TOXR vs. TTOP

Last updated Jun 4, 2026

TOXR (21Shares XRP ETF) and TTOP (21Shares FTSE Crypto 10 Index ETF) are both Cryptocurrency funds from 21Shares - TOXR tracks the CME CF XRP-Dollar Reference Rate - New York Variant while TTOP tracks the FTSE Crypto 10 Select Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. TOXR charges 0.30%/yr vs 0.50%/yr for TTOP.

Performance

TOXR vs. TTOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares XRP ETF (TOXR) and 21Shares FTSE Crypto 10 Index ETF (TTOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOXR achieves a -34.38% return, which is significantly lower than TTOP's -27.68% return.

TOXR

• 1D: -1.62%
• 1M: -14.04%
• YTD: -34.38%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TTOP

• 1D: -3.19%
• 1M: -17.43%
• YTD: -27.68%
• 6M: -33.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TOXR vs. TTOP - Yearly Performance Comparison

	2026 (YTD)	2025
TOXR 21Shares XRP ETF	-34.38%	-9.65%
TTOP 21Shares FTSE Crypto 10 Index ETF	-27.68%	-6.24%

Correlation

The correlation between TOXR and TTOP is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 12, 2025	0.91

Return for Risk

TOXR vs. TTOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares XRP ETF (TOXR) and 21Shares FTSE Crypto 10 Index ETF (TTOP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TOXR	TTOP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.92	-1.07	+0.15

Drawdowns

TOXR vs. TTOP - Drawdown Comparison

The maximum TOXR drawdown since its inception was -48.78%, which is greater than TTOP's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for TOXR and TTOP.

Drawdown Indicators

	TOXR	TTOP	Difference
Max Drawdown Largest peak-to-trough decline	-48.78%	-37.32%	-11.46%
Current Drawdown Current decline from peak	-48.10%	-35.77%	-12.33%
Average Drawdown Average peak-to-trough decline	-31.50%	-20.66%	-10.84%

Volatility

Volatility by Period

	TOXR	TTOP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.16%	52.21%	+20.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.16%	52.21%	+20.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.16%	52.21%	+20.95%

TOXR vs. TTOP - Expense Ratio Comparison

TOXR has a 0.30% expense ratio, which is lower than TTOP's 0.50% expense ratio.

Dividends

TOXR vs. TTOP - Dividend Comparison

Neither TOXR nor TTOP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TOXR and TTOP in my portfolio?

With a correlation of 0.91, TOXR and TTOP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TOXR or TTOP?

On fees, TOXR is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TOXR or TTOP?

TOXR is cheaper with a 0.30% expense ratio, compared with 0.50% for TTOP.

Which ETF pays a higher dividend yield, TOXR or TTOP?

TOXR and TTOP have nearly identical dividend yields, around 0.00%.

What is the main difference between TOXR and TTOP?

TOXR tracks CME CF XRP-Dollar Reference Rate - New York Variant, while TTOP tracks FTSE Crypto 10 Select Index. Their fees differ too: 0.30% for TOXR and 0.50% for TTOP.