XRPT vs. TXXD

Last updated Jul 18, 2026

XRPT (Volatility Shares 2x XRP ETF) and TXXD (21Shares 2x Long Dogecoin ETF) are both exchange-traded funds - XRPT is a Cryptocurrency fund actively managed by Volatility Shares, while TXXD is a Leveraged Cryptocurrency fund actively managed by 21Shares. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. XRPT charges 0.94%/yr vs 1.89%/yr for TXXD.

Performance

XRPT vs. TXXD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares 2x XRP ETF (XRPT) and 21Shares 2x Long Dogecoin ETF (TXXD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XRPT having a -75.98% return and TXXD slightly higher at -75.13%.

XRPT

• 1D: -1.09%
• 1M: -16.74%
• 6M: -80.71%
• YTD: -75.98%
• 1Y: -95.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXXD

• 1D: -1.55%
• 1M: -30.30%
• 6M: -81.30%
• YTD: -75.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPT vs. TXXD - Yearly Performance Comparison

	2026 (YTD)	2025
XRPT Volatility Shares 2x XRP ETF	-75.98%	-26.68%
TXXD 21Shares 2x Long Dogecoin ETF	-75.13%	-53.35%

Correlation

The correlation between XRPT and TXXD is 0.87, 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 Nov 20, 2025	0.87

Return for Risk

XRPT vs. TXXD — Risk / Return Rank

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

XRPT

XRPT Risk / Return Rank: 2
XRPT Sharpe Ratio Rank: 4
XRPT Sortino Ratio Rank: 1
XRPT Omega Ratio Rank: 1
XRPT Calmar Ratio Rank: 0
XRPT Martin Ratio Rank: 3

TXXD

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

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. TXXD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x XRP ETF (XRPT) and 21Shares 2x Long Dogecoin ETF (TXXD). 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.

	XRPT	TXXD	Difference
Sharpe ratio: Return per unit of total volatility	-0.66	—	—
Sortino ratio: Return per unit of downside risk	-2.00	—	—
Omega ratio: Gain probability vs. loss probability	0.78	—	—
Calmar ratio: Return relative to maximum drawdown	-0.99	—	—
Martin ratio: Return relative to average drawdown	-1.23	—	—

Drawdowns

XRPT vs. TXXD - Drawdown Comparison

The maximum XRPT drawdown since its inception was -96.33%, which is greater than TXXD's maximum drawdown of -88.61%. Use the drawdown chart below to compare losses from any high point for XRPT and TXXD.

Drawdown Indicators

	XRPT	TXXD	Difference
Max Drawdown Largest peak-to-trough decline	-96.33%	-88.61%	-7.72%
Max Drawdown (1Y) Largest decline over 1 year	-96.33%	—	—
Current Drawdown Current decline from peak	-95.95%	-88.40%	-7.55%
Average Drawdown Average peak-to-trough decline	-66.19%	-65.17%	-1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	77.47%	—	—

Volatility

Volatility by Period

	XRPT	TXXD	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	103.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	145.24%	143.77%	+1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	147.01%	143.77%	+3.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	147.01%	143.77%	+3.24%

XRPT vs. TXXD - Expense Ratio Comparison

XRPT has a 0.94% expense ratio, which is lower than TXXD's 1.89% expense ratio.

Dividends

XRPT vs. TXXD - Dividend Comparison

XRPT's dividend yield for the trailing twelve months is around 6.61%, more than TXXD's 0.10% yield.

Position	TTM	2025
TXXD 21Shares 2x Long Dogecoin ETF	0.10%	0.00%
XRPT Volatility Shares 2x XRP ETF	6.61%	1.23%

Frequently Asked Questions

Can I hold both XRPT and TXXD in my portfolio?

XRPT and TXXD have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRPT or TXXD?

On fees, XRPT is cheaper at 0.94% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPT or TXXD?

XRPT is cheaper with a 0.94% expense ratio, compared with 1.89% for TXXD.

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

XRPT has the higher dividend yield at 6.61%, compared with 0.10% for TXXD.

What is the main difference between XRPT and TXXD?

XRPT is categorized as Cryptocurrency, while TXXD is Leveraged Cryptocurrency. They also come from different issuers: Volatility Shares and 21Shares. Their fees differ too: 0.94% for XRPT and 1.89% for TXXD.