TXXD vs. TXXH

Last updated Jul 18, 2026

TXXD (21Shares 2x Long Dogecoin ETF) and TXXH (21Shares 2x Long HYPE ETF) are both Leveraged Cryptocurrency funds from 21Shares. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 1.89% expense ratio.

Performance

TXXD vs. TXXH - Performance Comparison

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

Returns By Period

TXXD

• 1D: -1.55%
• 1M: -30.30%
• 6M: -81.30%
• YTD: -75.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXXH

• 1D: -7.02%
• 1M: -35.95%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXD vs. TXXH - Yearly Performance Comparison

	2026 (YTD)
TXXD 21Shares 2x Long Dogecoin ETF	-54.79%
TXXH 21Shares 2x Long HYPE ETF	65.65%

Correlation

The correlation between TXXD and TXXH is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 30, 2026	0.52

Return for Risk

TXXD vs. TXXH - Risk-Adjusted Trends Comparison

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

The maximum TXXD drawdown since its inception was -88.61%, which is greater than TXXH's maximum drawdown of -50.46%. Use the drawdown chart below to compare losses from any high point for TXXD and TXXH.

Drawdown Indicators

	TXXD	TXXH	Difference
Max Drawdown Largest peak-to-trough decline	-88.61%	-50.46%	-38.15%
Current Drawdown Current decline from peak	-88.40%	-45.55%	-42.85%
Average Drawdown Average peak-to-trough decline	-65.17%	-19.63%	-45.54%

Volatility

Volatility by Period

	TXXD	TXXH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	143.77%	184.18%	-40.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	143.77%	184.18%	-40.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	143.77%	184.18%	-40.41%

TXXD vs. TXXH - Expense Ratio Comparison

Both TXXD and TXXH have an expense ratio of 1.89%.

Dividends

TXXD vs. TXXH - Dividend Comparison

TXXD's dividend yield for the trailing twelve months is around 0.10%, while TXXH has not paid dividends to shareholders.

Position	TTM
TXXD 21Shares 2x Long Dogecoin ETF	0.10%
TXXH 21Shares 2x Long HYPE ETF	0.00%

Frequently Asked Questions

Can I hold both TXXD and TXXH in my portfolio?

TXXD and TXXH have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TXXD or TXXH?

Both ETFs have the same 1.89% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TXXD or TXXH?

TXXD and TXXH have the same expense ratio: 1.89% per year.

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

TXXD has the higher dividend yield at 0.10%, compared with 0.00% for TXXH.