SOLA.TO Alternatives & Similar ETFs

Evolve Solana ETF (SOLA.TO) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SOLA.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SOLA.TO

Among 13 ETFs in the Cryptocurrency category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.40%.

Symbol	Name	Expense Ratio	AUM	Inception
FBTC.TO	Fidelity Advantage Bitcoin ETF	0.40%	1.20B	Nov 2021	SOLA.TO vs FBTC.TO
CCCX-B.TO	CI Galaxy Core Multi-Crypto ETF (CAD)	0.50%	—	Aug 2025	SOLA.TO vs CCCX-B.TO
CCCX.TO	CI Galaxy Core Multi-Crypto ETF	0.50%	—	Aug 2025	SOLA.TO vs CCCX.TO
ETHX.TO	CI Galaxy Ethereum ETF CAD Hedged Series	0.68%	—	Aug 2025	SOLA.TO vs ETHX.TO
LBIT.TO	Evolve Levered Bitcoin ETF	0.75%	—	Mar 2025	SOLA.TO vs LBIT.TO

Best Risk-Adjusted Alternatives to SOLA.TO

SOLA.TO has a PortfoliosLab risk / return rank of 4. There are 7 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 5.

Symbol	Name	Risk / Return Rank	AUM	Inception
ETHX-B.TO	CI Galaxy Ethereum ETF	5	329.50M	Aug 2025	SOLA.TO vs ETHX-B.TO
ETHX-U.TO	CI Galaxy Ethereum ETF (US$ Series)	5	40.79M	Aug 2025	SOLA.TO vs ETHX-U.TO
ETHR.TO	Evolve Ether ETF CAD Unhedged Units	5	44.83M	Apr 2021	SOLA.TO vs ETHR.TO
ETHY-U.TO	Purpose Ether Yield ETF USD Non-Currency Hedged Un...	5	—	Dec 2021	SOLA.TO vs ETHY-U.TO
ETHH.TO	Purpose Ether ETF	5	—	Oct 2021	SOLA.TO vs ETHH.TO

Top Performing SOLA.TO Alternatives (YTD)

SOLA.TO is at -37.77% YTD. There are 19 ETFs in the Cryptocurrency category with higher YTD returns, going as high as -24.22%.

Symbol	Name	YTD Return	AUM	Inception
FBTC.TO	Fidelity Advantage Bitcoin ETF	-24.22%	1.20B	Nov 2021	SOLA.TO vs FBTC.TO
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	-24.39%	714.72M	Mar 2021	SOLA.TO vs BTCX-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	-24.45%	—	Feb 2021	SOLA.TO vs BTCC-B.TO
EBIT.TO	Evolve Bitcoin ETF CAD	-24.72%	—	Feb 2021	SOLA.TO vs EBIT.TO
BTCC-U.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	-25.98%	—	Feb 2021	SOLA.TO vs BTCC-U.TO

Lowest Volatility Alternatives to SOLA.TO

SOLA.TO has 74.24% 1-year volatility. There are 21 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 43.18%.

Symbol	Name	Volatility 1Y	AUM	Inception
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	43.18%	—	Feb 2021	SOLA.TO vs BTCC-B.TO
EBIT.TO	Evolve Bitcoin ETF CAD	43.73%	—	Feb 2021	SOLA.TO vs EBIT.TO
FBTC.TO	Fidelity Advantage Bitcoin ETF	43.74%	1.20B	Nov 2021	SOLA.TO vs FBTC.TO
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	43.75%	714.72M	Mar 2021	SOLA.TO vs BTCX-B.TO
BTCC.TO	Purpose Bitcoin CAD ETF Currency Hedged Units	44.30%	1.70B	Feb 2021	SOLA.TO vs BTCC.TO

Lowest Drawdown Alternatives to SOLA.TO

SOLA.TO has a 1-year max drawdown of -74.77%. There are 18 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -52.71%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FBTC.TO	Fidelity Advantage Bitcoin ETF	-52.71%	1.20B	Nov 2021	SOLA.TO vs FBTC.TO
BTCX-B.TO	CI Galaxy Bitcoin ETF C$ Unhedged Series Units	-52.71%	714.72M	Mar 2021	SOLA.TO vs BTCX-B.TO
BTCC-B.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	-52.89%	—	Feb 2021	SOLA.TO vs BTCC-B.TO
EBIT.TO	Evolve Bitcoin ETF CAD	-53.08%	—	Feb 2021	SOLA.TO vs EBIT.TO
BTCC-U.TO	Purpose Bitcoin ETF Non-Currency Hedged Units	-53.49%	—	Feb 2021	SOLA.TO vs BTCC-U.TO

Other ETFs from Evolve

The 10 most viewed Evolve ETFs shown here include BANK.TO, UTES.TO, QQQT.TO and span 6 categories. AUM among these funds goes as high as $1B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BANK.TO	Evolve Canadian Banks and Lifecos Enhanced Yield I...	Derivative Income	98	34.25%	1.26B	Feb 2022	SOLA.TO vs BANK.TO
UTES.TO	Evolve Canadian Utilities Enhanced Yield Index Fun...	Derivative Income	77	13.10%	431.22M	Sep 2024	SOLA.TO vs UTES.TO
QQQT.TO	Evolve NASDAQ Technology Index Fund CAD Hedged	Nasdaq-100, Technology Equities	67	26.34%	175.95M	Jul 2023	SOLA.TO vs QQQT.TO
QQQY.TO	Evolve NASDAQ Technology Enhanced Yield Index Fund	Nasdaq-100, Derivative Income	58	16.30%	135.03M	Oct 2025	SOLA.TO vs QQQY.TO
CANY.TO	Evolve Canadian Equity UltraYield ETF	Derivative Income, Canada Equities	—	14.33%	—	Sep 2025	SOLA.TO vs CANY.TO
BIGY.TO	Evolve US Equity UltraYield ETF	Derivative Income	—	-12.62%	—	Sep 2025	SOLA.TO vs BIGY.TO
EBNK.TO	Evolve European Banks Enhanced Yield ETF Hedged CA...	Financials Equities, Derivative Income	67	14.59%	147.56M	Jan 2022	SOLA.TO vs EBNK.TO
SIXY.TO	Evolve Big Six Canadian Banks UltraYield Index ETF	Financials Equities	—	34.57%	—	Dec 2025	SOLA.TO vs SIXY.TO
OILY.TO	Evolve Canadian Energy Enhanced Yield Index Fund E...	Energy Equities	73	30.77%	—	Mar 2025	SOLA.TO vs OILY.TO
TECH.TO	Evolve FANGMA Index ETF Hedged CAD	Technology Equities	18	1.30%	151.35M	May 2021	SOLA.TO vs TECH.TO

Compare SOLA.TO with Any Fund or Stock

Compare SOLA.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Pair SOLA.TO with funds that move differently

Evolve Solana ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOLA.TO.

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Evolve Solana ETF (SOLA.TO) Alternatives