XRPI vs. XRP-USD
XRPI (Volatility Shares XRP ETF) is Cryptocurrency fund actively managed by Volatility Shares, while XRP-USD (XRP) is a cryptocurrency. Over the past year, XRPI returned -68.03% vs -63.73% for XRP-USD. Their 0.70 correlation means they have sometimes moved together and sometimes differently.
Performance
XRPI vs. XRP-USD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with XRPI having a -43.35% return and XRP-USD slightly higher at -41.84%.
XRPI
- 1D
- 1.55%
- 1M
- -0.82%
- 6M
- -35.55%
- YTD
- -43.35%
- 1Y
- -68.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -55.27%
XRP-USD
- 1D
- -1.49%
- 1M
- -7.50%
- 6M
- -33.91%
- YTD
- -41.84%
- 1Y
- -63.73%
- 3Y*
- 18.99%
- 5Y*
- 7.92%
- 10Y*
- —
- ALL TIME*
- 71.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
XRP-USD XRP | $1.21B | $1.24B | $2.12B |
| $679.08K | $651.64K | $1.15M |
XRPI vs. XRP-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XRPI Volatility Shares XRP ETF | -43.35% | -32.74% |
XRP-USD XRP | -41.84% | -23.24% |
Correlation
The correlation between XRPI and XRP-USD is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (All Time) Calculated using the full available price history since May 22, 2025 | 0.70 |
The correlation between XRPI and XRP-USD has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.
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
XRPI vs. XRP-USD — Risk / Return Rank
XRPI
XRP-USD
XRPI vs. XRP-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Volatility Shares XRP ETF (XRPI) and XRP (XRP-USD). 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.
| XRPI | XRP-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.82 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.93 | -0.01 |
| Martin ratioReturn relative to average drawdown | -1.33 | -1.33 | 0.00 |
Loading charts...
Drawdowns
XRPI vs. XRP-USD - Drawdown Comparison
The maximum XRPI drawdown since its inception was -74.60%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for XRPI and XRP-USD.
Loading charts...
Drawdown Indicators
| XRPI | XRP-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.60% | -95.87% | +21.27% |
Max Drawdown (1Y)Largest decline over 1 year | -72.38% | -68.73% | -3.65% |
Max Drawdown (3Y)Largest decline over 3 years | — | -70.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.83% | — |
Current DrawdownCurrent decline from peak | -73.56% | -69.89% | -3.67% |
Average DrawdownAverage peak-to-trough decline | -44.17% | -70.96% | +26.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.24% | 39.16% | +12.08% |
Volatility
XRPI vs. XRP-USD - Volatility Comparison
Volatility Shares XRP ETF (XRPI) has a higher volatility of 11.94% compared to XRP (XRP-USD) at 9.93%. This indicates that XRPI's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XRPI | XRP-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.94% | 9.93% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 49.19% | 42.62% | +6.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.38% | 53.00% | +19.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.14% | 70.98% | +2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.14% | 111.02% | -37.88% |
Frequently Asked Questions
XRPI and XRP-USD have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XRPI has higher volatility (11.94%) compared to XRP-USD (9.93%). In terms of maximum drawdown, XRPI dropped -74.60% vs XRP-USD's -95.87%.
XRPI currently has the higher Sharpe Ratio (-0.94 vs -1.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for XRPI and XRP-USD
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