XRPT vs. BEGS

Last updated Jun 5, 2026

XRPT (Volatility Shares 2x XRP ETF) and BEGS (Rareview 2x Bull Cryptocurrency & Precious Metals ETF) are both exchange-traded funds - XRPT is a Cryptocurrency fund actively managed by Volatility Shares, while BEGS is a Leveraged Cryptocurrency fund actively managed by Rareview. Both are actively managed. Over the past year, XRPT returned -88.46% vs -18.02% for BEGS. A 0.76 correlation means they provide meaningful diversification when combined. XRPT charges 0.94%/yr vs 0.99%/yr for BEGS.

Performance

XRPT vs. BEGS - Performance Comparison

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

Returns By Period

In the year-to-date period, XRPT achieves a -70.47% return, which is significantly lower than BEGS's -31.00% return.

XRPT

• 1D: -4.67%
• 1M: -33.40%
• YTD: -70.47%
• 6M: -78.42%
• 1Y: -88.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BEGS

• 1D: -1.44%
• 1M: -23.94%
• YTD: -31.00%
• 6M: -29.94%
• 1Y: -18.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPT vs. BEGS - Yearly Performance Comparison

	2026 (YTD)	2025
XRPT Volatility Shares 2x XRP ETF	-70.47%	-67.83%
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	-31.00%	16.72%

Correlation

The correlation between XRPT and BEGS is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since May 23, 2025	0.76

The correlation between XRPT and BEGS has been stable across timeframes, ranging from 0.76 to 0.76 - a consistent structural relationship.

Return for Risk

XRPT vs. BEGS — Risk / Return Rank

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

XRPT

XRPT Risk / Return Rank: 3
XRPT Sharpe Ratio Rank: 4
XRPT Sortino Ratio Rank: 3
XRPT Omega Ratio Rank: 3
XRPT Calmar Ratio Rank: 1
XRPT Martin Ratio Rank: 3

BEGS

BEGS Risk / Return Rank: 7
BEGS Sharpe Ratio Rank: 6
BEGS Sortino Ratio Rank: 8
BEGS Omega Ratio Rank: 8
BEGS Calmar Ratio Rank: 6
BEGS Martin Ratio Rank: 6

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.

XRPT vs. BEGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x XRP ETF (XRPT) and Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS). 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.

	XRPT	BEGS	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	-0.28	-0.31
Sortino ratio: Return per unit of downside risk	-1.02	0.02	-1.04
Omega ratio: Gain probability vs. loss probability	0.89	1.00	-0.11
Calmar ratio: Return relative to maximum drawdown	-0.93	-0.37	-0.56
Martin ratio: Return relative to average drawdown	-1.25	-0.76	-0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XRPT vs. BEGS - Sharpe Ratio Comparison

The current XRPT Sharpe Ratio is -0.59, which is lower than the BEGS Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of XRPT and BEGS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XRPT	BEGS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.59	-0.28	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	-0.05	-0.56

Drawdowns

XRPT vs. BEGS - Drawdown Comparison

The maximum XRPT drawdown since its inception was -95.02%, which is greater than BEGS's maximum drawdown of -48.87%. Use the drawdown chart below to compare losses from any high point for XRPT and BEGS.

Drawdown Indicators

	XRPT	BEGS	Difference
Max Drawdown Largest peak-to-trough decline	-95.02%	-48.87%	-46.15%
Max Drawdown (1Y) Largest decline over 1 year	-95.02%	-48.87%	-46.15%
Current Drawdown Current decline from peak	-95.02%	-48.87%	-46.15%
Average Drawdown Average peak-to-trough decline	-63.11%	-16.66%	-46.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.46%	23.72%	+46.74%

Volatility

XRPT vs. BEGS - Volatility Comparison

Volatility Shares 2x XRP ETF (XRPT) has a higher volatility of 27.84% compared to Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS) at 12.93%. This indicates that XRPT's price experiences larger fluctuations and is considered to be riskier than BEGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRPT	BEGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.84%	12.93%	+14.91%
Volatility (6M) Calculated over the trailing 6-month period	104.32%	53.62%	+50.70%
Volatility (1Y) Calculated over the trailing 1-year period	150.33%	63.80%	+86.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	149.19%	62.37%	+86.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	149.19%	62.37%	+86.82%

XRPT vs. BEGS - Expense Ratio Comparison

XRPT has a 0.94% expense ratio, which is lower than BEGS's 0.99% expense ratio.

Dividends

XRPT vs. BEGS - Dividend Comparison

XRPT's dividend yield for the trailing twelve months is around 5.26%, less than BEGS's 69.90% yield.

Position	TTM	2025
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF	69.90%	48.23%
XRPT Volatility Shares 2x XRP ETF	5.26%	1.23%

Frequently Asked Questions

Can I hold both XRPT and BEGS in my portfolio?

XRPT and BEGS have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XRPT or BEGS?

XRPT has higher volatility (27.84%) compared to BEGS (12.93%). In terms of maximum drawdown, XRPT dropped -95.02% vs BEGS's -48.87%.

Which ETF is better, XRPT or BEGS?

On 1-year performance, BEGS leads with -18.02% vs -88.46% for XRPT. On fees, XRPT is cheaper at 0.94% per year. On volatility, BEGS has been the lower-risk option at 12.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XRPT or BEGS?

Over the 1-year period, BEGS has performed better with a -18.02% return vs -88.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XRPT or BEGS?

XRPT is cheaper with a 0.94% expense ratio, compared with 0.99% for BEGS.

Which ETF pays a higher dividend yield, XRPT or BEGS?

BEGS has the higher dividend yield at 69.90%, compared with 5.26% for XRPT.

What is the main difference between XRPT and BEGS?

XRPT is categorized as Cryptocurrency, while BEGS is Leveraged Cryptocurrency. They also come from different issuers: Volatility Shares and Rareview. Their fees differ too: 0.94% for XRPT and 0.99% for BEGS.

Which has better risk-adjusted returns?

BEGS currently has the higher Sharpe Ratio (-0.28 vs -0.59), 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.