BTCL vs. TXXS

Last updated Jul 11, 2026

BTCL (T-REX 2X Long Bitcoin Daily Target ETF) and TXXS (21Shares 2x Long Sui ETF) are both Leveraged Cryptocurrency funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. BTCL charges 0.95%/yr vs 1.89%/yr for TXXS.

Performance

BTCL vs. TXXS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and 21Shares 2x Long Sui ETF (TXXS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTCL achieves a -56.85% return, which is significantly higher than TXXS's -85.27% return.

BTCL

• 1D: 1.63%
• 1M: -1.34%
• 6M: -59.23%
• YTD: -56.85%
• 1Y: -80.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXXS

• 1D: 5.24%
• 1M: -6.68%
• 6M: -90.64%
• YTD: -85.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTCL vs. TXXS - Yearly Performance Comparison

	2026 (YTD)	2025
BTCL T-REX 2X Long Bitcoin Daily Target ETF	-56.85%	-14.43%
TXXS 21Shares 2x Long Sui ETF	-85.27%	-38.34%

Correlation

The correlation between BTCL and TXXS is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.83

Return for Risk

BTCL vs. TXXS — Risk / Return Rank

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

BTCL

BTCL Risk / Return Rank: 1
BTCL Sharpe Ratio Rank: 2
BTCL Sortino Ratio Rank: 1
BTCL Omega Ratio Rank: 1
BTCL Calmar Ratio Rank: 1
BTCL Martin Ratio Rank: 2

TXXS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BTCL vs. TXXS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and 21Shares 2x Long Sui ETF (TXXS). 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.

	BTCL	TXXS	Difference
Sharpe ratio: Return per unit of total volatility	-0.89	—	—
Sortino ratio: Return per unit of downside risk	-1.72	—	—
Omega ratio: Gain probability vs. loss probability	0.81	—	—
Calmar ratio: Return relative to maximum drawdown	-0.94	—	—
Martin ratio: Return relative to average drawdown	-1.39	—	—

Drawdowns

BTCL vs. TXXS - Drawdown Comparison

The maximum BTCL drawdown since its inception was -84.01%, smaller than the maximum TXXS drawdown of -92.97%. Use the drawdown chart below to compare losses from any high point for BTCL and TXXS.

Drawdown Indicators

	BTCL	TXXS	Difference
Max Drawdown Largest peak-to-trough decline	-84.01%	-92.97%	+8.96%
Max Drawdown (1Y) Largest decline over 1 year	-84.01%	—	—
Current Drawdown Current decline from peak	-81.24%	-91.57%	+10.33%
Average Drawdown Average peak-to-trough decline	-36.47%	-68.29%	+31.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.65%	—	—

Volatility

Volatility by Period

	BTCL	TXXS	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	70.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	88.74%	177.38%	-88.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.19%	177.38%	-80.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.19%	177.38%	-80.19%

BTCL vs. TXXS - Expense Ratio Comparison

BTCL has a 0.95% expense ratio, which is lower than TXXS's 1.89% expense ratio.

Dividends

BTCL vs. TXXS - Dividend Comparison

BTCL's dividend yield for the trailing twelve months is around 3.93%, more than TXXS's 0.23% yield.

Position	TTM	2025	2024
BTCL T-REX 2X Long Bitcoin Daily Target ETF	3.93%	1.70%	4.35%
TXXS 21Shares 2x Long Sui ETF	0.23%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BTCL and TXXS in my portfolio?

BTCL and TXXS have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BTCL or TXXS?

On fees, BTCL is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTCL or TXXS?

BTCL is cheaper with a 0.95% expense ratio, compared with 1.89% for TXXS.

Which ETF pays a higher dividend yield, BTCL or TXXS?

BTCL has the higher dividend yield at 3.93%, compared with 0.23% for TXXS.

What is the main difference between BTCL and TXXS?

They also come from different issuers: REX and 21Shares. Their fees differ too: 0.95% for BTCL and 1.89% for TXXS.