XRPR vs. BTCL

Last updated Jun 23, 2026

XRPR (REX-Osprey XRP ETF) and BTCL (T-REX 2X Long Bitcoin Daily Target ETF) are both exchange-traded funds - XRPR is a fund fund actively managed by REX, while BTCL is a Leveraged Cryptocurrency fund actively managed by REX. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. XRPR charges 0.75%/yr vs 0.95%/yr for BTCL.

Performance

XRPR vs. BTCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX-Osprey XRP ETF (XRPR) and T-REX 2X Long Bitcoin Daily Target ETF (BTCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XRPR achieves a -37.98% return, which is significantly higher than BTCL's -55.51% return.

XRPR

• 1D: -1.06%
• 1M: -15.16%
• YTD: -37.98%
• 6M: -40.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCL

• 1D: 4.80%
• 1M: -29.98%
• YTD: -55.51%
• 6M: -56.73%
• 1Y: -73.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPR vs. BTCL - Yearly Performance Comparison

	2026 (YTD)	2025
XRPR REX-Osprey XRP ETF	-37.98%	-41.98%
BTCL T-REX 2X Long Bitcoin Daily Target ETF	-55.51%	-49.44%

Correlation

The correlation between XRPR and BTCL is 0.88, 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 Sep 18, 2025	0.88

Return for Risk

XRPR vs. BTCL — Risk / Return Rank

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

XRPR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BTCL

BTCL Risk / Return Rank: 2
BTCL Sharpe Ratio Rank: 2
BTCL Sortino Ratio Rank: 2
BTCL Omega Ratio Rank: 2
BTCL Calmar Ratio Rank: 1
BTCL 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.

XRPR vs. BTCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey XRP ETF (XRPR) and T-REX 2X Long Bitcoin Daily Target ETF (BTCL). 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.

	XRPR	BTCL	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.84	—
Sortino ratio: Return per unit of downside risk	—	-1.44	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.89	—
Martin ratio: Return relative to average drawdown	—	-1.38	—

Drawdowns

XRPR vs. BTCL - Drawdown Comparison

The maximum XRPR drawdown since its inception was -65.15%, smaller than the maximum BTCL drawdown of -82.70%. Use the drawdown chart below to compare losses from any high point for XRPR and BTCL.

Drawdown Indicators

	XRPR	BTCL	Difference
Max Drawdown Largest peak-to-trough decline	-65.15%	-82.70%	+17.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-82.70%	—
Current Drawdown Current decline from peak	-64.02%	-80.66%	+16.64%
Average Drawdown Average peak-to-trough decline	-42.15%	-35.24%	-6.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	53.46%	—

Volatility

Volatility by Period

	XRPR	BTCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	25.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	69.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	78.25%	88.36%	-10.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.25%	97.73%	-19.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.25%	97.73%	-19.48%

XRPR vs. BTCL - Expense Ratio Comparison

XRPR has a 0.75% expense ratio, which is lower than BTCL's 0.95% expense ratio.

Dividends

XRPR vs. BTCL - Dividend Comparison

XRPR has not paid dividends to shareholders, while BTCL's dividend yield for the trailing twelve months is around 3.81%.

Position	TTM	2025	2024
BTCL T-REX 2X Long Bitcoin Daily Target ETF	3.81%	1.70%	4.35%
XRPR REX-Osprey XRP ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XRPR and BTCL in my portfolio?

XRPR and BTCL have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRPR or BTCL?

On fees, XRPR is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPR or BTCL?

XRPR is cheaper with a 0.75% expense ratio, compared with 0.95% for BTCL.

Which ETF pays a higher dividend yield, XRPR or BTCL?

BTCL has the higher dividend yield at 3.81%, compared with 0.00% for XRPR.

What is the main difference between XRPR and BTCL?

Their fees differ too: 0.75% for XRPR and 0.95% for BTCL.