UXRPProShares Ultra XRP ETF
Seeks daily investment results of 200% of the daily performance of the Bloomberg XRP Index.
By ProShares · Launched 2025
1.67%
#5,486 of 5,562 · expensive
$39M
#3,797 of 5,562 · small
N/A
11 months
#4,573 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 2 holdings = 6.8% of fund✓ well diversified
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily performance of the Bloomberg XRP Index.
- Strategy
- Invests primarily in derivatives, including XRP Futures Contracts, to achieve 2x daily exposure to the Bloomberg XRP Index. The Fund rebalances daily to maintain its target exposure, using cash and money market instruments for liquidity.
- Inception date
- July 14, 2025
- Fund family
- ProShares
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
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 2026-06-19