2x Solana ETF (SOLT) belongs to the Blockchain category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SOLT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SOLT
SOLT charges 1.85% annually. There are 44 ETFs in the Blockchain category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin XRP ETF | 0.19% | — | Nov 2025 | SOLT vs XRPZ | |
| 21Shares Solana ETF | 0.21% | 3.05M | Nov 2025 | SOLT vs TSOL | |
| Invesco Galaxy Solana ETF | 0.25% | — | Dec 2025 | SOLT vs QSOL | |
| Schwab Crypto Thematic ETF | 0.30% | 224.98M | Aug 2022 | SOLT vs STCE | |
| 21Shares XRP ETF | 0.30% | 124.21M | Dec 2025 | SOLT vs TOXR |
Best Risk-Adjusted Alternatives to SOLT
SOLT has a PortfoliosLab risk / return rank of 3. There are 19 ETFs in the Blockchain category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 89 | 83.37M | Sep 2024 | SOLT vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | 86 | 20.86M | Sep 2024 | SOLT vs DECO | |
| First Trust Indxx Innovative Transaction & Process... | 75 | 131.06M | Jan 2018 | SOLT vs LEGR | |
| CoinShares Bitcoin Miners ETF | 62 | 240.40M | Feb 2022 | SOLT vs WGMI | |
| Grayscale Bitcoin Miners ETF | 28 | 12.09M | Jan 2025 | SOLT vs MNRS |
Top Performing SOLT Alternatives (YTD)
SOLT is at -74.81% YTD. There are 41 ETFs in the Blockchain category with higher YTD returns, going as high as 68.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Digital Asset Ecosystem ETF | 68.95% | 20.86M | Sep 2024 | SOLT vs DECO | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 68.55% | 83.37M | Sep 2024 | SOLT vs HECO | |
| Tradr 2X Long CORZ Daily ETF | 59.02% | — | Nov 2025 | SOLT vs COZX | |
| CoinShares Bitcoin Miners ETF | 43.06% | 240.40M | Feb 2022 | SOLT vs WGMI | |
| Grayscale Bitcoin Miners ETF | 21.32% | 12.09M | Jan 2025 | SOLT vs MNRS |
Lowest Volatility Alternatives to SOLT
SOLT has 145.31% 1-year volatility. There are 41 ETFs in the Blockchain category with lower 1-year volatility, going as low as 14.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | 14.77% | 131.06M | Jan 2018 | SOLT vs LEGR | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 17.37% | — | Feb 2025 | SOLT vs CBXJ | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 26.61% | — | Feb 2025 | SOLT vs CBTJ | |
| Innovator Uncapped Bitcoin 20 Floor ETF - Quarterl... | 27.24% | — | Feb 2025 | SOLT vs QBF | |
| Fortuna Hedged Bitcoin ETF | 27.98% | — | Mar 2025 | SOLT vs HBTC |
Lowest Drawdown Alternatives to SOLT
SOLT has a 1-year max drawdown of -96.28%. There are 24 ETFs in the Blockchain category with shallower 1-year drawdowns, going as shallow as -10.40%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | -10.40% | 131.06M | Jan 2018 | SOLT vs LEGR | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | -21.03% | 83.37M | Sep 2024 | SOLT vs HECO | |
| State Street Galaxy Digital Asset Ecosystem ETF | -25.60% | 20.86M | Sep 2024 | SOLT vs DECO | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | -30.16% | — | Feb 2025 | SOLT vs CBXJ | |
| VanEck Onchain Economy ETF | -35.35% | — | May 2025 | SOLT vs NODE |
Other ETFs from Volatility Shares
The 8 most viewed Volatility Shares ETFs shown here include BITX, UVIX, SVIX and span 4 categories. AUM among these funds goes as high as $906M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 2x Bitcoin Strategy ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -56.44% | 906.19M | Jun 2023 | SOLT vs BITX | |
| 2x Long VIX Futures ETF | Volatility | 1 | -52.21% | 268.36M | Mar 2022 | SOLT vs UVIX | |
| -1x Short VIX Futures ETF | Volatility, Inverse Equities | 37 | 0.58% | 195.06M | Mar 2022 | SOLT vs SVIX | |
| Volatility Shares 2x Ether ETF | Leveraged Cryptocurrency, Cryptocurrency | 3 | -71.31% | 740.23M | Jun 2024 | SOLT vs ETHU | |
| Volatility Premium Plus ETF | Volatility | 37 | 5.04% | 14.02M | Apr 2023 | SOLT vs ZVOL | |
| Solana ETF | Cryptocurrency | 3 | -41.22% | 92.03M | Mar 2025 | SOLT vs SOLZ | |
| Volatility Shares 2x XRP ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -76.84% | — | May 2025 | SOLT vs XRPT | |
| Volatility Shares XRP ETF | Cryptocurrency | 1 | -43.35% | 92.72M | May 2025 | SOLT vs XRPI |
Often Compared With SOLT
Investors most often compare SOLT with OBTC, BLCN, BBSB. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare SOLT with Any Fund or Stock
Compare SOLT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SOLT with funds that move differently
2x Solana ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SOLT.
Explore SOLT Diversifiers