XRPT vs NMB

Comparison between Volatility Shares Trust XRP 2X ETF (XRPT, ETF) and Simplify National Muni Bond ETF (NMB, ETF).

XRPT vs NMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XRPT(ETF)	NMB(ETF)
Net Assets	$49M	$49M
Expense Ratio	N/A	0.52%
Max Drawdown	96.37%	15.60%
Sharpe Ratio	-1.39	0.59
5Y Beta	5.42	0.34

Net Assets

Winner

XRPT

$49M

NMB

$49M

Expense Ratio

XRPT

N/A

NMB

0.52%

Max Drawdown

XRPT

96.37%

Winner

NMB

15.60%

Sharpe Ratio

XRPT

-1.39

Winner

NMB

0.59

5Y Beta

XRPT

5.42

Winner

NMB

0.34

XRPT vs NMB - Historical Returns

Returns include dividend reinvestment.

Period	XRPT	NMB
1 month	+1.81%	-0.70%
3 months	-40.03%	+1.35%
6 months	-75.62%	+1.62%
1 year	-95.45%	+7.43%
Max(CAGR)	-87.76%	+3.91%

Winner

XRPT

+1.81%

NMB

-0.70%

XRPT

-40.03%

Winner

NMB

+1.35%

XRPT

-75.62%

Winner

NMB

+1.62%

XRPT

-95.45%

Winner

NMB

+7.43%

Max(CAGR)

XRPT

-87.76%

Winner

NMB

+3.91%

XRPT vs NMB - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	XRPT	NMB
2026	-76.87%	+1.24%
2025	-67.82%	+7.48%
2024	N/A	-1.90%

XRPT vs NMB Drawdown Comparison

The maximum drawdown for XRPT was -96.32%, occurring on Jun 25, 2026. This drawdown has not yet recovered.

The maximum drawdown for NMB was -13.67%, occurring on Apr 8, 2025. Recovery took 104 trading sessions.

The current XRPT drawdown is -95.45%. The current NMB drawdown is -1.42%.

Rank	XRPT	NMB
#1	-96.32% Jul 21, 2025 - Jun 25, 2026	-13.67% Dec 9, 2024 - May 12, 2025
#2	-31.79% May 22, 2025 - Jul 11, 2025	-7.26% May 13, 2025 - Oct 13, 2025
#3	-4.32% Jul 14, 2025 - Jul 16, 2025	-5.50% Oct 28, 2025 - Mar 24, 2026
#4	N/A	-3.24% Oct 1, 2024 - Nov 25, 2024
#5	N/A	-0.57% Oct 20, 2025 - Oct 24, 2025
#6	N/A	-0.51% Oct 13, 2025 - Oct 20, 2025
#7	N/A	-0.18% Sep 23, 2024 - Sep 27, 2024
#8	N/A	-0.18% Dec 4, 2024 - Dec 6, 2024
#9	N/A	-0.10% Sep 27, 2024 - Oct 1, 2024
#10	N/A	-0.09% Sep 16, 2024 - Sep 19, 2024