CDOT.DE vs. 21BC.DE
CDOT.DE (CoinShares Physical Staked Polkadot EUR ETP) and 21BC.DE (21Shares Bitcoin Core ETP) are both Cryptocurrency funds. Both are actively managed. Over the past 3 years, CDOT.DE returned -39.90%/yr vs 30.47%/yr for 21BC.DE. A 0.72 correlation means they provide meaningful diversification when combined. CDOT.DE charges 0.00%/yr vs 0.10%/yr for 21BC.DE.
Performance
CDOT.DE vs. 21BC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CDOT.DE achieves a -40.09% return, which is significantly lower than 21BC.DE's -26.52% return.
CDOT.DE
- 1D
- -4.83%
- 1M
- -15.78%
- YTD
- -40.09%
- 6M
- -53.26%
- 1Y
- -73.47%
- 3Y*
- -39.90%
- 5Y*
- —
- 10Y*
- —
21BC.DE
- 1D
- -3.72%
- 1M
- -21.15%
- YTD
- -26.52%
- 6M
- -30.93%
- 1Y
- -40.57%
- 3Y*
- 30.47%
- 5Y*
- —
- 10Y*
- —
CDOT.DE vs. 21BC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CDOT.DE CoinShares Physical Staked Polkadot EUR ETP | -40.09% | -75.15% | -10.53% | 101.17% | -47.31% |
21BC.DE 21Shares Bitcoin Core ETP | -26.52% | -16.55% | 130.13% | 150.78% | -35.06% |
Correlation
The correlation between CDOT.DE and 21BC.DE is 0.74, 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 | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2022 | 0.72 |
The correlation between CDOT.DE and 21BC.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.
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Return for Risk
CDOT.DE vs. 21BC.DE — Risk / Return Rank
CDOT.DE
21BC.DE
CDOT.DE vs. 21BC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE) and 21Shares Bitcoin Core ETP (21BC.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.
| CDOT.DE | 21BC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 0.84 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | -0.82 | -0.15 |
| Martin ratioReturn relative to average drawdown | -1.49 | -1.44 | -0.05 |
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
| CDOT.DE | 21BC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.01 | -1.02 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.60 | 0.51 | -1.10 |
Drawdowns
CDOT.DE vs. 21BC.DE - Drawdown Comparison
The maximum CDOT.DE drawdown since its inception was -94.66%, which is greater than 21BC.DE's maximum drawdown of -49.40%. Use the drawdown chart below to compare losses from any high point for CDOT.DE and 21BC.DE.
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Drawdown Indicators
| CDOT.DE | 21BC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.66% | -49.40% | -45.26% |
Max Drawdown (1Y)Largest decline over 1 year | -75.82% | -49.40% | -26.42% |
Max Drawdown (3Y)Largest decline over 3 years | -90.64% | -49.40% | -41.24% |
Current DrawdownCurrent decline from peak | -94.66% | -48.60% | -46.06% |
Average DrawdownAverage peak-to-trough decline | -70.87% | -14.08% | -56.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 49.28% | 28.16% | +21.12% |
Volatility
CDOT.DE vs. 21BC.DE - Volatility Comparison
CoinShares Physical Staked Polkadot EUR ETP (CDOT.DE) has a higher volatility of 16.86% compared to 21Shares Bitcoin Core ETP (21BC.DE) at 9.82%. This indicates that CDOT.DE's price experiences larger fluctuations and is considered to be riskier than 21BC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDOT.DE | 21BC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.86% | 9.82% | +7.04% |
Volatility (6M)Calculated over the trailing 6-month period | 51.99% | 31.06% | +20.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 72.57% | 39.61% | +32.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.58% | 46.63% | +30.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.58% | 46.63% | +30.95% |
CDOT.DE vs. 21BC.DE - Expense Ratio Comparison
CDOT.DE has a 0.00% expense ratio, which is lower than 21BC.DE's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CDOT.DE vs. 21BC.DE - Dividend Comparison
Neither CDOT.DE nor 21BC.DE has paid dividends to shareholders.
Frequently Asked Questions
CDOT.DE and 21BC.DE have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CDOT.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CDOT.DE is cheaper with a 0.00% expense ratio, compared with 0.10% for 21BC.DE.
They also come from different issuers: CoinShares and 21Shares. Their fees differ too: 0.00% for CDOT.DE and 0.10% for 21BC.DE.
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