XRPC vs. IBLC
XRPC (Canary XRP ETF) and IBLC (iShares Blockchain and Tech ETF) are both Cryptocurrency funds. XRPC is actively managed, while IBLC is passively managed. A 0.72 correlation means they provide meaningful diversification when combined. XRPC charges 0.50%/yr vs 0.47%/yr for IBLC.
Performance
XRPC vs. IBLC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XRPC achieves a -38.05% return, which is significantly lower than IBLC's 30.07% return.
XRPC
- 1D
- -0.74%
- 1M
- -15.26%
- YTD
- -38.05%
- 6M
- -40.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBLC
- 1D
- -0.70%
- 1M
- 2.21%
- YTD
- 30.07%
- 6M
- 19.82%
- 1Y
- 65.77%
- 3Y*
- 46.30%
- 5Y*
- —
- 10Y*
- —
XRPC vs. IBLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XRPC Canary XRP ETF | -38.05% | -26.96% |
IBLC iShares Blockchain and Tech ETF | 30.07% | -18.17% |
Correlation
The correlation between XRPC and IBLC is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.72 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XRPC vs. IBLC — Risk / Return Rank
XRPC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBLC
XRPC vs. IBLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canary XRP ETF (XRPC) and iShares Blockchain and Tech ETF (IBLC). 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.
| XRPC | IBLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.47 | — |
| Martin ratioReturn relative to average drawdown | — | 2.89 | — |
Loading charts...
Drawdowns
XRPC vs. IBLC - Drawdown Comparison
The maximum XRPC drawdown since its inception was -56.25%, smaller than the maximum IBLC drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for XRPC and IBLC.
Loading charts...
Drawdown Indicators
| XRPC | IBLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.25% | -62.54% | +6.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -44.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -51.68% | — |
Current DrawdownCurrent decline from peak | -54.75% | -14.49% | -40.26% |
Average DrawdownAverage peak-to-trough decline | -36.08% | -25.77% | -10.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 22.86% | — |
Volatility
XRPC vs. IBLC - Volatility Comparison
Loading charts...
Volatility by Period
| XRPC | IBLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.30% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 41.59% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 77.09% | 55.92% | +21.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.09% | 64.54% | +12.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.09% | 64.54% | +12.55% |
XRPC vs. IBLC - Expense Ratio Comparison
XRPC has a 0.50% expense ratio, which is higher than IBLC's 0.47% expense ratio.
Dividends
XRPC vs. IBLC - Dividend Comparison
XRPC has not paid dividends to shareholders, while IBLC's dividend yield for the trailing twelve months is around 4.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 4.81% | 6.31% | 1.60% | 1.79% | 0.84% |
XRPC Canary XRP ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XRPC and IBLC have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBLC is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBLC is cheaper with a 0.47% expense ratio, compared with 0.50% for XRPC.
IBLC has the higher dividend yield at 4.81%, compared with 0.00% for XRPC.
They also come from different issuers: Canary Capital and iShares. Their fees differ too: 0.50% for XRPC and 0.47% for IBLC.
Find the right allocation for XRPC and IBLC
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