GSUI vs. DBC

Last updated Jul 17, 2026

GSUI (Grayscale Sui Staking ETF) and DBC (Invesco DB Commodity Index Tracking Fund) are both exchange-traded funds - GSUI is a Cryptocurrency fund tracking the CoinDesk SUI Reference Rate, while DBC is a Commodities fund tracking the DBIQ Optimum Yield Diversified Commodity Index Excess Return. Both are passively managed. At a correlation of -0.15, they often move in opposite directions. GSUI charges 0.00%/yr vs 0.85%/yr for DBC.

Performance

GSUI vs. DBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Sui Staking ETF (GSUI) and Invesco DB Commodity Index Tracking Fund (DBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSUI achieves a -44.62% return, which is significantly lower than DBC's 27.28% return.

GSUI

• 1D: 0.00%
• 1M: -5.65%
• 6M: -60.24%
• YTD: -44.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBC

• 1D: -1.15%
• 1M: 2.01%
• 6M: 22.67%
• YTD: 27.28%
• 1Y: 31.86%
• 3Y*: 11.51%
• 5Y*: 11.45%
• 10Y*: 8.52%

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

GSUI vs. DBC - Yearly Performance Comparison

	2026 (YTD)	2025
GSUI Grayscale Sui Staking ETF	-44.62%	-42.99%
DBC Invesco DB Commodity Index Tracking Fund	27.28%	2.59%

Correlation

The correlation between GSUI and DBC is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 24, 2025	-0.15

Return for Risk

GSUI vs. DBC — Risk / Return Rank

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

GSUI

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

DBC

DBC Risk / Return Rank: 56
DBC Sharpe Ratio Rank: 64
DBC Sortino Ratio Rank: 61
DBC Omega Ratio Rank: 59
DBC Calmar Ratio Rank: 47
DBC Martin Ratio Rank: 49

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.

GSUI vs. DBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Sui Staking ETF (GSUI) and Invesco DB Commodity Index Tracking Fund (DBC). 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.

	GSUI	DBC	Difference
Sharpe ratio: Return per unit of total volatility	—	1.70	—
Sortino ratio: Return per unit of downside risk	—	2.31	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	1.94	—
Martin ratio: Return relative to average drawdown	—	6.62	—

Drawdowns

GSUI vs. DBC - Drawdown Comparison

The maximum GSUI drawdown since its inception was -71.63%, smaller than the maximum DBC drawdown of -76.36%. Use the drawdown chart below to compare losses from any high point for GSUI and DBC.

Drawdown Indicators

	GSUI	DBC	Difference
Max Drawdown Largest peak-to-trough decline	-71.63%	-76.36%	+4.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.54%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.71%	—
Current Drawdown Current decline from peak	-68.43%	-26.37%	-42.06%
Average Drawdown Average peak-to-trough decline	-54.04%	-46.12%	-7.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.82%	—

Volatility

Volatility by Period

	GSUI	DBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	102.20%	18.85%	+83.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	102.20%	19.29%	+82.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	102.20%	17.80%	+84.40%

GSUI vs. DBC - Expense Ratio Comparison

GSUI has a 0.00% expense ratio, which is lower than DBC's 0.85% expense ratio.

Dividends

GSUI vs. DBC - Dividend Comparison

GSUI has not paid dividends to shareholders, while DBC's dividend yield for the trailing twelve months is around 2.61%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBC Invesco DB Commodity Index Tracking Fund	2.61%	3.33%	5.22%	4.94%	0.59%	0.00%	0.00%	1.59%	1.30%
GSUI Grayscale Sui Staking ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSUI and DBC in my portfolio?

GSUI and DBC have a correlation of -0.15, 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 DBC?

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 DBC?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.85% for DBC.

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

DBC has the higher dividend yield at 2.61%, compared with 0.00% for GSUI.

What is the main difference between GSUI and DBC?

GSUI is categorized as Cryptocurrency, while DBC is Commodities. GSUI tracks CoinDesk SUI Reference Rate, while DBC tracks DBIQ Optimum Yield Diversified Commodity Index Excess Return. They also come from different issuers: Grayscale and Invesco. Their fees differ too: 0.00% for GSUI and 0.85% for DBC.