# UXRP (ProShares Ultra XRP ETF)

ProShares · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: UXRP returned +25.7% where its own daily promise gave +29.4%, 3.7 points short.

## Key facts

- UXRP, what XRPR did: +19.4%, as of Sep 11, 2026.
- UXRP, what +2 times a day gives: +29.4%, as of Sep 11, 2026.
- UXRP, what the fund returned: +25.7%, as of Sep 11, 2026.
- UXRP, the fund itself cost: −3.7 pts, as of Sep 11, 2026.
- UXRP, net assets: $46m (issuer page, as of Sep 11, 2026).
- UXRP, expense ratio: 1.67% (485BPOS XBRL, Jul 14, 2025).

## UXRP over each window to Sep 11, 2026

| Window | Fund | XRPR | +2x the move | Difference | XRPR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +68.9% | +34.8% | +69.6% | −0.7 pts | 87% |
| 3 months | +25.7% | +19.4% | +38.7% | −13.1 pts | 66% |
| 6 months | −27.3% | −3.7% | −7.5% | −19.9 pts | 59% |
| Since launch | −91.4% | −56.9% | −113.9% | +22.4 pts | 75% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of XRPR, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.33 times, against +2 stated | ETFIQ |
| Underlying | XRPR | ETFIQ |
| Segment | asset class, crypto | ETFIQ |
| Net assets | $46m | issuer page, as of Sep 11, 2026 |
| Expense ratio | 1.67% | 485BPOS XBRL, Jul 14, 2025 |
| Launched | Jul 15, 2025 | ETFIQ |
| Underlying volatility over the window | 66% annualized | ETFIQ |

## Questions

### Did UXRP return +2 times XRPR?

Over the window to Sep 11, 2026, XRPR moved +19.4% and UXRP returned +25.7%. 2 times that move is +38.7%, so the fund came out 13.1 points short of it.

### Why does UXRP not return +2 times over a year?

Because it resets daily. UXRP aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x XRPR ETF tracked its stated multiple most closely?

3 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, UXRP, data as of Sep 11, 2026. https://etfiq.com/funds/UXRP
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/UXRP  ·  JSON: https://etfiq.com/funds/UXRP.json