TTOP vs. DCMT

Last updated Jun 5, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - TTOP is a Cryptocurrency fund tracking the FTSE Crypto 10 Select Index, while DCMT is a Commodities fund actively managed by DoubleLine. TTOP is passively managed, while DCMT is actively managed. At a correlation of -0.06, they often move in opposite directions. TTOP charges 0.50%/yr vs 0.66%/yr for DCMT.

Performance

TTOP vs. DCMT - Performance Comparison

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

Returns By Period

In the year-to-date period, TTOP achieves a -29.56% return, which is significantly lower than DCMT's 32.24% return.

TTOP

• 1D: -2.60%
• 1M: -21.01%
• YTD: -29.56%
• 6M: -34.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DCMT

• 1D: -1.67%
• 1M: -3.79%
• YTD: 32.24%
• 6M: 30.67%
• 1Y: 39.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTOP vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025
TTOP 21Shares FTSE Crypto 10 Index ETF	-29.56%	-11.19%
DCMT DoubleLine Commodity Strategy ETF	32.24%	-0.18%

Correlation

The correlation between TTOP and DCMT is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	-0.06

Return for Risk

TTOP vs. DCMT — Risk / Return Rank

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

DCMT

DCMT Risk / Return Rank: 73
DCMT Sharpe Ratio Rank: 67
DCMT Sortino Ratio Rank: 62
DCMT Omega Ratio Rank: 64
DCMT Calmar Ratio Rank: 93
DCMT Martin Ratio Rank: 79

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.

TTOP vs. DCMT - Risk-Adjusted Trends Comparison

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

	TTOP	DCMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.17	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.11	1.15	-2.25

Drawdowns

TTOP vs. DCMT - Drawdown Comparison

The maximum TTOP drawdown since its inception was -37.44%, which is greater than DCMT's maximum drawdown of -11.95%. Use the drawdown chart below to compare losses from any high point for TTOP and DCMT.

Drawdown Indicators

	TTOP	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-37.44%	-11.95%	-25.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.21%	—
Current Drawdown Current decline from peak	-37.44%	-5.08%	-32.36%
Average Drawdown Average peak-to-trough decline	-20.78%	-3.14%	-17.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.61%	—

Volatility

Volatility by Period

	TTOP	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.11%	18.36%	+33.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.11%	15.79%	+36.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.11%	15.79%	+36.32%

TTOP vs. DCMT - Expense Ratio Comparison

TTOP has a 0.50% expense ratio, which is lower than DCMT's 0.66% expense ratio.

Dividends

TTOP vs. DCMT - Dividend Comparison

TTOP has not paid dividends to shareholders, while DCMT's dividend yield for the trailing twelve months is around 2.78%.

Position	TTM	2025	2024
DCMT DoubleLine Commodity Strategy ETF	2.78%	3.67%	1.59%
TTOP 21Shares FTSE Crypto 10 Index ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTOP and DCMT in my portfolio?

TTOP and DCMT have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTOP or DCMT?

On fees, TTOP is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTOP or DCMT?

TTOP is cheaper with a 0.50% expense ratio, compared with 0.66% for DCMT.

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

DCMT has the higher dividend yield at 2.78%, compared with 0.00% for TTOP.

What is the main difference between TTOP and DCMT?

TTOP is categorized as Cryptocurrency, while DCMT is Commodities. They also come from different issuers: 21Shares and DoubleLine. Their fees differ too: 0.50% for TTOP and 0.66% for DCMT.