TOAK vs. GSUI

Last updated Jun 4, 2026

TOAK (Twin Oak Short Horizon Absolute Return ETF) and GSUI (Grayscale Sui Staking ETF) are both exchange-traded funds - TOAK is a Multistrategy fund actively managed by Twin Oak, while GSUI is a Cryptocurrency fund tracking the CoinDesk SUI Reference Rate. TOAK is actively managed, while GSUI is passively managed. At a correlation of -0.08, they often move in opposite directions. TOAK charges 0.25%/yr vs 0.00%/yr for GSUI.

Performance

TOAK vs. GSUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Twin Oak Short Horizon Absolute Return ETF (TOAK) 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, TOAK achieves a 1.32% return, which is significantly higher than GSUI's -39.93% return.

TOAK

• 1D: 0.03%
• 1M: 0.24%
• YTD: 1.32%
• 6M: 1.55%
• 1Y: 3.70%
• 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)

TOAK vs. GSUI - Yearly Performance Comparison

	2026 (YTD)	2025
TOAK Twin Oak Short Horizon Absolute Return ETF	1.32%	0.39%
GSUI Grayscale Sui Staking ETF	-39.93%	-34.63%

Correlation

The correlation between TOAK and GSUI 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 25, 2025	-0.08

Return for Risk

TOAK vs. GSUI — Risk / Return Rank

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

TOAK

TOAK Risk / Return Rank: 52
TOAK Sharpe Ratio Rank: 36
TOAK Sortino Ratio Rank: 37
TOAK Omega Ratio Rank: 96
TOAK Calmar Ratio Rank: 42
TOAK Martin Ratio Rank: 49

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.

TOAK vs. GSUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Twin Oak Short Horizon Absolute Return ETF (TOAK) 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.

	TOAK	GSUI	Difference
Sharpe ratio Return per unit of total volatility	1.27	—	—
Sortino ratio Return per unit of downside risk	1.89	—	—
Omega ratio Gain probability vs. loss probability	1.77	—	—
Calmar ratio Return relative to maximum drawdown	2.05	—	—
Martin ratio Return relative to average drawdown	8.11	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TOAK	GSUI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.82	-0.78	+2.60

Drawdowns

TOAK vs. GSUI - Drawdown Comparison

The maximum TOAK drawdown since its inception was -1.81%, smaller than the maximum GSUI drawdown of -60.73%. Use the drawdown chart below to compare losses from any high point for TOAK and GSUI.

Drawdown Indicators

	TOAK	GSUI	Difference
Max Drawdown Largest peak-to-trough decline	-1.81%	-60.73%	+58.92%
Max Drawdown (1Y) Largest decline over 1 year	-1.81%	—	—
Current Drawdown Current decline from peak	-1.72%	-60.73%	+59.01%
Average Drawdown Average peak-to-trough decline	-0.10%	-43.81%	+43.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	—	—

Volatility

Volatility by Period

	TOAK	GSUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.92%	107.79%	-104.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.22%	107.79%	-105.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.22%	107.79%	-105.57%

TOAK vs. GSUI - Expense Ratio Comparison

TOAK has a 0.25% expense ratio, which is higher than GSUI's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TOAK vs. GSUI - Dividend Comparison

Neither TOAK nor GSUI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TOAK and GSUI in my portfolio?

TOAK and GSUI 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.

Which ETF is better, TOAK 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, TOAK or GSUI?

GSUI is cheaper with a 0.00% expense ratio, compared with 0.25% for TOAK.

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

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

What is the main difference between TOAK and GSUI?

TOAK is categorized as Multistrategy, while GSUI is Cryptocurrency. They also come from different issuers: Twin Oak and Grayscale. Their fees differ too: 0.25% for TOAK and 0.00% for GSUI.