TDOG vs. TXXH

Last updated Jul 17, 2026

TDOG (21Shares Dogecoin ETF) and TXXH (21Shares 2x Long HYPE ETF) are both exchange-traded funds - TDOG is a Cryptocurrency fund tracking the Dogecoin (DOGE), while TXXH is a Leveraged Cryptocurrency fund actively managed by 21Shares. TDOG is passively managed, while TXXH is actively managed. A 0.53 correlation means they provide meaningful diversification when combined. TDOG charges 0.50%/yr vs 1.89%/yr for TXXH.

Performance

TDOG vs. TXXH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Dogecoin ETF (TDOG) and 21Shares 2x Long HYPE ETF (TXXH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDOG

• 1D: -0.90%
• 1M: -16.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXXH

• 1D: -13.98%
• 1M: -31.75%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDOG vs. TXXH - Yearly Performance Comparison

	2026 (YTD)
TDOG 21Shares Dogecoin ETF	-27.96%
TXXH 21Shares 2x Long HYPE ETF	78.16%

Correlation

The correlation between TDOG and TXXH is 0.53, 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 Apr 30, 2026	0.53

Return for Risk

TDOG vs. TXXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Dogecoin ETF (TDOG) and 21Shares 2x Long HYPE ETF (TXXH). 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

TDOG vs. TXXH - Drawdown Comparison

The maximum TDOG drawdown since its inception was -43.14%, smaller than the maximum TXXH drawdown of -50.46%. Use the drawdown chart below to compare losses from any high point for TDOG and TXXH.

Drawdown Indicators

	TDOG	TXXH	Difference
Max Drawdown Largest peak-to-trough decline	-43.14%	-50.46%	+7.32%
Current Drawdown Current decline from peak	-42.07%	-41.44%	-0.63%
Average Drawdown Average peak-to-trough decline	-24.41%	-19.14%	-5.27%

Volatility

Volatility by Period

	TDOG	TXXH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	63.51%	184.95%	-121.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.51%	184.95%	-121.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.51%	184.95%	-121.44%

TDOG vs. TXXH - Expense Ratio Comparison

TDOG has a 0.50% expense ratio, which is lower than TXXH's 1.89% expense ratio.

Dividends

TDOG vs. TXXH - Dividend Comparison

Neither TDOG nor TXXH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TDOG and TXXH in my portfolio?

TDOG and TXXH have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDOG or TXXH?

On fees, TDOG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDOG or TXXH?

TDOG is cheaper with a 0.50% expense ratio, compared with 1.89% for TXXH.

Which ETF pays a higher dividend yield, TDOG or TXXH?

TDOG and TXXH have nearly identical dividend yields, around 0.00%.

What is the main difference between TDOG and TXXH?

TDOG is categorized as Cryptocurrency, while TXXH is Leveraged Cryptocurrency. Their fees differ too: 0.50% for TDOG and 1.89% for TXXH.