LTCC vs. ZCSH

Last updated Jun 4, 2026

LTCC (Canary Litecoin ETF) and ZCSH (Grayscale Zcash Trust (ZEC)) are both Cryptocurrency funds. LTCC is actively managed, while ZCSH is passively managed. At a 0.37 correlation, their price movements are largely independent. LTCC charges 0.95%/yr vs 2.50%/yr for ZCSH.

Performance

LTCC vs. ZCSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Litecoin ETF (LTCC) and Grayscale Zcash Trust (ZEC) (ZCSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LTCC achieves a -38.64% return, which is significantly lower than ZCSH's 41.32% return.

LTCC

• 1D: -1.79%
• 1M: -14.54%
• YTD: -38.64%
• 6M: -45.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZCSH

• 1D: -5.29%
• 1M: 47.90%
• YTD: 41.32%
• 6M: 72.54%
• 1Y: 1,002.48%
• 3Y*: 185.96%
• 5Y*: —
• 10Y*: —

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

LTCC vs. ZCSH - Yearly Performance Comparison

	2026 (YTD)	2025
LTCC Canary Litecoin ETF	-38.64%	-22.20%
ZCSH Grayscale Zcash Trust (ZEC)	41.32%	28.96%

Correlation

The correlation between LTCC and ZCSH is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025	0.37

Return for Risk

LTCC vs. ZCSH — Risk / Return Rank

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

ZCSH

ZCSH Risk / Return Rank: 92
ZCSH Sharpe Ratio Rank: 98
ZCSH Sortino Ratio Rank: 89
ZCSH Omega Ratio Rank: 81
ZCSH Calmar Ratio Rank: 98
ZCSH Martin Ratio Rank: 94

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.

LTCC vs. ZCSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary Litecoin ETF (LTCC) and Grayscale Zcash Trust (ZEC) (ZCSH). 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

	LTCC	ZCSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	6.10	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.11	0.10	-1.21

Drawdowns

LTCC vs. ZCSH - Drawdown Comparison

The maximum LTCC drawdown since its inception was -56.22%, smaller than the maximum ZCSH drawdown of -93.73%. Use the drawdown chart below to compare losses from any high point for LTCC and ZCSH.

Drawdown Indicators

	LTCC	ZCSH	Difference
Max Drawdown Largest peak-to-trough decline	-56.22%	-93.73%	+37.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-71.90%	—
Current Drawdown Current decline from peak	-56.22%	-15.71%	-40.51%
Average Drawdown Average peak-to-trough decline	-37.73%	-74.41%	+36.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.49%	—

Volatility

Volatility by Period

	LTCC	ZCSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	48.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	94.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	64.50%	166.02%	-101.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.50%	136.87%	-72.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.50%	136.87%	-72.37%

LTCC vs. ZCSH - Expense Ratio Comparison

LTCC has a 0.95% expense ratio, which is lower than ZCSH's 2.50% expense ratio.

Dividends

LTCC vs. ZCSH - Dividend Comparison

Neither LTCC nor ZCSH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LTCC and ZCSH in my portfolio?

LTCC and ZCSH have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LTCC or ZCSH?

On fees, LTCC is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LTCC or ZCSH?

LTCC is cheaper with a 0.95% expense ratio, compared with 2.50% for ZCSH.

Which ETF pays a higher dividend yield, LTCC or ZCSH?

LTCC and ZCSH have nearly identical dividend yields, around 0.00%.

What is the main difference between LTCC and ZCSH?

They also come from different issuers: Canary Capital and Grayscale. Their fees differ too: 0.95% for LTCC and 2.50% for ZCSH.