XXRP vs. XRPT

Last updated Jun 3, 2026

XXRP (Teucrium 2x Long Daily XRP ETF) and XRPT (Volatility Shares 2x XRP ETF) are both exchange-traded funds - XXRP is a Leveraged Cryptocurrency fund actively managed by Teucrium, while XRPT is a Cryptocurrency fund actively managed by Volatility Shares. Both are actively managed. Over the past year, XXRP returned -88.75% vs -87.06% for XRPT. With a 1.00 correlation, they move nearly in lockstep. XXRP charges 1.89%/yr vs 0.94%/yr for XRPT.

Performance

XXRP vs. XRPT - 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 XRP ETF (XRPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XXRP having a -68.79% return and XRPT slightly higher at -68.08%.

XXRP

• 1D: -11.87%
• 1M: -25.94%
• YTD: -68.79%
• 6M: -78.57%
• 1Y: -88.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPT

• 1D: -12.32%
• 1M: -26.08%
• YTD: -68.08%
• 6M: -77.97%
• 1Y: -87.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XXRP vs. XRPT - Yearly Performance Comparison

	2026 (YTD)	2025
XXRP Teucrium 2x Long Daily XRP ETF	-68.79%	-72.52%
XRPT Volatility Shares 2x XRP ETF	-68.08%	-67.83%

Correlation

The correlation between XXRP and XRPT is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (All Time) Calculated using the full available price history since May 23, 2025	1.00

The correlation between XXRP and XRPT has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

XXRP vs. XRPT — Risk / Return Rank

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

XXRP

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

XRPT

XRPT Risk / Return Rank: 3
XRPT Sharpe Ratio Rank: 4
XRPT Sortino Ratio Rank: 3
XRPT Omega Ratio Rank: 3
XRPT Calmar Ratio Rank: 1
XRPT 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. XRPT - 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 XRP ETF (XRPT). 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	XRPT	Difference
Sharpe ratio Return per unit of total volatility	-0.59	-0.58	-0.01
Sortino ratio Return per unit of downside risk	-1.04	-0.90	-0.14
Omega ratio Gain probability vs. loss probability	0.88	0.90	-0.02
Calmar ratio Return relative to maximum drawdown	-0.94	-0.92	-0.01
Martin ratio Return relative to average drawdown	-1.25	-1.25	-0.01
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. XRPT - Sharpe Ratio Comparison

The current XXRP Sharpe Ratio is -0.59, which is comparable to the XRPT Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of XXRP and XRPT, 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	XRPT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.59	-0.58	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	-0.60	+0.03

Drawdowns

XXRP vs. XRPT - Drawdown Comparison

The maximum XXRP drawdown since its inception was -95.06%, roughly equal to the maximum XRPT drawdown of -94.62%. Use the drawdown chart below to compare losses from any high point for XXRP and XRPT.

Drawdown Indicators

	XXRP	XRPT	Difference
Max Drawdown Largest peak-to-trough decline	-95.06%	-94.62%	-0.44%
Max Drawdown (1Y) Largest decline over 1 year	-95.06%	-94.62%	-0.44%
Current Drawdown Current decline from peak	-95.06%	-94.62%	-0.44%
Average Drawdown Average peak-to-trough decline	-59.50%	-62.86%	+3.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	70.96%	69.95%	+1.01%

Volatility

XXRP vs. XRPT - Volatility Comparison

Teucrium 2x Long Daily XRP ETF (XXRP) and Volatility Shares 2x XRP ETF (XRPT) have volatilities of 27.76% and 28.00%, 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	XRPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.76%	28.00%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	106.97%	106.51%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	149.91%	150.66%	-0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.37%	149.69%	-3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.37%	149.69%	-3.32%

XXRP vs. XRPT - Expense Ratio Comparison

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

Dividends

XXRP vs. XRPT - Dividend Comparison

XXRP's dividend yield for the trailing twelve months is around 20.93%, more than XRPT's 4.87% yield.

Position	TTM	2025
XRPT Volatility Shares 2x XRP ETF	4.87%	1.23%
XXRP Teucrium 2x Long Daily XRP ETF	20.93%	6.40%

Frequently Asked Questions

Can I hold both XXRP and XRPT in my portfolio?

With a correlation of 1.00, XXRP and XRPT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, XXRP or XRPT?

XRPT has higher volatility (28.00%) compared to XXRP (27.76%). In terms of maximum drawdown, XXRP dropped -95.06% vs XRPT's -94.62%.

Which ETF is better, XXRP or XRPT?

On 1-year performance, XRPT leads with -87.06% vs -88.75% for XXRP. On fees, XRPT is cheaper at 0.94% per year. On volatility, XXRP has been the lower-risk option at 27.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XXRP or XRPT?

Over the 1-year period, XRPT has performed better with a -87.06% return vs -88.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XXRP or XRPT?

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

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

XXRP has the higher dividend yield at 20.93%, compared with 4.87% for XRPT.

What is the main difference between XXRP and XRPT?

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

Which has better risk-adjusted returns?

XRPT currently has the higher Sharpe Ratio (-0.58 vs -0.59), 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.