In a similar fashion, you can assign tone-based notifications to almost every type of notification, like texts, voicemail, new mail, sent mail, calendar, reminders, and also airdrop.
Finally, if you have decided to download new ringtones for your iPhone, please ensure that you do it from the official Apple Tone store, rather than third-party websites, as the security on these websites cannot be vouched for, and you may risk damaging your phone in the attempt to change the ringtone.
