21XH.DE vs. VNQ

Last updated Jun 5, 2026

21XH.DE (21Shares Crypto Basket Index ETP) and VNQ (Vanguard Real Estate ETF) are both exchange-traded funds - 21XH.DE is a Cryptocurrency fund tracking the HODL Index, while VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. Both are passively managed. Over the past 3 years, 21XH.DE returned 14.34%/yr vs 7.27%/yr for VNQ. At a 0.15 correlation, their price movements are largely independent. 21XH.DE charges 0.99%/yr vs 0.13%/yr for VNQ.

Performance

21XH.DE vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in 21Shares Crypto Basket Index ETP (21XH.DE) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

21XH.DE is traded in EUR, while VNQ is traded in USD. To make them comparable, the VNQ values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 21XH.DE achieves a -32.27% return, which is significantly lower than VNQ's 12.72% return.

21XH.DE

• 1D: -3.94%
• 1M: -20.10%
• YTD: -32.27%
• 6M: -34.48%
• 1Y: -37.61%
• 3Y*: 14.34%
• 5Y*: —
• 10Y*: —

VNQ

• 1D: 1.53%
• 1M: 1.66%
• YTD: 12.72%
• 6M: 10.98%
• 1Y: 11.77%
• 3Y*: 7.27%
• 5Y*: 3.81%
• 10Y*: 5.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

21XH.DE vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
21XH.DE 21Shares Crypto Basket Index ETP	-32.27%	-18.66%	82.15%	126.74%	-72.72%	4.29%
VNQ Vanguard Real Estate ETF	12.72%	-9.01%	11.73%	8.50%	-21.68%	14.12%

Correlation

The correlation between 21XH.DE and VNQ is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.15

Return for Risk

21XH.DE vs. VNQ — Risk / Return Rank

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

21XH.DE

21XH.DE Risk / Return Rank: 3
21XH.DE Sharpe Ratio Rank: 3
21XH.DE Sortino Ratio Rank: 3
21XH.DE Omega Ratio Rank: 3
21XH.DE Calmar Ratio Rank: 3
21XH.DE Martin Ratio Rank: 3

VNQ

VNQ Risk / Return Rank: 28
VNQ Sharpe Ratio Rank: 27
VNQ Sortino Ratio Rank: 26
VNQ Omega Ratio Rank: 26
VNQ Calmar Ratio Rank: 31
VNQ Martin Ratio Rank: 33

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.

21XH.DE vs. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Crypto Basket Index ETP (21XH.DE) and Vanguard Real Estate ETF (VNQ). 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.

	21XH.DE	VNQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	0.91	-1.74
Sortino ratio: Return per unit of downside risk	-1.15	1.29	-2.44
Omega ratio: Gain probability vs. loss probability	0.88	1.17	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.70	1.69	-2.38
Martin ratio: Return relative to average drawdown	-1.20	4.30	-5.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

21XH.DE vs. VNQ - Sharpe Ratio Comparison

The current 21XH.DE Sharpe Ratio is -0.83, which is lower than the VNQ Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of 21XH.DE and VNQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	21XH.DE	VNQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	0.91	-1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.25	-0.41

Drawdowns

21XH.DE vs. VNQ - Drawdown Comparison

The maximum 21XH.DE drawdown since its inception was -81.74%, which is greater than VNQ's maximum drawdown of -66.71%. Use the drawdown chart below to compare losses from any high point for 21XH.DE and VNQ.

Drawdown Indicators

	21XH.DE	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	-81.74%	-66.71%	-15.03%
Max Drawdown (1Y) Largest decline over 1 year	-55.27%	-7.01%	-48.26%
Max Drawdown (3Y) Largest decline over 3 years	-55.27%	-20.46%	-34.81%
Max Drawdown (5Y) Largest decline over 5 years	—	-31.09%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.98%	—
Current Drawdown Current decline from peak	-58.45%	-4.75%	-53.70%
Average Drawdown Average peak-to-trough decline	-49.71%	-13.79%	-35.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.39%	2.74%	+29.65%

Volatility

21XH.DE vs. VNQ - Volatility Comparison

21Shares Crypto Basket Index ETP (21XH.DE) has a higher volatility of 9.84% compared to Vanguard Real Estate ETF (VNQ) at 3.79%. This indicates that 21XH.DE's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	21XH.DE	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.84%	3.79%	+6.05%
Volatility (6M) Calculated over the trailing 6-month period	34.24%	9.46%	+24.78%
Volatility (1Y) Calculated over the trailing 1-year period	46.36%	13.04%	+33.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.59%	18.12%	+37.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.59%	20.88%	+34.71%

21XH.DE vs. VNQ - Expense Ratio Comparison

21XH.DE has a 0.99% expense ratio, which is higher than VNQ's 0.13% expense ratio.

Dividends

21XH.DE vs. VNQ - Dividend Comparison

21XH.DE has not paid dividends to shareholders, while VNQ's dividend yield for the trailing twelve months is around 3.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
21XH.DE 21Shares Crypto Basket Index ETP	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNQ Vanguard Real Estate ETF	3.60%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Frequently Asked Questions

Can I hold both 21XH.DE and VNQ in my portfolio?

21XH.DE and VNQ have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 21XH.DE or VNQ?

On fees, VNQ is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 21XH.DE or VNQ?

VNQ is cheaper with a 0.13% expense ratio, compared with 0.99% for 21XH.DE.

What is the main difference between 21XH.DE and VNQ?

21XH.DE is categorized as Cryptocurrency, while VNQ is REIT. 21XH.DE tracks HODL Index, while VNQ tracks MSCI US Investable Market Real Estate 25/50 Index. They also come from different issuers: 21Shares and Vanguard. Their fees differ too: 0.99% for 21XH.DE and 0.13% for VNQ.