TSUI vs. ETHD

Last updated Jun 5, 2026

TSUI (21Shares Sui ETF) and ETHD (ProShares UltraShort Ether ETF) are both Cryptocurrency funds. TSUI is passively managed, while ETHD is actively managed. At a correlation of -0.81, they often move in opposite directions. TSUI charges 0.30%/yr vs 1.01%/yr for ETHD.

Performance

TSUI vs. ETHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Sui ETF (TSUI) and ProShares UltraShort Ether ETF (ETHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TSUI

• 1D: -3.96%
• 1M: -18.71%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETHD

• 1D: 2.71%
• 1M: 73.12%
• YTD: 68.24%
• 6M: 77.63%
• 1Y: -40.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSUI vs. ETHD - Yearly Performance Comparison

	2026 (YTD)
TSUI 21Shares Sui ETF	-9.67%
ETHD ProShares UltraShort Ether ETF	-14.11%

Correlation

The correlation between TSUI and ETHD is -0.81, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 25, 2026	-0.81

Return for Risk

TSUI vs. ETHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETHD

ETHD Risk / Return Rank: 8
ETHD Sharpe Ratio Rank: 6
ETHD Sortino Ratio Rank: 12
ETHD Omega Ratio Rank: 12
ETHD Calmar Ratio Rank: 5
ETHD Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TSUI vs. ETHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Sui ETF (TSUI) and ProShares UltraShort Ether ETF (ETHD). 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

	TSUI	ETHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	-0.34	-0.01

Drawdowns

TSUI vs. ETHD - Drawdown Comparison

The maximum TSUI drawdown since its inception was -40.39%, smaller than the maximum ETHD drawdown of -95.59%. Use the drawdown chart below to compare losses from any high point for TSUI and ETHD.

Drawdown Indicators

	TSUI	ETHD	Difference
Max Drawdown Largest peak-to-trough decline	-40.39%	-95.59%	+55.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-83.63%	—
Current Drawdown Current decline from peak	-40.39%	-86.85%	+46.46%
Average Drawdown Average peak-to-trough decline	-12.52%	-66.06%	+53.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	66.08%	—

Volatility

Volatility by Period

	TSUI	ETHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	90.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	87.89%	136.04%	-48.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.89%	142.06%	-54.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	87.89%	142.06%	-54.17%

TSUI vs. ETHD - Expense Ratio Comparison

TSUI has a 0.30% expense ratio, which is lower than ETHD's 1.01% expense ratio.

Dividends

TSUI vs. ETHD - Dividend Comparison

TSUI's dividend yield for the trailing twelve months is around 0.31%, less than ETHD's 10.40% yield.

Position	TTM	2025	2024
ETHD ProShares UltraShort Ether ETF	10.40%	156.62%	19.15%
TSUI 21Shares Sui ETF	0.31%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TSUI and ETHD in my portfolio?

TSUI and ETHD have a correlation of -0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSUI or ETHD?

On fees, TSUI 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, TSUI or ETHD?

TSUI is cheaper with a 0.30% expense ratio, compared with 1.01% for ETHD.

Which ETF pays a higher dividend yield, TSUI or ETHD?

ETHD has the higher dividend yield at 10.40%, compared with 0.31% for TSUI.

What is the main difference between TSUI and ETHD?

They also come from different issuers: 21Shares and ProShares. Their fees differ too: 0.30% for TSUI and 1.01% for ETHD.