Which came closer to its stated multiple, UXRP or XXRP?

Over the window to Sep 30, 2026, UXRP finished 11.9 points from what its multiple implies and XXRP finished 14.5 points from its own, so UXRP came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are UXRP and XXRP levered on the same thing?

Yes. Both are levered on XRP, UXRP at +2 times and XXRP at +2 times the daily move.

Which one decays faster, UXRP or XXRP?

Decay follows how much the underlying moves about. Over this window UXRP’s moved at 70% annualized and XXRP’s at 70%, so UXRP has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold UXRP or XXRP 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.

Which is cheaper, UXRP or XXRP?

UXRP charges 1.67% a year and XXRP charges 2.77%, so UXRP is cheaper. Fees come from each fund's prospectus.

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UXRP vs XXRP: which held to its multiple?

Over the days both have traded, UXRP finished 11.9 points from its stated multiple and XXRP 14.5. ProShares Ultra XRP ETF and Teucrium 2x Long Daily XRP ETF.

+67.5%

UXRP returned, 3 months

+64.8%

XXRP returned, 3 months

−11.9 pts

UXRP from its stated multiple

−14.5 pts

XXRP from its stated multiple

UXRP · 3 months to Sep 30, 202611.9 pts short of its stated multiple

UXRP returned +67.5% while 2 times XRPR's move would have been +79.3%

XXRP · 3 months to Sep 30, 202614.5 pts short of its stated multiple

XXRP returned +64.8% while 2 times XRPR's move would have been +79.3%

ETFIQ Decay Resistance Score · UXRP scores higherDid it keep up with its own daily multiple, compounded day by day?

UXRP 9.7

XXRP 3.3

0.1, the lowest in this set99.9, the highest

A percentile among the 470 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

	Total return		Multiple would give		Difference
Window	UXRP	XXRP	UXRP	XXRP	UXRP	XXRP
1 month	+6.9%	+5.3%	+14.9%	+14.9%	−8.0 pts	−9.5 pts
3 months	+67.5%	+64.8%	+79.3%	+79.3%	−11.9 pts	−14.5 pts
6 months	−8.2%	−10.5%	+19.1%	+19.1%	−27.3 pts	−29.6 pts
1 year	−88.0%	−88.5%	−97.2%	−97.2%	+9.2 pts	+8.7 pts
Since launch UXRP Sep 2025 · XXRP Sep 2025	−90.3%	−90.6%	−105.6%	−105.6%	+15.3 pts	+15.0 pts

UXRP and XXRP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

UXRP

ProShares Ultra XRP ETF · Aims to return twice the daily move of XRP (XRPR)

XXRP

Teucrium 2x Long Daily XRP ETF · Aims to return twice the daily move of XRP (XRPR)

Issuer ProShares Teucrium

Sets out to return +2x +2x

Underlying asset XRPR XRPR

Segment crypto crypto

Fund returned, 3 months or since launch +67.5% +64.8%

Underlying returned, over that window +39.7% +39.7%

What the stated multiple implies, over that window +79.3% +79.3%

Difference from stated, over that window −11.9 pts −14.5 pts

Fund returned, 1 year or since launch −88.0% −88.5%

Difference from stated, over that window +9.2 pts +8.7 pts

Underlying volatility 70% 70%

Difference over the days both have traded −11.9 pts −14.5 pts

Expense ratio 1.67% 2.77%

Launched Jul 15, 2025 Apr 8, 2025

Net assets $57m $88m

UXRP and XXRP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

UXRP in plain words

Three months to Sep 30, 2026: UXRP returned +67.5% where its own daily promise gave +73.4%, 5.9 points short. Read the multiple against the whole window instead and 2 times XRPR's 39.7% implies +79.3%, which makes UXRP look 11.9 points short. 5.9 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 70% 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.

XXRP in plain words

Three months to Sep 30, 2026: XXRP returned +64.8% where its own daily promise gave +73.4%, 8.5 points short. Read the multiple against the whole window instead and 2 times XRPR's 39.7% implies +79.3%, which makes XXRP look 14.5 points short. XXRP aims to return +2 times XRPR's move each day, then resets.

Questions people ask

Which came closer to its stated multiple, UXRP or XXRP?: Over the window to Sep 30, 2026, UXRP finished 11.9 points from what its multiple implies and XXRP finished 14.5 points from its own, so UXRP came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are UXRP and XXRP levered on the same thing?: Yes. Both are levered on XRP, UXRP at +2 times and XXRP at +2 times the daily move.
Which one decays faster, UXRP or XXRP?: Decay follows how much the underlying moves about. Over this window UXRP’s moved at 70% annualized and XXRP’s at 70%, so UXRP has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold UXRP or XXRP 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.
Which is cheaper, UXRP or XXRP?: UXRP charges 1.67% a year and XXRP charges 2.77%, so UXRP is cheaper. Fees come from each fund's prospectus.

Other comparisons

UXRP vs XRPT XXRP vs XRPT

XRPR →UXRP on its own →XXRP on its own →How every figure is computed →Standards and sources →

Where these figures came from

UXRP filings on SEC EDGAR ↗UXRP prospectus with the expense ratio (SEC) ↗ProShares page for UXRP ↗XXRP filings on SEC EDGAR ↗XXRP prospectus with the expense ratio (SEC) ↗Teucrium website ↗

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

Cite this page

ETFIQ, UXRP against XXRP, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/uxrp-vs-xxrp

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.