REX-Osprey XRP ETF (XRPR) — Stock Correlations & Overview
Over the past year, XRPR has moved most closely with XRPI, XRPT, UXRP. Explore the stocks most correlated and inversely correlated with XRPR below, along with its price, financials, and company profile.
Stocks correlated with XRPR
Correlation of daily returns. Higher positive values move with XRPR; negative values move opposite it. Informational only, not investment advice.
Most correlated with XRPR
| Symbol | Company | Correlation |
|---|---|---|
| XRPI | Volatility Shares Trust XRP ETF | 1.00 |
| XRPT | Volatility Shares Trust XRP 2X ETF | 0.99 |
| UXRP | Proshares Ultra XRP ETF | 0.99 |
| XXRP | Teucrium 2x Long Daily XRP ETF | 0.99 |
| NCIQ | Hashdex Nasdaq CME Crypto Index ETF Shares of Beneficial InterestCOMMODITY CONTRACTS BROKERS & DEALERS | 0.90 |
Frequently asked questions about XRPR correlations
- Which stocks are most correlated with XRPR?
- Based on one year of daily returns, the stocks most correlated with REX-Osprey XRP ETF (XRPR) are XRPI (1.00), XRPT (0.99) and UXRP (0.99). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with XRPR?
- Over the past year, the stocks most inversely correlated with REX-Osprey XRP ETF (XRPR) are BTCZ (-0.87), SBIT (-0.87) and BITI (-0.85). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these XRPR correlations calculated?
- We compute the correlation of daily returns between XRPR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.