21shares Polkadot ETF Shares of Beneficial Interest
The ETF.net TDOT Grade
B
Score 61 out of 100
- 11 of 26
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A86 out of 100Rank 3 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 12 of 26Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D26 out of 100Rank 23 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 3 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D30 out of 100Rank 24 of 26
Our read on TDOT
BThe first US spot Polkadot fund: it holds real DOT, stakes a slice of the pile, and passes those network rewards through to shareholders. Fee sits under the typical spot-crypto rate, and the fund is still small and new.
The Trust seeks to track the performance of DOT as measured by the CME CF Polkadot — Dollar Reference Rate — NY Variant.
Why people hold it
- 0.30% a year, below the going rate across spot-crypto funds and matching the cheapest end of 21Shares' own altcoin shelf (TSUI, TOXR).
- Stakes part of its DOT and distributes the staking rewards it collects, so holders get network income alongside price exposure without running a wallet or validator.21shares.com
- Plain plumbing: a grantor trust holding the coin itself, tracking the CME CF Polkadot Dollar Reference Rate (NY Variant), the same wrapper used by spot bitcoin ETFs.globenewswire.com
- Brokerage-account access to Polkadot, a layer-0 network built around cross-chain interoperability, without keys, exchanges or self-custody.21shares.com
Worth knowing
- A small, lightly traded fund launched in 2026, which tends to mean wider spreads than the household-name crypto ETFs.
- Registered under the 1933 Act, not the Investment Company Act of 1940, so the protections that come with a standard ETF wrapper do not apply.globenewswire.com
- One token, one network, plus staking-specific risks layered on top of DOT's volatility. The issuer flags full loss of investment as possible.21shares.com
TDOT Holdings
- Other
- 1
- 100%
- Polkadot
TDOT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TDOT$13,948
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TDOT |
|---|---|
| Year to date | — |
| 1 month | +16.1% |
| 3 months | +39.5% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TDOT |
|---|---|---|
| 2026 YTD | −17.4% |
TDOT in the news
TDOT Dividends
- $0.05 per share
- Quarterly
Distribution data unavailable.
Distribution history
TDOT Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TDOT Cost
0.30%
TDOT0.30%
- The middle half of Crypto Spot funds
- Median 0.35%
2 of the 26 Crypto Spot funds charge less.
Other funds in Crypto Spot
- BBAVABitwise Avalanche ETFExpense ratio 0.34%1 year return —
- BGDOGGrayscale Dogecoin Trust ETFExpense ratio 0.35%1 year return —
- BGLNKGrayscale Chainlink Trust LinkExpense ratio 0.35%1 year return −58.9%
- BXRPCCanary XRP ETFExpense ratio 0.50%1 year return —
- BGAVAGrayscale Avalanche Staking ETFExpense ratio 0.35%1 year return —