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GDOG vs XRP

Grayscale Dogecoin Trust ETF

GDOGBNYSE Arca

Bitwise XRP ETF

XRPANYSE Arca

Overlap

Expense ratio

XRP −0.01pt a year

GDOG0.35%XRP0.34%

Avg volume · 30D

XRP 30.4×the volume

GDOG43.3KXRP1.31M

GDOG vs XRP Performance

Dec 31, 2025 – Oct 30, 2026

−35.9%GDOG−32.2%XRP

Dec 31, 2025 to Oct 30, 2026. GDOG −35.9%. XRP −32.2%. Use the arrow keys to read each point.−20%0%20%Dec 2025Jun 2026Oct 2026
Expense ratio
GDOG 0.35%
XRP 0.34%, better
Fund size
GDOG $11M
XRP $516M
Holdings
GDOG 1
XRP 1
Avg volume (30D)
GDOG 43.3K sh
XRP 1.31M sh, better
NAV per share
GDOG $8.83
XRP $14.32
52W range

ETF.net Grade

GDOG: Cost 48, Risk 27, Mission 96, Tradability 65, Holdings not scored, Durability 56. XRP: Cost 68, Risk 50, Mission 99, Tradability 76, Holdings not scored, Durability 75.
Pillar letters and Scores for GDOG, XRP, with each pillar’s weight
PillarGDOGXRP
Cost30% weightC48B68Higher
Mission25% weightA96A99Higher
Risk15% weightD27C50Higher
Tradability15% weightB65A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB56A75Higher

Rank among Crypto Spot funds

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

Same Category. GDOG and XRP are both graded against the same 25 Crypto Spot funds, so their Grades compare head to head.

Crypto Spot⁠

Category · 25 funds
See all 25 ›

XRP ranks 4th and GDOG 11th of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 81
  3. Rank 3ATHYP21Shares Hyperliquid ETFScore 77
  4. Rank 4AXRPBitwise XRP ETFScore 75
  5. Rank 5ATOXR21shares XRP ETFScore 73
  6. Rank 10BBAVABitwise Avalanche ETFScore 62
  7. Rank 11BGDOGGrayscale Dogecoin Trust ETFScore 61
  8. Rank 12BGLNKGrayscale Chainlink Trust LinkScore 59

Our read on each fund

ETF.net Research

GDOGBGrayscale Dogecoin Trust ETF

XRPABitwise XRP ETF

In short

GDOG No data

XRP Bitwise won the naming fight: its spot fund trades under the coin's own ticker. Underneath it is plain plumbing, XRP in cold storage at Coinbase, priced off a CME CF reference rate, one all-in 0.34% fee.

Stated mandate

GDOG No data

XRP The Fund holds spot XRP to give investors indirect exposure to XRP through exchange-traded shares.

Why people hold it

GDOG No data

  • XRP One unitary 0.34% sponsor fee, with the sponsor covering most routine operating expenses. That undercuts Canary's XRPC (0.50%) for the same spot XRP exposure.sec.gov
  • Boring by design: spot XRP only, no derivatives or leverage, held in segregated cold storage at Coinbase Custody with BNY Mellon handling administration and transfer agency.sec.gov
  • NAV is struck against the CME CF XRP-Dollar Reference Rate (New York Variant), which aggregates executed trade flow from major XRP platforms instead of leaning on one venue's print.sec.gov
  • Actively traded since day one, and it sits in the upper tier of US spot crypto funds on trading quality.

Worth knowing

GDOG No data

  • XRP One coin, one risk. Shares follow XRP and nothing else, and single-asset crypto moves are large in both directions.
  • Not the cheapest ticket on the shelf: 21Shares' TOXR carries the same spot XRP exposure at 0.30%.
  • Launched in November 2025, so the trading and tracking record is short, and the fund makes no distributions.

Full GDOG profile⁠

Full XRP profile⁠

GDOG vs XRP 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.

GDOG vs XRP Cost

Overpaying GDOG vs XRP

$194

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

  • GDOG 0.35%

    $7,126

  • XRP 0.34%

    $6,932

$10,000
30 years

Cost over time

  • GDOG 0.35%
  • XRP 0.34%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530GDOG $7,126XRP $6,932

Year by year

YearGDOGXRPOverpaying
10$634$616$18
20$2,454$2,386$68
30$7,126$6,932$194

Expense ratio

  • 0.35%GDOG
  • 0.34%XRP, cheaper
  • Middle half of Crypto Spot funds
  • Median 0.35%

XRP 7th cheapest of 25 funds

GDOG 11th cheapest of 25 funds

GDOG vs XRP Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
GDOG None
XRP None

Distribution history

GDOGAll GDOG payments⁠

No distribution history available.

XRPAll XRP payments⁠

No distribution history available.

GDOG vs XRP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
GDOG 1.94XRP 0.79

GDOG and XRP in the news

All news⁠

Popular comparisons

  • GDOGBvsXRPZA

    Grayscale Dogecoin Trust ETF · Franklin XRP ETF

    Expense ratio
    0.35% · 0.19%
    Category
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  • GDOGBvsHYPGA

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  • XRPAvsHYPGA

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    Expense ratio
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    Category
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  • GDOGBvsTHYPA

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    Expense ratio
    0.35% · 0.30%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • XRPAvsTHYPA

    Bitwise XRP ETF · 21Shares Hyperliquid ETF

    Expense ratio
    0.34% · 0.30%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.