRPC

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

ETH

1D
-5.52%
1M
-23.42%
YTD
-38.95%
6M
-42.17%
1Y
-30.84%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

XRPC vs. ETH - Yearly Performance Comparison


2026 (YTD)2025
XRPC
Canary XRP ETF
-34.29%-20.79%
ETH
Grayscale Ethereum Staking Mini ETF
-38.95%-5.87%

Correlation

The correlation between XRPC and ETH 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

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Return for Risk

XRPC vs. ETH — Risk / Return Rank

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

XRPC

ETH
ETH Risk / Return Rank: 55
Overall Rank
ETH Sharpe Ratio Rank: 55
Sharpe Ratio Rank
ETH Sortino Ratio Rank: 66
Sortino Ratio Rank
ETH Omega Ratio Rank: 66
Omega Ratio Rank
ETH Calmar Ratio Rank: 55
Calmar Ratio Rank
ETH Martin Ratio Rank: 55
Martin Ratio Rank
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.

XRPC vs. ETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary XRP ETF (XRPC) and Grayscale Ethereum Staking Mini ETF (ETH). 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.

XRPC vs. ETH - Sharpe Ratio Comparison


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Sharpe Ratios by Period


XRPCETHDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.92

-0.41

-0.52

Drawdowns

XRPC vs. ETH - Drawdown Comparison

The maximum XRPC drawdown since its inception was -48.85%, smaller than the maximum ETH drawdown of -64.01%. Use the drawdown chart below to compare losses from any high point for XRPC and ETH.


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Drawdown Indicators


XRPCETHDifference

Max Drawdown

Largest peak-to-trough decline

-48.85%

-64.01%

+15.16%

Max Drawdown (1Y)

Largest decline over 1 year

-62.40%

Current Drawdown

Current decline from peak

-48.24%

-62.40%

+14.16%

Average Drawdown

Average peak-to-trough decline

-29.50%

-32.58%

+3.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

37.50%

Volatility

XRPC vs. ETH - Volatility Comparison


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Volatility by Period


XRPCETHDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.90%

Volatility (6M)

Calculated over the trailing 6-month period

46.02%

Volatility (1Y)

Calculated over the trailing 1-year period

75.88%

68.34%

+7.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

75.88%

72.26%

+3.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

75.88%

72.26%

+3.62%

XRPC vs. ETH - Expense Ratio Comparison

XRPC has a 0.50% expense ratio, which is higher than ETH's 0.15% expense ratio.


Dividends

XRPC vs. ETH - Dividend Comparison

Neither XRPC nor ETH has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


XRPC and ETH 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.

On fees, ETH is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ETH is cheaper with a 0.15% expense ratio, compared with 0.50% for XRPC.

XRPC and ETH have nearly identical dividend yields, around 0.00%.

They also come from different issuers: Canary Capital and Grayscale. Their fees differ too: 0.50% for XRPC and 0.15% for ETH.

Portfolio Optimizer

Find the right allocation for XRPC and ETH

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer