21Shares Solana ETF (TSOL) 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 TSOL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSOL
TSOL charges 0.21% annually. There are 12 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 368.03M | Apr 2026 | TSOL vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.51B | Jul 2024 | TSOL vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.60B | Jul 2024 | TSOL vs BTC | |
| Franklin Solana ETF | 0.19% | 8.80M | Dec 2025 | TSOL vs SOEZ | |
| Franklin Ethereum ETF | 0.19% | 32.26M | Jul 2024 | TSOL vs EZET |
Best Risk-Adjusted Alternatives to TSOL
Among 74 ETFs in the Cryptocurrency category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 96 | — | Oct 2017 | TSOL vs ZCSH | |
| CoinShares Bitcoin Miners ETF | 51 | 395.17M | Feb 2022 | TSOL vs WGMI | |
| ProShares Short Bitcoin ETF | 47 | 115.79M | Jun 2022 | TSOL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 41 | 158.01M | Apr 2024 | TSOL vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 36 | — | Jul 2024 | TSOL vs BTCZ |
Top Performing TSOL Alternatives (YTD)
TSOL is at -36.57% YTD. There are 68 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 45.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares UltraShort Ether ETF | 45.31% | 51.90M | Jun 2024 | TSOL vs ETHD | |
| CoinShares Bitcoin Miners ETF | 45.02% | 395.17M | Feb 2022 | TSOL vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 36.65% | 158.01M | Apr 2024 | TSOL vs SBIT | |
| ProShares Short Ether Strategy ETF | 35.77% | 17.31M | Nov 2023 | TSOL vs SETH | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 32.07% | — | Jul 2024 | TSOL vs BTCZ |
Lowest Volatility Alternatives to TSOL
TSOL has 72.99% 1-year volatility. There are 98 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 2.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 2.01% | — | Oct 2025 | TSOL vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.74% | — | Oct 2025 | TSOL vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.73% | — | Oct 2025 | TSOL vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.99% | — | Oct 2025 | TSOL vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 12.00% | 7.63M | Sep 2025 | TSOL vs BFOC |
Lowest Drawdown Alternatives to TSOL
Among 74 ETFs in the Cryptocurrency category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 22.57M | Aug 2022 | TSOL vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.45M | Jun 2025 | TSOL vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 112.35M | Dec 2024 | TSOL vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 115.79M | Jun 2022 | TSOL vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.45% | 1.48M | Mar 2024 | TSOL vs BTRN |
Other ETFs from 21Shares
The 10 most viewed 21Shares ETFs shown here include TTOP, TXXD, TOXR and span 3 categories. AUM among these funds goes as high as $124M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 21Shares FTSE Crypto 10 Index ETF | Cryptocurrency | — | -29.59% | — | Nov 2025 | TSOL vs TTOP | |
| 21Shares 2x Long Dogecoin ETF | Leveraged Cryptocurrency, Cryptocurrency, Blockchain | — | -73.78% | 2.76M | Nov 2025 | TSOL vs TXXD | |
| 21Shares XRP ETF | Cryptocurrency, Blockchain | — | -39.77% | 124.21M | Dec 2025 | TSOL vs TOXR | |
| 21Shares Canton Network ETF | Blockchain | — | — | 5.54M | May 2026 | TSOL vs TCAN | |
| 21Shares Polkadot ETF | Cryptocurrency | — | — | 7.43M | Mar 2026 | TSOL vs TDOT | |
| 21Shares Hyperliquid ETF | Cryptocurrency | — | — | 72.91M | — | TSOL vs THYP | |
| 21Shares Ethereum ETF | Cryptocurrency | 5 | -39.53% | 14.21M | — | TSOL vs TETH | |
| 21Shares 2x Long Sui ETF | Leveraged Cryptocurrency, Blockchain | — | -85.27% | 2.13M | Dec 2025 | TSOL vs TXXS | |
| 21Shares FTSE Crypto 10 ex-BTC Index ETF | Cryptocurrency | — | -37.05% | 768.39K | — | TSOL vs TXBC | |
| 21Shares Active Crypto ETF | Cryptocurrency | — | — | 213.62K | — | TSOL vs TKNS |
Often Compared With TSOL
Investors most often compare TSOL with SUIS, TDOG, TSUI. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare TSOL with Any Fund or Stock
Compare TSOL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSOL with funds that move differently
21Shares Solana ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSOL.
Explore TSOL Diversifiers