GDOG vs. GSUI

Last updated Jun 4, 2026

GDOG (Grayscale Dogecoin Trust ETF) and GSUI (Grayscale Sui Staking ETF) are both Cryptocurrency funds from Grayscale - GDOG tracks the CoinDesk Dogecoin Blended Reference Rate Index while GSUI tracks the CoinDesk SUI Reference Rate. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. GDOG charges 0.35%/yr vs 0.00%/yr for GSUI.

Performance

GDOG vs. GSUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Dogecoin Trust ETF (GDOG) 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, GDOG achieves a -21.87% return, which is significantly higher than GSUI's -39.93% return.

GDOG

• 1D: -2.62%
• 1M: -17.02%
• YTD: -21.87%
• 6M: -39.30%
• 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)

GDOG vs. GSUI - Yearly Performance Comparison

	2026 (YTD)	2025
GDOG Grayscale Dogecoin Trust ETF	-21.87%	-23.70%
GSUI Grayscale Sui Staking ETF	-39.93%	-34.63%

Correlation

The correlation between GDOG and GSUI is 0.58, 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	0.58

Return for Risk

GDOG vs. GSUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Dogecoin Trust ETF (GDOG) 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

	GDOG	GSUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.86	-0.78	-0.08

Drawdowns

GDOG vs. GSUI - Drawdown Comparison

The maximum GDOG drawdown since its inception was -42.91%, smaller than the maximum GSUI drawdown of -60.73%. Use the drawdown chart below to compare losses from any high point for GDOG and GSUI.

Drawdown Indicators

	GDOG	GSUI	Difference
Max Drawdown Largest peak-to-trough decline	-42.91%	-60.73%	+17.82%
Current Drawdown Current decline from peak	-41.16%	-60.73%	+19.57%
Average Drawdown Average peak-to-trough decline	-28.48%	-43.81%	+15.33%

Volatility

Volatility by Period

	GDOG	GSUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.98%	107.79%	-33.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.98%	107.79%	-33.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.98%	107.79%	-33.81%

GDOG vs. GSUI - Expense Ratio Comparison

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

Dividends

GDOG vs. GSUI - Dividend Comparison

Neither GDOG nor GSUI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GDOG and GSUI in my portfolio?

GDOG and GSUI have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDOG 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, GDOG or GSUI?

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

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

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

What is the main difference between GDOG and GSUI?

GDOG tracks CoinDesk Dogecoin Blended Reference Rate Index, while GSUI tracks CoinDesk SUI Reference Rate. Their fees differ too: 0.35% for GDOG and 0.00% for GSUI.