TXXD vs. BTCU

Last updated Jul 17, 2026

TXXD (21Shares 2x Long Dogecoin ETF) and BTCU (Direxion Daily Bitcoin Bull 2X ETF) are both Leveraged Cryptocurrency funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure.

Performance

TXXD vs. BTCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares 2x Long Dogecoin ETF (TXXD) and Direxion Daily Bitcoin Bull 2X ETF (BTCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TXXD

• 1D: -2.10%
• 1M: -31.94%
• 6M: -81.41%
• YTD: -74.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCU

• 1D: -2.32%
• 1M: -6.32%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXD vs. BTCU - Yearly Performance Comparison

	2026 (YTD)
TXXD 21Shares 2x Long Dogecoin ETF	-51.53%
BTCU Direxion Daily Bitcoin Bull 2X ETF	-29.64%

Correlation

The correlation between TXXD and BTCU is 0.83, 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 May 27, 2026	0.83

Return for Risk

TXXD vs. BTCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares 2x Long Dogecoin ETF (TXXD) and Direxion Daily Bitcoin Bull 2X ETF (BTCU). 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

TXXD vs. BTCU - Drawdown Comparison

The maximum TXXD drawdown since its inception was -88.61%, which is greater than BTCU's maximum drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for TXXD and BTCU.

Drawdown Indicators

	TXXD	BTCU	Difference
Max Drawdown Largest peak-to-trough decline	-88.61%	-40.67%	-47.94%
Current Drawdown Current decline from peak	-88.22%	-29.78%	-58.44%
Average Drawdown Average peak-to-trough decline	-65.02%	-28.40%	-36.62%

Volatility

Volatility by Period

	TXXD	BTCU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	144.21%	86.91%	+57.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	144.21%	86.91%	+57.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	144.21%	86.91%	+57.30%

Dividends

TXXD vs. BTCU - Dividend Comparison

TXXD's dividend yield for the trailing twelve months is around 0.10%, less than BTCU's 0.25% yield.

Position	TTM
BTCU Direxion Daily Bitcoin Bull 2X ETF	0.25%
TXXD 21Shares 2x Long Dogecoin ETF	0.10%

Frequently Asked Questions

Can I hold both TXXD and BTCU in my portfolio?

TXXD and BTCU have a correlation of 0.83, 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, TXXD or BTCU?

BTCU has the higher dividend yield at 0.25%, compared with 0.10% for TXXD.

What is the main difference between TXXD and BTCU?

They also come from different issuers: 21Shares and Direxion.