XRPT vs. XXRP

Last updated Jun 3, 2026

XRPT (Volatility Shares 2x XRP ETF) and XXRP (Teucrium 2x Long Daily XRP ETF) are both exchange-traded funds - XRPT is a Cryptocurrency fund actively managed by Volatility Shares, while XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium. Both are actively managed. Over the past year, XRPT returned -87.06% vs -88.75% for XXRP. With a 1.00 correlation, they move nearly in lockstep. XRPT charges 0.94%/yr vs 1.89%/yr for XXRP.

Performance

XRPT vs. XXRP - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with XRPT having a -68.08% return and XXRP slightly lower at -68.79%.

XRPT

• 1D: -12.32%
• 1M: -26.08%
• YTD: -68.08%
• 6M: -77.97%
• 1Y: -87.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XXRP

• 1D: -11.87%
• 1M: -25.94%
• YTD: -68.79%
• 6M: -78.57%
• 1Y: -88.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPT vs. XXRP - Yearly Performance Comparison

	2026 (YTD)	2025
XRPT Volatility Shares 2x XRP ETF	-68.08%	-67.83%
XXRP Teucrium 2x Long Daily XRP ETF	-68.79%	-72.52%

Correlation

The correlation between XRPT and XXRP is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (All Time) Calculated using the full available price history since May 23, 2025	1.00

The correlation between XRPT and XXRP has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

XRPT vs. XXRP — 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

XXRP

XXRP Risk / Return Rank: 2
XXRP Sharpe Ratio Rank: 4
XXRP Sortino Ratio Rank: 3
XXRP Omega Ratio Rank: 3
XXRP Calmar Ratio Rank: 1
XXRP 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.

XRPT vs. XXRP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x XRP ETF (XRPT) and Teucrium 2x Long Daily XRP ETF (XXRP). 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	XXRP	Difference
Sharpe ratio Return per unit of total volatility	-0.58	-0.59	+0.01
Sortino ratio Return per unit of downside risk	-0.90	-1.04	+0.14
Omega ratio Gain probability vs. loss probability	0.90	0.88	+0.02
Calmar ratio Return relative to maximum drawdown	-0.92	-0.94	+0.01
Martin ratio Return relative to average drawdown	-1.25	-1.25	+0.01
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. XXRP - Sharpe Ratio Comparison

The current XRPT Sharpe Ratio is -0.58, which is comparable to the XXRP Sharpe Ratio of -0.59. The chart below compares the historical Sharpe Ratios of XRPT and XXRP, 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	XXRP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	-0.59	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	-0.57	-0.03

Drawdowns

XRPT vs. XXRP - Drawdown Comparison

The maximum XRPT drawdown since its inception was -94.62%, roughly equal to the maximum XXRP drawdown of -95.06%. Use the drawdown chart below to compare losses from any high point for XRPT and XXRP.

Drawdown Indicators

	XRPT	XXRP	Difference
Max Drawdown Largest peak-to-trough decline	-94.62%	-95.06%	+0.44%
Max Drawdown (1Y) Largest decline over 1 year	-94.62%	-95.06%	+0.44%
Current Drawdown Current decline from peak	-94.62%	-95.06%	+0.44%
Average Drawdown Average peak-to-trough decline	-62.86%	-59.50%	-3.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	69.95%	70.96%	-1.01%

Volatility

XRPT vs. XXRP - Volatility Comparison

Volatility Shares 2x XRP ETF (XRPT) and Teucrium 2x Long Daily XRP ETF (XXRP) have volatilities of 28.00% and 27.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XRPT	XXRP	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.00%	27.76%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	106.51%	106.97%	-0.46%
Volatility (1Y) Calculated over the trailing 1-year period	150.66%	149.91%	+0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	149.69%	146.37%	+3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	149.69%	146.37%	+3.32%

XRPT vs. XXRP - Expense Ratio Comparison

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

Dividends

XRPT vs. XXRP - Dividend Comparison

XRPT's dividend yield for the trailing twelve months is around 4.87%, less than XXRP's 20.93% yield.

Position	TTM	2025
XRPT Volatility Shares 2x XRP ETF	4.87%	1.23%
XXRP Teucrium 2x Long Daily XRP ETF	20.93%	6.40%

Frequently Asked Questions

Can I hold both XRPT and XXRP in my portfolio?

With a correlation of 1.00, XRPT and XXRP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, XRPT or XXRP?

XRPT has higher volatility (28.00%) compared to XXRP (27.76%). In terms of maximum drawdown, XRPT dropped -94.62% vs XXRP's -95.06%.

Which ETF is better, XRPT or XXRP?

On 1-year performance, XRPT leads with -87.06% vs -88.75% for XXRP. On fees, XRPT is cheaper at 0.94% per year. On volatility, XXRP has been the lower-risk option at 27.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XRPT or XXRP?

Over the 1-year period, XRPT has performed better with a -87.06% return vs -88.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XRPT or XXRP?

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

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

XXRP has the higher dividend yield at 20.93%, compared with 4.87% for XRPT.

What is the main difference between XRPT and XXRP?

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

Which has better risk-adjusted returns?

XRPT currently has the higher Sharpe Ratio (-0.58 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.