XRPZ vs. TCAN

Last updated Jul 17, 2026

XRPZ (Franklin XRP ETF) and TCAN (21Shares Canton Network ETF) are both Blockchain funds. XRPZ is passively managed, while TCAN is actively managed. At a 0.40 correlation, their price movements are largely independent. XRPZ charges 0.19%/yr vs 0.50%/yr for TCAN.

Performance

XRPZ vs. TCAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin XRP ETF (XRPZ) and 21Shares Canton Network ETF (TCAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XRPZ

• 1D: -1.08%
• 1M: -10.04%
• 6M: -47.44%
• YTD: -40.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TCAN

• 1D: -5.65%
• 1M: -19.39%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPZ vs. TCAN - Yearly Performance Comparison

	2026 (YTD)
XRPZ Franklin XRP ETF	-23.29%
TCAN 21Shares Canton Network ETF	-10.10%

Correlation

The correlation between XRPZ and TCAN is 0.40, 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 May 7, 2026	0.40

Return for Risk

XRPZ vs. TCAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin XRP ETF (XRPZ) and 21Shares Canton Network ETF (TCAN). 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

XRPZ vs. TCAN - Drawdown Comparison

The maximum XRPZ drawdown since its inception was -55.39%, which is greater than TCAN's maximum drawdown of -24.34%. Use the drawdown chart below to compare losses from any high point for XRPZ and TCAN.

Drawdown Indicators

	XRPZ	TCAN	Difference
Max Drawdown Largest peak-to-trough decline	-55.39%	-24.34%	-31.05%
Current Drawdown Current decline from peak	-52.60%	-21.35%	-31.25%
Average Drawdown Average peak-to-trough decline	-33.91%	-9.21%	-24.70%

Volatility

Volatility by Period

	XRPZ	TCAN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	71.20%	61.57%	+9.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.20%	61.57%	+9.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.20%	61.57%	+9.63%

XRPZ vs. TCAN - Expense Ratio Comparison

XRPZ has a 0.19% expense ratio, which is lower than TCAN's 0.50% expense ratio.

Dividends

XRPZ vs. TCAN - Dividend Comparison

Neither XRPZ nor TCAN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XRPZ and TCAN in my portfolio?

XRPZ and TCAN have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRPZ or TCAN?

On fees, XRPZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPZ or TCAN?

XRPZ is cheaper with a 0.19% expense ratio, compared with 0.50% for TCAN.

Which ETF pays a higher dividend yield, XRPZ or TCAN?

XRPZ and TCAN have nearly identical dividend yields, around 0.00%.

What is the main difference between XRPZ and TCAN?

They also come from different issuers: Franklin and 21Shares. Their fees differ too: 0.19% for XRPZ and 0.50% for TCAN.