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GDLC vs TKNZ

Grayscale CoinDesk Crypto 5 ETF

GDLCANYSE Arca

T. Rowe Price Active Crypto ETF

TKNZCNYSE Arca

Overlap

Expense ratio

GDLC −0.31pt a year

GDLC0.59%TKNZ0.90%

Avg volume · 30D

GDLC 5.4×the volume

GDLC35.8KTKNZ6.63K

GDLC vs TKNZ Performance

Jul 31, 2026 – Oct 30, 2026

+20.9%GDLC+24.4%TKNZ

Jul 31, 2026 to Oct 30, 2026. GDLC +20.9%. TKNZ +24.4%. Use the arrow keys to read each point.0%10%30%40%Jul 2026Sep 2026Oct 2026
Expense ratio
GDLC 0.59%, better
TKNZ 0.90%
Fund size
GDLC $390M
TKNZ $24M
1Y total return
GDLC −34.9%
TKNZ No data
Holdings
GDLC 5
TKNZ 11
Avg volume (30D)
GDLC 35.8K sh, better
TKNZ 6.63K sh
NAV per share
GDLC $34.58
TKNZ $29.54
52W range

ETF.net Grade

GDLC: Cost 58, Risk 35, Mission 100, Tradability 83, Holdings not scored, Durability 75. TKNZ: Cost 34, Risk 95, Mission not scored, Tradability 63, Holdings 38, Durability 50.
Pillar letters and Scores for GDLC, TKNZ, with each pillar’s weight
PillarGDLCTKNZ
Cost30% weightB58HigherD34
Mission25% weightA100Not scored
Risk15% weightD35A95Higher
Tradability15% weightA83HigherB63
Holdings10% weightNot scoredD38
Durability5% weightA75HigherC50

Rank among Spot Crypto Basket funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GDLC and TKNZ are both graded against the same 10 Spot Crypto Basket funds, so their Grades compare head to head.

Spot Crypto Basket⁠

Category · 10 funds
See all 10 ›

GDLC ranks 2nd and TKNZ 6th of 10 funds in the Spot Crypto Basket Category.

  1. Rank 1AEZPZFranklin Crypto Index ETFScore 76
  2. Rank 2AGDLCGrayscale CoinDesk Crypto 5 ETFScore 71
  3. Rank 2ANCIQHashdex Nasdaq Crypto Index US ETFScore 71
  4. Rank 5BVAVXVanEck Avalanche ETFScore 62
  5. Rank 6CTKNZT. Rowe Price Active Crypto ETFScore 53
  6. Rank 7CBESOGSR Crypto Core3 ETFScore 46

Our read on each fund

ETF.net Research

GDLCAGrayscale CoinDesk Crypto 5 ETF

TKNZCT. Rowe Price Active Crypto ETF

In short

GDLC One ticker, five large liquid coins, market-cap weighted by the CoinDesk 5 Index. Grayscale's 2018-vintage basket predates the spot-crypto ETF crowd, and its fee now sits right at the middle of that pack.

TKNZ No data

Stated mandate

GDLC The fund provides exposure to the market-cap-weighted performance of five large, liquid crypto assets, offering diversified access to the cryptocurrency market.

TKNZ No data

Why people hold it

  • GDLC Five large, liquid coins in a single market-cap-weighted basket tracking the CoinDesk 5 Index. No exchange accounts, no wallets, no seed phrases.
  • At 0.59% a year it lands at the median for multi-coin baskets, and far under the 2.50% Bitwise charges on BITW.
  • Running since 2018, one of the longest histories among multi-coin crypto funds, and it stands in the upper half of that group.
  • The mandate is literal: hold the index's five names at market-cap weight. No manager hunting the next winner.

TKNZ No data

Worth knowing

  • GDLC Trades lightly for its category, so spreads can run wider than the headline crypto funds. Limit orders earn their keep here.
  • Five coins at market-cap weight means the largest one carries most of the load. This is concentrated crypto exposure, and it moves like it.
  • Cheaper doors to the same basket idea exist: EZPZ at 0.00% and NCIQ at 0.25%. And there is no income here, only coin prices.

TKNZ No data

Full GDLC profile⁠

Full TKNZ profile⁠

GDLC vs TKNZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GDLC vs TKNZ Cost

Overpaying TKNZ vs GDLC

$5,405

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GDLC 0.59%

    $11,635

  • TKNZ 0.90%

    $17,040

$10,000
30 years

Cost over time

  • GDLC 0.59%
  • TKNZ 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TKNZ $17,040GDLC $11,635

Year by year

YearGDLCTKNZOverpaying
10$1,058$1,593$535
20$4,051$6,015$1,964
30$11,635$17,040$5,405

Expense ratio

  • 0.59%GDLC, cheaper
  • 0.90%TKNZ
  • Middle half of Spot Crypto Basket funds
  • Median 0.67%

GDLC 5th cheapest of 10 funds

TKNZ 7th cheapest of 10 funds

GDLC vs TKNZ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
GDLC None
TKNZ None

Distribution history

GDLCAll GDLC payments⁠

No distribution history available.

TKNZAll TKNZ payments⁠

No distribution history available.

GDLC vs TKNZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GDLC 70.1%TKNZ No data
Return per unit of riskSharpe ratio, 3 years
GDLC 0.73TKNZ No data
Worst fallMax drawdown, 5 years
GDLC −89.0%TKNZ No data
Market sensitivityBeta, 5 years
GDLC 2.44TKNZ 0.00

GDLC and TKNZ in the news

All news⁠

Popular comparisons

  • GDLCAvsEZPZA

    Grayscale CoinDesk Crypto 5 ETF · Franklin Crypto Index ETF

    Expense ratio
    0.59% · 0.19%
    Category
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  • TKNZCvsEZPZA

    T. Rowe Price Active Crypto ETF · Franklin Crypto Index ETF

    Expense ratio
    0.90% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GDLCAvsNCIQA

    Grayscale CoinDesk Crypto 5 ETF · Hashdex Nasdaq Crypto Index US ETF

    Expense ratio
    0.59% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TKNZCvsNCIQA

    T. Rowe Price Active Crypto ETF · Hashdex Nasdaq Crypto Index US ETF

    Expense ratio
    0.90% · 0.25%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • GDLCAvsBITWB

    Grayscale CoinDesk Crypto 5 ETF · Bitwise 10 Crypto Index ETF

    Expense ratio
    0.59% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TKNZCvsBITWB

    T. Rowe Price Active Crypto ETF · Bitwise 10 Crypto Index ETF

    Expense ratio
    0.90% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.