2UNI.DE vs. SUI-USD

Last updated Jun 5, 2026

2UNI.DE (21Shares Uniswap ETP) is Cryptocurrency fund actively managed by 21Shares, while SUI-USD (Sui) is a cryptocurrency. Over the past 3 years, 2UNI.DE returned -22.20%/yr vs -6.87%/yr for SUI-USD. At a 0.31 correlation, their price movements are largely independent.

Performance

2UNI.DE vs. SUI-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in 21Shares Uniswap ETP (2UNI.DE) and Sui (SUI-USD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

2UNI.DE is traded in EUR, while SUI-USD is traded in USD. To make them comparable, the SUI-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 2UNI.DE achieves a -55.01% return, which is significantly lower than SUI-USD's -47.66% return.

2UNI.DE

• 1D: -7.36%
• 1M: -21.31%
• YTD: -55.01%
• 6M: -52.51%
• 1Y: -59.52%
• 3Y*: -22.20%
• 5Y*: —
• 10Y*: —

SUI-USD

• 1D: -5.23%
• 1M: -26.01%
• YTD: -47.66%
• 6M: -53.23%
• 1Y: -75.53%
• 3Y*: -6.87%
• 5Y*: —
• 10Y*: —

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

2UNI.DE vs. SUI-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
2UNI.DE 21Shares Uniswap ETP	-55.01%	-61.02%	80.81%	43.04%
SUI-USD Sui	-47.66%	-69.96%	444.27%	-42.42%

Correlation

The correlation between 2UNI.DE and SUI-USD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since May 4, 2023	0.31

Return for Risk

2UNI.DE vs. SUI-USD — Risk / Return Rank

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

2UNI.DE

2UNI.DE Risk / Return Rank: 3
2UNI.DE Sharpe Ratio Rank: 4
2UNI.DE Sortino Ratio Rank: 4
2UNI.DE Omega Ratio Rank: 4
2UNI.DE Calmar Ratio Rank: 2
2UNI.DE Martin Ratio Rank: 3

SUI-USD

SUI-USD Risk / Return Rank: 31
SUI-USD Sharpe Ratio Rank: 33
SUI-USD Sortino Ratio Rank: 27
SUI-USD Omega Ratio Rank: 31
SUI-USD Calmar Ratio Rank: 29
SUI-USD Martin Ratio Rank: 35

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.

2UNI.DE vs. SUI-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Uniswap ETP (2UNI.DE) and Sui (SUI-USD). 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.

	2UNI.DE	SUI-USD	Difference
Sharpe ratio: Return per unit of total volatility	-0.65	-0.81	+0.16
Sortino ratio: Return per unit of downside risk	-0.82	-1.53	+0.71
Omega ratio: Gain probability vs. loss probability	0.91	0.85	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.77	-0.91	+0.14
Martin ratio: Return relative to average drawdown	-1.16	-1.33	+0.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

2UNI.DE vs. SUI-USD - Sharpe Ratio Comparison

The current 2UNI.DE Sharpe Ratio is -0.65, which is comparable to the SUI-USD Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of 2UNI.DE and SUI-USD, 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

	2UNI.DE	SUI-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.65	-0.81	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	-0.20	-0.12

Drawdowns

2UNI.DE vs. SUI-USD - Drawdown Comparison

The maximum 2UNI.DE drawdown since its inception was -87.06%, roughly equal to the maximum SUI-USD drawdown of -87.71%. Use the drawdown chart below to compare losses from any high point for 2UNI.DE and SUI-USD.

Drawdown Indicators

	2UNI.DE	SUI-USD	Difference
Max Drawdown Largest peak-to-trough decline	-87.06%	-87.71%	+0.65%
Max Drawdown (1Y) Largest decline over 1 year	-77.73%	-83.02%	+5.29%
Max Drawdown (3Y) Largest decline over 3 years	-87.06%	-87.71%	+0.65%
Current Drawdown Current decline from peak	-87.06%	-87.71%	+0.65%
Average Drawdown Average peak-to-trough decline	-50.03%	-47.75%	-2.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	51.37%	62.08%	-10.71%

Volatility

2UNI.DE vs. SUI-USD - Volatility Comparison

The current volatility for 21Shares Uniswap ETP (2UNI.DE) is 22.48%, while Sui (SUI-USD) has a volatility of 34.02%. This indicates that 2UNI.DE experiences smaller price fluctuations and is considered to be less risky than SUI-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2UNI.DE	SUI-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.48%	34.02%	-11.54%
Volatility (6M) Calculated over the trailing 6-month period	55.88%	62.00%	-6.12%
Volatility (1Y) Calculated over the trailing 1-year period	91.79%	77.82%	+13.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.29%	86.33%	+7.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.29%	86.33%	+7.96%

Frequently Asked Questions

Can I hold both 2UNI.DE and SUI-USD in my portfolio?

2UNI.DE and SUI-USD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.