XXRP vs. ETHU

Last updated Jun 5, 2026

XXRP (Teucrium 2x Long Daily XRP ETF) and ETHU (Volatility Shares 2x Ether ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while ETHU is a Cryptocurrency fund actively managed by Volatility Shares. Both are actively managed. Over the past year, XXRP returned -90.01% vs -76.14% for ETHU. Their correlation of 0.84 suggests significant overlap in exposure. XXRP charges 1.89%/yr vs 0.94%/yr for ETHU.

Performance

XXRP vs. ETHU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Long Daily XRP ETF (XXRP) and Volatility Shares 2x Ether ETF (ETHU). 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 -71.31% return and ETHU slightly lower at -72.13%.

XXRP

• 1D: -5.54%
• 1M: -33.90%
• YTD: -71.31%
• 6M: -79.17%
• 1Y: -90.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETHU

• 1D: -2.88%
• 1M: -45.48%
• YTD: -72.13%
• 6M: -75.88%
• 1Y: -76.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXRP vs. ETHU - Yearly Performance Comparison

	2026 (YTD)	2025
XXRP Teucrium 2x Long Daily XRP ETF	-71.31%	-56.74%
ETHU Volatility Shares 2x Ether ETF	-72.13%	146.15%

Correlation

The correlation between XXRP and ETHU 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 9, 2025	0.84

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

Return for Risk

XXRP vs. ETHU — 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: 3
XXRP Omega Ratio Rank: 3
XXRP Calmar Ratio Rank: 1
XXRP Martin Ratio Rank: 3

ETHU

ETHU Risk / Return Rank: 4
ETHU Sharpe Ratio Rank: 4
ETHU Sortino Ratio Rank: 5
ETHU Omega Ratio Rank: 5
ETHU Calmar Ratio Rank: 2
ETHU 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. ETHU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Long Daily XRP ETF (XXRP) and Volatility Shares 2x Ether ETF (ETHU). 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.

	XXRP	ETHU	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	-0.56	-0.05
Sortino ratio: Return per unit of downside risk	-1.17	-0.51	-0.66
Omega ratio: Gain probability vs. loss probability	0.87	0.94	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.94	-0.83	-0.11
Martin ratio: Return relative to average drawdown	-1.26	-1.22	-0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XXRP vs. ETHU - Sharpe Ratio Comparison

The current XXRP Sharpe Ratio is -0.60, which is comparable to the ETHU Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of XXRP and ETHU, 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

	XXRP	ETHU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.60	-0.56	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	-0.54	-0.03

Drawdowns

XXRP vs. ETHU - Drawdown Comparison

The maximum XXRP drawdown since its inception was -95.46%, roughly equal to the maximum ETHU drawdown of -95.18%. Use the drawdown chart below to compare losses from any high point for XXRP and ETHU.

Drawdown Indicators

	XXRP	ETHU	Difference
Max Drawdown Largest peak-to-trough decline	-95.46%	-95.18%	-0.28%
Max Drawdown (1Y) Largest decline over 1 year	-95.46%	-91.80%	-3.66%
Current Drawdown Current decline from peak	-95.46%	-95.18%	-0.28%
Average Drawdown Average peak-to-trough decline	-59.75%	-69.45%	+9.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	71.46%	62.60%	+8.86%

Volatility

XXRP vs. ETHU - Volatility Comparison

Teucrium 2x Long Daily XRP ETF (XXRP) has a higher volatility of 27.68% compared to Volatility Shares 2x Ether ETF (ETHU) at 20.02%. This indicates that XXRP's price experiences larger fluctuations and is considered to be riskier than ETHU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XXRP	ETHU	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.68%	20.02%	+7.66%
Volatility (6M) Calculated over the trailing 6-month period	104.81%	92.47%	+12.34%
Volatility (1Y) Calculated over the trailing 1-year period	149.61%	137.43%	+12.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.96%	142.96%	+3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.96%	142.96%	+3.00%

XXRP vs. ETHU - Expense Ratio Comparison

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

Dividends

XXRP vs. ETHU - Dividend Comparison

XXRP's dividend yield for the trailing twelve months is around 22.76%, more than ETHU's 5.16% yield.

Position	TTM	2025	2024
ETHU Volatility Shares 2x Ether ETF	5.16%	2.31%	0.41%
XXRP Teucrium 2x Long Daily XRP ETF	22.76%	6.40%	0.00%

Frequently Asked Questions

Can I hold both XXRP and ETHU in my portfolio?

XXRP and ETHU 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 ETHU?

XXRP has higher volatility (27.68%) compared to ETHU (20.02%). In terms of maximum drawdown, XXRP dropped -95.46% vs ETHU's -95.18%.

Which ETF is better, XXRP or ETHU?

On 1-year performance, ETHU leads with -76.14% vs -90.01% for XXRP. On fees, ETHU is cheaper at 0.94% per year. On volatility, ETHU has been the lower-risk option at 20.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XXRP or ETHU?

Over the 1-year period, ETHU has performed better with a -76.14% return vs -90.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XXRP or ETHU?

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

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

XXRP has the higher dividend yield at 22.76%, compared with 5.16% for ETHU.

What is the main difference between XXRP and ETHU?

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

Which has better risk-adjusted returns?

ETHU currently has the higher Sharpe Ratio (-0.56 vs -0.60), 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.