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GDLC vs VAVX

Grayscale CoinDesk Crypto 5 ETF

GDLCANYSE Arca

VanEck Avalanche ETF

VAVXBNasdaq

Overlap

Expense ratio

VAVX −0.39pt a year

GDLC0.59%VAVX0.20%

Avg volume · 30D

GDLC 4.4×the volume

GDLC35.8KVAVX8.07K

GDLC vs VAVX Performance

Jul 31, 2026 – Oct 30, 2026

+20.9%GDLC+32.1%VAVX

Jul 31, 2026 to Oct 30, 2026. GDLC +20.9%. VAVX +32.1%. Use the arrow keys to read each point.0%60%80%Jul 2026Sep 2026Oct 2026
Expense ratio
GDLC 0.59%
VAVX 0.20%, better
Fund size
GDLC $390M
VAVX $17M
1Y total return
GDLC −34.9%
VAVX No data
Holdings
GDLC 5
VAVX 1
Avg volume (30D)
GDLC 35.8K sh, better
VAVX 8.07K sh
NAV per share
GDLC $34.58
VAVX $17.38
52W range

ETF.net Grade

GDLC: Cost 58, Risk 35, Mission 100, Tradability 83, Holdings not scored, Durability 75. VAVX: Cost 90, Risk 37, Mission 58, Tradability 51, Holdings 50, Durability 53.
Pillar letters and Scores for GDLC, VAVX, with each pillar’s weight
PillarGDLCVAVX
Cost30% weightB58A90Higher
Mission25% weightA100HigherB58
Risk15% weightD35D37Higher
Tradability15% weightA83HigherC51
Holdings10% weightNot scoredC50
Durability5% weightA75HigherC53

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 VAVX 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 VAVX 5th 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 4BBITWBitwise 10 Crypto Index ETFScore 63
  5. Rank 5BVAVXVanEck Avalanche ETFScore 62
  6. Rank 6CTKNZT. Rowe Price Active Crypto ETFScore 53

Our read on each fund

ETF.net Research

GDLCAGrayscale CoinDesk Crypto 5 ETF

VAVXBVanEck Avalanche 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.

VAVX 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.

VAVX 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.

VAVX 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.

VAVX No data

Full GDLC profile⁠

Full VAVX profile⁠

GDLC vs VAVX 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 VAVX Cost

Overpaying GDLC vs VAVX

$7,480

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

  • GDLC 0.59%

    $11,635

  • VAVX 0.20%

    $4,155

$10,000
30 years

Cost over time

  • GDLC 0.59%
  • VAVX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530GDLC $11,635VAVX $4,155

Year by year

YearGDLCVAVXOverpaying
10$1,058$365$693
20$4,051$1,421$2,630
30$11,635$4,155$7,480

Expense ratio

  • 0.59%GDLC
  • 0.20%VAVX, cheaper
  • Middle half of Spot Crypto Basket funds
  • Median 0.67%

VAVX 2nd cheapest of 10 funds

GDLC 5th cheapest of 10 funds

GDLC vs VAVX Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
GDLC None
VAVX No data
Last payment
GDLC No data
VAVX $0.22
Ex-dividend
GDLC No data
VAVX Oct 6, 2026
Paid on
GDLC No data
VAVX Oct 7, 2026
Frequency
GDLC No data
VAVX Quarterly

Distribution history

Per share, 2026, same scale for both

GDLCAll GDLC payments⁠

No distribution history available.

VAVXQuarterly · 2 paymentsAll VAVX payments⁠
One bar per payment. 2 payments in 2026 YTD. Jul 7, 2026 $0.17; Oct 6, 2026 $0.22. Use the arrow keys to read each point.$0$0.252026YTD

GDLC vs VAVX 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%VAVX No data
Return per unit of riskSharpe ratio, 3 years
GDLC 0.73VAVX No data
Worst fallMax drawdown, 5 years
GDLC −89.0%VAVX No data
Market sensitivityBeta, 5 years
GDLC 2.44VAVX 0.93

GDLC and VAVX in the news

All news⁠

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