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Launched

21Shares 2x Long Dogecoin ETF

TXXDNasdaq21SharesFThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$27.08−1.29 (−4.53%)

At close: Nov 2, 2026, 4:00 PM ET

F16/ 100

Rank 13 of 14 in 2x Long Crypto

F16/100Rank 13 of 14in2x Long Crypto
Intraday session: down, 79 prints from 28.36 to 27.08. Range 26.96 to 28.40. Use the arrow keys to read each point.27.2527.5027.7528.0010 AM12 PM2 PM4 PM
Expense ratio
3.36%
Fund size
$4M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
69.1K sh
52W range
low $27.89high $276.80
Launched

The ETF.net TXXD Grade

Based on 4 of 6 pillars

F

Score 16 out of 100

Category
2x Long Crypto⁠
Rank
13 of 14
Six-pillar profile for TXXD. Scores out of 100: Cost 8, Risk 21, Mission not scored, Tradability 28, Holdings not scored, Durability 23. Strongest: Tradability (28). Weakest: Cost (8). Based on 4 of 6 pillars.

Score 16 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
17
This cap took
0
Published Score
16 Grade F

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F8 out of 100
    Rank 13 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F21 out of 100
    Rank 14 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D28 out of 100
    Rank 9 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F23 out of 100
    Rank 11 of 14

Our read on TXXD

ETF.net Research

In short

FLeverage aimed at the internet's dog coin. TXXD uses DOGE swaps and futures to chase twice Dogecoin's daily move, NAV to NAV, resetting every day. The 3.36% expense ratio sits above the leveraged-crypto norm.

Stated mandate

The fund seeks daily, before-fee-and-expense returns equal to twice Dogecoin's daily price performance, measured from one NAV calculation to the next. It is not designed to achieve that objective over periods longer than one day.

Why people hold it

  • Targets twice Dogecoin's daily price move using DOGE swaps and futures, so the exposure arrives in a brokerage account rather than a crypto wallet.21shares.com
  • The mandate is blunt about its own limits: daily results before fees, measured one NAV calculation to the next, and not designed for any longer period.21shares.com
  • Dogecoin is a rare leverage target. The category's best-known funds point at bitcoin, ether and XRP (BITU, ETHT, UXRP). This one aims its 2x at DOGE.

Worth knowing

  • Cost sits at the top of the group: 3.36% a year, above the category median, against 0.95% for BITU and 2.75% for BITX.
  • Daily reset means compounding. Held through a choppy stretch, results can drift far from twice DOGE's move over that span, in either direction.21shares.com
  • Launched in November 2025, so the record is short and the asset base still modest for a fund stacking leverage on a famously jumpy coin.

TXXD Performance

Launched Nov 20, 2025

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.
TXXD$2,198
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. TXXD $2,198. SPY $11,169. Use the arrow keys to read each point.$5,000$10,000$15,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for TXXD. Periods over one year show the average yearly return.
PeriodTXXD
Year to date−78.0%
1 month−39.4%
3 months−2.9%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TXXD
YearReturn barTXXD
2026 YTD−78.0%
2025−47.1%

Since listing, Nov 20, 2025

TXXD in the news

TXXD Dividends

Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Feb 25, 2026 $0.03. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Feb 25, 2026Feb 26, 2026$0.03

TXXD Risk

Risk pillarF21 out of 100Rank 14 of 14 in 2x Long Crypto

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Nov 2025; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Nov 2025; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
3.56
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TXXD Cost

Compare TXXD and BITU

Overpaying vs BITU, tied cheapest in 2x Long Crypto

$29,024

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TXXD 3.36%

    $46,893

  • BITU 0.95% Tied cheapest

    $17,869

$10,000
30 years

Cost over time

  • TXXD 3.36%
  • BITU 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530TXXD $46,893BITU $17,869

Year by year

YearTXXDBITUOverpaying
10$5,374$1,678$3,696
20$18,254$6,322$11,932
30$46,893$17,869$29,024

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