- ISIN
- US38963W1045
- CUSIP
- 38963W104
- Issuer
- Grayscale
- Inception Date
- Aug 18, 2020
- Category
- Cryptocurrency
- Leveraged
- 1x (No leverage)
- Index Tracked
- CoinDesk Litecoin Price Index
- Distribution Policy
- Accumulating
- Asset Class
- Cryptocurrency
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Highlights
- Avg. Volume (1M)
- 77K
- Avg. Volume Value (1M)
- $254.02K
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
LTCN Performance Chart
Grayscale Litecoin Trust (LTCN) is down 44.8% since the beginning of the year. LTCN is currently trading at $3 per share. Investors who bought $1,000 worth of LTCN shares 5 years ago would now be looking at an investment worth $242.
Loading charts...
Compare this symbol against anything
Returns By Period
Grayscale Litecoin Trust (LTCN) has returned -44.82% so far this year and -61.34% over the past 12 months.
Grayscale Litecoin Trust
- 1D
- -1.11%
- 1M
- 0.94%
- 6M
- -37.33%
- YTD
- -44.82%
- 1Y
- -61.34%
- 3Y*
- -16.25%
- 5Y*
- -24.69%
- 10Y*
- —
- ALL TIME*
- -33.04%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
LTCN Monthly Returns History
Based on dividend-adjusted daily data since Aug 18, 2020, LTCN's average daily return is +0.20%, while the average monthly return is +8.87%. At this rate, an investment would double in approximately 0.7 years.
Historically, 42% of months were positive and 58% were negative. The best month was Nov 2020 with a return of +535.0%, while the worst month was Jul 2021 at -83.9%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 7 months.
On a daily basis, LTCN closed higher 46% of trading days. The best single day was Aug 19, 2020 with a return of +117.4%, while the worst single day was Nov 6, 2020 at -41.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -11.95% | -20.03% | -0.71% | 1.20% | -9.06% | -17.71% | 4.21% | -44.82% | |||||
| 2025 | -17.06% | 3.42% | -40.02% | -1.67% | 6.49% | -3.48% | 30.53% | 8.06% | -6.29% | -10.01% | -14.92% | -13.29% | -54.37% |
| 2024 | -22.54% | 24.59% | 154.21% | -24.97% | -6.17% | -22.28% | -21.24% | -24.38% | 15.25% | 12.47% | -9.51% | -13.39% | -18.79% |
| 2023 | 83.81% | 10.62% | -5.15% | 5.93% | -3.73% | 49.88% | -15.35% | -17.37% | 10.85% | 10.58% | 46.35% | 102.75% | 650.00% |
| 2022 | -37.72% | 19.37% | -2.05% | -22.69% | -27.41% | -34.68% | 64.50% | -21.04% | -11.60% | -9.93% | 22.05% | -32.26% | -77.17% |
| 2021 | -9.97% | 16.41% | -63.28% | 106.25% | 20.35% | -70.24% | -83.93% | 17.68% | -8.06% | 14.05% | 12.87% | -50.30% | -96.84% |
Benchmark Metrics
Grayscale Litecoin Trust has an annualized alpha of 21.91%, beta of 2.12, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since August 18, 2020.
- This ETF participated in 188.06% of S&P 500 Index downside but only -1.23% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.06 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 21.91%
- Beta
- 2.12
- R²
- 0.06
- Upside Capture
- -1.23%
- Downside Capture
- 188.06%
Expense Ratio
LTCN has a high expense ratio of 2.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
LTCN ranks 2 for risk / return — above 2% of ETFs peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Grayscale Litecoin Trust (LTCN) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LTCN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.60 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.25 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 2.00 | -2.87 |
| Martin ratioReturn relative to average drawdown | -1.24 | 8.49 | -9.73 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Grayscale Litecoin Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Grayscale Litecoin Trust was 99.58%, occurring on Dec 30, 2022. The portfolio has not yet recovered.
The current Grayscale Litecoin Trust drawdown is 99.36%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-99.58%Dec 2022 | 2y 1mo | — | 5y 8moNov 2020 - now | Bear market2022 |
-59.03%Oct 2020 | 1mo 17d | 16d | 2mo 3dAug 2020 - Oct 2020 | — |
-41.59%Nov 2020 | 1d | 6d | 6dNov 2020 - Nov 2020 | — |
-34.29%Aug 2020 | 1d | 1d | 1dAug 2020 - Aug 2020 | — |
-14.58%Nov 2020 | 1d | 5d | 5dNov 2020 - Nov 2020 | — |
Drawdown Indicators
| LTCN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.58% | -56.78% | -42.80% |
Max Drawdown (1Y)Largest decline over 1 year | -72.73% | -9.10% | -63.63% |
Max Drawdown (3Y)Largest decline over 3 years | -93.68% | -18.90% | -74.78% |
Max Drawdown (5Y)Largest decline over 5 years | -93.68% | -25.43% | -68.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -99.36% | -1.58% | -97.78% |
Average DrawdownAverage peak-to-trough decline | -89.83% | -10.70% | -79.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 50.75% | 2.14% | +48.61% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with LTCN
Add Grayscale Litecoin Trust to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with LTCN