HYPG vs SSPY

Comparison between Grayscale HYPE ETF (HYPG, ETF) and STRATIFIED LARGECAP INDEX ETF (SSPY, ETF).

HYPG vs SSPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYPG(ETF)	SSPY(ETF)
Net Assets	$127M	$127M
Expense Ratio	0.29%	0.45%
Max Drawdown	26.56%	16.45%
Sharpe Ratio	-1.26	1.30
5Y Beta	3.44	0.73
P/E Ratio	N/A	22.45
Forward P/E	N/A	16.62
5Y EPS CAGR	N/A	12.20%
Debt to Equity	N/A	14.40%
P/S Ratio	N/A	1.56
P/B Ratio	N/A	3.24

Net Assets

HYPG

$127M

Winner

SSPY

$127M

Expense Ratio

Winner

HYPG

0.29%

SSPY

0.45%

Max Drawdown

HYPG

26.56%

Winner

SSPY

16.45%

Sharpe Ratio

HYPG

-1.26

Winner

SSPY

1.30

5Y Beta

HYPG

3.44

Winner

SSPY

0.73

P/E Ratio

HYPG

N/A

SSPY

22.45

Forward P/E

HYPG

N/A

SSPY

16.62

5Y EPS CAGR

HYPG

N/A

SSPY

12.20%

Debt to Equity

HYPG

N/A

SSPY

14.40%

P/S Ratio

HYPG

N/A

SSPY

1.56

P/B Ratio

HYPG

N/A

SSPY

3.24

HYPG vs SSPY - Historical Returns

Returns include dividend reinvestment.

Period	HYPG	SSPY
1 month	-10.41%	+1.39%
3 months	N/A	+4.49%
6 months	N/A	+7.66%
1 year	N/A	+18.73%
Max(CAGR)	-77.32%	+13.17%

HYPG

-10.41%

Winner

SSPY

+1.39%

HYPG

N/A

SSPY

+4.49%

HYPG

N/A

SSPY

+7.66%

HYPG

N/A

SSPY

+18.73%

Max(CAGR)

HYPG

-77.32%

Winner

SSPY

+13.17%

HYPG vs SSPY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	HYPG	SSPY
2026	-17.72%	+11.12%
2025	N/A	+13.00%
2024	N/A	-0.90%

HYPG vs SSPY Drawdown Comparison

The maximum drawdown for HYPG was -26.56%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for SSPY was -16.16%, occurring on Apr 8, 2025. Recovery took 144 trading sessions.

The current HYPG drawdown is -17.72%. The current SSPY drawdown is -1.18%.

Rank	HYPG	SSPY
#1	-26.56% Jun 3, 2026 - Jun 10, 2026	-16.16% Nov 29, 2024 - Jul 1, 2025
#2	N/A	-7.32% Feb 27, 2026 - May 6, 2026
#3	N/A	-4.80% Oct 27, 2025 - Nov 28, 2025
#4	N/A	-3.06% Oct 3, 2025 - Oct 24, 2025
#5	N/A	-2.96% Oct 16, 2024 - Nov 6, 2024
#6	N/A	-2.84% Jul 23, 2025 - Aug 13, 2025
#7	N/A	-1.94% Nov 11, 2024 - Nov 22, 2024
#8	N/A	-1.84% Jul 10, 2025 - Jul 23, 2025
#9	N/A	-1.84% Jun 15, 2026 - Jun 26, 2026
#10	N/A	-1.64% Jun 4, 2026 - Jun 12, 2026
#11	N/A	-1.58% Jan 15, 2026 - Jan 22, 2026
#12	N/A	-1.44% Dec 11, 2025 - Jan 5, 2026
#13	N/A	-1.32% Jul 7, 2026 - Jul 20, 2026
#14	N/A	-1.30% May 6, 2026 - May 21, 2026
#15	N/A	-1.16% Sep 30, 2024 - Oct 11, 2024