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UXRP

GradeCNew York Stock Exchange Arca

ProShares - Ultra XRP ETF

Leveraged · Leveraged & Inverse · ProShares · Inception 2025-07-14 · SEC filings

This 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.

$17.36−2.46 (−12.39%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Jul 15, 2025.
Intraday session: down, 47 prints from 19.81 to 17.36. Range 17.32 to 19.62. Use the arrow keys to read each point.$18.00$18.50$19.00$19.5010 AM12 PM2 PM4 PM
Expense ratio
1.67%
Fund size
$49M
1Y return
−86.2%
Yield · Last 12 months
Data unavailable
Volume · 30D
0.1M sh
NAV per share
$15.76
52W range
low $8.67high $167.71

The ETF.net UXRP Grade

C

53/ 100

Rank 5 of 15 in 2x Long Crypto⁠

Confidence Medium

Six-pillar profile for UXRP. Scores out of 100: Cost 71, Risk 28, Mission not scored, Tradability 41, Holdings not scored, Durability 57. Strongest: Cost (71). Weakest: Risk (28). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 71
    Category rank5/15 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 28
    Category rank12/15 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank8/15 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 57
    Category rank7/15 · top 47%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on UXRP

ETF.net Research

CProShares' 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.

Stated mandate

The fund seeks daily results, before fees and expenses, equal to twice XRP's daily performance.

Why people hold it

  1. 01At 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.
  2. 02The 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
  3. 03Built by ProShares, a leveraged and inverse specialist that runs the largest lineup of crypto-linked funds in the US.proshares.com

Worth knowing

  1. 01The 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
  2. 02You never own XRP here. The fund gets exposure through derivatives, so counterparty and futures-market mechanics sit between you and the coin.proshares.com
  3. 03Launched 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

As of Sep 20, 2026, 6:50 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
Net Other Assets (Liabilities)100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Net Other Assets (Liabilities)100.00%48,541,297$49M162

Showing 1–1 of 1 holdings

UXRP Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UXRP$1,375
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. UXRP $1,375. SPY $11,723. Use the arrow keys to read each point.$-284$6,185$12,654Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for UXRP. Periods over one year show the average yearly return.
PeriodUXRP
Year to date−56.2%
1 month+23.5%
3 months+67.3%
1 year−86.2%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UXRP
YearReturn barUXRP
2026 YTD−56.2%
2025−76.2%

History from Jul 15, 2025

UXRP in the news

UXRP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.0019 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.0019. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 31, 2025$0.0019

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.

How much the fund’s monthly returns vary, scaled to a year.
96.5%
Annualised · 13 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−1.77
vs 3-month T-bills · 13 months to Aug 2026
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.

The largest fall from a peak to the low that followed.
−96.9%
14 months · trough Aug 2026
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.

How strongly the fund’s returns move with its asset-class index.
1.80
vs its asset-class index
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

Expense ratio1.67%
  • The middle half of 2x Long Crypto funds
  • Median 1.89%

4 of the 15 2x Long Crypto funds charge less.

UXRP costs $167.00 a year on $10,000. The median 2x Long Crypto fund costs $189.00.