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21BC.DE vs. DAGB.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

21BC.DE vs. DAGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in 21Shares Bitcoin Core ETP (21BC.DE) and VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

21BC.DE is traded in EUR, while DAGB.L is traded in GBP. To make them comparable, the DAGB.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 21BC.DE achieves a -26.52% return, which is significantly lower than DAGB.L's 30.30% return.


21BC.DE

1D
-3.72%
1M
-21.15%
YTD
-26.52%
6M
-30.93%
1Y
-40.57%
3Y*
30.47%
5Y*
10Y*

DAGB.L

1D
-3.19%
1M
6.34%
YTD
30.30%
6M
10.57%
1Y
47.66%
3Y*
52.51%
5Y*
-1.22%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

21BC.DE vs. DAGB.L - Yearly Performance Comparison


2026 (YTD)2025202420232022
21BC.DE
21Shares Bitcoin Core ETP
-26.52%-16.55%130.13%150.78%-35.06%
DAGB.L
VanEck Digital Assets Equity UCITS ETF A USD Acc
30.30%-2.59%37.51%334.86%-62.39%

Correlation

The correlation between 21BC.DE and DAGB.L is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.65

Correlation (3Y)
Calculated over the trailing 3-year period

0.65

Correlation (All Time)
Calculated using the full available price history since Jul 21, 2022

0.67

The correlation between 21BC.DE and DAGB.L has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.

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Return for Risk

21BC.DE vs. DAGB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

21BC.DE
21BC.DE Risk / Return Rank: 22
Overall Rank
21BC.DE Sharpe Ratio Rank: 11
Sharpe Ratio Rank
21BC.DE Sortino Ratio Rank: 22
Sortino Ratio Rank
21BC.DE Omega Ratio Rank: 22
Omega Ratio Rank
21BC.DE Calmar Ratio Rank: 22
Calmar Ratio Rank
21BC.DE Martin Ratio Rank: 11
Martin Ratio Rank

DAGB.L
DAGB.L Risk / Return Rank: 2525
Overall Rank
DAGB.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
DAGB.L Sortino Ratio Rank: 2828
Sortino Ratio Rank
DAGB.L Omega Ratio Rank: 2626
Omega Ratio Rank
DAGB.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
DAGB.L Martin Ratio Rank: 1919
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

21BC.DE vs. DAGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Bitcoin Core ETP (21BC.DE) and VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


21BC.DEDAGB.LDifference
Sharpe ratioReturn per unit of total volatility

-1.83

Sortino ratioReturn per unit of downside risk

-2.91

Omega ratioGain probability vs. loss probability

0.84

1.16

-0.33

Calmar ratioReturn relative to maximum drawdown

-0.82

1.03

-1.85

Martin ratioReturn relative to average drawdown

-1.44

1.87

-3.31

21BC.DE vs. DAGB.L - Sharpe Ratio Comparison

The current 21BC.DE Sharpe Ratio is -1.02, which is lower than the DAGB.L Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of 21BC.DE and DAGB.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


21BC.DEDAGB.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.02

0.81

-1.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

-0.05

+0.56

Drawdowns

21BC.DE vs. DAGB.L - Drawdown Comparison

The maximum 21BC.DE drawdown since its inception was -49.40%, smaller than the maximum DAGB.L drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for 21BC.DE and DAGB.L.


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Drawdown Indicators


21BC.DEDAGB.LDifference

Max Drawdown

Largest peak-to-trough decline

-49.40%

-91.51%

+42.11%

Max Drawdown (1Y)

Largest decline over 1 year

-49.40%

-45.95%

-3.45%

Max Drawdown (3Y)

Largest decline over 3 years

-49.40%

-59.66%

+10.26%

Max Drawdown (5Y)

Largest decline over 5 years

-91.51%

Current Drawdown

Current decline from peak

-48.60%

-34.34%

-14.26%

Average Drawdown

Average peak-to-trough decline

-14.08%

-57.53%

+43.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

28.16%

25.40%

+2.76%

Volatility

21BC.DE vs. DAGB.L - Volatility Comparison

The current volatility for 21Shares Bitcoin Core ETP (21BC.DE) is 9.82%, while VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) has a volatility of 16.63%. This indicates that 21BC.DE experiences smaller price fluctuations and is considered to be less risky than DAGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


21BC.DEDAGB.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.82%

16.63%

-6.81%

Volatility (6M)

Calculated over the trailing 6-month period

31.06%

40.63%

-9.57%

Volatility (1Y)

Calculated over the trailing 1-year period

39.61%

58.43%

-18.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46.63%

72.35%

-25.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46.63%

72.16%

-25.53%

21BC.DE vs. DAGB.L - Expense Ratio Comparison

21BC.DE has a 0.10% expense ratio, which is lower than DAGB.L's 0.65% expense ratio.


Dividends

21BC.DE vs. DAGB.L - Dividend Comparison

Neither 21BC.DE nor DAGB.L has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


21BC.DE and DAGB.L have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, 21BC.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

21BC.DE is cheaper with a 0.10% expense ratio, compared with 0.65% for DAGB.L.

21BC.DE is categorized as Cryptocurrency, while DAGB.L is Technology Equities. They also come from different issuers: 21Shares and VanEck. Their fees differ too: 0.10% for 21BC.DE and 0.65% for DAGB.L.

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