ETHV vs. TTOP

Last updated Jun 5, 2026

ETHV (VanEck Ethereum ETF) and TTOP (21Shares FTSE Crypto 10 Index ETF) are both Cryptocurrency funds - ETHV tracks the MarketVector Ethereum Benchmark Rate while TTOP tracks the FTSE Crypto 10 Select Index. Both are passively managed. With a 0.96 correlation, they move nearly in lockstep. ETHV charges 0.20%/yr vs 0.50%/yr for TTOP.

Performance

ETHV vs. TTOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Ethereum ETF (ETHV) and 21Shares FTSE Crypto 10 Index ETF (TTOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETHV achieves a -40.24% return, which is significantly lower than TTOP's -29.56% return.

ETHV

• 1D: -1.33%
• 1M: -25.17%
• YTD: -40.24%
• 6M: -43.60%
• 1Y: -32.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TTOP

• 1D: -2.60%
• 1M: -21.01%
• YTD: -29.56%
• 6M: -34.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHV vs. TTOP - Yearly Performance Comparison

	2026 (YTD)	2025
ETHV VanEck Ethereum ETF	-40.24%	-6.24%
TTOP 21Shares FTSE Crypto 10 Index ETF	-29.56%	-11.19%

Correlation

The correlation between ETHV and TTOP is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.96

Return for Risk

ETHV vs. TTOP — Risk / Return Rank

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

ETHV

ETHV Risk / Return Rank: 5
ETHV Sharpe Ratio Rank: 5
ETHV Sortino Ratio Rank: 6
ETHV Omega Ratio Rank: 6
ETHV Calmar Ratio Rank: 5
ETHV Martin Ratio Rank: 5

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.

ETHV vs. TTOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Ethereum ETF (ETHV) and 21Shares FTSE Crypto 10 Index ETF (TTOP). 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.

	ETHV	TTOP	Difference
Sharpe ratio: Return per unit of total volatility	-0.48	—	—
Sortino ratio: Return per unit of downside risk	-0.34	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.52	—	—
Martin ratio: Return relative to average drawdown	-0.86	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ETHV	TTOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	-1.11	+0.69

Drawdowns

ETHV vs. TTOP - Drawdown Comparison

The maximum ETHV drawdown since its inception was -64.02%, which is greater than TTOP's maximum drawdown of -37.44%. Use the drawdown chart below to compare losses from any high point for ETHV and TTOP.

Drawdown Indicators

	ETHV	TTOP	Difference
Max Drawdown Largest peak-to-trough decline	-64.02%	-37.44%	-26.58%
Max Drawdown (1Y) Largest decline over 1 year	-63.36%	—	—
Current Drawdown Current decline from peak	-63.36%	-37.44%	-25.92%
Average Drawdown Average peak-to-trough decline	-32.71%	-20.78%	-11.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.95%	—	—

Volatility

Volatility by Period

	ETHV	TTOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	68.34%	52.11%	+16.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.23%	52.11%	+20.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.23%	52.11%	+20.12%

ETHV vs. TTOP - Expense Ratio Comparison

ETHV has a 0.20% expense ratio, which is lower than TTOP's 0.50% expense ratio.

Dividends

ETHV vs. TTOP - Dividend Comparison

Neither ETHV nor TTOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETHV and TTOP in my portfolio?

With a correlation of 0.96, ETHV and TTOP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ETHV or TTOP?

On fees, ETHV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETHV or TTOP?

ETHV is cheaper with a 0.20% expense ratio, compared with 0.50% for TTOP.

Which ETF pays a higher dividend yield, ETHV or TTOP?

ETHV and TTOP have nearly identical dividend yields, around 0.00%.

What is the main difference between ETHV and TTOP?

ETHV tracks MarketVector Ethereum Benchmark Rate, while TTOP tracks FTSE Crypto 10 Select Index. They also come from different issuers: VanEck and 21Shares. Their fees differ too: 0.20% for ETHV and 0.50% for TTOP.