TXBC vs. BITC
TXBC (21Shares FTSE Crypto 10 ex-BTC Index ETF) and BITC (Bitwise Bitcoin Strategy Optimum Roll ETF) are both Cryptocurrency funds. TXBC is passively managed, while BITC is actively managed. At a 0.46 correlation, their price movements are largely independent.
Performance
TXBC vs. BITC - Performance Comparison
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Returns By Period
In the year-to-date period, TXBC achieves a -40.49% return, which is significantly lower than BITC's -0.38% return.
TXBC
- 1D
- 1.93%
- 1M
- -16.89%
- YTD
- -40.49%
- 6M
- -40.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITC
- 1D
- 0.12%
- 1M
- -6.74%
- YTD
- -0.38%
- 6M
- -0.37%
- 1Y
- -17.20%
- 3Y*
- 28.27%
- 5Y*
- —
- 10Y*
- —
TXBC vs. BITC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF | -40.49% | -18.07% |
BITC Bitwise Bitcoin Strategy Optimum Roll ETF | -0.38% | -7.43% |
Correlation
The correlation between TXBC and BITC is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.46 |
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Return for Risk
TXBC vs. BITC — Risk / Return Rank
TXBC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITC
TXBC vs. BITC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC) and Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). 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.
| TXBC | BITC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.87 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.65 | — |
| Martin ratioReturn relative to average drawdown | — | -0.90 | — |
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Drawdowns
TXBC vs. BITC - Drawdown Comparison
The maximum TXBC drawdown since its inception was -53.45%, which is greater than BITC's maximum drawdown of -38.51%. Use the drawdown chart below to compare losses from any high point for TXBC and BITC.
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Drawdown Indicators
| TXBC | BITC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.45% | -38.51% | -14.94% |
Max Drawdown (1Y)Largest decline over 1 year | — | -26.51% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -38.51% | — |
Current DrawdownCurrent decline from peak | -51.25% | -31.54% | -19.71% |
Average DrawdownAverage peak-to-trough decline | -31.59% | -16.59% | -15.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 19.22% | — |
Volatility
TXBC vs. BITC - Volatility Comparison
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Volatility by Period
| TXBC | BITC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.46% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 62.86% | 25.50% | +37.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.86% | 46.24% | +16.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.86% | 46.24% | +16.62% |
Dividends
TXBC vs. BITC - Dividend Comparison
TXBC has not paid dividends to shareholders, while BITC's dividend yield for the trailing twelve months is around 3.37%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BITC Bitwise Bitcoin Strategy Optimum Roll ETF | 3.37% | 3.36% | 42.68% | 5.82% |
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TXBC and BITC have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BITC has the higher dividend yield at 3.37%, compared with 0.00% for TXBC.
They also come from different issuers: 21Shares and Bitwise.
Find the right allocation for TXBC and BITC
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