XRPP.TO vs. BTCC-U.TO

Last updated Jun 4, 2026

XRPP.TO (Purpose XRP ETF CAD Currency Hedged Units) and BTCC-U.TO (Purpose Bitcoin ETF Non-Currency Hedged Units) are both Cryptocurrency funds from Purpose Investments. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure.

Performance

XRPP.TO vs. BTCC-U.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Purpose XRP ETF CAD Currency Hedged Units (XRPP.TO) and Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XRPP.TO is traded in CAD, while BTCC-U.TO is traded in USD. To make them comparable, the BTCC-U.TO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XRPP.TO achieves a -34.43% return, which is significantly lower than BTCC-U.TO's -24.75% return.

XRPP.TO

• 1D: -0.55%
• 1M: -12.92%
• YTD: -34.43%
• 6M: -45.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCC-U.TO

• 1D: -1.51%
• 1M: -16.75%
• YTD: -24.75%
• 6M: -30.72%
• 1Y: -38.53%
• 3Y*: 33.54%
• 5Y*: 13.68%
• 10Y*: —

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

XRPP.TO vs. BTCC-U.TO - Yearly Performance Comparison

	2026 (YTD)	2025
XRPP.TO Purpose XRP ETF CAD Currency Hedged Units	-34.43%	-15.95%
BTCC-U.TO Purpose Bitcoin ETF Non-Currency Hedged Units	-24.75%	-16.35%

Correlation

The correlation between XRPP.TO and BTCC-U.TO is 0.81, 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 Jun 19, 2025	0.81

Return for Risk

XRPP.TO vs. BTCC-U.TO — Risk / Return Rank

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

BTCC-U.TO

BTCC-U.TO Risk / Return Rank: 2
BTCC-U.TO Sharpe Ratio Rank: 2
BTCC-U.TO Sortino Ratio Rank: 2
BTCC-U.TO Omega Ratio Rank: 2
BTCC-U.TO Calmar Ratio Rank: 2
BTCC-U.TO Martin Ratio Rank: 2

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.

XRPP.TO vs. BTCC-U.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Purpose XRP ETF CAD Currency Hedged Units (XRPP.TO) and Purpose Bitcoin ETF Non-Currency Hedged Units (BTCC-U.TO). 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

	XRPP.TO	BTCC-U.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.62	0.08	-0.71

Drawdowns

XRPP.TO vs. BTCC-U.TO - Drawdown Comparison

The maximum XRPP.TO drawdown since its inception was -66.98%, smaller than the maximum BTCC-U.TO drawdown of -75.02%. Use the drawdown chart below to compare losses from any high point for XRPP.TO and BTCC-U.TO.

Drawdown Indicators

	XRPP.TO	BTCC-U.TO	Difference
Max Drawdown Largest peak-to-trough decline	-66.98%	-75.02%	+8.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-75.02%	—
Current Drawdown Current decline from peak	-66.67%	-48.58%	-18.09%
Average Drawdown Average peak-to-trough decline	-38.53%	-32.78%	-5.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.12%	—

Volatility

Volatility by Period

	XRPP.TO	BTCC-U.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	74.60%	43.04%	+31.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.60%	53.56%	+21.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.60%	54.69%	+19.91%

Dividends

XRPP.TO vs. BTCC-U.TO - Dividend Comparison

Neither XRPP.TO nor BTCC-U.TO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XRPP.TO and BTCC-U.TO in my portfolio?

XRPP.TO and BTCC-U.TO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.