TTOP vs. TXXH

Last updated Jul 11, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and TXXH (21Shares 2x Long HYPE ETF) are both exchange-traded funds - TTOP is a Cryptocurrency fund tracking the FTSE Crypto 10 Select Index, while TXXH is a Leveraged Cryptocurrency fund actively managed by 21Shares. TTOP is passively managed, while TXXH is actively managed. A 0.56 correlation means they provide meaningful diversification when combined. TTOP charges 0.50%/yr vs 1.89%/yr for TXXH.

Performance

TTOP vs. TXXH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares FTSE Crypto 10 Index ETF (TTOP) and 21Shares 2x Long HYPE ETF (TXXH). 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*: —

TXXH

• 1D: 0.86%
• 1M: 11.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTOP vs. TXXH - Yearly Performance Comparison

	2026 (YTD)
TTOP 21Shares FTSE Crypto 10 Index ETF	-15.22%
TXXH 21Shares 2x Long HYPE ETF	111.52%

Correlation

The correlation between TTOP and TXXH is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 30, 2026	0.56

Return for Risk

TTOP vs. TXXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares FTSE Crypto 10 Index ETF (TTOP) and 21Shares 2x Long HYPE ETF (TXXH). 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. TXXH - Drawdown Comparison

The maximum TTOP drawdown since its inception was -44.86%, smaller than the maximum TXXH drawdown of -50.46%. Use the drawdown chart below to compare losses from any high point for TTOP and TXXH.

Drawdown Indicators

	TTOP	TXXH	Difference
Max Drawdown Largest peak-to-trough decline	-44.86%	-50.46%	+5.60%
Current Drawdown Current decline from peak	-40.08%	-30.48%	-9.60%
Average Drawdown Average peak-to-trough decline	-26.54%	-17.72%	-8.82%

Volatility

Volatility by Period

	TTOP	TXXH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	51.51%	186.44%	-134.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.51%	186.44%	-134.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.51%	186.44%	-134.93%

TTOP vs. TXXH - Expense Ratio Comparison

TTOP has a 0.50% expense ratio, which is lower than TXXH's 1.89% expense ratio.

Dividends

TTOP vs. TXXH - Dividend Comparison

Neither TTOP nor TXXH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TTOP and TXXH in my portfolio?

TTOP and TXXH have a correlation of 0.56, 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 TXXH?

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 TXXH?

TTOP is cheaper with a 0.50% expense ratio, compared with 1.89% for TXXH.

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

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

What is the main difference between TTOP and TXXH?

TTOP is categorized as Cryptocurrency, while TXXH is Leveraged Cryptocurrency. Their fees differ too: 0.50% for TTOP and 1.89% for TXXH.