LTCN vs. GSUI

Last updated Aug 1, 2026

LTCN (Grayscale Litecoin Trust) and GSUI (Grayscale Sui Staking ETF) are both Cryptocurrency funds from Grayscale - LTCN tracks the CoinDesk Litecoin Price Index while GSUI tracks the CoinDesk SUI Reference Rate. Both are passively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. LTCN charges 2.50%/yr vs 0.00%/yr for GSUI.

Performance

LTCN vs. GSUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Litecoin Trust (LTCN) 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, LTCN achieves a -44.82% return, which is significantly higher than GSUI's -49.92% return.

LTCN

• 1D: -1.11%
• 1M: 0.94%
• 6M: -37.33%
• YTD: -44.82%
• 1Y: -61.34%
• 3Y*: -16.25%
• 5Y*: -24.69%
• 10Y*: —
• ALL TIME*: -33.04%

GSUI

• 1D: -3.16%
• 1M: -7.77%
• 6M: -40.77%
• YTD: -49.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GSUI Grayscale Sui Staking ETF	$227.46K	$286.78K	$708.35K
LTCN Grayscale Litecoin Trust	$228.60K	$254.02K	$357.31K

LTCN vs. GSUI - Yearly Performance Comparison

	2026 (YTD)	2025
LTCN Grayscale Litecoin Trust	-44.82%	-10.22%
GSUI Grayscale Sui Staking ETF	-49.92%	-42.99%

Correlation

The correlation between LTCN and GSUI is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 24, 2025	0.60

Return for Risk

LTCN vs. GSUI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LTCN

LTCN Risk / Return Rank: 2
LTCN Sharpe Ratio Rank: 2
LTCN Sortino Ratio Rank: 1
LTCN Omega Ratio Rank: 1
LTCN Calmar Ratio Rank: 2
LTCN Martin Ratio Rank: 3

GSUI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LTCN vs. GSUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Litecoin Trust (LTCN) 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.

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.

	LTCN	GSUI	Difference
Sharpe ratio: Return per unit of total volatility	-0.97	—	—
Sortino ratio: Return per unit of downside risk	-1.63	—	—
Omega ratio: Gain probability vs. loss probability	0.81	—	—
Calmar ratio: Return relative to maximum drawdown	-0.87	—	—
Martin ratio: Return relative to average drawdown	-1.24	—	—

Drawdowns

LTCN vs. GSUI - Drawdown Comparison

The maximum LTCN drawdown since its inception was -99.58%, which is greater than GSUI's maximum drawdown of -71.63%. Use the drawdown chart below to compare losses from any high point for LTCN and GSUI.

Drawdown Indicators

	LTCN	GSUI	Difference
Max Drawdown Largest peak-to-trough decline	-99.58%	-71.63%	-27.95%
Max Drawdown (1Y) Largest decline over 1 year	-72.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-93.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-93.68%	—	—
Current Drawdown Current decline from peak	-99.36%	-71.45%	-27.91%
Average Drawdown Average peak-to-trough decline	-89.83%	-55.03%	-34.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.75%	—	—

Volatility

Volatility by Period

	LTCN	GSUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	39.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	64.78%	99.34%	-34.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	100.83%	99.34%	+1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	140.40%	99.34%	+41.06%

LTCN vs. GSUI - Expense Ratio Comparison

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

Dividends

LTCN vs. GSUI - Dividend Comparison

Neither LTCN nor GSUI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LTCN and GSUI in my portfolio?

LTCN and GSUI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LTCN 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, LTCN or GSUI?

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

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

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

What is the main difference between LTCN and GSUI?

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