TXXH vs. TDOT

Last updated Jun 30, 2026

TXXH (21Shares 2x Long HYPE ETF) and TDOT (21Shares Polkadot ETF) are both exchange-traded funds - TXXH is a Leveraged Cryptocurrency fund actively managed by 21Shares, while TDOT is a Cryptocurrency fund tracking the DOT/USD Exchange Rate - Benchmark Price Return. TXXH is actively managed, while TDOT is passively managed. A 0.54 correlation means they provide meaningful diversification when combined. TXXH charges 1.89%/yr vs 0.30%/yr for TDOT.

Performance

TXXH vs. TDOT - Performance Comparison

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

Returns By Period

TXXH

• 1D: 6.57%
• 1M: -13.53%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDOT

• 1D: -3.27%
• 1M: -30.46%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXH vs. TDOT - Yearly Performance Comparison

	2026 (YTD)
TXXH 21Shares 2x Long HYPE ETF	115.50%
TDOT 21Shares Polkadot ETF	-30.50%

Correlation

The correlation between TXXH and TDOT is 0.54, 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	0.54

Return for Risk

TXXH vs. TDOT - Risk-Adjusted Trends Comparison

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

TXXH vs. TDOT - Drawdown Comparison

The maximum TXXH drawdown since its inception was -50.46%, roughly equal to the maximum TDOT drawdown of -48.26%. Use the drawdown chart below to compare losses from any high point for TXXH and TDOT.

Drawdown Indicators

	TXXH	TDOT	Difference
Max Drawdown Largest peak-to-trough decline	-50.46%	-48.26%	-2.20%
Current Drawdown Current decline from peak	-29.17%	-48.26%	+19.09%
Average Drawdown Average peak-to-trough decline	-15.39%	-22.82%	+7.43%

Volatility

Volatility by Period

	TXXH	TDOT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	195.45%	63.88%	+131.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.45%	63.88%	+131.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.45%	63.88%	+131.57%

TXXH vs. TDOT - Expense Ratio Comparison

TXXH has a 1.89% expense ratio, which is higher than TDOT's 0.30% expense ratio.

Dividends

TXXH vs. TDOT - Dividend Comparison

TXXH has not paid dividends to shareholders, while TDOT's dividend yield for the trailing twelve months is around 1.48%.

Position	TTM
TDOT 21Shares Polkadot ETF	1.48%
TXXH 21Shares 2x Long HYPE ETF	0.00%

Frequently Asked Questions

Can I hold both TXXH and TDOT in my portfolio?

TXXH and TDOT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TXXH or TDOT?

On fees, TDOT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TXXH or TDOT?

TDOT is cheaper with a 0.30% expense ratio, compared with 1.89% for TXXH.

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

TDOT has the higher dividend yield at 1.48%, compared with 0.00% for TXXH.

What is the main difference between TXXH and TDOT?

TXXH is categorized as Leveraged Cryptocurrency, while TDOT is Cryptocurrency. Their fees differ too: 1.89% for TXXH and 0.30% for TDOT.