21BC.DE vs. DAVV.DE
21BC.DE (21Shares Bitcoin Core ETP) and DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) are both exchange-traded funds - 21BC.DE is a Cryptocurrency fund actively managed by 21Shares, while DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity. 21BC.DE is actively managed, while DAVV.DE is passively managed. Over the past 3 years, 21BC.DE returned 26.95%/yr vs 24.86%/yr for DAVV.DE. A 0.70 correlation means they provide meaningful diversification when combined. 21BC.DE charges 0.10%/yr vs 0.65%/yr for DAVV.DE.
Performance
21BC.DE vs. DAVV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 21BC.DE achieves a -26.18% return, which is significantly lower than DAVV.DE's 1.41% return.
21BC.DE
- 1D
- 0.00%
- 1M
- 0.34%
- 6M
- -31.01%
- YTD
- -26.18%
- 1Y
- -45.38%
- 3Y*
- 26.95%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 24.11%
DAVV.DE
- 1D
- 0.00%
- 1M
- -22.77%
- 6M
- -15.01%
- YTD
- 1.41%
- 1Y
- -9.27%
- 3Y*
- 24.86%
- 5Y*
- -3.57%
- 10Y*
- —
- ALL TIME*
- -8.34%
21BC.DE vs. DAVV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
21BC.DE 21Shares Bitcoin Core ETP | -26.18% | -16.55% | 130.13% | 150.78% | -33.26% |
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 1.41% | -0.68% | 37.42% | 337.08% | -57.91% |
Correlation
The correlation between 21BC.DE and DAVV.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022 | 0.70 |
The correlation between 21BC.DE and DAVV.DE has been stable across timeframes, ranging from 0.68 to 0.70 - a consistent structural relationship.
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Return for Risk
21BC.DE vs. DAVV.DE — Risk / Return Rank
21BC.DE
DAVV.DE
21BC.DE vs. DAVV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Bitcoin Core ETP (21BC.DE) and VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 21BC.DE | DAVV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.02 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | -0.20 | -0.67 |
| Martin ratioReturn relative to average drawdown | -1.38 | -0.35 | -1.02 |
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Drawdowns
21BC.DE vs. DAVV.DE - Drawdown Comparison
The maximum 21BC.DE drawdown since its inception was -52.29%, smaller than the maximum DAVV.DE drawdown of -91.53%. Use the drawdown chart below to compare losses from any high point for 21BC.DE and DAVV.DE.
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Drawdown Indicators
| 21BC.DE | DAVV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.29% | -91.53% | +39.24% |
Max Drawdown (1Y)Largest decline over 1 year | -52.29% | -45.68% | -6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -52.29% | -60.00% | +7.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -91.53% | — |
Current DrawdownCurrent decline from peak | -48.36% | -47.83% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -15.13% | -57.36% | +42.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.96% | 26.23% | +6.73% |
Volatility
21BC.DE vs. DAVV.DE - Volatility Comparison
The current volatility for 21Shares Bitcoin Core ETP (21BC.DE) is 10.32%, while VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a volatility of 13.53%. This indicates that 21BC.DE experiences smaller price fluctuations and is considered to be less risky than DAVV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 21BC.DE | DAVV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.32% | 13.53% | -3.21% |
Volatility (6M)Calculated over the trailing 6-month period | 30.11% | 40.23% | -10.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.84% | 60.73% | -19.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.73% | 70.97% | -24.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.73% | 70.36% | -23.63% |
21BC.DE vs. DAVV.DE - Expense Ratio Comparison
21BC.DE has a 0.10% expense ratio, which is lower than DAVV.DE's 0.65% expense ratio.
Dividends
21BC.DE vs. DAVV.DE - Dividend Comparison
Neither 21BC.DE nor DAVV.DE has paid dividends to shareholders.
Frequently Asked Questions
21BC.DE and DAVV.DE have a correlation of 0.68, 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 DAVV.DE.
21BC.DE is categorized as Cryptocurrency, while DAVV.DE 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 DAVV.DE.
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