Data as of .
UXRP vs XRPT: which held to its multiple?
Over the days both have traded, UXRP finished 13.1 points from its stated multiple and XRPT 12.8.
ETFIQ Decay Resistance Score: XRPT scores higher
Did it keep up with its own daily multiple, compounded day by day?
A percentile among the 391 leveraged ETFs, long, over three months. It is a position in a set, not a rating, and neither end of it is a recommendation. All leveraged ETFs ranked by it · How it is computed
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| UXRP | XRPT | UXRP | XRPT | UXRP | XRPT | |
| 1 month | +68.9% | +69.0% | +69.6% | +69.6% | −0.7 pts | −0.5 pts |
| 3 months | +25.7% | +25.9% | +38.7% | +38.7% | −13.1 pts | −12.8 pts |
| 6 months | −27.3% | −26.4% | −7.5% | −7.5% | −19.9 pts | −18.9 pts |
| Since launch | −91.4% | −91.1% | −113.9% | −113.9% | +22.4 pts | +22.8 pts |
| UXRP ProShares Ultra XRP ETF Aims to return twice the daily move of XRP (XRPR) | XRPT Volatility Shares Trust XRP 2X ETF Aims to return twice the daily move of XRP (XRPR) | |
|---|---|---|
| Issuer | ProShares | not established |
| Sets out to return | +2x | +2x |
| On | XRPR | XRPR |
| Segment | crypto | crypto |
| Fund returned, 3 months | +25.7% | +25.9% |
| Underlying returned, 3 months | +19.4% | +19.4% |
| What the stated multiple implies, 3 months | +38.7% | +38.7% |
| Difference from stated, 3 months | −13.1 pts | −12.8 pts |
| Fund returned, 1 year or since launch | −91.4% | −91.1% |
| Difference from stated, over that window | +22.4 pts | +22.8 pts |
| Underlying volatility | 66% | 66% |
| Difference over the days both have traded | −13.1 pts | −12.8 pts |
| Expense ratio | 1.67% | not published |
| Launched | Jul 15, 2025 | May 22, 2025 |
UXRP in plain words
Three months to Sep 11, 2026: UXRP returned +25.7% where its own daily promise gave +29.4%, 3.7 points short. Read the multiple against the whole window instead and +2 times XRPR's 19.4% implies +38.7%, which makes UXRP look 13.1 points short. 9.3 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. UXRP aims to return +2 times XRPR's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. XRPR moved at 66% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
XRPT in plain words
Three months to Sep 11, 2026: XRPT returned +25.9% where its own daily promise gave +29.4%, 3.5 points short. Read the multiple against the whole window instead and +2 times XRPR's 19.4% implies +38.7%, which makes XRPT look 12.8 points short. XRPT aims to return +2 times XRPR's move each day, then resets.
Questions people ask
- Which came closer to its stated multiple, UXRP or XRPT?
- Over the window to Sep 11, 2026, UXRP finished 13.1 points from what its multiple implies and XRPT finished 12.8 points from its own, so XRPT came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
- Are UXRP and XRPT levered on the same thing?
- Yes. Both are levered on XRP, UXRP at +2 times and XRPT at +2 times the daily move.
- Which one decays faster, UXRP or XRPT?
- Decay follows how much the underlying moves about. Over this window UXRP’s moved at 66% annualized and XRPT’s at 66%, so UXRP has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold UXRP or XRPT for a year?
- Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
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.
Cite this page. ETFIQ, UXRP against XRPT, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/UXRP-XRPT Free to use with attribution; the underlying files are at Open data.