GLNK vs IVV
Grayscale Chainlink Trust ETF vs iShares Core S&P 500 ETF
Quick Verdict
GLNK has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GLNK | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.03% | |
| AUM | $92M | $907.0B | |
| Dividend Yield | 0.00% | 1.10% | |
| Holdings | 1 | 508 | |
| YTD Return | -19.68% | +12.28% | |
| 1Y Return | -82.30% | +20.94% | |
| 3Y Return (annualized) | -12.74% | +21.81% | |
| 5Y Return (annualized) | - | +13.05% | |
| Volatility (annualized) | 153.6% | 15.1% | |
| Max Drawdown | -96.3% | -56.5% | |
| Fund Family | Grayscale | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 26, 2021 | May 15, 2000 |
GLNK vs IVV Performance
Grayscale Chainlink Trust ETF (GLNK) is a ETF from Grayscale and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GLNK returned -82.30% while IVV returned +20.94%. Year to date, GLNK is down 19.68% versus a gain of 12.28% for IVV.
Over three years, GLNK compounded at -12.74% per year against +21.81% for IVV. Across the full 4-year window we track, IVV has the edge at +6.98% annualized vs +4.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GLNK has been the more volatile fund, with annualized monthly volatility of 153.6% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -96.3% for GLNK and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GLNK charges 0.00% per year while IVV charges 0.03%. On a $10,000 position that is $0 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, GLNK currently yields 0.00% against 1.10% for IVV.
Frequently Asked Questions
Which is cheaper, GLNK or IVV?
GLNK has an expense ratio of 0.00% while IVV charges 0.03%. GLNK is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, GLNK or IVV?
Over the past year GLNK returned -82.30% vs +20.94% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), GLNK annualized +4.35% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, GLNK or IVV?
GLNK has been the more volatile fund at 153.6% annualized versus 15.1% for IVV. Worst drawdown: GLNK -96.3% vs IVV -56.5%.
Should I hold both GLNK and IVV?
GLNK and IVV have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, GLNK or IVV?
GLNK yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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