TDOT vs. ETH
TDOT (21Shares Polkadot ETF) and ETH (Grayscale Ethereum Staking Mini ETF) are both Cryptocurrency funds. TDOT is passively managed, while ETH is actively managed. A 0.62 correlation means they provide meaningful diversification when combined. TDOT charges 0.30%/yr vs 0.15%/yr for ETH.
Performance
TDOT vs. ETH - Performance Comparison
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Returns By Period
TDOT
- 1D
- 6.00%
- 1M
- -8.94%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETH
- 1D
- 2.58%
- 1M
- 7.83%
- 6M
- -41.14%
- YTD
- -39.17%
- 1Y
- -39.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TDOT vs. ETH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
TDOT 21Shares Polkadot ETF | -39.88% |
ETH Grayscale Ethereum Staking Mini ETF | -13.83% |
Correlation
The correlation between TDOT and ETH is 0.62, 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 Mar 6, 2026 | 0.62 |
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Return for Risk
TDOT vs. ETH — Risk / Return Rank
TDOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ETH
TDOT vs. ETH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Polkadot ETF (TDOT) and Grayscale Ethereum Staking Mini ETF (ETH). 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.
| TDOT | ETH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.95 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.53 | — |
| Martin ratioReturn relative to average drawdown | — | -0.84 | — |
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Drawdowns
TDOT vs. ETH - Drawdown Comparison
The maximum TDOT drawdown since its inception was -48.70%, smaller than the maximum ETH drawdown of -67.52%. Use the drawdown chart below to compare losses from any high point for TDOT and ETH.
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Drawdown Indicators
| TDOT | ETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.70% | -67.52% | +18.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -67.52% | — |
Current DrawdownCurrent decline from peak | -45.44% | -62.53% | +17.09% |
Average DrawdownAverage peak-to-trough decline | -25.14% | -34.27% | +9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 42.59% | — |
Volatility
TDOT vs. ETH - Volatility Comparison
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Volatility by Period
| TDOT | ETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 16.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 46.99% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 63.36% | 68.46% | -5.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.36% | 71.92% | -8.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.36% | 71.92% | -8.56% |
TDOT vs. ETH - Expense Ratio Comparison
TDOT has a 0.30% expense ratio, which is higher than ETH's 0.15% expense ratio.
Dividends
TDOT vs. ETH - Dividend Comparison
TDOT's dividend yield for the trailing twelve months is around 1.40%, while ETH has not paid dividends to shareholders.
| Position | TTM |
|---|---|
ETH Grayscale Ethereum Staking Mini ETF | 0.00% |
TDOT 21Shares Polkadot ETF | 1.40% |
Frequently Asked Questions
TDOT and ETH have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETH is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETH is cheaper with a 0.15% expense ratio, compared with 0.30% for TDOT.
TDOT has the higher dividend yield at 1.40%, compared with 0.00% for ETH.
They also come from different issuers: 21Shares and Grayscale. Their fees differ too: 0.30% for TDOT and 0.15% for ETH.
Find the right allocation for TDOT and ETH
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