GLNK vs VOO

GLNK vs VOO
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Quick Verdict

GLNK has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: GLNKHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricGLNKVOOWinner
Expense Ratio0.00%0.03%
AUM$92M$997.4B
Dividend Yield0.00%1.08%
Holdings1509
YTD Return-23.75%+13.20%
1Y Return-80.67%+21.62%
3Y Return (annualized)-14.26%+22.16%
5Y Return (annualized)-+13.42%
Volatility (annualized)153.4%14.1%
Max Drawdown-96.3%-34.3%
Fund FamilyGrayscaleVanguard (US)
CategoryAlternativeEquity
InceptionFeb 26, 2021Sep 7, 2010

GLNK vs VOO Performance

Grayscale Chainlink Trust ETF (GLNK) is a ETF from Grayscale and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GLNK returned -80.67% while VOO returned +21.62%. Year to date, GLNK is down 23.75% versus a gain of 13.20% for VOO.

Over three years, GLNK compounded at -14.26% per year against +22.16% for VOO. Across the full 4-year window we track, VOO has the edge at +13.51% annualized vs +3.09%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GLNK has been the more volatile fund, with annualized monthly volatility of 153.4% compared with 14.1% for VOO. 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 -34.3% for VOO. 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 VOO 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 1.08% for VOO.

Frequently Asked Questions

Which is cheaper, GLNK or VOO?

GLNK has an expense ratio of 0.00% while VOO 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 VOO?

Over the past year GLNK returned -80.67% vs +21.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), GLNK annualized +3.09% vs +13.51% for VOO. Past performance does not guarantee future results.

Which is riskier, GLNK or VOO?

GLNK has been the more volatile fund at 153.4% annualized versus 14.1% for VOO. Worst drawdown: GLNK -96.3% vs VOO -34.3%.

Should I hold both GLNK and VOO?

GLNK and VOO 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 VOO?

GLNK yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

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