TTOP vs. TCAN

Last updated Aug 1, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and TCAN (21Shares Canton Network ETF) are both exchange-traded funds - TTOP is a Cryptocurrency fund tracking the FTSE Crypto 10 Select Index, while TCAN is a Blockchain fund actively managed by 21Shares. TTOP is passively managed, while TCAN is actively managed. Their 0.38 correlation means their historical movements had little consistent relationship. Both charge a 0.50% expense ratio.

Performance

TTOP vs. TCAN - Performance Comparison

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

Returns By Period

TTOP

• 1D: -2.70%
• 1M: 2.44%
• 6M: -26.85%
• YTD: -30.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TCAN

• 1D: -2.68%
• 1M: -15.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TCAN 21Shares Canton Network ETF	$207.03K	$201.41K	$327.22K
TTOP 21Shares FTSE Crypto 10 Index ETF	$2.56K	$2.91K	$3.28K

TTOP vs. TCAN - Yearly Performance Comparison

	2026 (YTD)
TTOP 21Shares FTSE Crypto 10 Index ETF	-21.92%
TCAN 21Shares Canton Network ETF	-19.47%

Correlation

The correlation between TTOP and TCAN is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 7, 2026	0.38

Return for Risk

TTOP vs. TCAN - Risk-Adjusted Trends Comparison

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

TTOP vs. TCAN - Drawdown Comparison

The maximum TTOP drawdown since its inception was -44.86%, which is greater than TCAN's maximum drawdown of -29.55%. Use the drawdown chart below to compare losses from any high point for TTOP and TCAN.

Drawdown Indicators

	TTOP	TCAN	Difference
Max Drawdown Largest peak-to-trough decline	-44.86%	-29.55%	-15.31%
Current Drawdown Current decline from peak	-40.76%	-29.55%	-11.21%
Average Drawdown Average peak-to-trough decline	-27.63%	-12.58%	-15.05%

Volatility

Volatility by Period

	TTOP	TCAN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.04%	57.91%	-7.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.04%	57.91%	-7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.04%	57.91%	-7.87%

TTOP vs. TCAN - Expense Ratio Comparison

Both TTOP and TCAN have an expense ratio of 0.50%.

Dividends

TTOP vs. TCAN - Dividend Comparison

Neither TTOP nor TCAN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TTOP and TCAN in my portfolio?

TTOP and TCAN have a correlation of 0.38, 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 TCAN?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTOP or TCAN?

TTOP and TCAN have the same expense ratio: 0.50% per year.

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

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

What is the main difference between TTOP and TCAN?

TTOP is categorized as Cryptocurrency, while TCAN is Blockchain.