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HBR vs XRPZ

Canary HBAR ETF

HBRDNasdaq

Franklin XRP ETF

XRPZANYSE Arca

Overlap

0.0%by weight

Expense ratio

XRPZ −0.76pt a year

HBR0.95%XRPZ0.19%

Avg volume · 30D

XRPZ 5.8×the volume

HBR90.4KXRPZ523K

HBR vs XRPZ Performance

Dec 31, 2025 – Nov 3, 2026

−35.5%HBR−30.2%XRPZ

Dec 31, 2025 to Nov 3, 2026. HBR −35.5%. XRPZ −30.2%. Use the arrow keys to read each point.−20%−10%0%10%20%Dec 2025Jun 2026Nov 2026
Expense ratio
HBR 0.95%
XRPZ 0.19%, better
Fund size
HBR $55M
XRPZ $387M
1Y total return
HBR −60.8%
XRPZ No data
Holdings
HBR 2
XRPZ 1
Avg volume (30D)
HBR 90.4K sh
XRPZ 523K sh, better
NAV per share
HBR $9.42
XRPZ $13.55
52W range

ETF.net Grade

HBR: Cost 10, Risk 13, Mission 67, Tradability 58, Holdings not scored, Durability 56. XRPZ: Cost 100, Risk 44, Mission 99, Tradability 82, Holdings not scored, Durability 84.
Pillar letters and Scores for HBR, XRPZ, with each pillar’s weight
PillarHBRXRPZ
Cost30% weightF10A100Higher
Mission25% weightB67A99Higher
Risk15% weightF13C44Higher
Tradability15% weightB58A82Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB56A84Higher

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. HBR and XRPZ 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 ›

XRPZ ranks 1st and HBR 21st of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 80
  3. Rank 21DDOJEREX-Osprey DOGE ETFScore 36
  4. Rank 21DHBRCanary HBAR ETFScore 36
  5. Rank 23DSUISCanary Staked SUI ETFScore 32

Our read on each fund

ETF.net Research

HBRDCanary HBAR ETF

XRPZAFranklin XRP ETF

In short

HBR A single-token wrapper for Hedera's HBAR: the trust holds the coin and passes through its value, minus expenses. Brokerage-account access to one crypto asset, priced at 0.95% a year.

XRPZ No data

Stated mandate

HBR The Trust seeks exposure to the value of HBAR held by it, after deducting operating expenses and other liabilities.

XRPZ No data

Why people hold it

  • HBR Pure play by design: the trust seeks exposure to the value of the HBAR it holds, after expenses. No basket, no proxy stocks, no wallet or private keys to manage.
  • One of the newer names in the single-token aisle, launched October 2025, alongside spot wrappers for Sui, XRP, Chainlink and Polkadot.
  • Trades on-exchange through the day with the usual ETF plumbing (custody, market makers, brokerage reporting) rather than an exchange account and self-custody.

XRPZ No data

Worth knowing

  • HBR Fee is the headline trade-off: 0.95% a year, above the spot-crypto median, while single-token rivals such as TSUI and TDOT list 0.30%.
  • No distributions: everything rides on HBAR's price minus expenses, and single-token crypto swings hard in both directions.
  • Small and young: a modest asset base and a track record measured in months, so trading costs can vary with conditions.

XRPZ No data

Full HBR profile⁠

Full XRPZ profile⁠

HBR vs XRPZ Holdings

How HBR and XRPZ differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of HBR and 0.0% of XRPZ.

Level by level

  • Holdings0 in both0.0%
  • Asset classAlternatives100%

Sector

No Sector split for HBR and XRPZ.

Country, concentration and asset class

Country by domicile

No country split for HBR and XRPZ.

Concentration

Weight in the 10 largest Holdings

  • HBR100.0%
  • XRPZ100.0%

Securities held

  • HBR1
  • XRPZ1

Asset class

HBR
Alternatives
XRPZ
Alternatives

Holdings

  • Only in HBR1
  • In both0
  • Only in XRPZ1

Only in HBR

1 security, 100% of HBR by weight

  • Hedera100.00%

Only in XRPZ

1 security, 100% of XRPZ by weight

  • Xrp100.02%

Weight gaps

HBR and XRPZ share no securities.

All HBR holdings⁠All 2 XRPZ 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.

HBR vs XRPZ Cost

Overpaying HBR vs XRPZ

$13,917

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

  • HBR 0.95%

    $17,869

  • XRPZ 0.19%

    $3,952

$10,000
30 years

Cost over time

  • HBR 0.95%
  • XRPZ 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530HBR $17,869XRPZ $3,952

Year by year

YearHBRXRPZOverpaying
10$1,678$347$1,331
20$6,322$1,351$4,971
30$17,869$3,952$13,917

Expense ratio

  • 0.95%HBR
  • 0.19%XRPZ, cheaper
  • Middle half of Crypto Spot funds
  • Median 0.35%

XRPZ cheapest of 25 funds

HBR 22nd cheapest of 25 funds

HBR vs XRPZ Dividends

Last 12 months to Nov 3, 2026
Payout (12M)
HBR None
XRPZ None

Distribution history

HBRAll HBR payments⁠

No distribution history available.

XRPZAll XRPZ payments⁠

No distribution history available.

HBR vs XRPZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HBR 76.5%since Nov 2025XRPZ No data
Return per unit of riskSharpe ratio, 3 years
HBR −1.00since Nov 2025XRPZ No data
Worst fallMax drawdown, 5 years
HBR −67.7%since Oct 2025XRPZ No data
Market sensitivityBeta, 5 years
HBR 1.29XRPZ 1.09

HBR and XRPZ in the news

All news⁠

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