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 46 ETFs in the Blockchain category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin XRP ETF | 0.19% | — | Nov 2025 | HYPG vs XRPZ | |
| 21Shares Solana ETF | 0.21% | 3.13M | Nov 2025 | HYPG vs TSOL | |
| Invesco Galaxy Solana ETF | 0.25% | — | Dec 2025 | HYPG vs QSOL | |
| 21Shares XRP ETF | 0.30% | 124.21M | Dec 2025 | HYPG vs TOXR | |
| Schwab Crypto Thematic ETF | 0.30% | 225.01M | Aug 2022 | HYPG vs STCE |
Best Risk-Adjusted Alternatives to HYPG
Among 25 ETFs in the Blockchain category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 88 | 82.51M | Sep 2024 | HYPG vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | 83 | 20.73M | Sep 2024 | HYPG vs DECO | |
| First Trust Indxx Innovative Transaction & Process... | 52 | 127.36M | Jan 2018 | HYPG vs LEGR | |
| CoinShares Bitcoin Miners ETF | 45 | 240.40M | Feb 2022 | HYPG vs WGMI | |
| VanEck Onchain Economy ETF | 20 | — | May 2025 | HYPG vs NODE |
Top Performing HYPG Alternatives (YTD)
Among 44 ETFs in the Blockchain category with YTD return data, the top-performing alternatives shown here go as high as 67.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Long CORZ Daily ETF | 67.03% | — | Nov 2025 | HYPG vs COZX | |
| State Street Galaxy Digital Asset Ecosystem ETF | 65.32% | 20.73M | Sep 2024 | HYPG vs DECO | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 64.59% | 82.51M | Sep 2024 | HYPG vs HECO | |
| CoinShares Bitcoin Miners ETF | 37.71% | 240.40M | Feb 2022 | HYPG vs WGMI | |
| Grayscale Bitcoin Miners ETF | 19.11% | 12.57M | Jan 2025 | HYPG vs MNRS |
Lowest Volatility Alternatives to HYPG
HYPG has 92.61% 1-year volatility. There are 38 ETFs in the Blockchain category with lower 1-year volatility, going as low as 14.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | 14.54% | 127.36M | Jan 2018 | HYPG vs LEGR | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 17.45% | — | Feb 2025 | HYPG vs CBXJ | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 26.69% | — | Feb 2025 | HYPG vs CBTJ | |
| Innovator Uncapped Bitcoin 20 Floor ETF - Quarterl... | 27.24% | — | Feb 2025 | HYPG vs QBF | |
| Fortuna Hedged Bitcoin ETF | 27.88% | — | Mar 2025 | HYPG vs HBTC |
Lowest Drawdown Alternatives to HYPG
Among 25 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% | 127.36M | Jan 2018 | HYPG vs LEGR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | -21.03% | 82.51M | Sep 2024 | HYPG vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -25.60% | 20.73M | Sep 2024 | HYPG vs DECO | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | -30.16% | — | Feb 2025 | HYPG vs CBXJ | |
| VanEck Onchain Economy ETF | -35.35% | — | May 2025 | HYPG vs NODE |
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 $9B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Grayscale Bitcoin Trust ETF | Cryptocurrency | 2 | -26.20% | 8.64B | Jan 2024 | HYPG vs GBTC | |
| Grayscale Ethereum Trust ETF | Cryptocurrency | 4 | -36.43% | 1.42B | Dec 2017 | HYPG vs ETHE | |
| Grayscale Bitcoin Mini Trust ETF | Cryptocurrency | 2 | -25.64% | 3.69B | Jul 2024 | HYPG vs BTC | |
| Grayscale CoinDesk Crypto 5 ETF | Cryptocurrency | 3 | -29.02% | 341.36M | Feb 2018 | HYPG vs GDLC | |
| Grayscale Ethereum Staking Mini ETF | Cryptocurrency | 4 | -35.53% | 1.55B | Jul 2024 | HYPG vs ETH | |
| Grayscale Future of Finance ETF | Blockchain, Technology Equities | — | — | 6.70M | Feb 2022 | HYPG vs GFOF | |
| Grayscale Litecoin Trust | Cryptocurrency | 2 | -40.71% | — | Aug 2020 | HYPG vs LTCN | |
| Grayscale Chainlink Trust ETF | Cryptocurrency, Blockchain | 2 | -30.24% | 83.49M | Feb 2021 | HYPG vs GLNK | |
| Grayscale Ethereum Classic Trust (ETC) | Cryptocurrency, Blockchain | 0 | -42.49% | 141.12M | Apr 2017 | HYPG vs ETCG | |
| Grayscale Solana Staking ETF | Cryptocurrency | — | — | 98.64M | Nov 2021 | HYPG vs GSOL |
Often Compared With HYPG
Investors most often compare HYPG with THYP, CIFU, VSOL. These 5 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 21Shares Hyperliquid ETF | Cryptocurrency | — | — | 61.49M | — | HYPG vs THYP | |
| T-REX 2X Long CIFR Daily Target ETF | Leveraged Equities, Blockchain | — | -3.45% | 9.61M | Nov 2025 | HYPG vs CIFU | |
| VanEck Solana ETF | Cryptocurrency, Blockchain | — | -35.87% | 14.55M | Oct 2025 | HYPG vs VSOL | |
| Siren ETF Trust Siren Nasdaq NexGen Economy ETF | Large Cap Blend Equities, Blockchain | — | — | 33.42M | Jan 2018 | HYPG vs BLCN | |
| Bitwise Crypto Industry Innovators ETF | Blockchain, Technology Equities | 14 | 18.16% | 366.79M | May 2021 | HYPG vs BITQ |
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