BETH vs. SOEZ

Last updated Jun 5, 2026

BETH (ProShares Bitcoin & Ether Market Cap Weight Strategy ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. BETH charges 0.95%/yr vs 0.19%/yr for SOEZ.

Performance

BETH vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) 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, BETH achieves a -30.85% return, which is significantly higher than SOEZ's -43.12% return.

BETH

• 1D: -2.62%
• 1M: -22.99%
• YTD: -30.85%
• 6M: -34.87%
• 1Y: -41.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -3.99%
• 1M: -20.02%
• YTD: -43.12%
• 6M: -49.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BETH vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF	-30.85%	-6.24%
SOEZ Franklin Solana ETF	-43.12%	-11.97%

Correlation

The correlation between BETH and SOEZ is 0.90, 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 4, 2025	0.90

Return for Risk

BETH vs. SOEZ — Risk / Return Rank

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

BETH

BETH Risk / Return Rank: 2
BETH Sharpe Ratio Rank: 2
BETH Sortino Ratio Rank: 2
BETH Omega Ratio Rank: 3
BETH Calmar Ratio Rank: 2
BETH Martin Ratio Rank: 2

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.

BETH vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) 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.

	BETH	SOEZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.88	—	—
Sortino ratio: Return per unit of downside risk	-1.22	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.78	—	—
Martin ratio: Return relative to average drawdown	-1.33	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BETH	SOEZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	-1.10	+1.49

Drawdowns

BETH vs. SOEZ - Drawdown Comparison

The maximum BETH drawdown since its inception was -53.27%, roughly equal to the maximum SOEZ drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for BETH and SOEZ.

Drawdown Indicators

	BETH	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-53.27%	-52.20%	-1.07%
Max Drawdown (1Y) Largest decline over 1 year	-53.27%	—	—
Current Drawdown Current decline from peak	-53.27%	-52.20%	-1.07%
Average Drawdown Average peak-to-trough decline	-17.65%	-30.97%	+13.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.89%	—	—

Volatility

Volatility by Period

	BETH	SOEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.84%	68.82%	-21.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.17%	68.82%	-17.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.17%	68.82%	-17.65%

BETH vs. SOEZ - Expense Ratio Comparison

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

Dividends

BETH vs. SOEZ - Dividend Comparison

BETH's dividend yield for the trailing twelve months is around 59.10%, more than SOEZ's 0.59% yield.

Position	TTM	2025	2024	2023
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF	59.10%	57.68%	19.71%	0.36%
SOEZ Franklin Solana ETF	0.59%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BETH and SOEZ in my portfolio?

With a correlation of 0.90, BETH 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, BETH 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, BETH or SOEZ?

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

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

BETH has the higher dividend yield at 59.10%, compared with 0.59% for SOEZ.

What is the main difference between BETH and SOEZ?

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