BTCU vs. TXXH

Last updated Jul 18, 2026

BTCU (Direxion Daily Bitcoin Bull 2X ETF) and TXXH (21Shares 2x Long HYPE ETF) are both Leveraged Cryptocurrency funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

BTCU vs. TXXH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Bitcoin Bull 2X ETF (BTCU) and 21Shares 2x Long HYPE ETF (TXXH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTCU

• 1D: -0.21%
• 1M: -2.15%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXXH

• 1D: -7.02%
• 1M: -35.95%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTCU vs. TXXH - Yearly Performance Comparison

	2026 (YTD)
BTCU Direxion Daily Bitcoin Bull 2X ETF	-29.79%
TXXH 21Shares 2x Long HYPE ETF	-22.23%

Correlation

The correlation between BTCU and TXXH is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.54

Return for Risk

BTCU vs. TXXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Bitcoin Bull 2X ETF (BTCU) and 21Shares 2x Long HYPE ETF (TXXH). 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.

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

Drawdowns

BTCU vs. TXXH - Drawdown Comparison

The maximum BTCU drawdown since its inception was -40.67%, smaller than the maximum TXXH drawdown of -50.46%. Use the drawdown chart below to compare losses from any high point for BTCU and TXXH.

Drawdown Indicators

	BTCU	TXXH	Difference
Max Drawdown Largest peak-to-trough decline	-40.67%	-50.46%	+9.79%
Current Drawdown Current decline from peak	-29.93%	-45.55%	+15.62%
Average Drawdown Average peak-to-trough decline	-28.45%	-19.63%	-8.82%

Volatility

Volatility by Period

	BTCU	TXXH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	85.67%	184.18%	-98.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.67%	184.18%	-98.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	85.67%	184.18%	-98.51%

Dividends

BTCU vs. TXXH - Dividend Comparison

BTCU's dividend yield for the trailing twelve months is around 0.25%, while TXXH has not paid dividends to shareholders.

Position	TTM
BTCU Direxion Daily Bitcoin Bull 2X ETF	0.25%
TXXH 21Shares 2x Long HYPE ETF	0.00%

Frequently Asked Questions

Can I hold both BTCU and TXXH in my portfolio?

BTCU and TXXH have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, BTCU or TXXH?

BTCU has the higher dividend yield at 0.25%, compared with 0.00% for TXXH.

What is the main difference between BTCU and TXXH?

They also come from different issuers: Direxion and 21Shares.