GFOF vs. ETH-USD

Last updated Apr 3, 2026

Compare and contrast key facts about Grayscale Future of Finance ETF (GFOF) and Ethereum (ETH-USD).

GFOF is a passively managed fund by Grayscale that tracks the performance of the Bloomberg Grayscale Future of Finance Index. It was launched on Feb 1, 2022.

Performance

GFOF vs. ETH-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Future of Finance ETF (GFOF) and Ethereum (ETH-USD). The values are adjusted to include any dividend payments, if applicable.

GFOF vs. ETH-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GFOF Grayscale Future of Finance ETF	0.00%	0.00%	60.08%	145.49%	-68.58%
ETH-USD Ethereum	-30.81%	-10.91%	46.00%	90.84%	-55.45%

Returns By Period

GFOF

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETH-USD

• 1D: -4.09%
• 1M: 3.52%
• YTD: -30.81%
• 6M: -54.26%
• 1Y: 14.38%
• 3Y*: 4.27%
• 5Y*: 0.43%
• 10Y*: 68.46%

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

Return for Risk

GFOF vs. ETH-USD — Risk / Return Rank

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

ETH-USD

ETH-USD Risk / Return Rank: 74
ETH-USD Sharpe Ratio Rank: 86
ETH-USD Sortino Ratio Rank: 85
ETH-USD Omega Ratio Rank: 84
ETH-USD Calmar Ratio Rank: 68
ETH-USD Martin Ratio Rank: 49

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.

GFOF vs. ETH-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Future of Finance ETF (GFOF) and Ethereum (ETH-USD). 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

	GFOF	ETH-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.19	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.79	—

Correlation

The correlation between GFOF and ETH-USD is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

Drawdown Indicators

	GFOF	ETH-USD	Difference
Max Drawdown Largest peak-to-trough decline	—	-94.01%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-62.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-79.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-94.01%	—
Current Drawdown Current decline from peak	—	-57.51%	—
Average Drawdown Average peak-to-trough decline	—	-50.82%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	36.50%	—

Volatility

Volatility by Period

	GFOF	ETH-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	51.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	62.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	63.54%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	78.86%	—