TCAN vs. TXBC

Last updated Jun 30, 2026

TCAN (21Shares Canton Network ETF) and TXBC (21Shares FTSE Crypto 10 ex-BTC Index ETF) are both exchange-traded funds - TCAN is a Blockchain fund actively managed by 21Shares, while TXBC is a Cryptocurrency fund tracking the FTSE Crypto 10 ex-BTC Index. TCAN is actively managed, while TXBC is passively managed. At a 0.46 correlation, their price movements are largely independent.

Performance

TCAN vs. TXBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Canton Network ETF (TCAN) and 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TCAN

• 1D: -4.17%
• 1M: -5.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXBC

• 1D: 1.93%
• 1M: -16.89%
• YTD: -40.49%
• 6M: -40.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCAN vs. TXBC - Yearly Performance Comparison

	2026 (YTD)
TCAN 21Shares Canton Network ETF	-0.44%
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF	-24.54%

Correlation

The correlation between TCAN and TXBC is 0.46, 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	0.46

Return for Risk

TCAN vs. TXBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Canton Network ETF (TCAN) and 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC). 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

TCAN vs. TXBC - Drawdown Comparison

The maximum TCAN drawdown since its inception was -13.88%, smaller than the maximum TXBC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for TCAN and TXBC.

Drawdown Indicators

	TCAN	TXBC	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-53.45%	+39.57%
Current Drawdown Current decline from peak	-12.90%	-51.25%	+38.35%
Average Drawdown Average peak-to-trough decline	-5.90%	-31.59%	+25.69%

Volatility

Volatility by Period

	TCAN	TXBC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	64.51%	62.86%	+1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.51%	62.86%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.51%	62.86%	+1.65%

Dividends

TCAN vs. TXBC - Dividend Comparison

Neither TCAN nor TXBC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TCAN and TXBC in my portfolio?

TCAN and TXBC have a correlation of 0.46, 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, TCAN or TXBC?

TCAN and TXBC have nearly identical dividend yields, around 0.00%.

What is the main difference between TCAN and TXBC?

TCAN is categorized as Blockchain, while TXBC is Cryptocurrency.