TTOP vs. TOXR

Last updated Jul 11, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and TOXR (21Shares XRP ETF) are both Cryptocurrency funds from 21Shares - TTOP tracks the FTSE Crypto 10 Select Index while TOXR tracks the CME CF XRP-Dollar Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. TTOP charges 0.50%/yr vs 0.30%/yr for TOXR.

Performance

TTOP vs. TOXR - Performance Comparison

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

Returns By Period

In the year-to-date period, TTOP achieves a -29.59% return, which is significantly higher than TOXR's -39.77% return.

TTOP

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

TOXR

• 1D: 0.58%
• 1M: -2.52%
• 6M: -47.10%
• YTD: -39.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTOP vs. TOXR - Yearly Performance Comparison

	2026 (YTD)	2025
TTOP 21Shares FTSE Crypto 10 Index ETF	-29.59%	-7.59%
TOXR 21Shares XRP ETF	-39.77%	-8.28%

Correlation

The correlation between TTOP and TOXR 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 Dec 11, 2025	0.90

Return for Risk

TTOP vs. TOXR - Risk-Adjusted Trends Comparison

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

The maximum TTOP drawdown since its inception was -44.86%, smaller than the maximum TOXR drawdown of -55.42%. Use the drawdown chart below to compare losses from any high point for TTOP and TOXR.

Drawdown Indicators

	TTOP	TOXR	Difference
Max Drawdown Largest peak-to-trough decline	-44.86%	-55.42%	+10.56%
Current Drawdown Current decline from peak	-40.08%	-52.36%	+12.28%
Average Drawdown Average peak-to-trough decline	-26.54%	-34.79%	+8.25%

Volatility

Volatility by Period

	TTOP	TOXR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	51.51%	71.59%	-20.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.51%	71.59%	-20.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.51%	71.59%	-20.08%

TTOP vs. TOXR - Expense Ratio Comparison

TTOP has a 0.50% expense ratio, which is higher than TOXR's 0.30% expense ratio.

Dividends

TTOP vs. TOXR - Dividend Comparison

Neither TTOP nor TOXR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TTOP and TOXR in my portfolio?

With a correlation of 0.90, TTOP and TOXR 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, TTOP or TOXR?

On fees, TOXR 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, TTOP or TOXR?

TOXR is cheaper with a 0.30% expense ratio, compared with 0.50% for TTOP.

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

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

What is the main difference between TTOP and TOXR?

TTOP tracks FTSE Crypto 10 Select Index, while TOXR tracks CME CF XRP-Dollar Reference Rate - New York Variant. Their fees differ too: 0.50% for TTOP and 0.30% for TOXR.