GLNK vs VYM
GLNK vs VYM
Grayscale Chainlink Trust ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
GLNK has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | GLNK | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.04% | |
| AUM | $90M | $79.0B | |
| Dividend Yield | 0.00% | 2.86% | |
| Holdings | 1 | 568 | |
| YTD Return | -38.42% | +15.80% | |
| 1Y Return | -79.49% | +26.12% | |
| 3Y Return (annualized) | -18.69% | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 153.2% | 14.6% | |
| Max Drawdown | -96.3% | -58.8% | |
| Fund Family | Grayscale | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 26, 2021 | Nov 10, 2006 |
GLNK vs VYM Performance
Grayscale Chainlink Trust ETF (GLNK) is a ETF from Grayscale and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year GLNK returned -79.49% while VYM returned +26.12%. Year to date, GLNK is down 38.42% versus a gain of 15.80% for VYM.
Over three years, GLNK compounded at -18.69% per year against +18.25% for VYM. Across the full 4-year window we track, VYM has the edge at +7.07% annualized vs -1.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GLNK has been the more volatile fund, with annualized monthly volatility of 153.2% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GLNK charges 0.00% per year while VYM charges 0.04%. On a $10,000 position that is $0 vs $4 annually, a gap of $4 per year that compounds over a long holding period. On income, GLNK currently yields 0.00% against 2.86% for VYM.
Frequently Asked Questions
Which is cheaper, GLNK or VYM?
GLNK has an expense ratio of 0.00% while VYM charges 0.04%. GLNK is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, GLNK or VYM?
Over the past year GLNK returned -79.49% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), GLNK annualized -1.98% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, GLNK or VYM?
GLNK has been the more volatile fund at 153.2% annualized versus 14.6% for VYM. Worst drawdown: GLNK -96.3% vs VYM -58.8%.
Should I hold both GLNK and VYM?
GLNK and VYM have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, GLNK or VYM?
GLNK yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.