XRPT vs. IBLC

Last updated Apr 1, 2026

Compare and contrast key facts about Volatility Shares 2x XRP ETF (XRPT) and iShares Blockchain and Tech ETF (IBLC).

XRPT and IBLC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRPT is an actively managed fund by Volatility Shares. It was launched on May 22, 2025. IBLC is a passively managed fund by iShares that tracks the performance of the ICE FactSet Global Blockchain Technologies Index. It was launched on Apr 25, 2022.

Performance

XRPT vs. IBLC - Performance Comparison

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

XRPT vs. IBLC - Yearly Performance Comparison

	2026 (YTD)	2025
XRPT Volatility Shares 2x XRP ETF	-59.04%	-67.83%
IBLC iShares Blockchain and Tech ETF	-10.68%	28.49%

Returns By Period

In the year-to-date period, XRPT achieves a -59.04% return, which is significantly lower than IBLC's -10.68% return.

XRPT

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

IBLC

• 1D: 6.56%
• 1M: -5.99%
• YTD: -10.68%
• 6M: -29.99%
• 1Y: 57.18%
• 3Y*: 34.97%
• 5Y*: —
• 10Y*: —

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

XRPT vs. IBLC - Expense Ratio Comparison

XRPT has a 0.94% expense ratio, which is higher than IBLC's 0.47% expense ratio.

XRPT

Volatility Shares 2x XRP ETF

IBLC

iShares Blockchain and Tech ETF

Return for Risk

XRPT vs. IBLC — Risk / Return Rank

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

IBLC

IBLC Risk / Return Rank: 51
IBLC Sharpe Ratio Rank: 58
IBLC Sortino Ratio Rank: 67
IBLC Omega Ratio Rank: 52
IBLC Calmar Ratio Rank: 49
IBLC Martin Ratio Rank: 31

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. IBLC - Risk-Adjusted Trends Comparison

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

	XRPT	IBLC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	0.23	-0.80

Correlation

The correlation between XRPT and IBLC is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XRPT vs. IBLC - Dividend Comparison

XRPT's dividend yield for the trailing twelve months is around 3.57%, less than IBLC's 7.06% yield.

	TTM	2025	2024	2023	2022
XRPT Volatility Shares 2x XRP ETF	3.57%	1.23%	0.00%	0.00%	0.00%
IBLC iShares Blockchain and Tech ETF	7.06%	6.31%	1.60%	1.79%	0.84%

Drawdowns

XRPT vs. IBLC - Drawdown Comparison

The maximum XRPT drawdown since its inception was -93.94%, which is greater than IBLC's maximum drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for XRPT and IBLC.

Drawdown Indicators

	XRPT	IBLC	Difference
Max Drawdown Largest peak-to-trough decline	-93.94%	-62.54%	-31.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-44.94%	—
Current Drawdown Current decline from peak	-93.09%	-41.28%	-51.81%
Average Drawdown Average peak-to-trough decline	-56.84%	-26.00%	-30.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	20.15%	—

Volatility

Volatility by Period

	XRPT	IBLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	44.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	159.80%	58.34%	+101.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.80%	65.16%	+94.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.80%	65.16%	+94.64%