AXTZ.DE vs. RAND.DE
AXTZ.DE (21Shares Tezos ETP) and RAND.DE (CoinShares Physical Staked Algorand EUR) are both Cryptocurrency funds. Both are actively managed. Over the past 3 years, AXTZ.DE returned -32.63%/yr vs -11.13%/yr for RAND.DE. A 0.72 correlation means they provide meaningful diversification when combined. AXTZ.DE charges 2.50%/yr vs 0.00%/yr for RAND.DE.
Performance
AXTZ.DE vs. RAND.DE - Performance Comparison
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Returns By Period
In the year-to-date period, AXTZ.DE achieves a -43.40% return, which is significantly lower than RAND.DE's -18.89% return.
AXTZ.DE
- 1D
- -6.73%
- 1M
- -24.32%
- YTD
- -43.40%
- 6M
- -41.00%
- 1Y
- -52.54%
- 3Y*
- -32.63%
- 5Y*
- —
- 10Y*
- —
RAND.DE
- 1D
- -5.09%
- 1M
- -11.94%
- YTD
- -18.89%
- 6M
- -20.48%
- 1Y
- -45.18%
- 3Y*
- -11.13%
- 5Y*
- —
- 10Y*
- —
AXTZ.DE vs. RAND.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AXTZ.DE 21Shares Tezos ETP | -43.40% | -66.56% | 36.70% | 47.10% | -56.97% |
RAND.DE CoinShares Physical Staked Algorand EUR | -18.89% | -63.34% | 46.73% | 44.34% | -52.23% |
Correlation
The correlation between AXTZ.DE and RAND.DE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2022 | 0.72 |
The correlation between AXTZ.DE and RAND.DE shifts across timeframes, from 0.62 (1 year) to 0.72 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
AXTZ.DE vs. RAND.DE — Risk / Return Rank
AXTZ.DE
RAND.DE
AXTZ.DE vs. RAND.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Tezos ETP (AXTZ.DE) and CoinShares Physical Staked Algorand EUR (RAND.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.
| AXTZ.DE | RAND.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.97 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.63 | -0.10 |
| Martin ratioReturn relative to average drawdown | -1.09 | -0.93 | -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. | |||
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Sharpe Ratios by Period
| AXTZ.DE | RAND.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.69 | -0.49 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.56 | -0.28 | -0.27 |
Drawdowns
AXTZ.DE vs. RAND.DE - Drawdown Comparison
The maximum AXTZ.DE drawdown since its inception was -96.49%, which is greater than RAND.DE's maximum drawdown of -86.60%. Use the drawdown chart below to compare losses from any high point for AXTZ.DE and RAND.DE.
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Drawdown Indicators
| AXTZ.DE | RAND.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.49% | -86.60% | -9.89% |
Max Drawdown (1Y)Largest decline over 1 year | -73.59% | -72.75% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -85.06% | -86.60% | +1.54% |
Current DrawdownCurrent decline from peak | -96.49% | -82.79% | -13.70% |
Average DrawdownAverage peak-to-trough decline | -82.47% | -60.08% | -22.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.91% | 49.62% | -0.71% |
Volatility
AXTZ.DE vs. RAND.DE - Volatility Comparison
The current volatility for 21Shares Tezos ETP (AXTZ.DE) is 15.03%, while CoinShares Physical Staked Algorand EUR (RAND.DE) has a volatility of 20.37%. This indicates that AXTZ.DE experiences smaller price fluctuations and is considered to be less risky than RAND.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXTZ.DE | RAND.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.03% | 20.37% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 39.53% | 51.93% | -12.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.77% | 93.35% | -15.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.40% | 92.49% | -8.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 84.40% | 92.49% | -8.09% |
AXTZ.DE vs. RAND.DE - Expense Ratio Comparison
AXTZ.DE has a 2.50% expense ratio, which is higher than RAND.DE's 0.00% expense ratio.
Dividends
AXTZ.DE vs. RAND.DE - Dividend Comparison
Neither AXTZ.DE nor RAND.DE has paid dividends to shareholders.
Frequently Asked Questions
AXTZ.DE and RAND.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RAND.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RAND.DE is cheaper with a 0.00% expense ratio, compared with 2.50% for AXTZ.DE.
They also come from different issuers: 21Shares and CoinShares. Their fees differ too: 2.50% for AXTZ.DE and 0.00% for RAND.DE.
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