GLNK vs. GFOF

Last updated Aug 4, 2026

GLNK (Grayscale Chainlink Trust ETF) and GFOF (Grayscale Future of Finance ETF) are both exchange-traded funds - GLNK is a Cryptocurrency fund tracking the Chainlink (LINK), while GFOF is a Blockchain fund tracking the Bloomberg Grayscale Future of Finance Index. Both are passively managed. Their 0.10 correlation means their historical movements had little consistent relationship. GLNK charges 2.50%/yr vs 0.70%/yr for GFOF.

Performance

GLNK vs. GFOF - Performance Comparison

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

Returns By Period

GLNK

• 1D: 0.76%
• 1M: 5.89%
• 6M: -15.88%
• YTD: -33.13%
• 1Y: -73.43%
• 3Y*: -18.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -2.20%

GFOF

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLNK Grayscale Chainlink Trust ETF	$2.64M	$1.96M	$1.98M

GLNK vs. GFOF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GLNK Grayscale Chainlink Trust ETF	-33.13%	-87.10%	38.45%	840.06%	-18.87%
GFOF Grayscale Future of Finance ETF	0.00%	0.00%	60.08%	145.49%	-45.43%

Correlation

The correlation between GLNK and GFOF is 0.10, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.11
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.10

Return for Risk

GLNK vs. GFOF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLNK

GLNK Risk / Return Rank: 3
GLNK Sharpe Ratio Rank: 3
GLNK Sortino Ratio Rank: 3
GLNK Omega Ratio Rank: 3
GLNK Calmar Ratio Rank: 3
GLNK Martin Ratio Rank: 5

GFOF

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLNK vs. GFOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Chainlink Trust ETF (GLNK) 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.

	GLNK	GFOF	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	—	—
Sortino ratio: Return per unit of downside risk	-1.18	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.82	—	—
Martin ratio: Return relative to average drawdown	-0.98	—	—

Drawdowns

Drawdown Indicators

	GLNK	GFOF	Difference
Max Drawdown Largest peak-to-trough decline	-96.25%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-89.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-96.25%	—	—
Current Drawdown Current decline from peak	-95.70%	—	—
Average Drawdown Average peak-to-trough decline	-57.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	75.29%	—	—

Volatility

Volatility by Period

	GLNK	GFOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	45.60%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	99.63%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	161.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	161.90%	—	—

GLNK vs. GFOF - Expense Ratio Comparison

GLNK has a 2.50% expense ratio, which is higher than GFOF's 0.70% expense ratio.

Dividends

GLNK vs. GFOF - Dividend Comparison

Neither GLNK 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%
GLNK Grayscale Chainlink Trust ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLNK and GFOF in my portfolio?

GLNK and GFOF have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLNK or GFOF?

On fees, GFOF is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLNK or GFOF?

GFOF is cheaper with a 0.70% expense ratio, compared with 2.50% for GLNK.

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

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

What is the main difference between GLNK and GFOF?

GLNK is categorized as Cryptocurrency, while GFOF is Blockchain. GLNK tracks Chainlink (LINK), while GFOF tracks Bloomberg Grayscale Future of Finance Index. Their fees differ too: 2.50% for GLNK and 0.70% for GFOF.