ETF Evaluator:
REX-Osprey XRP ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Digital Assets Over the Last Year
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Risk
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Risk
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ETF Details
REX-Osprey XRP ETF Overview
REX-Osprey XRP ETF (XRPR) is an actively managed Miscellaneous Digital Assets exchange-traded fund (ETF). Rex launched the ETF in 2025.
The investment seeks investment results of the performance, before fees and expenses, of XRP (“XRP” or the “Reference Asset”).
The fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the reference asset and other assets that provide exposure to the Reference Asset. It will invest directly or through the REX-OspreyTM XRP Subsidiary. The fund is non-diversified.
About REX-Osprey XRP ETF (XRPR)
There are 2 members of the management team with an average tenure of 0.87 years: Matthew Pelletier (2025) and Matthew Holcomb (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
REX-Osprey XRP ETF has 5 securities in its portfolio. The top 10 holdings constitute 62.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
REX-Osprey XRP ETF is part of the Other global asset class and is within the Miscellaneous ETF group. REX-Osprey XRP ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). REX-Osprey XRP ETF has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $40 million in total assets, which is below the $564 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
XRPR Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The REX-Osprey XRP ETF expense ratio is above average compared to funds in the Digital Assets category. REX-Osprey XRP ETF has an expense ratio of 0.75%, which is 23% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. REX-Osprey XRP ETF has a portfolio turnover rate of 35%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 82% for the Digital Assets category.
Recently, in the month of July 2026, REX-Osprey XRP ETF returned 1.5%, which earned it a grade of C, as the Digital Assets category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
REX-Osprey XRP ETF has a trailing yield of 0.00%, which is below the 15.12% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
REX-Osprey XRP ETF Grades
Year to date, the ETF has returned -42.5%, 11.8 percentage points worse than the category, which translates into a grade of F.
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XRPR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| XRPR Return (NAV) | 1.5% | -22.6% | na | na | na | na |
| XRPR Return (Price) | 0.0% | 0.0% | na | na | na | na |
| NAV +/- Price Return | 1.495% | -22.634% | na | na | na | na |
| Digital Assets Avg | 2.9% | -16.7% | -32.2% | 6.2% | -17.1% | 54.9% |
| XRPR Grade (NAV) | C | D | na | na | na | na |
| +/- Category (NAV) | -1.5% | -5.9% | na | na | na | na |
| XRPR Tax-Cost Ratio | na | na | na | na | na | na |
XRPR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| XRPR Return (NAV) | -42.5% | na | na | na | na | na | na | na | na | na | na |
| XRPR Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Digital Assets Avg | -30.7% | -9.9% | 65.8% | 127.8% | -72.3% | 199.4% | 175.1% | 11.8% | -81.4% | 1391.4% | 119.9% |
| XRPR Grade (NAV) | F | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -11.8% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 41 Mil |
| Share Class Assets: | $ 41 Mil |
| Turnover: | 35.3% |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.9 years | |||
| Average Tenure: 0.9 years | |||
| Managers (Year): Pelletier Matthew (2025), Holcomb Matthew (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 62.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 100.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Rex |
| Phone Number: | 844-802-4004 |
| Website: | |
| Inception Date: | September 17, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.97% |
