TTOP vs. TKNS

Last updated Jul 11, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and TKNS (21Shares Active Crypto ETF) are both Cryptocurrency funds from 21Shares. TTOP is passively managed, while TKNS is actively managed. Their correlation of 0.90 suggests significant overlap in exposure.

Performance

TTOP vs. TKNS - Performance Comparison

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

Returns By Period

TTOP

• 1D: 1.18%
• 1M: 1.26%
• 6M: -32.24%
• YTD: -29.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TKNS

• 1D: 1.01%
• 1M: 3.85%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTOP vs. TKNS - Yearly Performance Comparison

	2026 (YTD)
TTOP 21Shares FTSE Crypto 10 Index ETF	-19.26%
TKNS 21Shares Active Crypto ETF	-13.78%

Correlation

The correlation between TTOP and TKNS is 0.90, 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 May 14, 2026	0.90

Return for Risk

TTOP vs. TKNS - Risk-Adjusted Trends Comparison

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

The maximum TTOP drawdown since its inception was -44.86%, which is greater than TKNS's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for TTOP and TKNS.

Drawdown Indicators

	TTOP	TKNS	Difference
Max Drawdown Largest peak-to-trough decline	-44.86%	-22.36%	-22.50%
Current Drawdown Current decline from peak	-40.08%	-15.55%	-24.53%
Average Drawdown Average peak-to-trough decline	-26.54%	-13.56%	-12.98%

Volatility

Volatility by Period

	TTOP	TKNS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	51.51%	44.58%	+6.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.51%	44.58%	+6.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.51%	44.58%	+6.93%

Dividends

TTOP vs. TKNS - Dividend Comparison

Neither TTOP nor TKNS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TTOP and TKNS in my portfolio?

TTOP and TKNS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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