GLNK vs. WEEK

Last updated Jun 4, 2026

GLNK (Grayscale Chainlink Trust ETF) and WEEK (Roundhill Weekly T-Bill ETF) are both exchange-traded funds - GLNK is a Cryptocurrency fund tracking the Chainlink (LINK), while WEEK is a Ultrashort Bond fund actively managed by Roundhill. GLNK is passively managed, while WEEK is actively managed. Over the past year, GLNK returned -59.50% vs 3.81% for WEEK. At a correlation of -0.05, they often move in opposite directions. GLNK charges 2.50%/yr vs 0.19%/yr for WEEK.

Performance

GLNK vs. WEEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Chainlink Trust ETF (GLNK) and Roundhill Weekly T-Bill ETF (WEEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLNK achieves a -33.27% return, which is significantly lower than WEEK's 1.44% return.

GLNK

• 1D: -3.84%
• 1M: -12.83%
• YTD: -33.27%
• 6M: -43.25%
• 1Y: -59.50%
• 3Y*: -10.96%
• 5Y*: —
• 10Y*: —

WEEK

• 1D: 0.02%
• 1M: 0.28%
• YTD: 1.44%
• 6M: 1.74%
• 1Y: 3.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLNK vs. WEEK - Yearly Performance Comparison

	2026 (YTD)	2025
GLNK Grayscale Chainlink Trust ETF	-33.27%	-64.27%
WEEK Roundhill Weekly T-Bill ETF	1.44%	3.37%

Correlation

The correlation between GLNK and WEEK is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Mar 7, 2025	-0.05

Return for Risk

GLNK vs. WEEK — 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

WEEK

WEEK Risk / Return Rank: 99
WEEK Sharpe Ratio Rank: 99
WEEK Sortino Ratio Rank: 99
WEEK Omega Ratio Rank: 99
WEEK Calmar Ratio Rank: 99
WEEK Martin Ratio Rank: 99

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. WEEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Chainlink Trust ETF (GLNK) and Roundhill Weekly T-Bill ETF (WEEK). 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	WEEK	Difference
Sharpe ratio: Return per unit of total volatility	-0.55	9.29	-9.84
Sortino ratio: Return per unit of downside risk	-0.42	19.14	-19.57
Omega ratio: Gain probability vs. loss probability	0.95	4.65	-3.70
Calmar ratio: Return relative to maximum drawdown	-0.68	29.49	-30.16
Martin ratio: Return relative to average drawdown	-0.89	263.82	-264.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLNK vs. WEEK - Sharpe Ratio Comparison

The current GLNK Sharpe Ratio is -0.55, which is lower than the WEEK Sharpe Ratio of 9.29. The chart below compares the historical Sharpe Ratios of GLNK and WEEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GLNK	WEEK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	9.29	-9.84
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	10.05	-10.06

Drawdowns

GLNK vs. WEEK - Drawdown Comparison

The maximum GLNK drawdown since its inception was -95.82%, which is greater than WEEK's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for GLNK and WEEK.

Drawdown Indicators

	GLNK	WEEK	Difference
Max Drawdown Largest peak-to-trough decline	-95.82%	-0.13%	-95.69%
Max Drawdown (1Y) Largest decline over 1 year	-88.29%	-0.13%	-88.16%
Max Drawdown (3Y) Largest decline over 3 years	-95.82%	—	—
Current Drawdown Current decline from peak	-95.71%	0.00%	-95.71%
Average Drawdown Average peak-to-trough decline	-55.70%	-0.01%	-55.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	66.68%	0.01%	+66.67%

Volatility

GLNK vs. WEEK - Volatility Comparison

Grayscale Chainlink Trust ETF (GLNK) has a higher volatility of 15.43% compared to Roundhill Weekly T-Bill ETF (WEEK) at 0.07%. This indicates that GLNK's price experiences larger fluctuations and is considered to be riskier than WEEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLNK	WEEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.43%	0.07%	+15.36%
Volatility (6M) Calculated over the trailing 6-month period	46.79%	0.25%	+46.54%
Volatility (1Y) Calculated over the trailing 1-year period	109.57%	0.41%	+109.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	164.87%	0.39%	+164.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	164.87%	0.39%	+164.48%

GLNK vs. WEEK - Expense Ratio Comparison

GLNK has a 2.50% expense ratio, which is higher than WEEK's 0.19% expense ratio.

Dividends

GLNK vs. WEEK - Dividend Comparison

GLNK has not paid dividends to shareholders, while WEEK's dividend yield for the trailing twelve months is around 3.72%.

Position	TTM	2025
GLNK Grayscale Chainlink Trust ETF	0.00%	0.00%
WEEK Roundhill Weekly T-Bill ETF	3.72%	3.27%

Frequently Asked Questions

Can I hold both GLNK and WEEK in my portfolio?

GLNK and WEEK have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLNK or WEEK?

GLNK has higher volatility (15.43%) compared to WEEK (0.07%). In terms of maximum drawdown, GLNK dropped -95.82% vs WEEK's -0.13%.

Which ETF is better, GLNK or WEEK?

On 1-year performance, WEEK leads with 3.81% vs -59.50% for GLNK. On fees, WEEK is cheaper at 0.19% per year. On volatility, WEEK has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLNK or WEEK?

Over the 1-year period, WEEK has performed better with a 3.81% return vs -59.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLNK or WEEK?

WEEK is cheaper with a 0.19% expense ratio, compared with 2.50% for GLNK.

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

WEEK has the higher dividend yield at 3.72%, compared with 0.00% for GLNK.

What is the main difference between GLNK and WEEK?

GLNK is categorized as Cryptocurrency, while WEEK is Ultrashort Bond. They also come from different issuers: Grayscale and Roundhill. Their fees differ too: 2.50% for GLNK and 0.19% for WEEK.

Which has better risk-adjusted returns?

WEEK currently has the higher Sharpe Ratio (9.29 vs -0.55), 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.