TXXH vs. TXXD

Last updated Jun 30, 2026

TXXH (21Shares 2x Long HYPE ETF) and TXXD (21Shares 2x Long Dogecoin ETF) are both Leveraged Cryptocurrency funds from 21Shares. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. Both charge a 1.89% expense ratio.

Performance

TXXH vs. TXXD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares 2x Long HYPE ETF (TXXH) and 21Shares 2x Long Dogecoin ETF (TXXD). 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*: —

TXXD

• 1D: -4.26%
• 1M: -49.07%
• YTD: -74.04%
• 6M: -76.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXH vs. TXXD - Yearly Performance Comparison

	2026 (YTD)
TXXH 21Shares 2x Long HYPE ETF	115.50%
TXXD 21Shares 2x Long Dogecoin ETF	-52.80%

Correlation

The correlation between TXXH and TXXD is 0.48, 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 Apr 30, 2026	0.48

Return for Risk

TXXH vs. TXXD - Risk-Adjusted Trends Comparison

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

The maximum TXXH drawdown since its inception was -50.46%, smaller than the maximum TXXD drawdown of -88.14%. Use the drawdown chart below to compare losses from any high point for TXXH and TXXD.

Drawdown Indicators

	TXXH	TXXD	Difference
Max Drawdown Largest peak-to-trough decline	-50.46%	-88.14%	+37.68%
Current Drawdown Current decline from peak	-29.17%	-87.89%	+58.72%
Average Drawdown Average peak-to-trough decline	-15.39%	-63.19%	+47.80%

Volatility

Volatility by Period

	TXXH	TXXD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	195.45%	148.27%	+47.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.45%	148.27%	+47.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.45%	148.27%	+47.18%

TXXH vs. TXXD - Expense Ratio Comparison

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

Dividends

TXXH vs. TXXD - Dividend Comparison

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

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 TXXH and TXXD in my portfolio?

TXXH and TXXD have a correlation of 0.48, 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 TXXD?

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, TXXH or TXXD?

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

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

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