TKNS vs. TXXH

Last updated Jul 17, 2026

TKNS (21Shares Active Crypto ETF) and TXXH (21Shares 2x Long HYPE ETF) are both exchange-traded funds - TKNS is a Cryptocurrency fund actively managed by 21Shares, while TXXH is a Leveraged Cryptocurrency fund actively managed by 21Shares. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

TKNS vs. TXXH - Performance Comparison

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

Returns By Period

TKNS

• 1D: -1.79%
• 1M: -1.68%
• 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)

TKNS vs. TXXH - Yearly Performance Comparison

	2026 (YTD)
TKNS 21Shares Active Crypto ETF	-13.77%
TXXH 21Shares 2x Long HYPE ETF	88.62%

Correlation

The correlation between TKNS and TXXH is 0.64, 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 May 14, 2026	0.64

Return for Risk

TKNS vs. TXXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Active Crypto ETF (TKNS) 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

TKNS vs. TXXH - Drawdown Comparison

The maximum TKNS drawdown since its inception was -22.36%, smaller than the maximum TXXH drawdown of -50.46%. Use the drawdown chart below to compare losses from any high point for TKNS and TXXH.

Drawdown Indicators

	TKNS	TXXH	Difference
Max Drawdown Largest peak-to-trough decline	-22.36%	-50.46%	+28.10%
Current Drawdown Current decline from peak	-15.55%	-41.44%	+25.89%
Average Drawdown Average peak-to-trough decline	-13.73%	-19.14%	+5.41%

Volatility

Volatility by Period

	TKNS	TXXH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	44.00%	184.95%	-140.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.00%	184.95%	-140.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.00%	184.95%	-140.95%

Dividends

TKNS vs. TXXH - Dividend Comparison

Neither TKNS nor TXXH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TKNS and TXXH in my portfolio?

TKNS and TXXH have a correlation of 0.64, 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, TKNS or TXXH?

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

What is the main difference between TKNS and TXXH?

TKNS is categorized as Cryptocurrency, while TXXH is Leveraged Cryptocurrency.