Grayscale Bitcoin Miners ETF (MNRS) 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 MNRS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MNRS
MNRS charges 0.59% annually. There are 15 ETFs in the Blockchain category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin XRP ETF | 0.19% | — | Nov 2025 | MNRS vs XRPZ | |
| 21Shares Solana ETF | 0.21% | 3.05M | Nov 2025 | MNRS vs TSOL | |
| Invesco Galaxy Solana ETF | 0.25% | — | Dec 2025 | MNRS vs QSOL | |
| Schwab Crypto Thematic ETF | 0.30% | 224.98M | Aug 2022 | MNRS vs STCE | |
| VanEck Solana ETF | 0.30% | 14.16M | Oct 2025 | MNRS vs VSOL |
Best Risk-Adjusted Alternatives to MNRS
MNRS has a PortfoliosLab risk / return rank of 22. There are 4 ETFs in the Blockchain category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 85 | 83.37M | Sep 2024 | MNRS vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | 80 | 20.86M | Sep 2024 | MNRS vs DECO | |
| First Trust Indxx Innovative Transaction & Process... | 69 | 131.06M | Jan 2018 | MNRS vs LEGR | |
| CoinShares Bitcoin Miners ETF | 51 | 240.40M | Feb 2022 | MNRS vs WGMI | |
| VanEck Onchain Economy ETF | 22 | — | May 2025 | MNRS vs NODE |
Top Performing MNRS Alternatives (YTD)
MNRS is at 15.24% YTD. There are 4 ETFs in the Blockchain category with higher YTD returns, going as high as 61.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 61.32% | 83.37M | Sep 2024 | MNRS vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | 61.26% | 20.86M | Sep 2024 | MNRS vs DECO | |
| CoinShares Bitcoin Miners ETF | 34.47% | 240.40M | Feb 2022 | MNRS vs WGMI | |
| Tradr 2X Long CORZ Daily ETF | 32.31% | — | Nov 2025 | MNRS vs COZX | |
| Bitwise Crypto Industry Innovators ETF | 14.35% | 382.12M | May 2021 | MNRS vs BITQ |
Lowest Volatility Alternatives to MNRS
MNRS has 75.89% 1-year volatility. There are 35 ETFs in the Blockchain category with lower 1-year volatility, going as low as 14.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | 14.83% | 131.06M | Jan 2018 | MNRS vs LEGR | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 17.40% | — | Feb 2025 | MNRS vs CBXJ | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 26.64% | — | Feb 2025 | MNRS vs CBTJ | |
| Innovator Uncapped Bitcoin 20 Floor ETF - Quarterl... | 27.26% | — | Feb 2025 | MNRS vs QBF | |
| Fortuna Hedged Bitcoin ETF | 28.00% | — | Mar 2025 | MNRS vs HBTC |
Lowest Drawdown Alternatives to MNRS
MNRS has a 1-year max drawdown of -56.70%. There are 20 ETFs in the Blockchain category with shallower 1-year drawdowns, going as shallow as -10.40%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | -10.40% | 131.06M | Jan 2018 | MNRS vs LEGR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | -21.03% | 83.37M | Sep 2024 | MNRS vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -25.60% | 20.86M | Sep 2024 | MNRS vs DECO | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | -30.16% | — | Feb 2025 | MNRS vs CBXJ | |
| VanEck Onchain Economy ETF | -35.35% | — | May 2025 | MNRS 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 $8B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Grayscale Bitcoin Trust ETF | Cryptocurrency | 1 | -28.72% | 8.39B | Jan 2024 | MNRS vs GBTC | |
| Grayscale Ethereum Trust ETF | Cryptocurrency | 3 | -37.55% | 1.42B | Dec 2017 | MNRS vs ETHE | |
| Grayscale Bitcoin Mini Trust ETF | Cryptocurrency | 1 | -28.20% | 3.71B | Jul 2024 | MNRS vs BTC | |
| Grayscale CoinDesk Crypto 5 ETF | Cryptocurrency | 2 | -31.03% | 333.62M | Feb 2018 | MNRS vs GDLC | |
| Grayscale Ethereum Staking Mini ETF | Cryptocurrency | 4 | -36.56% | 1.57B | Jul 2024 | MNRS vs ETH | |
| Grayscale Future of Finance ETF | Blockchain, Technology Equities | — | — | 6.70M | Feb 2022 | MNRS vs GFOF | |
| Grayscale Litecoin Trust | Cryptocurrency | 2 | -44.82% | — | Aug 2020 | MNRS vs LTCN | |
| Grayscale Sui Staking ETF | Cryptocurrency | — | -49.92% | 21.64M | Feb 2026 | MNRS vs GSUI | |
| Grayscale Chainlink Trust ETF | Cryptocurrency, Blockchain | 3 | -33.63% | 85.22M | Feb 2021 | MNRS vs GLNK | |
| Grayscale Ethereum Classic Trust (ETC) | Cryptocurrency, Blockchain | 1 | -48.20% | 141.12M | Apr 2017 | MNRS vs ETCG |
Often Compared With MNRS
Investors most often compare MNRS with SOLT, OBTC, BCOR. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MNRS with Any Fund or Stock
Compare MNRS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MNRS with funds that move differently
Grayscale Bitcoin Miners ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MNRS.
Explore MNRS Diversifiers