GLIV vs. GFOF

Last updated Jun 30, 2026

GLIV (Grayscale Livepeer Trust (LPT)) and GFOF (Grayscale Future of Finance ETF) are both exchange-traded funds - GLIV is a Cryptocurrency fund actively managed by Grayscale, while GFOF is a Blockchain fund tracking the Bloomberg Grayscale Future of Finance Index. GLIV is actively managed, while GFOF is passively managed. At a 0.14 correlation, their price movements are largely independent.

Performance

GLIV vs. GFOF - Performance Comparison

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

Returns By Period

GLIV

• 1D: 1.29%
• 1M: -19.90%
• YTD: -34.03%
• 6M: -34.31%
• 1Y: -73.83%
• 3Y*: -32.91%
• 5Y*: —
• 10Y*: —

GFOF

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

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

GLIV vs. GFOF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GLIV Grayscale Livepeer Trust (LPT)	-34.03%	-84.65%	-22.50%	723.05%	-81.31%
GFOF Grayscale Future of Finance ETF	0.00%	0.00%	60.08%	145.49%	-45.72%

Correlation

The correlation between GLIV and GFOF is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since May 27, 2022	0.14

Return for Risk

GLIV vs. GFOF — Risk / Return Rank

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

GLIV

GLIV Risk / Return Rank: 4
GLIV Sharpe Ratio Rank: 5
GLIV Sortino Ratio Rank: 5
GLIV Omega Ratio Rank: 5
GLIV Calmar Ratio Rank: 2
GLIV Martin Ratio Rank: 4

GFOF

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

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.

GLIV vs. GFOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Livepeer Trust (LPT) (GLIV) and Grayscale Future of Finance ETF (GFOF). 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	GFOF	Difference
Sharpe ratio: Return per unit of total volatility	-0.60	—	—
Sortino ratio: Return per unit of downside risk	-0.73	—	—
Omega ratio: Gain probability vs. loss probability	0.92	—	—
Calmar ratio: Return relative to maximum drawdown	-0.88	—	—
Martin ratio: Return relative to average drawdown	-1.21	—	—

Drawdowns

Drawdown Indicators

	GLIV	GFOF	Difference
Max Drawdown Largest peak-to-trough decline	-97.65%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-84.40%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-97.65%	—	—
Current Drawdown Current decline from peak	-97.47%	—	—
Average Drawdown Average peak-to-trough decline	-71.81%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	60.92%	—	—

Volatility

Volatility by Period

	GLIV	GFOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	71.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	124.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	174.97%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	174.97%	—	—

Dividends

GLIV vs. GFOF - Dividend Comparison

Neither GLIV nor GFOF has paid dividends to shareholders.

Position	TTM	2025	2024	2023
GFOF Grayscale Future of Finance ETF	0.00%	0.00%	2.55%	4.08%
GLIV Grayscale Livepeer Trust (LPT)	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLIV and GFOF in my portfolio?

GLIV and GFOF have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

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

What is the main difference between GLIV and GFOF?

GLIV is categorized as Cryptocurrency, while GFOF is Blockchain.