TXXS vs. TXXH

Last updated Jul 12, 2026

TXXS (21Shares 2x Long Sui ETF) and TXXH (21Shares 2x Long HYPE ETF) are both Leveraged Cryptocurrency funds from 21Shares. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. Both charge a 1.89% expense ratio.

Performance

TXXS vs. TXXH - Performance Comparison

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

Returns By Period

TXXS

• 1D: 5.24%
• 1M: -10.30%
• 6M: -90.64%
• YTD: -85.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TXXH

• 1D: 0.86%
• 1M: 11.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXXS vs. TXXH - Yearly Performance Comparison

	2026 (YTD)
TXXS 21Shares 2x Long Sui ETF	-44.57%
TXXH 21Shares 2x Long HYPE ETF	111.52%

Correlation

The correlation between TXXS and TXXH is 0.45, 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	0.45

Return for Risk

TXXS vs. TXXH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares 2x Long Sui ETF (TXXS) 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

TXXS vs. TXXH - Drawdown Comparison

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

Drawdown Indicators

	TXXS	TXXH	Difference
Max Drawdown Largest peak-to-trough decline	-92.97%	-50.46%	-42.51%
Current Drawdown Current decline from peak	-91.57%	-30.48%	-61.09%
Average Drawdown Average peak-to-trough decline	-68.29%	-17.72%	-50.57%

Volatility

Volatility by Period

	TXXS	TXXH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	177.38%	186.44%	-9.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	177.38%	186.44%	-9.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	177.38%	186.44%	-9.06%

TXXS vs. TXXH - Expense Ratio Comparison

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

Dividends

TXXS vs. TXXH - Dividend Comparison

TXXS's dividend yield for the trailing twelve months is around 0.23%, while TXXH has not paid dividends to shareholders.

Position	TTM
TXXH 21Shares 2x Long HYPE ETF	0.00%
TXXS 21Shares 2x Long Sui ETF	0.23%

Frequently Asked Questions

Can I hold both TXXS and TXXH in my portfolio?

TXXS and TXXH have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TXXS 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, TXXS or TXXH?

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

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

TXXS has the higher dividend yield at 0.23%, compared with 0.00% for TXXH.