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ETHT vs XXRP

ProShares Ultra Ether ETF

ETHTANYSE Arca

Teucrium 2x Long Daily XRP ETF

XXRPDNYSE Arca

Overlap

Expense ratio

ETHT −1.81pt a year

ETHT0.96%XXRP2.77%

Avg volume · 30D

ETHT 4.2×the volume

ETHT1.72MXXRP410K

ETHT vs XXRP Performance

Oct 31, 2025 – Oct 30, 2026

−82.1%ETHT−89.3%XXRP

Oct 31, 2025 to Oct 30, 2026. ETHT −82.1%. XXRP −89.3%. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
ETHT 0.96%, better
XXRP 2.77%
Fund size
ETHT $213M
XXRP $125M
1Y total return
ETHT −82.1%, better
XXRP −89.3%
Yield (12M)
ETHT 1.74%
XXRP No data
Holdings
ETHT 1
XXRP 3
Avg volume (30D)
ETHT 1.72M sh, better
XXRP 410K sh
NAV per share
ETHT $13.05
XXRP $23.32
52W range

ETF.net Grade

ETHT: Cost 91, Risk 51, Mission 0, Tradability 74, Holdings not scored, Durability 72. XXRP: Cost 31, Risk 30, Mission not scored, Tradability 58, Holdings not scored, Durability 61.
Pillar letters and Scores for ETHT, XXRP, with each pillar’s weight
PillarETHTXXRP
Cost30% weightA91HigherD31
Mission25% weightF0Not scored
Risk15% weightC51HigherD30
Tradability15% weightA74HigherB58
Holdings10% weightNot scoredNot scored
Durability5% weightA72HigherB61

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 XXRP 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 XXRP 11th 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 9CTXXH21Shares 2x Long HYPE ETFScore 40
  5. Rank 11DXXRPTeucrium 2x Long Daily XRP ETFScore 39
  6. Rank 12DSOLT2x Solana ETFScore 38

Our read on each fund

ETF.net Research

ETHTAProShares Ultra Ether ETF

XXRPDTeucrium 2x Long Daily 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.

XXRP The first US ETF to put XRP exposure in an ordinary brokerage account, and it arrived with leverage attached: XXRP targets 2x XRP's daily move using swaps, not coins. Teucrium, the corn-and-wheat shop, beat the giants to the ticker.

Stated mandate

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

XXRP The fund seeks daily investment results, before fees and expenses, equal to two times the daily price performance of XRP.

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
  • XXRP First mover. Listed April 2025 as the first US-listed ETF offering XRP exposure of any kind, and the first leveraged one.etf.com
  • Aims for two times XRP's daily price move through swaps, so the exposure lives in a brokerage account: no exchange logins, wallets or private keys.teucrium.com
  • Built as a 1940 Act fund, so tax time brings a standard 1099 rather than the K-1 many commodity-pool crypto products issue.teucrium.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.
  • XXRP Pricey seat. The 2.77% expense ratio runs well above the leveraged-crypto median, and ProShares' UXRP chases the same 2x daily XRP target for 1.67%.
  • The 2x target resets every day. Hold longer and compounding takes over, so multi-day results can drift far from twice XRP's move, especially in choppy tape.teucrium.com
  • It owns swaps, not XRP. Returns depend on counterparties and on the spot XRP products those swaps reference, a layer between you and the coin.teucrium.com

Full ETHT profile⁠

Full XXRP profile⁠

ETHT vs XXRP 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 XXRP Cost

Overpaying XXRP vs ETHT

$23,432

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

  • ETHT 0.96%

    $18,034

  • XXRP 2.77%

    $41,466

$10,000
30 years

Cost over time

  • ETHT 0.96%
  • XXRP 2.77%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530XXRP $41,466ETHT $18,034

Year by year

YearETHTXXRPOverpaying
10$1,695$4,538$2,843
20$6,383$15,796$9,413
30$18,034$41,466$23,432

Expense ratio

  • 0.96%ETHT, cheaper
  • 2.77%XXRP
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

ETHT 3rd cheapest of 14 funds

XXRP 10th cheapest of 14 funds

ETHT vs XXRP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ETHT 1.74%
XXRP No data
Payout (12M)
ETHT $0.23
XXRP No data
Last payment
ETHT $0.01
XXRP $0.11
Ex-dividend
ETHT Oct 1, 2026
XXRP Feb 25, 2026
Paid on
ETHT Oct 7, 2026
XXRP Feb 26, 2026
Frequency
ETHT Monthly
XXRP 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$52026YTD
XXRPIrregular · 2 paymentsAll XXRP payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 24, 2025 $6.10; Feb 25, 2026 $0.11. Use the arrow keys to read each point.$0$52026YTD

ETHT vs XXRP 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 2024XXRP 98.9%since May 2025
Return per unit of riskSharpe ratio, 3 years
ETHT −0.03since Jul 2024XXRP −1.19since May 2025
Worst fallMax drawdown, 5 years
ETHT −96.0%since Jun 2024XXRP −97.0%since Apr 2025
Market sensitivityBeta, 5 years
ETHT 5.26XXRP 2.34

ETHT and XXRP in the news

All news⁠

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