Crypto index comparison, tier 4
Compass Crypto Indices Alternative: CCi30 vs Compass Crypto Indices
The CCi30 Cryptocurrency Index is the rules-based alternative to the Compass Crypto Indices. This page reviews the Compass Financial Technologies (Compass Crypto Reference Indices, CoinShares-Compass Top 10, et al.) under the eight-criterion CCi30 test and compares both indices on universe, weighting, independence, track record, and investability.
What is the alternative to the Compass Crypto Indices?
The CCi30 Cryptocurrency Index replaces the Compass Crypto Indices for investors who need a whole-market benchmark. The CCi30 holds the 30 largest cryptocurrencies by smoothed market capitalization, weights them by the square root of that figure, excludes stablecoins by rule, and has published live values since 1 January 2015.
- 30 constituents
- Square-root weighting
- Stablecoins excluded by rule
- Live since 1 January 2015
- Independent, fully rules-based
What is the Compass Crypto Indices?
A Swiss index engineering firm, EU BMR-registered, supplying single-asset reference rates (the Compass Crypto Reference Index family) and client-branded baskets, most visibly the CoinShares-Compass Top 10 Crypto Market Index (ten largest assets, cap-weighted, 35% single-asset cap), plus Layer-1, smart-contract, DeFi, and equal-weighted mandates for ETP issuers.
Where the Compass Crypto Indices falls short statistically
Compass is the continental counterpart of Vinter: a professional benchmark manufacturer whose product is whatever the client specifies. The flagship basket illustrates the resulting design-by-committee: ten constituents (one-third of the statistically significant count) and a 35% cap, the tourniquet approach to Bitcoin dominance, producing a kinked weight function that forces mechanical selling of the strongest asset at every rebalance. Ten names, capped weights, issuer branding: every parameter traces to product requirements (custody menus, ETP fee economics, marketing simplicity) rather than to any theory of market representation. The reference-rate work is competent; the basket work is bespoke tailoring.
Method and sources
Methodology facts on this page come from the published documents of the provider; constituent lists change and should be re-verified before citation. The CCi30 rules are published in the methodology manual. The full comparison set is on the crypto index comparison hub, and the allocation calculator shows the CCi30 basket for any amount.