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UXRPProShares Ultra XRP ETF

Take a bet1y track recordRanked #559 of 949 in this goal

Seeks daily investment results that correspond to two times (2x) the daily performance of the Bloomberg XRP Index.

By ProShares · Launched 2025

Annual Cost

1.67%

#5,782 of 5,861 · expensive

Fund Size

$39M

#3,902 of 5,861 · mid-size

Return (1Y)Goal

-95.0%

Track Record

1 year

#4,473 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$514-94.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Cryptocurrency

Strategy

Leveraged

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

N/A
-3.8%
N/A
-5.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
143.0%High

Year-on-year price swings

Max drawdown
-96.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to two times (2x) the daily performance of the Bloomberg XRP Index.
Strategy
Invests in derivatives to achieve daily returns that correspond to two times (2x) the price of XRP, primarily through XRP Futures Contracts. The Fund does not invest directly in XRP and aims to maintain leveraged exposure to at least 80% of its total assets in components of the Index.
Inception date
July 14, 2025
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04