GSUI vs. ETCG

Last updated Jun 4, 2026

GSUI (Grayscale Sui Staking ETF) and ETCG (Grayscale Ethereum Classic Trust (ETC)) are both Cryptocurrency funds from Grayscale - GSUI tracks the CoinDesk SUI Reference Rate while ETCG tracks the Ethereum Classic (ETC). Both are passively managed. A 0.57 correlation means they provide meaningful diversification when combined. GSUI charges 0.00%/yr vs 2.50%/yr for ETCG.

Performance

GSUI vs. ETCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Sui Staking ETF (GSUI) and Grayscale Ethereum Classic Trust (ETC) (ETCG). 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 ETCG's -35.40% return.

GSUI

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

ETCG

• 1D: 1.15%
• 1M: -6.17%
• YTD: -35.40%
• 6M: -44.65%
• 1Y: -51.42%
• 3Y*: -10.63%
• 5Y*: -35.81%
• 10Y*: —

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

GSUI vs. ETCG - Yearly Performance Comparison

	2026 (YTD)	2025
GSUI Grayscale Sui Staking ETF	-39.93%	-34.63%
ETCG Grayscale Ethereum Classic Trust (ETC)	-35.40%	-15.88%

Correlation

The correlation between GSUI and ETCG is 0.57, 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	0.57

Return for Risk

GSUI vs. ETCG — Risk / Return Rank

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

ETCG

ETCG Risk / Return Rank: 3
ETCG Sharpe Ratio Rank: 2
ETCG Sortino Ratio Rank: 2
ETCG Omega Ratio Rank: 2
ETCG Calmar Ratio Rank: 2
ETCG Martin Ratio Rank: 3

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. ETCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Sui Staking ETF (GSUI) and Grayscale Ethereum Classic Trust (ETC) (ETCG). 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	ETCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.83	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	-0.18	-0.60

Drawdowns

GSUI vs. ETCG - Drawdown Comparison

The maximum GSUI drawdown since its inception was -60.73%, smaller than the maximum ETCG drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for GSUI and ETCG.

Drawdown Indicators

	GSUI	ETCG	Difference
Max Drawdown Largest peak-to-trough decline	-60.73%	-96.59%	+35.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-66.46%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-78.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.70%	—
Current Drawdown Current decline from peak	-60.73%	-95.33%	+34.60%
Average Drawdown Average peak-to-trough decline	-43.81%	-82.67%	+38.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	43.41%	—

Volatility

Volatility by Period

	GSUI	ETCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	107.79%	62.03%	+45.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.79%	94.03%	+13.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.79%	115.33%	-7.54%

GSUI vs. ETCG - Expense Ratio Comparison

GSUI has a 0.00% expense ratio, which is lower than ETCG's 2.50% expense ratio.

Dividends

GSUI vs. ETCG - Dividend Comparison

Neither GSUI nor ETCG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSUI and ETCG in my portfolio?

GSUI and ETCG have a correlation of 0.57, 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 ETCG?

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 ETCG?

GSUI is cheaper with a 0.00% expense ratio, compared with 2.50% for ETCG.

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

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

What is the main difference between GSUI and ETCG?

GSUI tracks CoinDesk SUI Reference Rate, while ETCG tracks Ethereum Classic (ETC). Their fees differ too: 0.00% for GSUI and 2.50% for ETCG.