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HYPG vs TSUI

Grayscale Hyperliquid Staking ETF

HYPGANasdaq

21Shares Sui ETF

TSUIBNasdaq

Overlap

0.0%by weight

Expense ratio

HYPG −0.01pt a year

HYPG0.29%TSUI0.30%

Avg volume · 30D

HYPG 4.6×the volume

HYPG97.3KTSUI21K

HYPG vs TSUI Performance

Jul 31, 2026 – Nov 2, 2026

+59.1%HYPG+28.6%TSUI

Jul 31, 2026 to Nov 2, 2026. HYPG +59.1%. TSUI +28.6%. Use the arrow keys to read each point.0%40%80%Jul 2026Sep 2026Nov 2026
Expense ratio
HYPG 0.29%, better
TSUI 0.30%
Fund size
HYPG $190M
TSUI $25M
Holdings
HYPG 1
TSUI 1
Avg volume (30D)
HYPG 97.3K sh, better
TSUI 21K sh
NAV per share
HYPG $29.39
TSUI $17.44
52W range

ETF.net Grade

HYPG: Cost 96, Risk 68, Mission not scored, Tradability 72, Holdings not scored, Durability 61. TSUI: Cost 86, Risk 66, Mission not scored, Tradability 42, Holdings 45, Durability 38.
Pillar letters and Scores for HYPG, TSUI, with each pillar’s weight
PillarHYPGTSUI
Cost30% weightA96HigherA86
Mission25% weightNot scoredNot scored
Risk15% weightB68HigherB66
Tradability15% weightA72HigherC42
Holdings10% weightNot scoredC45
Durability5% weightB61HigherD38

Rank among Crypto Spot funds

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

Same Category. HYPG and TSUI are both graded against the same 25 Crypto Spot funds, so their Grades compare head to head.

Crypto Spot⁠

Category · 25 funds
See all 25 ›

HYPG ranks 2nd and TSUI 8th of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 81
  3. Rank 3ATHYP21Shares Hyperliquid ETFScore 77
  4. Rank 8BBHYPBitwise Hyperliquid ETFScore 67
  5. Rank 8BTSUI21Shares Sui ETFScore 67
  6. Rank 10BBAVABitwise Avalanche ETFScore 62

Our read on each fund

ETF.net Research

HYPGAGrayscale Hyperliquid Staking ETF

TSUIB21Shares Sui ETF

In short

HYPG No data

TSUI Spot Sui in a normal brokerage account, priced at the low end of single-token crypto trusts. The wrinkle: staking rewards can be switched on and passed through, once the Sponsor judges the legal path is clear.

Stated mandate

HYPG No data

TSUI The Trust seeks to track SUI's benchmark-measured performance after expenses and liabilities, while reflecting staking rewards when the Sponsor determines staking can be undertaken without undue legal or regulatory risk.

Why people hold it

HYPG No data

  • TSUI At 0.30%, it prices below the typical spot-crypto trust (0.35% median) and well under the priciest Sui rival, SUIS at 0.75%.
  • Staking is written into the mandate, not bolted on: rewards are reflected when the Sponsor determines staking can be done without undue legal or regulatory risk.21shares.com
  • Plain passive plumbing: hold SUI, track its benchmark-measured performance after expenses and liabilities. Nobody is picking tokens on your behalf.
  • On cost and structure it stands among the stronger builds in its spot-crypto peer group.

Worth knowing

HYPG No data

  • TSUI One token, one driver. SUI's price sets the whole ride, with no other holdings to cushion it.
  • A 2026 launch with a small asset base and light trading, which can show up as wider bid-ask spreads.
  • Staking hinges on the Sponsor's legal read, so reward pass-through is conditional rather than a standing feature.21shares.com

Full HYPG profile⁠

Full TSUI profile⁠

HYPG vs TSUI Holdings

How HYPG and TSUI differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of HYPG and 0.0% of TSUI.

Level by level

  • Holdings0 in both0.0%
  • Asset classAlternatives100%

Sector

No Sector split for HYPG and TSUI.

Country, concentration and asset class

Country by domicile

No country split for HYPG and TSUI.

Concentration

Weight in the 10 largest Holdings

  • HYPG100.0%
  • TSUI100.0%

Securities held

  • HYPG1
  • TSUI1

Asset class

HYPG
Alternatives
TSUI
Alternatives

Holdings

  • Only in HYPG1
  • In both0
  • Only in TSUI1

Only in HYPG

1 security, 100% of HYPG by weight

  • Hyperliquid100.00%

Only in TSUI

1 security, 100% of TSUI by weight

  • Sui100.00%

Weight gaps

HYPG and TSUI share no securities.

All HYPG holdings⁠All TSUI 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.

HYPG vs TSUI Cost

Overpaying TSUI vs HYPG

$197

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

  • HYPG 0.29%

    $5,952

  • TSUI 0.30%

    $6,149

$10,000
30 years

Cost over time

  • HYPG 0.29%
  • TSUI 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530TSUI $6,149HYPG $5,952

Year by year

YearHYPGTSUIOverpaying
10$527$545$18
20$2,044$2,113$69
30$5,952$6,149$197

Expense ratio

  • 0.29%HYPG, cheaper
  • 0.30%TSUI
  • Middle half of Crypto Spot funds
  • Median 0.35%

HYPG 2nd cheapest of 25 funds

TSUI 3rd cheapest of 25 funds

HYPG vs TSUI Dividends

Last 12 months to Nov 2, 2026
Last payment
HYPG $0.04
TSUI $0.05
Ex-dividend
HYPG Oct 5, 2026
TSUI Sep 29, 2026
Paid on
HYPG Oct 6, 2026
TSUI Sep 30, 2026
Frequency
HYPG Monthly
TSUI Quarterly

Distribution history

Per share, 2026, same scale for both

HYPGMonthly · 3 paymentsAll HYPG payments⁠
One bar per payment. 3 payments in 2026 YTD. Aug 4, 2026 $0.03; Sep 3, 2026 $0.03; Oct 5, 2026 $0.04. Use the arrow keys to read each point.$0$0.052026YTD
TSUIQuarterly · 3 paymentsAll TSUI payments⁠
One bar per payment. 3 payments in 2026 YTD. May 14, 2026 $0.05; Jun 29, 2026 $0.02; Sep 29, 2026 $0.05. Use the arrow keys to read each point.$0$0.052026YTD

HYPG vs TSUI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
HYPG 3.80TSUI 0.83

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