GLNK vs. GFOF

Last updated Jun 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. At a 0.11 correlation, their price movements are largely independent. 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: -3.84%
• 1M: -12.83%
• YTD: -33.27%
• 6M: -43.25%
• 1Y: -59.50%
• 3Y*: -10.96%
• 5Y*: —
• 10Y*: —

GFOF

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

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

GLNK vs. GFOF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GLNK Grayscale Chainlink Trust ETF	-33.27%	-87.10%	38.45%	840.06%	-17.85%
GFOF Grayscale Future of Finance ETF	0.00%	0.00%	60.08%	145.49%	-47.33%

Correlation

The correlation between GLNK and GFOF is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 20, 2022	0.11

Return for Risk

GLNK vs. GFOF — Risk / Return Rank

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

GLNK

GLNK Risk / Return Rank: 4
GLNK Sharpe Ratio Rank: 4
GLNK Sortino Ratio Rank: 5
GLNK Omega Ratio Rank: 5
GLNK Calmar Ratio Rank: 3
GLNK Martin Ratio Rank: 5

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.

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.

	GLNK	GFOF	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	—	—
Sortino ratio: Return per unit of downside risk	-0.42	—	—
Omega ratio: Gain probability vs. loss probability	0.95	—	—
Calmar ratio: Return relative to maximum drawdown	-0.68	—	—
Martin ratio: Return relative to average drawdown	-0.89	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GLNK	GFOF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	—	—

Drawdowns

Drawdown Indicators

	GLNK	GFOF	Difference
Max Drawdown Largest peak-to-trough decline	-95.82%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-88.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-95.82%	—	—
Current Drawdown Current decline from peak	-95.71%	—	—
Average Drawdown Average peak-to-trough decline	-55.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	66.68%	—	—

Volatility

Volatility by Period

	GLNK	GFOF	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	109.57%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	164.87%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	164.87%	—	—

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 0.11, 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.