XXRP vs. BITX
XXRP (Teucrium 2x Long Daily XRP ETF) and BITX (2x Bitcoin Strategy ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while BITX is a Cryptocurrency fund tracking the S&P CME Bitcoin Futures Daily Roll Index (200%). XXRP is actively managed, while BITX is passively managed. Over the past year, XXRP returned -91.99% vs -78.67% for BITX. Their correlation of 0.82 suggests significant overlap in exposure. XXRP charges 1.89%/yr vs 2.38%/yr for BITX.
Performance
XXRP vs. BITX - Performance Comparison
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Returns By Period
In the year-to-date period, XXRP achieves a -78.87% return, which is significantly lower than BITX's -61.72% return.
XXRP
- 1D
- -5.63%
- 1M
- -43.38%
- YTD
- -78.87%
- 6M
- -79.41%
- 1Y
- -91.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITX
- 1D
- -2.13%
- 1M
- -40.88%
- YTD
- -61.72%
- 6M
- -61.62%
- 1Y
- -78.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XXRP vs. BITX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XXRP Teucrium 2x Long Daily XRP ETF | -78.87% | -62.48% |
BITX 2x Bitcoin Strategy ETF | -61.72% | -0.85% |
Correlation
The correlation between XXRP and BITX 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 BITX has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.
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Return for Risk
XXRP vs. BITX — Risk / Return Rank
XXRP
BITX
XXRP vs. BITX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Long Daily XRP ETF (XXRP) and 2x Bitcoin Strategy ETF (BITX). 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 | BITX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.81 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.95 | 0.00 |
| Martin ratioReturn relative to average drawdown | -1.23 | -1.46 | +0.24 |
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Drawdowns
XXRP vs. BITX - Drawdown Comparison
The maximum XXRP drawdown since its inception was -96.66%, which is greater than BITX's maximum drawdown of -83.08%. Use the drawdown chart below to compare losses from any high point for XXRP and BITX.
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Drawdown Indicators
| XXRP | BITX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.66% | -83.08% | -13.58% |
Max Drawdown (1Y)Largest decline over 1 year | -96.66% | -83.08% | -13.58% |
Max Drawdown (3Y)Largest decline over 3 years | — | -83.08% | — |
Current DrawdownCurrent decline from peak | -96.66% | -83.08% | -13.58% |
Average DrawdownAverage peak-to-trough decline | -61.25% | -32.64% | -28.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 74.84% | 53.73% | +21.11% |
Volatility
XXRP vs. BITX - Volatility Comparison
Teucrium 2x Long Daily XRP ETF (XXRP) has a higher volatility of 39.05% compared to 2x Bitcoin Strategy ETF (BITX) at 26.48%. This indicates that XXRP's price experiences larger fluctuations and is considered to be riskier than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XXRP | BITX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.05% | 26.48% | +12.57% |
Volatility (6M)Calculated over the trailing 6-month period | 108.48% | 69.36% | +39.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 150.79% | 88.09% | +62.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 147.04% | 98.17% | +48.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 147.04% | 98.17% | +48.87% |
XXRP vs. BITX - Expense Ratio Comparison
XXRP has a 1.89% expense ratio, which is lower than BITX's 2.38% expense ratio.
Dividends
XXRP vs. BITX - Dividend Comparison
XXRP's dividend yield for the trailing twelve months is around 30.92%, less than BITX's 41.63% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BITX 2x Bitcoin Strategy ETF | 41.63% | 21.69% | 10.70% |
XXRP Teucrium 2x Long Daily XRP ETF | 30.92% | 6.40% | 0.00% |
Frequently Asked Questions
XXRP and BITX 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.
XXRP has higher volatility (39.05%) compared to BITX (26.48%). In terms of maximum drawdown, XXRP dropped -96.66% vs BITX's -83.08%.
On 1-year performance, BITX leads with -78.67% vs -91.99% for XXRP. On fees, XXRP is cheaper at 1.89% per year. On volatility, BITX has been the lower-risk option at 26.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BITX has performed better with a -78.67% return vs -91.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XXRP is cheaper with a 1.89% expense ratio, compared with 2.38% for BITX.
BITX has the higher dividend yield at 41.63%, compared with 30.92% for XXRP.
XXRP is categorized as Leveraged Cryptocurrency, while BITX is Cryptocurrency. They also come from different issuers: Teucrium and Volatility Shares. Their fees differ too: 1.89% for XXRP and 2.38% for BITX.
XXRP currently has the higher Sharpe Ratio (-0.61 vs -0.90), 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.
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