GSUI vs. DJP

Last updated Jun 4, 2026

GSUI (Grayscale Sui Staking ETF) and DJP (iPath Bloomberg Commodity Index Total Return ETN) are both exchange-traded funds - GSUI is a Cryptocurrency fund tracking the CoinDesk SUI Reference Rate, while DJP is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. At a correlation of -0.19, they often move in opposite directions. GSUI charges 0.00%/yr vs 0.70%/yr for DJP.

Performance

GSUI vs. DJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Sui Staking ETF (GSUI) and iPath Bloomberg Commodity Index Total Return ETN (DJP). 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 DJP's 30.63% return.

GSUI

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

DJP

• 1D: 0.02%
• 1M: -3.31%
• YTD: 30.63%
• 6M: 29.34%
• 1Y: 44.52%
• 3Y*: 17.94%
• 5Y*: 12.46%
• 10Y*: 7.36%

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

GSUI vs. DJP - Yearly Performance Comparison

	2026 (YTD)	2025
GSUI Grayscale Sui Staking ETF	-39.93%	-34.63%
DJP iPath Bloomberg Commodity Index Total Return ETN	30.63%	2.23%

Correlation

The correlation between GSUI and DJP is -0.19, 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 25, 2025	-0.19

Return for Risk

GSUI vs. DJP — Risk / Return Rank

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

DJP

DJP Risk / Return Rank: 72
DJP Sharpe Ratio Rank: 71
DJP Sortino Ratio Rank: 62
DJP Omega Ratio Rank: 69
DJP Calmar Ratio Rank: 88
DJP Martin Ratio Rank: 71

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. DJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Sui Staking ETF (GSUI) and iPath Bloomberg Commodity Index Total Return ETN (DJP). 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	DJP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	0.00	-0.78

Drawdowns

GSUI vs. DJP - Drawdown Comparison

The maximum GSUI drawdown since its inception was -60.73%, smaller than the maximum DJP drawdown of -78.35%. Use the drawdown chart below to compare losses from any high point for GSUI and DJP.

Drawdown Indicators

	GSUI	DJP	Difference
Max Drawdown Largest peak-to-trough decline	-60.73%	-78.35%	+17.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.36%	—
Current Drawdown Current decline from peak	-60.73%	-32.82%	-27.91%
Average Drawdown Average peak-to-trough decline	-43.81%	-50.86%	+7.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.36%	—

Volatility

Volatility by Period

	GSUI	DJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	107.79%	18.92%	+88.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.79%	18.96%	+88.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.79%	17.06%	+90.73%

GSUI vs. DJP - Expense Ratio Comparison

GSUI has a 0.00% expense ratio, which is lower than DJP's 0.70% expense ratio.

Dividends

GSUI vs. DJP - Dividend Comparison

Neither GSUI nor DJP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSUI and DJP in my portfolio?

GSUI and DJP have a correlation of -0.19, 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 DJP?

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 DJP?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.70% for DJP.

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

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

What is the main difference between GSUI and DJP?

GSUI is categorized as Cryptocurrency, while DJP is Commodities. GSUI tracks CoinDesk SUI Reference Rate, while DJP tracks Bloomberg Commodity Index. They also come from different issuers: Grayscale and Barclays Capital. Their fees differ too: 0.00% for GSUI and 0.70% for DJP.