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Launched · SEC filings

21Shares 2x Long Sui ETF

TXXSNasdaqDThis 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.

$37.79−1.31 (−3.36%)

At close: Oct 13, 2026, 4:00 PM

D37/ 100

Rank 10 of 15 in 2x Long Crypto

D37/100Rank 10 of 15in2x Long Crypto
Intraday session: down, 27 prints from 39.11 to 37.79. Range 36.62 to 38.23. Use the arrow keys to read each point.36.5037.0037.5038.5010 AM12 PM2 PM4 PM
Expense ratio
1.89%
Fund size
$7M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
3
Avg volume · 30D
0M sh
NAV per share
$37.85
52W range
low $17.75high $307.00
Launched
Filings
SEC EDGAR

The ETF.net TXXS Grade

Based on 4 of 6 pillars

D

Score 37 out of 100

Category
2x Long Crypto⁠
Rank
10 of 15
Six-pillar profile for TXXS. Scores out of 100: Cost 46, Risk 31, Mission not scored, Tradability 31, Holdings not scored, Durability 27. Strongest: Cost (46). Weakest: Durability (27). Based on 4 of 6 pillars.

Score 37 of 100 falls in the D 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.
    C46 out of 100
    Rank 7 of 15

  • 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.
    D31 out of 100
    Rank 12 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D31 out of 100
    Rank 9 of 15

  • 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.
    D27 out of 100
    Rank 11 of 15

Our read on TXXS

ETF.net Research

DLeveraged crypto ETFs mostly stop at bitcoin and ether. TXXS reaches further down the chain, aiming for two times Sui's daily price move through swaps and futures rather than holding the token, with the clock resetting every day.

Stated mandate

The Fund seeks before-fee daily results equal to two times Sui’s daily price performance for one NAV-to-NAV day, not longer periods. It uses primarily swaps, futures, and options rather than holding Sui directly, with at least 80% exposure-consistent instruments targeted under normal circumstances.

Why people hold it

  1. 01A rare single-token leveraged play on Sui in a shelf built around bitcoin, ether and XRP (BITU, ETHT, UXRP). If Sui is the coin you follow, the geared wrapper exists.21shares.com
  2. 02Fees land at the middle of the leveraged crypto pack: 1.89% a year, versus 2.75% at BITX and 2.97% at ETHU.
  3. 03No wallet, no keys, no crypto exchange account. Geared Sui exposure arrives as a brokerage ticker, with at least 80% of assets in Sui-linked instruments under normal conditions.cdn.21shares.com

Worth knowing

  1. 01The 2x target covers one NAV-to-NAV day, not a week or a year. Compounding means multi-day results can diverge sharply from twice Sui's move, and choppy markets widen that gap.
  2. 02Exposure is synthetic: swaps, futures and options rather than Sui itself. Counterparty terms and derivative pricing sit between the fund and the token.21shares.com
  3. 03Launched in December 2025, it is a small fund that trades lightly next to the bitcoin and ether leveraged names, so spreads can be wider.

TXXS Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
3
Top-10 weight
100%
Largest holding
SUI Futures Oct2666.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SUI Futures Oct2666.65%28,129$15M2
002—Cash & Other24.86%5,557,986$6M672
003—Us Bank Mmda - Usbgfs 9 09/01/20378.49%1,898,492$2M163

Showing 1–3 of 3 holdings

TXXS Performance

Launched Dec 4, 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.
TXXS$2,450
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. TXXS $2,450. SPY $11,500. Use the arrow keys to read each point.$-186$9,291$18,768Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

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.

Trailing total return for TXXS. Periods over one year show the average yearly return.
PeriodTXXS
Year to date−75.5%
1 month+88.8%
3 months+66.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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 TXXS
YearReturn barTXXS
2026 YTD−75.5%
2025−35.0%

Since listing, Dec 4, 2025

TXXS in the news

Filtered to TXXS · 2x Long Crypto

TXXS Dividends

Last payment
$0.06 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 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Feb 25, 2026Feb 26, 2026$0.06

TXXS Risk

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 Dec 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 Dec 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 Dec 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.
1.99
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.

TXXS Cost

Expense ratio1.89%
  • The middle half of 2x Long Crypto funds
  • Median 1.89%

6 of the 14 2x Long Crypto funds charge less.

TXXS costs $189.00 a year on $10,000. The median 2x Long Crypto fund costs $189.00.

Other funds in 2x Long Crypto

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