XXRP vs. ETHT

Last updated Jun 25, 2026

XXRP (Teucrium 2x Long Daily XRP ETF) and ETHT (ProShares Ultra Ether ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while ETHT is a Cryptocurrency fund tracking the Bloomberg Ethereum Index (200%). XXRP is actively managed, while ETHT is passively managed. Over the past year, XXRP returned -91.50% vs -79.07% for ETHT. Their correlation of 0.84 suggests significant overlap in exposure. XXRP charges 1.89%/yr vs 0.94%/yr for ETHT.

Performance

XXRP vs. ETHT - 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 Ether ETF (ETHT). 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 XXRP having a -77.61% return and ETHT slightly lower at -79.70%.

XXRP

• 1D: -9.36%
• 1M: -40.83%
• YTD: -77.61%
• 6M: -78.19%
• 1Y: -91.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETHT

• 1D: -9.31%
• 1M: -44.64%
• YTD: -79.70%
• 6M: -79.27%
• 1Y: -79.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXRP vs. ETHT - Yearly Performance Comparison

	2026 (YTD)	2025
XXRP Teucrium 2x Long Daily XRP ETF	-77.61%	-62.48%
ETHT ProShares Ultra Ether ETF	-79.70%	118.16%

Correlation

The correlation between XXRP and ETHT is 0.85, 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	0.85
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.84

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

Return for Risk

XXRP vs. ETHT — 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: 3

ETHT

ETHT Risk / Return Rank: 4
ETHT Sharpe Ratio Rank: 5
ETHT Sortino Ratio Rank: 5
ETHT Omega Ratio Rank: 5
ETHT Calmar Ratio Rank: 2
ETHT Martin Ratio Rank: 3

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. ETHT - 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 Ether ETF (ETHT). 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	ETHT	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	-0.58	-0.03
Sortino ratio: Return per unit of downside risk	-1.30	-0.63	-0.67
Omega ratio: Gain probability vs. loss probability	0.86	0.93	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.95	-0.84	-0.11
Martin ratio: Return relative to average drawdown	-1.23	-1.20	-0.03

XXRP vs. ETHT - Sharpe Ratio Comparison

The current XXRP Sharpe Ratio is -0.61, which is comparable to the ETHT Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of XXRP and ETHT, 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. ETHT - Drawdown Comparison

The maximum XXRP drawdown since its inception was -96.46%, roughly equal to the maximum ETHT drawdown of -96.11%. Use the drawdown chart below to compare losses from any high point for XXRP and ETHT.

Drawdown Indicators

	XXRP	ETHT	Difference
Max Drawdown Largest peak-to-trough decline	-96.46%	-96.11%	-0.35%
Max Drawdown (1Y) Largest decline over 1 year	-96.46%	-94.05%	-2.41%
Current Drawdown Current decline from peak	-96.46%	-96.11%	-0.35%
Average Drawdown Average peak-to-trough decline	-61.14%	-67.74%	+6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.59%	65.94%	+8.65%

Volatility

XXRP vs. ETHT - Volatility Comparison

Teucrium 2x Long Daily XRP ETF (XXRP) and ProShares Ultra Ether ETF (ETHT) have volatilities of 38.93% and 40.26%, 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	ETHT	Difference
Volatility (1M) Calculated over the trailing 1-month period	38.93%	40.26%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	108.39%	94.02%	+14.37%
Volatility (1Y) Calculated over the trailing 1-year period	151.24%	137.95%	+13.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	147.21%	143.20%	+4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	147.21%	143.20%	+4.01%

XXRP vs. ETHT - Expense Ratio Comparison

XXRP has a 1.89% expense ratio, which is higher than ETHT's 0.94% expense ratio.

Dividends

XXRP vs. ETHT - Dividend Comparison

XXRP's dividend yield for the trailing twelve months is around 29.18%, more than ETHT's 23.40% yield.

Position	TTM	2025	2024
ETHT ProShares Ultra Ether ETF	23.40%	4.57%	0.02%
XXRP Teucrium 2x Long Daily XRP ETF	29.18%	6.40%	0.00%

Frequently Asked Questions

Can I hold both XXRP and ETHT in my portfolio?

XXRP and ETHT 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 ETHT?

ETHT has higher volatility (40.26%) compared to XXRP (38.93%). In terms of maximum drawdown, XXRP dropped -96.46% vs ETHT's -96.11%.

Which ETF is better, XXRP or ETHT?

On 1-year performance, ETHT leads with -79.07% vs -91.50% for XXRP. On fees, ETHT is cheaper at 0.94% per year. On volatility, XXRP has been the lower-risk option at 38.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XXRP or ETHT?

Over the 1-year period, ETHT has performed better with a -79.07% return vs -91.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XXRP or ETHT?

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

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

XXRP has the higher dividend yield at 29.18%, compared with 23.40% for ETHT.

What is the main difference between XXRP and ETHT?

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

Which has better risk-adjusted returns?

ETHT currently has the higher Sharpe Ratio (-0.58 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.