Volatility Shares[…]

XRP ETFXRPI

1D 1M 3M YTD 1Y3Y5YMAX

S&P 500 Compare

$6.25−4.9%

−$0.32 · Nov 6 close

Buy

AUM: $92M
Fee: 1.68%
Yield: 3.0%

Bumpy · 1Y: 5.4×S&P
Volume: 265K
NAV: $6.56

What's insideAll 2 →

Cash & Other 50.0%CME XRP Futures Nov26 50.0%

52-week range59% below the high

$5.42$15.24

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	−4.9%	−15.3%	+12.6%	−39.8%	−54.2%	—	—	−59.3%
S&P 500 · VOO	+0.3%	−5.0%	−4.6%	+8.7%	+9.8%	+80.8%	+71.8%	—

XRPI in One Breath

XRPI Among Its Peers

YTD

#1XRPIVolatility Shares−39.8%$92.4M

End-of-day Nov 7, 2026 · 1 ETFs by YTD

$10,000 in XRPI

$10,000 in XRPI became

$4,069

In the S&P 500 (VOO)

$12,833

Total return, dividends in · May 22, 2025 – Nov 6, 2026 · S&P 500 uses VOO

XRPI’s Top Holdings

Today

Cash & OtherCash & Other50.0%CME XRP Futu50.0%

Volatility Shares XRPI · 2 holdings · tile size = share of the fund · as of Nov 6, 2026

What XRPI Holds

Today

All holdings100.0%

Cash & Oth 50.0 · CME XRP Fu 50.0

Volatility Shares XRPI · share of the fund · as of Nov 6, 2026

Cash’s Share of XRPI

Today

50.0%

$500 of every $1,000 in XRPI is Cash

Cash held by XRPI

$46.2M

Volatility Shares XRPI · each square = $10 of $1,000 · as of Nov 6, 2026

XRPI’s Size vs Its Peers

Today

$92.4Mthe largest ETF

AUM · XRPI and the 0 largest peers · Nov 7, 2026

XRPI Fee per $100 vs Peers

Today

$1.68a year
per $100

$168 a year on $10,000

XRPI$1.68

Expense ratio · peers · Nov 7, 2026

Inside XRPI

2 holdings · as of Nov 6, 2026

XRPI

XRP ETF

Today

All holdings100.0%Cash & OtherCash & Other50.0%CME XRP Fu50.0%

#	Ticker	Company		Weight ▼
1	—	Cash & Other		50.01%
2	—	CME XRP Futures Nov26		49.99%

See all 2 holdings ↓

Volatility Shares XRPI · current holdings by weight · as of Nov 6, 2026 · each tile is one holding

All XRPI Holdings

2 holdings · as of Nov 6, 2026

XRPI

XRPI’s Holdings

Today

#
1	—Cash & Other	50.01%	$5,000.87	92.4M	$92.4M
2	—CME XRP Futures Nov26	49.99%	$4,999.13	1,501	$92.4M

Volatility Shares XRPI · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

XRPI

XRP ETF’s Peers

Today

XRPI has no close peers in our data yet: […]

Similar peers · Today’s and past-year returns · as of Nov 8, 2026 · sorted by AUM

Head to Head

XRPI vs VOO

YTD

XRPI · XRP

−39.8%

VOO · S&P 500

+8.7%

Gap

48.5 pts

Volatility Shares XRPI and Vanguard VOO · Today total return · as of Nov 8, 2026

XRPI vs Its Peer Average

YTD

XRPIAvsBPeer average

1D−4.9%[…]

1M−15.3%[…]

3M+12.6%[…]

YTD−39.8%[…]

1Y−54.2%[…]

0–0level

0 peers · each row scaled to its leader

How Bumpy Is XRPI?

View

XRPI

How Bumpy

5.4×the S&P 500’s swings

CalmerBumpierS&P 1×XRPI

S&P 500 swings · 1Y13.6%

Volatility Shares XRPI · daily swings over the past year vs the S&P 500

XRPI

Worst Drop

−63.5%from its Nov 10 high

Still below the high−57.9%

$10,000 at the high is now$4,210

Volatility Shares XRPI · fall from the highest close, past year

XRPI

On a Bad Day

3.0×the S&P 500’s fall

XRPI’s worst day: Thursday, Feb 5

XRPI

−22.7%

S&P 500

−1.2%

Up days41 of every 100

S&P 500 up days52 of every 100

Volatility Shares XRPI · average move on days the S&P 500 fell

XRPI

Return for the Bumps

#1XRPIVolatility Shares

lost money

No peers with a full year of prices to rank against yet.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

XRPI

Cost

Today

$168a year per $10,000

XRPI

$168

Expense ratio 1.68%, taken from the fund’s value

XRPI

Volatility & Beta

73.3%annual volatility

S&P 500 volatility13.6%

Downside volatility47.7%

Beta vs SPY2.39

Correlation vs SPY0.44

Daily total returns × √252 · past 254 trading days

XRPI

Max Drawdown

−63.5%peak to trough

Peak closeNov 10, 2025

Current drawdown−57.9%

Worst day−22.75% · Feb 5

Closing prices, dividends in

XRPI

Up / Down Capture

296%down capture vs SPY

Down days

296%

Up days

208%

S&P 500

100%

Up ÷ down capture0.70

Up days40.9% (S&P 52.0%)

Average daily move on SPY up days and down days

XRPI

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
XRPI	−0.77	−1.19	73.3%	−63.5%	2.39	$168

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

XRPI

Trading

Today

−4.73%below its holdings’ value

Close$6.25

NAV$6.56

Fee per $10,000$168 a year

Avg. volume 30D184K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 6

The Details

XRPI

Fund Facts

Today

2025launched May 22

Tracks[…]

Exchange · CUSIPNASDAQ · 92864M780

StructureETF

Leverage1x

Cost on $10,000$168 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Volatility Shares XRPI · fund facts · as of Nov 8, 2026

XRPI

Payouts by Year

$0.0143per share, Oct 2026

Distribution yield3.0%

PaidEvery month

Latest ex-date · paidOct 21 · Oct 22, 2026

12 payouts added up$0.19 a share

Volatility Shares XRPI · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.

Trading & Liquidity

Net asset value$6.56

Premium / discount[…]

Median spread · 30D[…]

Volume today265K

Average volume · 30D184K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.68%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$168.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 21, 2026	Oct 22, 2026	$0.0143
Sep 23, 2026	Sep 24, 2026	$0.0144
Aug 19, 2026	Aug 20, 2026	$0.0100
Jul 22, 2026	Jul 23, 2026	$0.0120
Jun 17, 2026	Jun 18, 2026	$0.0117
May 20, 2026	May 21, 2026	$0.0135
Apr 22, 2026	Apr 23, 2026	$0.0150
Mar 18, 2026	Mar 19, 2026	$0.0135
Feb 18, 2026	Feb 19, 2026	$0.0160
Jan 21, 2026	Jan 22, 2026	$0.0260
Dec 15, 2025	Dec 16, 2025	$0.0147
Nov 25, 2025	Nov 26, 2025	$0.0240

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