TXBC vs. ETH
TXBC (21Shares FTSE Crypto 10 ex-BTC Index ETF) and ETH (Grayscale Ethereum Staking Mini ETF) are both Cryptocurrency funds. TXBC is passively managed, while ETH is actively managed. With a 0.97 correlation, they move nearly in lockstep.
Performance
TXBC vs. ETH - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with TXBC having a -35.56% return and ETH slightly higher at -35.53%.
TXBC
- 1D
- 2.16%
- 1M
- 4.60%
- 6M
- -42.05%
- YTD
- -35.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETH
- 1D
- 3.08%
- 1M
- 11.60%
- 6M
- -41.87%
- YTD
- -35.53%
- 1Y
- -46.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TXBC vs. ETH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF | -35.56% | -18.07% |
ETH Grayscale Ethereum Staking Mini ETF | -35.53% | -12.86% |
Correlation
The correlation between TXBC and ETH is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.97 |
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Return for Risk
TXBC vs. ETH — Risk / Return Rank
TXBC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ETH
TXBC vs. ETH - 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 Ethereum Staking Mini ETF (ETH). 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 | ETH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.91 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.68 | — |
| Martin ratioReturn relative to average drawdown | — | -1.06 | — |
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Drawdowns
TXBC vs. ETH - Drawdown Comparison
The maximum TXBC drawdown since its inception was -53.45%, smaller than the maximum ETH drawdown of -67.52%. Use the drawdown chart below to compare losses from any high point for TXBC and ETH.
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Drawdown Indicators
| TXBC | ETH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.45% | -67.52% | +14.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -67.52% | — |
Current DrawdownCurrent decline from peak | -47.21% | -60.29% | +13.08% |
Average DrawdownAverage peak-to-trough decline | -33.01% | -34.59% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 43.62% | — |
Volatility
TXBC vs. ETH - Volatility Comparison
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Volatility by Period
| TXBC | ETH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 47.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 61.52% | 67.57% | -6.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.52% | 71.70% | -10.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.52% | 71.70% | -10.18% |
Dividends
TXBC vs. ETH - Dividend Comparison
Neither TXBC nor ETH has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.97, TXBC and ETH 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 ETH have nearly identical dividend yields, around 0.00%.
They also come from different issuers: 21Shares and Grayscale.
Find the right allocation for TXBC and ETH
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