ARKD vs. FSOL

Last updated Jul 12, 2026

ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) and FSOL (Fidelity Solana Fund) are both Cryptocurrency funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. ARKD charges 0.90%/yr vs 0.25%/yr for FSOL.

Performance

ARKD vs. FSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and Fidelity Solana Fund (FSOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARKD

• 1D: -0.72%
• 1M: 3.05%
• 6M: -1.50%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSOL

• 1D: -0.22%
• 1M: 16.50%
• 6M: -41.49%
• YTD: -35.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKD vs. FSOL - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.21%
FSOL Fidelity Solana Fund	-35.99%

Correlation

The correlation between ARKD and FSOL is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 2, 2026	0.58

Return for Risk

ARKD vs. FSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and Fidelity Solana Fund (FSOL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ARKD vs. FSOL - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum FSOL drawdown of -56.33%. Use the drawdown chart below to compare losses from any high point for ARKD and FSOL.

Drawdown Indicators

	ARKD	FSOL	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-56.33%	+42.30%
Current Drawdown Current decline from peak	-3.08%	-46.33%	+43.25%
Average Drawdown Average peak-to-trough decline	-5.76%	-32.33%	+26.57%

Volatility

Volatility by Period

	ARKD	FSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.15%	72.99%	-52.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.15%	72.99%	-52.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.15%	72.99%	-52.84%

ARKD vs. FSOL - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than FSOL's 0.25% expense ratio.

Dividends

ARKD vs. FSOL - Dividend Comparison

ARKD has not paid dividends to shareholders, while FSOL's dividend yield for the trailing twelve months is around 1.87%.

Position	TTM
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%
FSOL Fidelity Solana Fund	1.87%

Frequently Asked Questions

Can I hold both ARKD and FSOL in my portfolio?

ARKD and FSOL have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKD or FSOL?

On fees, FSOL is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKD or FSOL?

FSOL is cheaper with a 0.25% expense ratio, compared with 0.90% for ARKD.

Which ETF pays a higher dividend yield, ARKD or FSOL?

FSOL has the higher dividend yield at 1.87%, compared with 0.00% for ARKD.

What is the main difference between ARKD and FSOL?

They also come from different issuers: ARK and Fidelity. Their fees differ too: 0.90% for ARKD and 0.25% for FSOL.