# XXRP (Teucrium 2x Long Daily XRP ETF)

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

Three months to Sep 11, 2026: XXRP returned +23.8% where its own daily promise gave +29.4%, 5.6 points short.

## Key facts

- XXRP, what XRPR did: +19.4%, as of Sep 11, 2026.
- XXRP, what +2 times a day gives: +29.4%, as of Sep 11, 2026.
- XXRP, what the fund returned: +23.8%, as of Sep 11, 2026.
- XXRP, the fund itself cost: −5.6 pts, as of Sep 11, 2026.
- XXRP, net assets: $88m (source, as filed for Jun 30, 2026).
- XXRP, expense ratio: 2.77% (485BPOS XBRL, Apr 29, 2026).

## XXRP over each window to Sep 11, 2026

| Window | Fund | XRPR | +2x the move | Difference | XRPR moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | +66.5% | +34.8% | +69.6% | −3.1 pts | 87% |
| 3 months | +23.8% | +19.4% | +38.7% | −14.9 pts | 66% |
| 6 months | −28.3% | −3.7% | −7.5% | −20.9 pts | 59% |
| Since launch | −91.6% | −56.9% | −113.9% | +22.2 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 | +1.23 times, against +2 stated | ETFIQ |
| Underlying | XRPR | ETFIQ |
| Segment | asset class, crypto | ETFIQ |
| Net assets | $88m | source, as filed for Jun 30, 2026 |
| Expense ratio | 2.77% | 485BPOS XBRL, Apr 29, 2026 |
| Launched | Apr 8, 2025 | ETFIQ |
| Underlying volatility over the window | 66% annualized | ETFIQ |

## Questions

### Did XXRP return +2 times XRPR?

Over the window to Sep 11, 2026, XRPR moved +19.4% and XXRP returned +23.8%. 2 times that move is +38.7%, so the fund came out 14.9 points short of it.

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

Because it resets daily. XXRP 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, XXRP, data as of Sep 11, 2026. https://etfiq.com/funds/XXRP
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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