TSOL vs. TTOP

Last updated Jun 4, 2026

TSOL (21Shares Solana ETF) and TTOP (21Shares FTSE Crypto 10 Index ETF) are both Cryptocurrency funds from 21Shares. TSOL is actively managed, while TTOP is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. TSOL charges 0.21%/yr vs 0.50%/yr for TTOP.

Performance

TSOL vs. TTOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Solana ETF (TSOL) 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, TSOL achieves a -41.49% return, which is significantly lower than TTOP's -27.68% return.

TSOL

• 1D: -4.53%
• 1M: -14.54%
• YTD: -41.49%
• 6M: -48.57%
• 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)

TSOL vs. TTOP - Yearly Performance Comparison

	2026 (YTD)	2025
TSOL 21Shares Solana ETF	-41.49%	-6.28%
TTOP 21Shares FTSE Crypto 10 Index ETF	-27.68%	-3.39%

Correlation

The correlation between TSOL 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 Nov 20, 2025	0.91

Return for Risk

TSOL vs. TTOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Solana ETF (TSOL) 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

	TSOL	TTOP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.95	-1.07	+0.12

Drawdowns

TSOL vs. TTOP - Drawdown Comparison

The maximum TSOL drawdown since its inception was -50.75%, which is greater than TTOP's maximum drawdown of -37.32%. Use the drawdown chart below to compare losses from any high point for TSOL and TTOP.

Drawdown Indicators

	TSOL	TTOP	Difference
Max Drawdown Largest peak-to-trough decline	-50.75%	-37.32%	-13.43%
Current Drawdown Current decline from peak	-50.75%	-35.77%	-14.98%
Average Drawdown Average peak-to-trough decline	-29.35%	-20.66%	-8.69%

Volatility

Volatility by Period

	TSOL	TTOP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	71.70%	52.21%	+19.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.70%	52.21%	+19.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.70%	52.21%	+19.49%

TSOL vs. TTOP - Expense Ratio Comparison

TSOL has a 0.21% expense ratio, which is lower than TTOP's 0.50% expense ratio.

Dividends

TSOL vs. TTOP - Dividend Comparison

TSOL's dividend yield for the trailing twelve months is around 4.78%, while TTOP has not paid dividends to shareholders.

Position	TTM
TSOL 21Shares Solana ETF	4.78%
TTOP 21Shares FTSE Crypto 10 Index ETF	0.00%

Frequently Asked Questions

Can I hold both TSOL and TTOP in my portfolio?

With a correlation of 0.91, TSOL 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, TSOL or TTOP?

On fees, TSOL is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSOL or TTOP?

TSOL is cheaper with a 0.21% expense ratio, compared with 0.50% for TTOP.

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

TSOL has the higher dividend yield at 4.78%, compared with 0.00% for TTOP.

What is the main difference between TSOL and TTOP?

Their fees differ too: 0.21% for TSOL and 0.50% for TTOP.