Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

ETCO vs XRPM: which paid, and which earned it?

ETCO and XRPM both write options for income.

Grayscale Ethereum Covered Call ETF and Amplify XRP 3 Monthly Premium Income ETF.

35.2%ETCO cash paid, 1 year
15.6%XRPM cash paid, 1 year
−47.4%ETCO total return, 1 year
−48.5%XRPM total return, 1 year
ETCO4.8 pts behind ETHA · 1 year to Sep 18, 2026
ETHA−42.6%ETCO−47.4%4.8 pts behind ETHATotal return, distributions reinvestedETHA−42.6%ETCO−47.4%4.8 pts behind ETHA
XRPM76.3 pts behind BITQ · since launch to Sep 18, 2026
BITQ+27.9%XRPM−48.5%76.3 pts behind BITQTotal return, distributions reinvestedBITQ+27.9%XRPM−48.5%76.3 pts behind BITQ

What they hold in common

By the books each fund has filed, ETCO and XRPM hold 0% of their money in the same securities at the same weight.

Only in each
Only in ETCOOnly in XRPM
TREASURY BILL 100.00%XRPC 12/18/2026 11.25 C 27.22%
Canary XRP ETF 26.37%
Invesco Government & Agency Portfolio 12 23.01%
United States Treasury Bill 11/05/2026 8.34%
United States Treasury Bill 11/24/2026 8.32%
Cash & Other 6.98%
United States Treasury Bill 11/19/2026 6.24%
United States Treasury Bill 11/03/2026 4.17%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

ETCO and XRPM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ETCOXRPMETCOXRPMETCOXRPM
3 months+18.4%−3.8%11.7%8.3%−36.3 pts−1.6 pts
6 months−1.3%−21.4%22.6%14.4%−25.1 pts−55.3 pts
1 year−47.4%not published35.2%not published−4.8 ptsnot published
Since launch−43.1%−48.5%38.1%15.6%−4.7 pts−76.3 pts
Open the live comparison on ETFIQ
ETCO and XRPM on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ETCO
Grayscale Ethereum Covered Call ETF
Covered call on ETHA, paying monthly
XRPM
Amplify XRP 3 Monthly Premium Income ETF
Covered call on BITQ, paying monthly
IssuerGrayscaleAmplify
Strategycovered callcovered call
BenchmarkEther (ETHA)Crypto industry (BITQ), used as the crypto proxy
Paysmonthlymonthly
Payout rate, annualized19.8%37.4%
Expense ratio0.65%not published
Cash paid, 1 year35.2%15.6% (since launch on Nov 18, 2025)
Price change, 1 year−75.5%−60.9%
Total return, 1 year−47.4%−48.5% (since launch on Nov 18, 2025)
Benchmark return, 1 year−42.6%+27.9%
Ahead or behind−4.8 pts−76.3 pts
Return of capital, latest estimatenot publishednot published
Age379 days304 days
Net assets$4m$12m

ETCO in plain words

Over the year to Sep 18, 2026, ETCO paid 35.2% of its starting value in cash distributions while its price fell 75.5%. With every distribution reinvested, the fund returned −47.4%. Ether (ETHA) returned −42.6% over the same days, so a holder was behind by 4.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.8%, paid monthly.

XRPM in plain words

Over the period since launch on Nov 18, 2025 to Sep 18, 2026, XRPM paid 15.6% of its starting value in cash distributions while its price fell 60.9%. With every distribution reinvested, the fund returned −48.5%. Crypto industry (BITQ), used as the crypto proxy returned +27.9% over the same days, so a holder was behind by 76.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 37.4%, paid monthly.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETCO against XRPM, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ETCO against XRPM, data as of Sep 18, 2026. https://etfiq.com/compare/income/etco-vs-xrpm Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources