GLNK vs. GSOL

Last updated Jun 4, 2026

GLNK (Grayscale Chainlink Trust ETF) and GSOL (Grayscale Solana Staking ETF) are both Cryptocurrency funds from Grayscale. GLNK is passively managed, while GSOL is actively managed. Their correlation of 0.80 suggests significant overlap in exposure. GLNK charges 2.50%/yr vs 0.35%/yr for GSOL.

Performance

GLNK vs. GSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Chainlink Trust ETF (GLNK) and Grayscale Solana Staking ETF (GSOL). 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*: —

GSOL

• 1D: -4.43%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLNK vs. GSOL - Yearly Performance Comparison

	2026 (YTD)
GLNK Grayscale Chainlink Trust ETF	-8.90%
GSOL Grayscale Solana Staking ETF	-12.36%

Correlation

The correlation between GLNK and GSOL is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.80

Return for Risk

GLNK vs. GSOL — 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. GSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Chainlink Trust ETF (GLNK) and Grayscale Solana Staking ETF (GSOL). 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	GSOL	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	GSOL	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	-2.23	+2.22

Drawdowns

GLNK vs. GSOL - Drawdown Comparison

The maximum GLNK drawdown since its inception was -95.82%, which is greater than GSOL's maximum drawdown of -12.36%. Use the drawdown chart below to compare losses from any high point for GLNK and GSOL.

Drawdown Indicators

	GLNK	GSOL	Difference
Max Drawdown Largest peak-to-trough decline	-95.82%	-12.36%	-83.46%
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%	-12.36%	-83.35%
Average Drawdown Average peak-to-trough decline	-55.70%	-5.53%	-50.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	66.68%	—	—

Volatility

Volatility by Period

	GLNK	GSOL	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%	51.66%	+57.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	164.87%	51.66%	+113.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	164.87%	51.66%	+113.21%

GLNK vs. GSOL - Expense Ratio Comparison

GLNK has a 2.50% expense ratio, which is higher than GSOL's 0.35% expense ratio.

Dividends

GLNK vs. GSOL - Dividend Comparison

Neither GLNK nor GSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GLNK and GSOL in my portfolio?

GLNK and GSOL have a correlation of 0.80, 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 GSOL?

On fees, GSOL 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, GLNK or GSOL?

GSOL is cheaper with a 0.35% expense ratio, compared with 2.50% for GLNK.

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

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

What is the main difference between GLNK and GSOL?

Their fees differ too: 2.50% for GLNK and 0.35% for GSOL.