ARKD vs. GSOL

Last updated Apr 2, 2026

Compare and contrast key facts about ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and Grayscale Solana Staking ETF (GSOL).

ARKD and GSOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023. GSOL is an actively managed fund by Grayscale. It was launched on Nov 18, 2021.

Performance

ARKD vs. GSOL - 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 Grayscale Solana Staking ETF (GSOL). The values are adjusted to include any dividend payments, if applicable.

ARKD vs. GSOL - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-8.11%
GSOL Grayscale Solana Staking ETF	-36.34%

Returns By Period

ARKD

• 1D: 1.22%
• 1M: -3.67%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSOL

• 1D: 0.16%
• 1M: 1.49%
• YTD: -32.64%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKD vs. GSOL - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than GSOL's 0.35% expense ratio.

ARKD

ARK 21Shares Digital Asset and Blockchain Strategy ETF

GSOL

Grayscale Solana Staking ETF

Return for Risk

ARKD vs. GSOL - 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 Grayscale Solana Staking ETF (GSOL). 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.

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

Sharpe Ratios by Period

	ARKD	GSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.42	-1.00	-0.42

Correlation

The correlation between ARKD and GSOL is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ARKD vs. GSOL - Dividend Comparison

Neither ARKD nor GSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ARKD vs. GSOL - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum GSOL drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for ARKD and GSOL.

Drawdown Indicators

	ARKD	GSOL	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-58.63%	+44.60%
Current Drawdown Current decline from peak	-10.43%	-55.35%	+44.92%
Average Drawdown Average peak-to-trough decline	-6.73%	-37.53%	+30.80%

Volatility

Volatility by Period

	ARKD	GSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.96%	84.62%	-63.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.96%	84.62%	-63.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	84.62%	-63.66%