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GDLC vs SHYD

Comparison between Grayscale CoinDesk Crypto 5 ETF (GDLC, ETF) and VANECK SHORT HIGH YIELD MUNI ETF (SHYD, ETF).

5-Year PerformanceSHYD has outperformed GDLC, delivering a return of +1.0% compared to +0.4%

GDLC vs SHYD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GDLC
$422M
Winner
SHYD
$423M
Expense Ratio
GDLC
0.59%
Winner
SHYD
0.32%
Max Drawdown
GDLC
94.14%
Winner
SHYD
31.57%
Sharpe Ratio
GDLC
-0.87
Winner
SHYD
0.49
5Y Beta
GDLC
1.44
Winner
SHYD
0.03
5Y Dividends CAGR
GDLC
N/A
SHYD
1.51%

GDLC vs SHYD - Historical Returns

Returns include dividend reinvestment.

1M
GDLC
-26.46%
Winner
SHYD
+0.70%
3M
GDLC
-17.48%
Winner
SHYD
+0.39%
6M
GDLC
-36.64%
Winner
SHYD
+1.69%
1Y
GDLC
-38.63%
Winner
SHYD
+5.19%
5Y(CAGR)
GDLC
+0.44%
Winner
SHYD
+0.97%
10Y(CAGR)
GDLC
N/A
SHYD
+2.07%
Max(CAGR)
Winner
GDLC
+25.81%
SHYD
+2.29%

GDLC vs SHYD - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearGDLCSHYD
2026-36.89%+1.10%
2025-3.20%+5.44%
2024+123.34%+4.61%
2023+360.78%+2.21%
2022-84.27%-9.01%
2021+17.43%+4.25%
2020+233.86%+1.41%
2019-5.00%+7.35%
2018N/A+3.34%
2017N/A+5.07%
2016N/A-0.59%
2015N/A-0.32%
2014N/A+4.55%

GDLC vs SHYD Drawdown Comparison

The maximum drawdown for GDLC was -94.14%, occurring on Jan 3, 2023. This drawdown has not yet recovered.

The maximum drawdown for SHYD was -31.22%, occurring on Mar 19, 2020. Recovery took 225 trading sessions.

The current GDLC drawdown is -58.11%. The current SHYD drawdown is -0.17%.

RankGDLCSHYD
#1-94.14%
Sep 1, 2021 - Jan 3, 2023
-31.22%
Feb 27, 2020 - Jan 19, 2021
#2-64.90%
Aug 20, 2020 - Jan 7, 2021
-13.32%
Aug 4, 2021 - Aug 15, 2025
#3-61.52%
Apr 15, 2021 - Aug 23, 2021
-7.97%
Aug 24, 2016 - Sep 5, 2017
#4-58.39%
Nov 29, 2019 - Jul 30, 2020
-4.24%
Feb 4, 2015 - Mar 7, 2016
#5-31.52%
Feb 19, 2021 - Apr 13, 2021
-2.17%
Feb 26, 2026 - Mar 24, 2026
#6-29.10%
Jan 7, 2021 - Feb 11, 2021
-2.00%
Jun 25, 2014 - Sep 23, 2014
#7-25.52%
Aug 3, 2020 - Aug 6, 2020
-1.96%
Aug 22, 2018 - Jan 2, 2019
#8-18.76%
Aug 6, 2020 - Aug 17, 2020
-1.74%
Feb 8, 2021 - May 6, 2021
#9-16.67%
Nov 22, 2019 - Nov 27, 2019
-1.18%
Sep 5, 2017 - Apr 6, 2018
#10-7.94%
Aug 18, 2020 - Aug 20, 2020
-1.03%
Mar 12, 2014 - May 14, 2014
#11-4.26%
Aug 25, 2021 - Aug 27, 2021
-0.99%
Sep 4, 2019 - Nov 26, 2019
#12-2.35%
Feb 11, 2021 - Feb 16, 2021
-0.90%
Sep 17, 2025 - Nov 24, 2025
#13-1.34%
Aug 23, 2021 - Aug 25, 2021
-0.74%
Oct 15, 2014 - Oct 30, 2014
#14N/A-0.69%
Aug 15, 2025 - Sep 5, 2025
#15N/A-0.59%
Dec 10, 2014 - Dec 30, 2014

Correlation

Correlation between GDLC and SHYD is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79
-101

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