TXXD vs. TDOG

Last updated Aug 5, 2026

TXXD (21Shares 2x Long Dogecoin ETF) and TDOG (21Shares Dogecoin ETF) are both exchange-traded funds - TXXD is a Leveraged Cryptocurrency fund actively managed by 21Shares, while TDOG is a Cryptocurrency fund tracking the Dogecoin (DOGE). TXXD is actively managed, while TDOG is passively managed. Their 0.99 correlation means they have historically moved very closely together. TXXD charges 1.89%/yr vs 0.50%/yr for TDOG.

Performance

TXXD vs. TDOG - Performance Comparison

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

Returns By Period

TXXD

• 1D: 0.68%
• 1M: -12.50%
• 6M: -70.51%
• YTD: -76.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TDOG

• 1D: 0.21%
• 1M: -5.15%
• 6M: -35.59%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TDOG 21Shares Dogecoin ETF	$6.63K	$10.06K	$30.71K
TXXD 21Shares 2x Long Dogecoin ETF	$65.86K	$108.29K	$307.72K

TXXD vs. TDOG - Yearly Performance Comparison

	2026 (YTD)
TXXD 21Shares 2x Long Dogecoin ETF	-79.37%
TDOG 21Shares Dogecoin ETF	-43.94%

Correlation

The correlation between TXXD and TDOG is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 22, 2026	0.99

Return for Risk

TXXD vs. TDOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares 2x Long Dogecoin ETF (TXXD) and 21Shares Dogecoin ETF (TDOG). 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. TDOG - Drawdown Comparison

The maximum TXXD drawdown since its inception was -89.59%, which is greater than TDOG's maximum drawdown of -45.22%. Use the drawdown chart below to compare losses from any high point for TXXD and TDOG.

Drawdown Indicators

	TXXD	TDOG	Difference
Max Drawdown Largest peak-to-trough decline	-89.59%	-45.22%	-44.37%
Current Drawdown Current decline from peak	-89.25%	-44.22%	-45.03%
Average Drawdown Average peak-to-trough decline	-66.81%	-26.29%	-40.52%

Volatility

Volatility by Period

	TXXD	TDOG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	139.96%	61.13%	+78.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.96%	61.13%	+78.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.96%	61.13%	+78.83%

TXXD vs. TDOG - Expense Ratio Comparison

TXXD has a 1.89% expense ratio, which is higher than TDOG's 0.50% expense ratio.

Dividends

TXXD vs. TDOG - Dividend Comparison

TXXD's dividend yield for the trailing twelve months is around 0.11%, while TDOG has not paid dividends to shareholders.

Position	TTM
TDOG 21Shares Dogecoin ETF	0.00%
TXXD 21Shares 2x Long Dogecoin ETF	0.11%

Frequently Asked Questions

Can I hold both TXXD and TDOG in my portfolio?

With a correlation of 0.99, TXXD and TDOG 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.

Which ETF is better, TXXD or TDOG?

On fees, TDOG is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TXXD or TDOG?

TDOG is cheaper with a 0.50% expense ratio, compared with 1.89% for TXXD.

Which ETF pays a higher dividend yield, TXXD or TDOG?

TXXD has the higher dividend yield at 0.11%, compared with 0.00% for TDOG.

What is the main difference between TXXD and TDOG?

TXXD is categorized as Leveraged Cryptocurrency, while TDOG is Cryptocurrency. Their fees differ too: 1.89% for TXXD and 0.50% for TDOG.