GSUI vs. LTCN

Last updated Jun 3, 2026

GSUI (Grayscale Sui Staking ETF) and LTCN (Grayscale Litecoin Trust) are both Cryptocurrency funds from Grayscale - GSUI tracks the CoinDesk SUI Reference Rate while LTCN tracks the CoinDesk Litecoin Price Index. Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. GSUI charges 0.00%/yr vs 2.50%/yr for LTCN.

Performance

GSUI vs. LTCN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Sui Staking ETF (GSUI) and Grayscale Litecoin Trust (LTCN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSUI achieves a -39.27% return, which is significantly higher than LTCN's -41.50% return.

GSUI

• 1D: -6.40%
• 1M: -10.85%
• YTD: -39.27%
• 6M: -46.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LTCN

• 1D: -7.48%
• 1M: -17.69%
• YTD: -41.50%
• 6M: -49.04%
• 1Y: -50.16%
• 3Y*: -7.97%
• 5Y*: -59.68%
• 10Y*: —

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

GSUI vs. LTCN - Yearly Performance Comparison

	2026 (YTD)	2025
GSUI Grayscale Sui Staking ETF	-39.27%	-34.63%
LTCN Grayscale Litecoin Trust	-41.50%	-14.81%

Correlation

The correlation between GSUI and LTCN is 0.58, 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	0.58

Return for Risk

GSUI vs. LTCN — Risk / Return Rank

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

LTCN

LTCN Risk / Return Rank: 3
LTCN Sharpe Ratio Rank: 3
LTCN Sortino Ratio Rank: 3
LTCN Omega Ratio Rank: 3
LTCN Calmar Ratio Rank: 2
LTCN 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. LTCN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Sui Staking ETF (GSUI) and Grayscale Litecoin Trust (LTCN). 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	LTCN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.72	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	-0.20	-0.58

Drawdowns

GSUI vs. LTCN - Drawdown Comparison

The maximum GSUI drawdown since its inception was -60.30%, smaller than the maximum LTCN drawdown of -99.58%. Use the drawdown chart below to compare losses from any high point for GSUI and LTCN.

Drawdown Indicators

	GSUI	LTCN	Difference
Max Drawdown Largest peak-to-trough decline	-60.30%	-99.58%	+39.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-68.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-92.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.28%	—
Current Drawdown Current decline from peak	-60.30%	-99.32%	+39.02%
Average Drawdown Average peak-to-trough decline	-43.68%	-89.60%	+45.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	42.73%	—

Volatility

Volatility by Period

	GSUI	LTCN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	42.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	108.20%	69.69%	+38.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	108.20%	106.73%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.20%	141.47%	-33.27%

GSUI vs. LTCN - Expense Ratio Comparison

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

Dividends

GSUI vs. LTCN - Dividend Comparison

Neither GSUI nor LTCN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSUI and LTCN in my portfolio?

GSUI and LTCN have a correlation of 0.58, 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 LTCN?

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 LTCN?

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

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

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

What is the main difference between GSUI and LTCN?

GSUI tracks CoinDesk SUI Reference Rate, while LTCN tracks CoinDesk Litecoin Price Index. Their fees differ too: 0.00% for GSUI and 2.50% for LTCN.