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ETHT vs UXRP

ProShares Ultra Ether ETF

ETHTANYSE Arca

ProShares Ultra XRP ETF

UXRPCNYSE Arca

Overlap

Expense ratio

ETHT −0.71pt a year

ETHT0.96%UXRP1.67%

Avg volume · 30D

ETHT 11.4×the volume

ETHT1.72MUXRP151K

ETHT vs UXRP Performance

Oct 31, 2025 – Oct 30, 2026

−82.1%ETHT−88.8%UXRP

Oct 31, 2025 to Oct 30, 2026. ETHT −82.1%. UXRP −88.8%. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
ETHT 0.96%, better
UXRP 1.67%
Fund size
ETHT $213M
UXRP $38M
1Y total return
ETHT −82.1%, better
UXRP −88.8%
Yield (12M)
ETHT 1.74%
UXRP No data
Holdings
ETHT 1
UXRP 1
Avg volume (30D)
ETHT 1.72M sh, better
UXRP 151K sh
NAV per share
ETHT $13.05
UXRP $11.54
52W range

ETF.net Grade

ETHT: Cost 91, Risk 51, Mission 0, Tradability 74, Holdings not scored, Durability 72. UXRP: Cost 68, Risk 30, Mission not scored, Tradability 39, Holdings not scored, Durability 55.
Pillar letters and Scores for ETHT, UXRP, with each pillar’s weight
PillarETHTUXRP
Cost30% weightA91HigherB68
Mission25% weightF0Not scored
Risk15% weightC51HigherD30
Tradability15% weightA74HigherD39
Holdings10% weightNot scoredNot scored
Durability5% weightA72HigherB55

Rank among 2x Long Crypto funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ETHT and UXRP are both graded against the same 14 2x Long Crypto funds, so their Grades compare head to head.

2x Long Crypto⁠

Category · 14 funds
See all 14 ›

ETHT ranks 2nd and UXRP 5th of 14 funds in the 2x Long Crypto Category.

  1. Rank 1ABITUProShares Ultra Bitcoin ETFScore 82
  2. Rank 2AETHTProShares Ultra Ether ETFScore 76
  3. Rank 3BBTCLT-Rex 2X Long Bitcoin Daily Target ETFScore 65
  4. Rank 4BBITX2x Bitcoin Strategy ETFScore 61
  5. Rank 5CUXRPProShares Ultra XRP ETFScore 51
  6. Rank 6CSUILVolatility Shares 2x Sui ETFScore 48

Our read on each fund

ETF.net Research

ETHTAProShares Ultra Ether ETF

UXRPCProShares Ultra XRP ETF

In short

ETHT ProShares opened the US market for leveraged ether in June 2024, and it runs the low-cost version: 0.96% to target twice ether's daily move, below the typical fee among 2x crypto funds.

UXRP ProShares' 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

ETHT The fund seeks daily investment results equal to twice the daily performance of ether, before fees and expenses.

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

Why people hold it

  • ETHT The original. It listed June 7, 2024 alongside a -2x twin as the first US ETFs built to target twice ether's daily move.businesswire.com
  • At 0.96%, with no fee waiver involved, it costs far less than ETHU, the other 2x ether fund in the group, at 2.97%.
  • One of the stronger builds in its leveraged-crypto peer group, and actively traded, so entering and exiting doesn't hinge on a thin market.
  • No wallet, no keys. It's a registered 1940 Act ETF that gets its exposure from derivatives and does not invest directly in ether.proshares.com
  • UXRP 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

  • ETHT The 2x target resets daily. Over periods longer than a single day, returns will likely differ from that daily target, per the prospectus.proshares.com
  • Leverage cuts both ways: on a down day for ether, the fund should lose roughly twice as much as the index it tracks.proshares.com
  • The track record starts in June 2024, so there is less history here than for most ETFs when judging behavior across market cycles.
  • UXRP 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.

Full ETHT profile⁠

Full UXRP profile⁠

ETHT vs UXRP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ETHT vs UXRP Cost

Overpaying UXRP vs ETHT

$10,603

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ETHT 0.96%

    $18,034

  • UXRP 1.67%

    $28,637

$10,000
30 years

Cost over time

  • ETHT 0.96%
  • UXRP 1.67%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530UXRP $28,637ETHT $18,034

Year by year

YearETHTUXRPOverpaying
10$1,695$2,863$1,168
20$6,383$10,445$4,062
30$18,034$28,637$10,603

Expense ratio

  • 0.96%ETHT, cheaper
  • 1.67%UXRP
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

ETHT 3rd cheapest of 14 funds

UXRP 5th cheapest of 14 funds

ETHT vs UXRP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ETHT 1.74%
UXRP No data
Payout (12M)
ETHT $0.23
UXRP No data
Last payment
ETHT $0.01
UXRP $0.0019
Ex-dividend
ETHT Oct 1, 2026
UXRP Dec 24, 2025
Paid on
ETHT Oct 7, 2026
UXRP Dec 31, 2025
Frequency
ETHT Monthly
UXRP Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

ETHTMonthly · 15 paymentsAll ETHT payments⁠
One bar per payment. 15 payments from 2024 to 2026 YTD. Sep 3, 2024 $0.0038; Dec 23, 2024 $0.01; Sep 2, 2025 $1.60; Nov 3, 2025 $0.0082; Dec 1, 2025 $0.03; Dec 24, 2025 $0.08; Feb 2, 2026 $0.02; Mar 2, 2026 $0.02; Apr 1, 2026 $0.0057; May 1, 2026 $0.0044; Jun 1, 2026 $0.01; Jul 1, 2026 $0.01; Aug 3, 2026 $0.01; Sep 1, 2026 $0.0087; Oct 1, 2026 $0.01. Use the arrow keys to read each point.$0$12026YTD
UXRPIrregular · 1 paymentAll UXRP payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 24, 2025 $0.0019. Use the arrow keys to read each point.$0$12026YTD

ETHT vs UXRP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ETHT 153.7%since Jul 2024UXRP 93.0%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
ETHT −0.03since Jul 2024UXRP −1.81since Aug 2025
Worst fallMax drawdown, 5 years
ETHT −96.0%since Jun 2024UXRP −96.9%since Jul 2025
Market sensitivityBeta, 5 years
ETHT 5.26UXRP 1.80

ETHT and UXRP in the news

All news⁠

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