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GSUI vs. TBLL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GSUI vs. TBLL - Performance Comparison

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

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Returns By Period

In the year-to-date period, GSUI achieves a -48.29% return, which is significantly lower than TBLL's 1.60% return.


GSUI

1D
-2.97%
1M
-33.68%
YTD
-48.29%
6M
-46.49%
1Y
3Y*
5Y*
10Y*

TBLL

1D
0.00%
1M
0.26%
YTD
1.60%
6M
1.68%
1Y
3.86%
3Y*
4.60%
5Y*
3.39%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

GSUI vs. TBLL - Yearly Performance Comparison


2026 (YTD)2025
GSUI
Grayscale Sui Staking ETF
-48.29%-42.99%
TBLL
Invesco Short Term Treasury ETF
1.60%0.44%

Correlation

The correlation between GSUI and TBLL is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


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

-0.08

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Return for Risk

GSUI vs. TBLL — 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.


TBLL
TBLL Risk / Return Rank: 100100
Overall Rank
TBLL Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
TBLL Sortino Ratio Rank: 100100
Sortino Ratio Rank
TBLL Omega Ratio Rank: 100100
Omega Ratio Rank
TBLL Calmar Ratio Rank: 100100
Calmar Ratio Rank
TBLL Martin Ratio Rank: 100100
Martin Ratio Rank
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. TBLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Sui Staking ETF (GSUI) and Invesco Short Term Treasury ETF (TBLL). 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.


GSUITBLLDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

81.03

Calmar ratioReturn relative to maximum drawdown

408.95

Martin ratioReturn relative to average drawdown

3,057.45

GSUI vs. TBLL - Sharpe Ratio Comparison


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Drawdowns

GSUI vs. TBLL - Drawdown Comparison

The maximum GSUI drawdown since its inception was -70.73%, which is greater than TBLL's maximum drawdown of -0.63%. Use the drawdown chart below to compare losses from any high point for GSUI and TBLL.


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Drawdown Indicators


GSUITBLLDifference

Max Drawdown

Largest peak-to-trough decline

-70.73%

-0.63%

-70.10%

Max Drawdown (1Y)

Largest decline over 1 year

-0.01%

Max Drawdown (3Y)

Largest decline over 3 years

-0.36%

Max Drawdown (5Y)

Largest decline over 5 years

-0.36%

Current Drawdown

Current decline from peak

-70.52%

0.00%

-70.52%

Average Drawdown

Average peak-to-trough decline

-52.30%

-0.14%

-52.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

Volatility

GSUI vs. TBLL - Volatility Comparison


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Volatility by Period


GSUITBLLDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.05%

Volatility (6M)

Calculated over the trailing 6-month period

0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

106.72%

0.19%

+106.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

106.72%

0.45%

+106.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

106.72%

0.56%

+106.16%

GSUI vs. TBLL - Expense Ratio Comparison

GSUI has a 0.00% expense ratio, which is lower than TBLL's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

GSUI vs. TBLL - Dividend Comparison

GSUI has not paid dividends to shareholders, while TBLL's dividend yield for the trailing twelve months is around 3.76%.


PositionTTM202520242023202220212020201920182017
GSUI
Grayscale Sui Staking ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TBLL
Invesco Short Term Treasury ETF
3.76%4.08%4.99%4.63%1.37%0.03%0.80%2.08%1.69%0.71%

Frequently Asked Questions


GSUI and TBLL have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

GSUI is cheaper with a 0.00% expense ratio, compared with 0.08% for TBLL.

TBLL has the higher dividend yield at 3.76%, compared with 0.00% for GSUI.

GSUI is categorized as Cryptocurrency, while TBLL is Ultrashort Bond. GSUI tracks CoinDesk SUI Reference Rate, while TBLL tracks ICE U.S. Treasury Short Bond Index. They also come from different issuers: Grayscale and Invesco. Their fees differ too: 0.00% for GSUI and 0.08% for TBLL.

Portfolio Optimizer

Find the right allocation for GSUI and TBLL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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