FDIG vs. TOXR

Last updated Jun 24, 2026

FDIG (Fidelity Crypto Industry and Digital Payments ETF) and TOXR (21Shares XRP ETF) are both exchange-traded funds - FDIG is a Blockchain fund tracking the Fidelity Crypto Industry and Digital Payments Index, while TOXR is a Cryptocurrency fund tracking the CME CF XRP-Dollar Reference Rate - New York Variant. Both are passively managed. A 0.71 correlation means they provide meaningful diversification when combined. FDIG charges 0.39%/yr vs 0.30%/yr for TOXR.

Performance

FDIG vs. TOXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Crypto Industry and Digital Payments ETF (FDIG) and 21Shares XRP ETF (TOXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIG achieves a 17.50% return, which is significantly higher than TOXR's -39.89% return.

FDIG

• 1D: -1.95%
• 1M: 0.66%
• YTD: 17.50%
• 6M: 11.04%
• 1Y: 44.87%
• 3Y*: 36.48%
• 5Y*: —
• 10Y*: —

TOXR

• 1D: -2.98%
• 1M: -17.51%
• YTD: -39.89%
• 6M: -41.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDIG vs. TOXR - Yearly Performance Comparison

	2026 (YTD)	2025
FDIG Fidelity Crypto Industry and Digital Payments ETF	17.50%	-13.67%
TOXR 21Shares XRP ETF	-39.89%	-8.28%

Correlation

The correlation between FDIG and TOXR is 0.71, 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 Dec 11, 2025	0.71

Return for Risk

FDIG vs. TOXR — Risk / Return Rank

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

FDIG

FDIG Risk / Return Rank: 24
FDIG Sharpe Ratio Rank: 26
FDIG Sortino Ratio Rank: 27
FDIG Omega Ratio Rank: 25
FDIG Calmar Ratio Rank: 22
FDIG Martin Ratio Rank: 18

TOXR

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.

FDIG vs. TOXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Crypto Industry and Digital Payments ETF (FDIG) and 21Shares XRP ETF (TOXR). 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.

	FDIG	TOXR	Difference
Sharpe ratio: Return per unit of total volatility	0.89	—	—
Sortino ratio: Return per unit of downside risk	1.45	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	0.97	—	—
Martin ratio: Return relative to average drawdown	1.82	—	—

Drawdowns

FDIG vs. TOXR - Drawdown Comparison

The maximum FDIG drawdown since its inception was -61.35%, which is greater than TOXR's maximum drawdown of -52.62%. Use the drawdown chart below to compare losses from any high point for FDIG and TOXR.

Drawdown Indicators

	FDIG	TOXR	Difference
Max Drawdown Largest peak-to-trough decline	-61.35%	-52.62%	-8.73%
Max Drawdown (1Y) Largest decline over 1 year	-46.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-49.66%	—	—
Current Drawdown Current decline from peak	-22.18%	-52.46%	+30.28%
Average Drawdown Average peak-to-trough decline	-27.48%	-33.09%	+5.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.69%	—	—

Volatility

Volatility by Period

	FDIG	TOXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	37.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	50.67%	73.62%	-22.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.91%	73.62%	-12.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.91%	73.62%	-12.71%

FDIG vs. TOXR - Expense Ratio Comparison

FDIG has a 0.39% expense ratio, which is higher than TOXR's 0.30% expense ratio.

Dividends

FDIG vs. TOXR - Dividend Comparison

FDIG's dividend yield for the trailing twelve months is around 1.39%, while TOXR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
FDIG Fidelity Crypto Industry and Digital Payments ETF	1.39%	1.14%	1.17%	0.18%
TOXR 21Shares XRP ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDIG and TOXR in my portfolio?

FDIG and TOXR have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDIG or TOXR?

On fees, TOXR is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDIG or TOXR?

TOXR is cheaper with a 0.30% expense ratio, compared with 0.39% for FDIG.

Which ETF pays a higher dividend yield, FDIG or TOXR?

FDIG has the higher dividend yield at 1.39%, compared with 0.00% for TOXR.

What is the main difference between FDIG and TOXR?

FDIG is categorized as Blockchain, while TOXR is Cryptocurrency. FDIG tracks Fidelity Crypto Industry and Digital Payments Index, while TOXR tracks CME CF XRP-Dollar Reference Rate - New York Variant. They also come from different issuers: Fidelity and 21Shares. Their fees differ too: 0.39% for FDIG and 0.30% for TOXR.