Grayscale Hyperliquid Staking ETF (HYPG) belongs to the Blockchain category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYPG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYPG
Among 45 ETFs in the Blockchain category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.21%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| 21Shares Solana ETF | 0.21% | 2.60M | Nov 2025 | HYPG vs TSOL | |
| Invesco Galaxy Solana ETF | 0.25% | — | Dec 2025 | HYPG vs QSOL | |
| Schwab Crypto Thematic ETF | 0.30% | 281.76M | Aug 2022 | HYPG vs STCE | |
| VanEck Solana ETF | 0.30% | 13.91M | Oct 2025 | HYPG vs VSOL | |
| 21Shares XRP ETF | 0.30% | 153.97M | Dec 2025 | HYPG vs TOXR |
Best Risk-Adjusted Alternatives to HYPG
Among 26 ETFs in the Blockchain category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 90 | 85.69M | Sep 2024 | HYPG vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | 87 | 22.19M | Sep 2024 | HYPG vs DECO | |
| CoinShares Bitcoin Miners ETF | 72 | 395.17M | Feb 2022 | HYPG vs WGMI | |
| First Trust Indxx Innovative Transaction & Process... | 48 | 127.60M | Jan 2018 | HYPG vs LEGR | |
| Grayscale Bitcoin Miners ETF | 31 | 20.37M | Jan 2025 | HYPG vs MNRS |
Top Performing HYPG Alternatives (YTD)
Among 42 ETFs in the Blockchain category with YTD return data, the top-performing alternatives shown here go as high as 136.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Long CORZ Daily ETF | 136.27% | — | Nov 2025 | HYPG vs COZX | |
| State Street Galaxy Digital Asset Ecosystem ETF | 75.90% | 22.19M | Sep 2024 | HYPG vs DECO | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 70.05% | 85.69M | Sep 2024 | HYPG vs HECO | |
| CoinShares Bitcoin Miners ETF | 66.45% | 395.17M | Feb 2022 | HYPG vs WGMI | |
| T-REX 2X Long CIFR Daily Target ETF | 56.02% | 18.81M | Nov 2025 | HYPG vs CIFU |
Lowest Volatility Alternatives to HYPG
HYPG has 109.96% 1-year volatility. There are 37 ETFs in the Blockchain category with lower 1-year volatility, going as low as 14.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | 14.41% | 127.60M | Jan 2018 | HYPG vs LEGR | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 17.76% | — | Feb 2025 | HYPG vs CBXJ | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 27.01% | — | Feb 2025 | HYPG vs CBTJ | |
| Innovator Uncapped Bitcoin 20 Floor ETF - Quarterl... | 27.43% | — | Feb 2025 | HYPG vs QBF | |
| Fortuna Hedged Bitcoin ETF | 28.24% | — | Mar 2025 | HYPG vs HBTC |
Lowest Drawdown Alternatives to HYPG
Among 26 ETFs in the Blockchain category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -10.40%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | -10.40% | 127.60M | Jan 2018 | HYPG vs LEGR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | -21.03% | 85.69M | Sep 2024 | HYPG vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -25.60% | 22.19M | Sep 2024 | HYPG vs DECO | |
| Siren ETF Trust Siren Nasdaq NexGen Economy ETF | -29.53% | 36.69M | Jan 2018 | HYPG vs BLCN | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | -29.84% | — | Feb 2025 | HYPG vs CBXJ |
Other ETFs from Grayscale
The 10 most viewed Grayscale ETFs shown here include GBTC, ETHE, BTC and span 3 categories. AUM among these funds goes as high as $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Grayscale Bitcoin Trust ETF | Cryptocurrency | 2 | -31.58% | 8.23B | Jan 2024 | HYPG vs GBTC | |
| Grayscale Ethereum Trust ETF | Cryptocurrency | 6 | -45.60% | 1.33B | Dec 2017 | HYPG vs ETHE | |
| Grayscale Bitcoin Mini Trust ETF | Cryptocurrency | 2 | -31.09% | 3.26B | Jul 2024 | HYPG vs BTC | |
| Grayscale CoinDesk Crypto 5 ETF | Cryptocurrency | 3 | -34.49% | 317.85M | Feb 2018 | HYPG vs GDLC | |
| Grayscale Future of Finance ETF | Blockchain, Technology Equities | — | — | 6.70M | Feb 2022 | HYPG vs GFOF | |
| Grayscale Ethereum Staking Mini ETF | Cryptocurrency | 6 | -44.98% | 1.35B | Jul 2024 | HYPG vs ETH | |
| Grayscale Chainlink Trust ETF | Cryptocurrency, Blockchain | 4 | -39.14% | 73.42M | Feb 2021 | HYPG vs GLNK | |
| Grayscale Ethereum Classic Trust (ETC) | Cryptocurrency, Blockchain | 3 | -38.79% | 141.12M | Apr 2017 | HYPG vs ETCG | |
| Grayscale Litecoin Trust | Cryptocurrency | 4 | -45.08% | — | Aug 2020 | HYPG vs LTCN | |
| Grayscale Solana Staking ETF | Cryptocurrency | — | — | 100.11M | Nov 2021 | HYPG vs GSOL |
Compare HYPG with Any Fund or Stock
Compare HYPG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYPG with funds that move differently
Grayscale Hyperliquid Staking ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYPG.
Explore HYPG Diversifiers