TXBC vs. TCAN

Last updated Jun 30, 2026

TXBC (21Shares FTSE Crypto 10 ex-BTC Index ETF) and TCAN (21Shares Canton Network ETF) are both exchange-traded funds - TXBC is a Cryptocurrency fund tracking the FTSE Crypto 10 ex-BTC Index, while TCAN is a Blockchain fund actively managed by 21Shares. TXBC is passively managed, while TCAN is actively managed. At a 0.46 correlation, their price movements are largely independent.

Performance

TXBC vs. TCAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC) and 21Shares Canton Network ETF (TCAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TXBC

• 1D: 1.93%
• 1M: -16.89%
• YTD: -40.49%
• 6M: -40.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TCAN

• 1D: -4.17%
• 1M: -5.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXBC vs. TCAN - Yearly Performance Comparison

	2026 (YTD)
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF	-24.54%
TCAN 21Shares Canton Network ETF	-0.44%

Correlation

The correlation between TXBC and TCAN 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 May 7, 2026	0.46

Return for Risk

TXBC vs. TCAN - 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 21Shares Canton Network ETF (TCAN). 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

TXBC vs. TCAN - Drawdown Comparison

The maximum TXBC drawdown since its inception was -53.45%, which is greater than TCAN's maximum drawdown of -13.88%. Use the drawdown chart below to compare losses from any high point for TXBC and TCAN.

Drawdown Indicators

	TXBC	TCAN	Difference
Max Drawdown Largest peak-to-trough decline	-53.45%	-13.88%	-39.57%
Current Drawdown Current decline from peak	-51.25%	-12.90%	-38.35%
Average Drawdown Average peak-to-trough decline	-31.59%	-5.90%	-25.69%

Volatility

Volatility by Period

	TXBC	TCAN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	62.86%	64.51%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.86%	64.51%	-1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.86%	64.51%	-1.65%

Dividends

TXBC vs. TCAN - Dividend Comparison

Neither TXBC nor TCAN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TXBC and TCAN in my portfolio?

TXBC and TCAN 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.

Which ETF pays a higher dividend yield, TXBC or TCAN?

TXBC and TCAN have nearly identical dividend yields, around 0.00%.

What is the main difference between TXBC and TCAN?

TXBC is categorized as Cryptocurrency, while TCAN is Blockchain.