GFOF vs. GAVA

Last updated Jun 4, 2026

GFOF (Grayscale Future of Finance ETF) and GAVA (Grayscale Avalanche Staking ETF) are both exchange-traded funds - GFOF is a Blockchain fund tracking the Bloomberg Grayscale Future of Finance Index, while GAVA is a Cryptocurrency fund actively managed by Grayscale. GFOF is passively managed, while GAVA is actively managed. GFOF charges 0.70%/yr vs 0.35%/yr for GAVA.

Performance

GFOF vs. GAVA - Performance Comparison

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

Returns By Period

GFOF

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

GAVA

• 1D: -3.57%
• 1M: -12.65%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GFOF vs. GAVA - Yearly Performance Comparison

	2026 (YTD)
GFOF Grayscale Future of Finance ETF	0.00%
GAVA Grayscale Avalanche Staking ETF	-15.96%

Return for Risk

GFOF vs. GAVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Future of Finance ETF (GFOF) and Grayscale Avalanche Staking ETF (GAVA). 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	GAVA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-1.09	—

Drawdowns

Drawdown Indicators

	GFOF	GAVA	Difference
Max Drawdown Largest peak-to-trough decline	—	-21.51%	—
Current Drawdown Current decline from peak	—	-21.51%	—
Average Drawdown Average peak-to-trough decline	—	-9.03%	—

Volatility

Volatility by Period

	GFOF	GAVA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	49.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	49.61%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	49.61%	—

GFOF vs. GAVA - Expense Ratio Comparison

GFOF has a 0.70% expense ratio, which is higher than GAVA's 0.35% expense ratio.

Dividends

GFOF vs. GAVA - Dividend Comparison

Neither GFOF nor GAVA has paid dividends to shareholders.

Position	TTM	2024	2023
GAVA Grayscale Avalanche Staking ETF	0.00%	0.00%	0.00%
GFOF Grayscale Future of Finance ETF	0.00%	2.55%	4.08%

Frequently Asked Questions

Which ETF is better, GFOF or GAVA?

On fees, GAVA is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GFOF or GAVA?

GAVA is cheaper with a 0.35% expense ratio, compared with 0.70% for GFOF.

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

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

What is the main difference between GFOF and GAVA?

GFOF is categorized as Blockchain, while GAVA is Cryptocurrency. Their fees differ too: 0.70% for GFOF and 0.35% for GAVA.