XXRP vs. BITU

Last updated Jun 26, 2026

XXRP (Teucrium 2x Long Daily XRP ETF) and BITU (Proshares Ultra Bitcoin ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while BITU is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index - Benchmark TR Gross. XXRP is actively managed, while BITU is passively managed. Over the past year, XXRP returned -91.99% vs -78.69% for BITU. Their correlation of 0.82 suggests significant overlap in exposure. XXRP charges 1.89%/yr vs 0.95%/yr for BITU.

Performance

XXRP vs. BITU - Performance Comparison

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

Returns By Period

In the year-to-date period, XXRP achieves a -78.87% return, which is significantly lower than BITU's -62.35% return.

XXRP

• 1D: -5.63%
• 1M: -43.38%
• YTD: -78.87%
• 6M: -79.41%
• 1Y: -91.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITU

• 1D: -2.36%
• 1M: -41.19%
• YTD: -62.35%
• 6M: -62.22%
• 1Y: -78.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXRP vs. BITU - Yearly Performance Comparison

	2026 (YTD)	2025
XXRP Teucrium 2x Long Daily XRP ETF	-78.87%	-62.48%
BITU Proshares Ultra Bitcoin ETF	-62.35%	1.27%

Correlation

The correlation between XXRP and BITU is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.82

The correlation between XXRP and BITU has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.

Return for Risk

XXRP vs. BITU — Risk / Return Rank

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

XXRP

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

BITU

BITU Risk / Return Rank: 1
BITU Sharpe Ratio Rank: 2
BITU Sortino Ratio Rank: 1
BITU Omega Ratio Rank: 1
BITU Calmar Ratio Rank: 1
BITU Martin Ratio Rank: 1

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.

XXRP vs. BITU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Long Daily XRP ETF (XXRP) and Proshares Ultra Bitcoin ETF (BITU). 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.

	XXRP	BITU	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	-0.89	+0.28
Sortino ratio: Return per unit of downside risk	-1.36	-1.74	+0.38
Omega ratio: Gain probability vs. loss probability	0.85	0.81	+0.04
Calmar ratio: Return relative to maximum drawdown	-0.95	-0.95	0.00
Martin ratio: Return relative to average drawdown	-1.23	-1.47	+0.24

XXRP vs. BITU - Sharpe Ratio Comparison

The current XXRP Sharpe Ratio is -0.61, which is higher than the BITU Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of XXRP and BITU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XXRP vs. BITU - Drawdown Comparison

The maximum XXRP drawdown since its inception was -96.66%, which is greater than BITU's maximum drawdown of -83.16%. Use the drawdown chart below to compare losses from any high point for XXRP and BITU.

Drawdown Indicators

	XXRP	BITU	Difference
Max Drawdown Largest peak-to-trough decline	-96.66%	-83.16%	-13.50%
Max Drawdown (1Y) Largest decline over 1 year	-96.66%	-83.16%	-13.50%
Current Drawdown Current decline from peak	-96.66%	-83.16%	-13.50%
Average Drawdown Average peak-to-trough decline	-61.25%	-35.67%	-25.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.84%	53.56%	+21.28%

Volatility

XXRP vs. BITU - Volatility Comparison

Teucrium 2x Long Daily XRP ETF (XXRP) has a higher volatility of 39.05% compared to Proshares Ultra Bitcoin ETF (BITU) at 26.62%. This indicates that XXRP's price experiences larger fluctuations and is considered to be riskier than BITU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XXRP	BITU	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.05%	26.62%	+12.43%
Volatility (6M) Calculated over the trailing 6-month period	108.48%	69.77%	+38.71%
Volatility (1Y) Calculated over the trailing 1-year period	150.79%	88.34%	+62.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	147.04%	97.36%	+49.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	147.04%	97.36%	+49.68%

XXRP vs. BITU - Expense Ratio Comparison

XXRP has a 1.89% expense ratio, which is higher than BITU's 0.95% expense ratio.

Dividends

XXRP vs. BITU - Dividend Comparison

XXRP's dividend yield for the trailing twelve months is around 30.92%, less than BITU's 104.24% yield.

Position	TTM	2025	2024
BITU Proshares Ultra Bitcoin ETF	104.24%	50.23%	0.12%
XXRP Teucrium 2x Long Daily XRP ETF	30.92%	6.40%	0.00%

Frequently Asked Questions

Can I hold both XXRP and BITU in my portfolio?

XXRP and BITU have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XXRP or BITU?

XXRP has higher volatility (39.05%) compared to BITU (26.62%). In terms of maximum drawdown, XXRP dropped -96.66% vs BITU's -83.16%.

Which ETF is better, XXRP or BITU?

On 1-year performance, BITU leads with -78.69% vs -91.99% for XXRP. On fees, BITU is cheaper at 0.95% per year. On volatility, BITU has been the lower-risk option at 26.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XXRP or BITU?

Over the 1-year period, BITU has performed better with a -78.69% return vs -91.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XXRP or BITU?

BITU is cheaper with a 0.95% expense ratio, compared with 1.89% for XXRP.

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

BITU has the higher dividend yield at 104.24%, compared with 30.92% for XXRP.

What is the main difference between XXRP and BITU?

XXRP is categorized as Leveraged Cryptocurrency, while BITU is Cryptocurrency. They also come from different issuers: Teucrium and ProShares. Their fees differ too: 1.89% for XXRP and 0.95% for BITU.

Which has better risk-adjusted returns?

XXRP currently has the higher Sharpe Ratio (-0.61 vs -0.89), 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.