TXXH vs. TXXS

Last updated Jun 30, 2026

TXXH (21Shares 2x Long HYPE ETF) and TXXS (21Shares 2x Long Sui ETF) are both Leveraged Cryptocurrency funds from 21Shares. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 1.89% expense ratio.

Performance

TXXH vs. TXXS - 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 Sui ETF (TXXS). 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*: —

TXXS

• 1D: 2.45%
• 1M: -43.19%
• YTD: -86.40%
• 6M: -87.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXH vs. TXXS - Yearly Performance Comparison

	2026 (YTD)
TXXH 21Shares 2x Long HYPE ETF	115.50%
TXXS 21Shares 2x Long Sui ETF	-48.82%

Correlation

The correlation between TXXH and TXXS is 0.46, 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	0.46

Return for Risk

TXXH vs. TXXS - 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 Sui ETF (TXXS). 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. TXXS - Drawdown Comparison

The maximum TXXH drawdown since its inception was -50.46%, smaller than the maximum TXXS drawdown of -92.97%. Use the drawdown chart below to compare losses from any high point for TXXH and TXXS.

Drawdown Indicators

	TXXH	TXXS	Difference
Max Drawdown Largest peak-to-trough decline	-50.46%	-92.97%	+42.51%
Current Drawdown Current decline from peak	-29.17%	-92.21%	+63.04%
Average Drawdown Average peak-to-trough decline	-15.39%	-66.95%	+51.56%

Volatility

Volatility by Period

	TXXH	TXXS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	195.45%	181.29%	+14.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.45%	181.29%	+14.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.45%	181.29%	+14.16%

TXXH vs. TXXS - Expense Ratio Comparison

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

Dividends

TXXH vs. TXXS - Dividend Comparison

TXXH has not paid dividends to shareholders, while TXXS's dividend yield for the trailing twelve months is around 0.25%.

Position	TTM
TXXH 21Shares 2x Long HYPE ETF	0.00%
TXXS 21Shares 2x Long Sui ETF	0.25%

Frequently Asked Questions

Can I hold both TXXH and TXXS in my portfolio?

TXXH and TXXS have a correlation of 0.46, 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 TXXS?

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 TXXS?

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

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

TXXS has the higher dividend yield at 0.25%, compared with 0.00% for TXXH.