GAVA vs. GSUI

Last updated Jun 3, 2026

GAVA (Grayscale Avalanche Staking ETF) and GSUI (Grayscale Sui Staking ETF) are both Cryptocurrency funds from Grayscale. GAVA is actively managed, while GSUI is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. GAVA charges 0.35%/yr vs 0.00%/yr for GSUI.

Performance

GAVA vs. GSUI - Performance Comparison

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

Returns By Period

GAVA

• 1D: -7.01%
• 1M: -8.64%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSUI

• 1D: -1.09%
• 1M: -12.82%
• YTD: -39.93%
• 6M: -46.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GAVA vs. GSUI - Yearly Performance Comparison

	2026 (YTD)
GAVA Grayscale Avalanche Staking ETF	-12.85%
GSUI Grayscale Sui Staking ETF	-16.83%

Correlation

The correlation between GAVA and GSUI is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	0.89

Return for Risk

GAVA vs. GSUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Avalanche Staking ETF (GAVA) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GAVA	GSUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.94	-0.78	-0.16

Drawdowns

GAVA vs. GSUI - Drawdown Comparison

The maximum GAVA drawdown since its inception was -18.61%, smaller than the maximum GSUI drawdown of -60.73%. Use the drawdown chart below to compare losses from any high point for GAVA and GSUI.

Drawdown Indicators

	GAVA	GSUI	Difference
Max Drawdown Largest peak-to-trough decline	-18.61%	-60.73%	+42.12%
Current Drawdown Current decline from peak	-18.61%	-60.73%	+42.12%
Average Drawdown Average peak-to-trough decline	-8.80%	-43.81%	+35.01%

Volatility

Volatility by Period

	GAVA	GSUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.54%	107.79%	-58.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.54%	107.79%	-58.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.54%	107.79%	-58.25%

GAVA vs. GSUI - Expense Ratio Comparison

GAVA has a 0.35% expense ratio, which is higher than GSUI's 0.00% expense ratio.

Dividends

GAVA vs. GSUI - Dividend Comparison

Neither GAVA nor GSUI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GAVA and GSUI in my portfolio?

GAVA and GSUI have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GAVA 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, GAVA or GSUI?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.35% for GAVA.

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

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

What is the main difference between GAVA and GSUI?

Their fees differ too: 0.35% for GAVA and 0.00% for GSUI.