TXBC vs. BTC
TXBC (21Shares FTSE Crypto 10 ex-BTC Index ETF) and BTC (Grayscale Bitcoin Mini Trust ETF) are both Cryptocurrency funds. TXBC is passively managed, while BTC is actively managed. Their correlation of 0.92 suggests significant overlap in exposure.
Performance
TXBC vs. BTC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TXBC achieves a -40.49% return, which is significantly lower than BTC's -31.09% return.
TXBC
- 1D
- 1.93%
- 1M
- -16.89%
- YTD
- -40.49%
- 6M
- -40.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTC
- 1D
- 1.14%
- 1M
- -17.83%
- YTD
- -31.09%
- 6M
- -30.77%
- 1Y
- -43.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TXBC vs. BTC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF | -40.49% | -18.07% |
BTC Grayscale Bitcoin Mini Trust ETF | -31.09% | -13.82% |
Correlation
The correlation between TXBC and BTC is 0.92, 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 Nov 13, 2025 | 0.92 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TXBC vs. BTC — Risk / Return Rank
TXBC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BTC
TXBC vs. BTC - 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 Grayscale Bitcoin Mini Trust ETF (BTC). 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 | BTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.84 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.83 | — |
| Martin ratioReturn relative to average drawdown | — | -1.40 | — |
Loading charts...
Drawdowns
TXBC vs. BTC - Drawdown Comparison
The maximum TXBC drawdown since its inception was -53.45%, roughly equal to the maximum BTC drawdown of -52.89%. Use the drawdown chart below to compare losses from any high point for TXBC and BTC.
Loading charts...
Drawdown Indicators
| TXBC | BTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.45% | -52.89% | -0.56% |
Max Drawdown (1Y)Largest decline over 1 year | — | -52.89% | — |
Current DrawdownCurrent decline from peak | -51.25% | -51.97% | +0.72% |
Average DrawdownAverage peak-to-trough decline | -31.59% | -17.95% | -13.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 31.23% | — |
Volatility
TXBC vs. BTC - Volatility Comparison
Loading charts...
Volatility by Period
| TXBC | BTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.42% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.57% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 62.86% | 44.38% | +18.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.86% | 48.16% | +14.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.86% | 48.16% | +14.70% |
Dividends
TXBC vs. BTC - Dividend Comparison
Neither TXBC nor BTC has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.92, TXBC and BTC 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.
TXBC and BTC have nearly identical dividend yields, around 0.00%.
They also come from different issuers: 21Shares and Grayscale.
Find the right allocation for TXBC and BTC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer