XXRP vs. ETHD

Last updated Jun 26, 2026

XXRP (Teucrium 2x Long Daily XRP ETF) and ETHD (ProShares UltraShort Ether ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while ETHD is a Cryptocurrency fund actively managed by ProShares. Both are actively managed. Over the past year, XXRP returned -91.99% vs -36.09% for ETHD. At a correlation of -0.84, they often move in opposite directions. XXRP charges 1.89%/yr vs 1.01%/yr for ETHD.

Performance

XXRP vs. ETHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Long Daily XRP ETF (XXRP) and ProShares UltraShort Ether ETF (ETHD). 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 ETHD's 98.16% return.

XXRP

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

ETHD

• 1D: 3.15%
• 1M: 57.64%
• YTD: 98.16%
• 6M: 93.66%
• 1Y: -36.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXRP vs. ETHD - Yearly Performance Comparison

	2026 (YTD)	2025
XXRP Teucrium 2x Long Daily XRP ETF	-78.87%	-62.48%
ETHD ProShares UltraShort Ether ETF	98.16%	-91.21%

Correlation

The correlation between XXRP and ETHD is -0.85, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.85
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	-0.84

The correlation between XXRP and ETHD has been stable across timeframes, ranging from -0.85 to -0.84 - a consistent structural relationship.

Return for Risk

XXRP vs. ETHD — 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

ETHD

ETHD Risk / Return Rank: 9
ETHD Sharpe Ratio Rank: 7
ETHD Sortino Ratio Rank: 12
ETHD Omega Ratio Rank: 12
ETHD Calmar Ratio Rank: 6
ETHD Martin Ratio Rank: 7

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. ETHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Long Daily XRP ETF (XXRP) and ProShares UltraShort Ether ETF (ETHD). 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	ETHD	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	-0.26	-0.35
Sortino ratio: Return per unit of downside risk	-1.36	0.52	-1.88
Omega ratio: Gain probability vs. loss probability	0.85	1.06	-0.21
Calmar ratio: Return relative to maximum drawdown	-0.95	-0.44	-0.51
Martin ratio: Return relative to average drawdown	-1.23	-0.56	-0.66

XXRP vs. ETHD - Sharpe Ratio Comparison

The current XXRP Sharpe Ratio is -0.61, which is lower than the ETHD Sharpe Ratio of -0.26. The chart below compares the historical Sharpe Ratios of XXRP and ETHD, 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. ETHD - Drawdown Comparison

The maximum XXRP drawdown since its inception was -96.66%, roughly equal to the maximum ETHD drawdown of -95.59%. Use the drawdown chart below to compare losses from any high point for XXRP and ETHD.

Drawdown Indicators

	XXRP	ETHD	Difference
Max Drawdown Largest peak-to-trough decline	-96.66%	-95.59%	-1.07%
Max Drawdown (1Y) Largest decline over 1 year	-96.66%	-82.01%	-14.65%
Current Drawdown Current decline from peak	-96.66%	-84.52%	-12.14%
Average Drawdown Average peak-to-trough decline	-61.25%	-66.48%	+5.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.84%	64.02%	+10.82%

Volatility

XXRP vs. ETHD - Volatility Comparison

Teucrium 2x Long Daily XRP ETF (XXRP) and ProShares UltraShort Ether ETF (ETHD) have volatilities of 39.05% and 39.60%, 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

	XXRP	ETHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.05%	39.60%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	108.48%	92.56%	+15.92%
Volatility (1Y) Calculated over the trailing 1-year period	150.79%	137.24%	+13.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	147.04%	142.43%	+4.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	147.04%	142.43%	+4.61%

XXRP vs. ETHD - Expense Ratio Comparison

XXRP has a 1.89% expense ratio, which is higher than ETHD's 1.01% expense ratio.

Dividends

XXRP vs. ETHD - Dividend Comparison

XXRP's dividend yield for the trailing twelve months is around 30.92%, more than ETHD's 8.83% yield.

Position	TTM	2025	2024
ETHD ProShares UltraShort Ether ETF	8.83%	156.62%	19.15%
XXRP Teucrium 2x Long Daily XRP ETF	30.92%	6.40%	0.00%

Frequently Asked Questions

Can I hold both XXRP and ETHD in my portfolio?

XXRP and ETHD have a correlation of -0.85, 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 ETHD?

ETHD has higher volatility (39.60%) compared to XXRP (39.05%). In terms of maximum drawdown, XXRP dropped -96.66% vs ETHD's -95.59%.

Which ETF is better, XXRP or ETHD?

On 1-year performance, ETHD leads with -36.09% vs -91.99% for XXRP. On fees, ETHD is cheaper at 1.01% per year. On volatility, XXRP has been the lower-risk option at 39.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XXRP or ETHD?

Over the 1-year period, ETHD has performed better with a -36.09% 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 ETHD?

ETHD is cheaper with a 1.01% expense ratio, compared with 1.89% for XXRP.

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

XXRP has the higher dividend yield at 30.92%, compared with 8.83% for ETHD.

What is the main difference between XXRP and ETHD?

XXRP is categorized as Leveraged Cryptocurrency, while ETHD is Cryptocurrency. They also come from different issuers: Teucrium and ProShares. Their fees differ too: 1.89% for XXRP and 1.01% for ETHD.

Which has better risk-adjusted returns?

ETHD currently has the higher Sharpe Ratio (-0.26 vs -0.61), 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.