GXRP vs. GSUI

Last updated Jun 4, 2026

GXRP (Grayscale XRP Trust ETF) and GSUI (Grayscale Sui Staking ETF) are both Cryptocurrency funds from Grayscale - GXRP tracks the CoinDesk XRP Reference Rate Index while GSUI tracks the CoinDesk SUI Reference Rate. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. GXRP charges 0.35%/yr vs 0.00%/yr for GSUI.

Performance

GXRP vs. GSUI - Performance Comparison

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

Returns By Period

In the year-to-date period, GXRP achieves a -34.34% return, which is significantly higher than GSUI's -39.93% return.

GXRP

• 1D: -1.56%
• 1M: -14.02%
• YTD: -34.34%
• 6M: -45.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSUI

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

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

GXRP vs. GSUI - Yearly Performance Comparison

	2026 (YTD)	2025
GXRP Grayscale XRP Trust ETF	-34.34%	-18.76%
GSUI Grayscale Sui Staking ETF	-39.93%	-34.63%

Correlation

The correlation between GXRP and GSUI is 0.67, 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	0.67

Return for Risk

GXRP vs. GSUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale XRP Trust ETF (GXRP) and Grayscale Sui Staking ETF (GSUI). 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

	GXRP	GSUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-0.78	-0.20

Drawdowns

GXRP vs. GSUI - Drawdown Comparison

The maximum GXRP drawdown since its inception was -48.62%, smaller than the maximum GSUI drawdown of -60.73%. Use the drawdown chart below to compare losses from any high point for GXRP and GSUI.

Drawdown Indicators

	GXRP	GSUI	Difference
Max Drawdown Largest peak-to-trough decline	-48.62%	-60.73%	+12.11%
Current Drawdown Current decline from peak	-48.13%	-60.73%	+12.60%
Average Drawdown Average peak-to-trough decline	-30.15%	-43.81%	+13.66%

Volatility

Volatility by Period

	GXRP	GSUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	71.89%	107.79%	-35.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.89%	107.79%	-35.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.89%	107.79%	-35.90%

GXRP vs. GSUI - Expense Ratio Comparison

GXRP has a 0.35% expense ratio, which is higher than GSUI's 0.00% expense ratio.

Dividends

GXRP vs. GSUI - Dividend Comparison

Neither GXRP nor GSUI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GXRP and GSUI in my portfolio?

GXRP and GSUI have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXRP or GSUI?

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, GXRP or GSUI?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.35% for GXRP.

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

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

What is the main difference between GXRP and GSUI?

GXRP tracks CoinDesk XRP Reference Rate Index, while GSUI tracks CoinDesk SUI Reference Rate. Their fees differ too: 0.35% for GXRP and 0.00% for GSUI.