GSUI vs. BFOC

Last updated Jun 4, 2026

GSUI (Grayscale Sui Staking ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - GSUI is a Cryptocurrency fund tracking the CoinDesk SUI Reference Rate, while BFOC is a Defined Outcome fund actively managed by First Trust. GSUI is passively managed, while BFOC is actively managed. A 0.55 correlation means they provide meaningful diversification when combined. GSUI charges 0.00%/yr vs 0.90%/yr for BFOC.

Performance

GSUI vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Sui Staking ETF (GSUI) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSUI achieves a -39.93% return, which is significantly lower than BFOC's -7.39% return.

GSUI

• 1D: -1.09%
• 1M: -12.82%
• YTD: -39.93%
• 6M: -46.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSUI vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
GSUI Grayscale Sui Staking ETF	-39.93%	-34.63%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-0.70%

Correlation

The correlation between GSUI and BFOC is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 25, 2025	0.55

Return for Risk

GSUI vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Sui Staking ETF (GSUI) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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.

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

Sharpe Ratios by Period

	GSUI	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	-1.88	+1.10

Drawdowns

GSUI vs. BFOC - Drawdown Comparison

The maximum GSUI drawdown since its inception was -60.73%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for GSUI and BFOC.

Drawdown Indicators

	GSUI	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-60.73%	-18.20%	-42.53%
Current Drawdown Current decline from peak	-60.73%	-18.20%	-42.53%
Average Drawdown Average peak-to-trough decline	-43.81%	-12.52%	-31.29%

Volatility

Volatility by Period

	GSUI	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	107.79%	12.61%	+95.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.79%	12.61%	+95.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.79%	12.61%	+95.18%

GSUI vs. BFOC - Expense Ratio Comparison

GSUI has a 0.00% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

GSUI vs. BFOC - Dividend Comparison

Neither GSUI nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSUI and BFOC in my portfolio?

GSUI and BFOC have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSUI or BFOC?

On fees, GSUI is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSUI or BFOC?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, GSUI or BFOC?

GSUI and BFOC have nearly identical dividend yields, around 0.00%.

What is the main difference between GSUI and BFOC?

GSUI is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: Grayscale and First Trust. Their fees differ too: 0.00% for GSUI and 0.90% for BFOC.