EZBC vs. GSUI

Last updated Jun 3, 2026

EZBC (Franklin Bitcoin ETF) and GSUI (Grayscale Sui Staking ETF) are both Cryptocurrency funds - EZBC tracks the CME CF Bitcoin Reference Rate - New York Variant while GSUI tracks the CoinDesk SUI Reference Rate. Both are passively managed. A 0.61 correlation means they provide meaningful diversification when combined. EZBC charges 0.19%/yr vs 0.00%/yr for GSUI.

Performance

EZBC vs. GSUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Bitcoin ETF (EZBC) and Grayscale Sui Staking ETF (GSUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZBC achieves a -23.26% return, which is significantly higher than GSUI's -39.27% return.

EZBC

• 1D: -5.96%
• 1M: -14.30%
• YTD: -23.26%
• 6M: -26.35%
• 1Y: -35.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSUI

• 1D: -6.40%
• 1M: -10.85%
• YTD: -39.27%
• 6M: -46.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EZBC vs. GSUI - Yearly Performance Comparison

	2026 (YTD)	2025
EZBC Franklin Bitcoin ETF	-23.26%	-1.88%
GSUI Grayscale Sui Staking ETF	-39.27%	-34.63%

Correlation

The correlation between EZBC and GSUI is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025	0.61

Return for Risk

EZBC vs. GSUI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EZBC

EZBC Risk / Return Rank: 2
EZBC Sharpe Ratio Rank: 2
EZBC Sortino Ratio Rank: 2
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EZBC vs. GSUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Bitcoin ETF (EZBC) and Grayscale Sui Staking ETF (GSUI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EZBC	GSUI	Difference
Sharpe ratio Return per unit of total volatility	-0.83	—	—
Sortino ratio Return per unit of downside risk	-1.09	—	—
Omega ratio Gain probability vs. loss probability	0.88	—	—
Calmar ratio Return relative to maximum drawdown	-0.73	—	—
Martin ratio Return relative to average drawdown	-1.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EZBC	GSUI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	-0.78	+1.10

Drawdowns

EZBC vs. GSUI - Drawdown Comparison

The maximum EZBC drawdown since its inception was -49.37%, smaller than the maximum GSUI drawdown of -60.30%. Use the drawdown chart below to compare losses from any high point for EZBC and GSUI.

Drawdown Indicators

	EZBC	GSUI	Difference
Max Drawdown Largest peak-to-trough decline	-49.37%	-60.30%	+10.93%
Max Drawdown (1Y) Largest decline over 1 year	-49.37%	—	—
Current Drawdown Current decline from peak	-46.58%	-60.30%	+13.72%
Average Drawdown Average peak-to-trough decline	-15.96%	-43.68%	+27.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.26%	—	—

Volatility

Volatility by Period

	EZBC	GSUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.59%	108.20%	-64.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.07%	108.20%	-58.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.07%	108.20%	-58.13%

EZBC vs. GSUI - Expense Ratio Comparison

EZBC has a 0.19% expense ratio, which is higher than GSUI's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EZBC vs. GSUI - Dividend Comparison

Neither EZBC nor GSUI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EZBC and GSUI in my portfolio?

EZBC and GSUI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EZBC or GSUI?

On fees, GSUI is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EZBC or GSUI?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.19% for EZBC.

Which ETF pays a higher dividend yield, EZBC or GSUI?

EZBC and GSUI have nearly identical dividend yields, around 0.00%.

What is the main difference between EZBC and GSUI?

EZBC tracks CME CF Bitcoin Reference Rate - New York Variant, while GSUI tracks CoinDesk SUI Reference Rate. They also come from different issuers: Franklin Templeton and Grayscale. Their fees differ too: 0.19% for EZBC and 0.00% for GSUI.