TCAN vs. LEGR
TCAN (21Shares Canton Network ETF) and LEGR (First Trust Indxx Innovative Transaction & Process ETF) are both Blockchain funds. TCAN is actively managed, while LEGR is passively managed. At a 0.15 correlation, their price movements are largely independent. TCAN charges 0.50%/yr vs 0.65%/yr for LEGR.
Performance
TCAN vs. LEGR - Performance Comparison
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Returns By Period
TCAN
- 1D
- -3.49%
- 1M
- -22.77%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LEGR
- 1D
- -0.13%
- 1M
- -2.56%
- 6M
- 4.35%
- YTD
- 8.02%
- 1Y
- 20.09%
- 3Y*
- 20.16%
- 5Y*
- 11.26%
- 10Y*
- —
- ALL TIME*
- 11.40%
TCAN vs. LEGR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TCAN 21Shares Canton Network ETF | -15.49% |
LEGR First Trust Indxx Innovative Transaction & Process ETF | -0.66% |
Correlation
The correlation between TCAN and LEGR is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 7, 2026 | 0.15 |
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Return for Risk
TCAN vs. LEGR — Risk / Return Rank
TCAN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LEGR
TCAN vs. LEGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Canton Network ETF (TCAN) and First Trust Indxx Innovative Transaction & Process ETF (LEGR). 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.
| TCAN | LEGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.94 | — |
| Martin ratioReturn relative to average drawdown | — | 6.51 | — |
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Drawdowns
TCAN vs. LEGR - Drawdown Comparison
The maximum TCAN drawdown since its inception was -26.07%, smaller than the maximum LEGR drawdown of -36.12%. Use the drawdown chart below to compare losses from any high point for TCAN and LEGR.
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Drawdown Indicators
| TCAN | LEGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.07% | -36.12% | +10.05% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.40% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | -26.07% | -5.32% | -20.75% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -6.57% | -3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.09% | — |
Volatility
TCAN vs. LEGR - Volatility Comparison
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Volatility by Period
| TCAN | LEGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.43% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.00% | 14.54% | +46.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.00% | 17.07% | +43.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.00% | 20.27% | +40.73% |
TCAN vs. LEGR - Expense Ratio Comparison
TCAN has a 0.50% expense ratio, which is lower than LEGR's 0.65% expense ratio.
Dividends
TCAN vs. LEGR - Dividend Comparison
TCAN has not paid dividends to shareholders, while LEGR's dividend yield for the trailing twelve months is around 1.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 1.85% | 1.84% | 2.40% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% |
TCAN 21Shares Canton Network ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TCAN and LEGR have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TCAN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TCAN is cheaper with a 0.50% expense ratio, compared with 0.65% for LEGR.
LEGR has the higher dividend yield at 1.85%, compared with 0.00% for TCAN.
They also come from different issuers: 21Shares and First Trust. Their fees differ too: 0.50% for TCAN and 0.65% for LEGR.
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