ProShares - Ultra XRP ETF
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$14.27+0.12 (+0.85%)
- 1.67%
- $47M
- −88.4%
- 0.2M sh
- $14.16
- low $8.67high $118.35
The ETF.net UXRP Grade
B
Score 55 out of 100
- 4 of 15
Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A71 out of 100Rank 5 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 10 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 8 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 7 of 15
Our read on UXRP
BProShares' 2x XRP fund: it resets daily, holds futures and swaps rather than XRP itself, and undercuts the other US 2x XRP ETF on fees by more than a full percentage point.
The fund seeks daily results, before fees and expenses, equal to twice XRP's daily performance.
Why people hold it
- At 1.67% a year it costs well under XXRP (2.77%), the other US fund tracking 2x daily XRP, and sits below its leveraged-crypto cohort's median fee.
- The mandate is blunt and readable: 2x XRP's daily move before fees and expenses, delivered through futures and swaps, in a normal brokerage account.proshares.com
- Built by ProShares, a leveraged and inverse specialist that runs the largest lineup of crypto-linked funds in the US.proshares.com
Worth knowing
- The 2x target applies to one day only. Hold longer and daily compounding pulls results away from 2x the period move, most sharply when XRP chops around.proshares.com
- You never own XRP here. The fund gets exposure through derivatives, so counterparty and futures-market mechanics sit between you and the coin.proshares.com
- Launched in 2025 and still small, with a shorter record and thinner trading than the firm's 2x bitcoin and ether funds (BITU, ETHT), which also charge about a point less.
UXRP Holdings
- Other
- 1
- 100%
- Net Other Assets (Liabilities)
UXRP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
UXRP$1,163
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | UXRP |
|---|---|
| Year to date | −68.7% |
| 1 month | −6.2% |
| 3 months | +27.6% |
| 1 year | −88.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | UXRP |
|---|---|---|
| 2026 YTD | −68.7% | |
| 2025 | −76.2% |
UXRP in the news
UXRP Dividends
- $0.0019 per share
- Irregular
Distribution data unavailable.
Distribution history
UXRP Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 94.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −1.61
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −96.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.80
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UXRP Cost
1.67%
UXRP1.67%
- The middle half of 2x Long Crypto funds
- Median 1.89%
4 of the 14 2x Long Crypto funds charge less.
Other funds in 2x Long Crypto
- AETHTProShares - Ultra Ether ETFExpense ratio 1.02%1 year return −78.8%
- ABTCLWorld Funds Trust - T-Rex 2X Long Bitcoin Daily Target ETFExpense ratio 0.95%1 year return −65.7%
- CBITX2x Bitcoin Strategy ETFExpense ratio 2.75%1 year return −63.9%
- CSUILVolatility Shares Trust - 2x Sui ETFExpense ratio 1.85%1 year return —
- CTXXH21Shares 2x Long HYPE ETFExpense ratio 1.89%1 year return —