BETE vs. SOEZ

Last updated Jun 26, 2026

BETE (Proshares Bitcoin & Ether Equal Weight Strategy ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Their correlation of 0.91 suggests significant overlap in exposure. BETE charges 0.95%/yr vs 0.19%/yr for SOEZ.

Performance

BETE vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and Franklin Solana ETF (SOEZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BETE achieves a -41.67% return, which is significantly higher than SOEZ's -45.38% return.

BETE

• 1D: -1.16%
• 1M: -23.42%
• YTD: -41.67%
• 6M: -41.18%
• 1Y: -41.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: 0.35%
• 1M: -20.64%
• YTD: -45.38%
• 6M: -44.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BETE vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
BETE Proshares Bitcoin & Ether Equal Weight Strategy ETF	-41.67%	-2.41%
SOEZ Franklin Solana ETF	-45.38%	-11.69%

Correlation

The correlation between BETE and SOEZ is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.91

Return for Risk

BETE vs. SOEZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BETE

BETE Risk / Return Rank: 4
BETE Sharpe Ratio Rank: 4
BETE Sortino Ratio Rank: 4
BETE Omega Ratio Rank: 4
BETE Calmar Ratio Rank: 4
BETE Martin Ratio Rank: 4

SOEZ

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BETE vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Proshares Bitcoin & Ether Equal Weight Strategy ETF (BETE) and Franklin Solana ETF (SOEZ). 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.

	BETE	SOEZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	—	—
Sortino ratio: Return per unit of downside risk	-0.94	—	—
Omega ratio: Gain probability vs. loss probability	0.90	—	—
Calmar ratio: Return relative to maximum drawdown	-0.67	—	—
Martin ratio: Return relative to average drawdown	-1.14	—	—

Drawdowns

BETE vs. SOEZ - Drawdown Comparison

The maximum BETE drawdown since its inception was -61.75%, which is greater than SOEZ's maximum drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for BETE and SOEZ.

Drawdown Indicators

	BETE	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-61.75%	-56.14%	-5.61%
Max Drawdown (1Y) Largest decline over 1 year	-61.75%	—	—
Current Drawdown Current decline from peak	-61.75%	-54.10%	-7.65%
Average Drawdown Average peak-to-trough decline	-22.21%	-32.91%	+10.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.38%	—	—

Volatility

Volatility by Period

	BETE	SOEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	55.79%	70.53%	-14.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.57%	70.53%	-13.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.57%	70.53%	-13.96%

BETE vs. SOEZ - Expense Ratio Comparison

BETE has a 0.95% expense ratio, which is higher than SOEZ's 0.19% expense ratio.

Dividends

BETE vs. SOEZ - Dividend Comparison

BETE's dividend yield for the trailing twelve months is around 94.76%, more than SOEZ's 1.00% yield.

Position	TTM	2025	2024	2023
BETE Proshares Bitcoin & Ether Equal Weight Strategy ETF	94.76%	68.22%	15.22%	0.78%
SOEZ Franklin Solana ETF	1.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BETE and SOEZ in my portfolio?

With a correlation of 0.91, BETE and SOEZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BETE or SOEZ?

On fees, SOEZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BETE or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.95% for BETE.

Which ETF pays a higher dividend yield, BETE or SOEZ?

BETE has the higher dividend yield at 94.76%, compared with 1.00% for SOEZ.

What is the main difference between BETE and SOEZ?

They also come from different issuers: ProShares and Franklin. Their fees differ too: 0.95% for BETE and 0.19% for SOEZ.