XRPI vs. XRPT

Last updated Apr 1, 2026

Compare and contrast key facts about Volatility Shares XRP ETF (XRPI) and Volatility Shares 2x XRP ETF (XRPT).

XRPI and XRPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRPI is an actively managed fund by Volatility Shares. It was launched on May 22, 2025. XRPT is an actively managed fund by Volatility Shares. It was launched on May 22, 2025.

Performance

XRPI vs. XRPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares XRP ETF (XRPI) and Volatility Shares 2x XRP ETF (XRPT). The values are adjusted to include any dividend payments, if applicable.

XRPI vs. XRPT - Yearly Performance Comparison

	2026 (YTD)	2025
XRPI Volatility Shares XRP ETF	-27.87%	-32.44%
XRPT Volatility Shares 2x XRP ETF	-59.04%	-67.83%

Returns By Period

In the year-to-date period, XRPI achieves a -27.87% return, which is significantly higher than XRPT's -59.04% return.

XRPI

• 1D: 1.61%
• 1M: -1.41%
• YTD: -27.87%
• 6M: -55.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPT

• 1D: 2.88%
• 1M: -5.69%
• YTD: -59.04%
• 6M: -86.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPI vs. XRPT - Expense Ratio Comparison

Both XRPI and XRPT have an expense ratio of 0.94%.

XRPI

Volatility Shares XRP ETF

XRPT

Volatility Shares 2x XRP ETF

Return for Risk

XRPI vs. XRPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares XRP ETF (XRPI) and Volatility Shares 2x XRP ETF (XRPT). 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

	XRPI	XRPT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.71	-0.57	-0.14

Correlation

The correlation between XRPI and XRPT is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XRPI vs. XRPT - Dividend Comparison

XRPI's dividend yield for the trailing twelve months is around 2.89%, less than XRPT's 3.57% yield.

	TTM	2025
XRPI Volatility Shares XRP ETF	2.89%	1.54%
XRPT Volatility Shares 2x XRP ETF	3.57%	1.23%

Drawdowns

XRPI vs. XRPT - Drawdown Comparison

The maximum XRPI drawdown since its inception was -69.91%, smaller than the maximum XRPT drawdown of -93.94%. Use the drawdown chart below to compare losses from any high point for XRPI and XRPT.

Drawdown Indicators

	XRPI	XRPT	Difference
Max Drawdown Largest peak-to-trough decline	-69.91%	-93.94%	+24.03%
Current Drawdown Current decline from peak	-66.34%	-93.09%	+26.75%
Average Drawdown Average peak-to-trough decline	-34.45%	-56.84%	+22.39%

Volatility

Volatility by Period

	XRPI	XRPT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	80.74%	159.80%	-79.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.74%	159.80%	-79.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.74%	159.80%	-79.06%