GLIV vs. CEPI
GLIV (Grayscale Livepeer Trust (LPT)) and CEPI (REX Crypto Equity Premium Income ETF) are both Cryptocurrency funds. Both are actively managed. Over the past year, GLIV returned -80.75% vs 16.04% for CEPI. At a 0.31 correlation, their price movements are largely independent.
Performance
GLIV vs. CEPI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLIV achieves a -35.29% return, which is significantly lower than CEPI's 16.50% return.
GLIV
- 1D
- -5.52%
- 1M
- -11.49%
- 6M
- -45.94%
- YTD
- -35.29%
- 1Y
- -80.75%
- 3Y*
- -30.05%
- 5Y*
- —
- 10Y*
- —
CEPI
- 1D
- 2.64%
- 1M
- -6.13%
- 6M
- 9.54%
- YTD
- 16.50%
- 1Y
- 16.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLIV vs. CEPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GLIV Grayscale Livepeer Trust (LPT) | -35.29% | -84.65% | -6.91% |
CEPI REX Crypto Equity Premium Income ETF | 16.50% | 10.75% | -7.02% |
Correlation
The correlation between GLIV and CEPI is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLIV vs. CEPI — Risk / Return Rank
GLIV
CEPI
GLIV vs. CEPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Livepeer Trust (LPT) (GLIV) and REX Crypto Equity Premium Income ETF (CEPI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLIV | CEPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.12 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 0.72 | -1.68 |
| Martin ratioReturn relative to average drawdown | -1.26 | 1.68 | -2.94 |
Loading charts...
Drawdowns
GLIV vs. CEPI - Drawdown Comparison
The maximum GLIV drawdown since its inception was -97.65%, which is greater than CEPI's maximum drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for GLIV and CEPI.
Loading charts...
Drawdown Indicators
| GLIV | CEPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.65% | -29.48% | -68.17% |
Max Drawdown (1Y)Largest decline over 1 year | -84.40% | -22.47% | -61.93% |
Max Drawdown (3Y)Largest decline over 3 years | -97.65% | — | — |
Current DrawdownCurrent decline from peak | -97.52% | -6.50% | -91.02% |
Average DrawdownAverage peak-to-trough decline | -72.16% | -8.27% | -63.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 63.96% | 9.56% | +54.40% |
Volatility
GLIV vs. CEPI - Volatility Comparison
Grayscale Livepeer Trust (LPT) (GLIV) has a higher volatility of 19.08% compared to REX Crypto Equity Premium Income ETF (CEPI) at 8.03%. This indicates that GLIV's price experiences larger fluctuations and is considered to be riskier than CEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLIV | CEPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.08% | 8.03% | +11.05% |
Volatility (6M)Calculated over the trailing 6-month period | 70.58% | 22.41% | +48.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 120.81% | 28.20% | +92.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 173.88% | 31.47% | +142.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 173.88% | 31.47% | +142.41% |
Dividends
GLIV vs. CEPI - Dividend Comparison
GLIV has not paid dividends to shareholders, while CEPI's dividend yield for the trailing twelve months is around 47.31%.
| Position | TTM | 2025 |
|---|---|---|
CEPI REX Crypto Equity Premium Income ETF | 47.31% | 50.78% |
GLIV Grayscale Livepeer Trust (LPT) | 0.00% | 0.00% |
Frequently Asked Questions
GLIV and CEPI have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLIV has higher volatility (19.08%) compared to CEPI (8.03%). In terms of maximum drawdown, GLIV dropped -97.65% vs CEPI's -29.48%.
On 1-year performance, CEPI leads with 16.04% vs -80.75% for GLIV. On volatility, CEPI has been the lower-risk option at 8.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CEPI has performed better with a 16.04% return vs -80.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CEPI has the higher dividend yield at 47.31%, compared with 0.00% for GLIV.
They also come from different issuers: Grayscale and REX.
CEPI currently has the higher Sharpe Ratio (0.57 vs -0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GLIV and CEPI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer