BSOL.DE vs. SOL-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Bitwise Solana Staking ETP (BSOL.DE) and Solana (SOL-USD).

Performance

BSOL.DE vs. SOL-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Bitwise Solana Staking ETP (BSOL.DE) and Solana (SOL-USD). The values are adjusted to include any dividend payments, if applicable.

BSOL.DE vs. SOL-USD - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL.DE Bitwise Solana Staking ETP	-31.46%	-35.81%
SOL-USD Solana	-33.41%	-36.44%

Different Trading Currencies

BSOL.DE is traded in EUR, while SOL-USD is traded in USD. To make them comparable, the SOL-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, BSOL.DE achieves a -31.46% return, which is significantly higher than SOL-USD's -33.41% return.

BSOL.DE

• 1D: 1.72%
• 1M: -3.85%
• YTD: -31.46%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOL-USD

• 1D: -1.91%
• 1M: -4.80%
• YTD: -33.41%
• 6M: -62.74%
• 1Y: -39.89%
• 3Y*: 53.46%
• 5Y*: 33.17%
• 10Y*: —

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

Return for Risk

BSOL.DE vs. SOL-USD — Risk / Return Rank

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

SOL-USD

SOL-USD Risk / Return Rank: 59
SOL-USD Sharpe Ratio Rank: 59
SOL-USD Sortino Ratio Rank: 63
SOL-USD Omega Ratio Rank: 63
SOL-USD Calmar Ratio Rank: 64
SOL-USD Martin Ratio Rank: 46

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.

BSOL.DE vs. SOL-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETP (BSOL.DE) and Solana (SOL-USD). 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

	BSOL.DE	SOL-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.03	0.88	-1.91

Correlation

The correlation between BSOL.DE and SOL-USD is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

BSOL.DE vs. SOL-USD - Drawdown Comparison

The maximum BSOL.DE drawdown since its inception was -60.00%, smaller than the maximum SOL-USD drawdown of -95.78%. Use the drawdown chart below to compare losses from any high point for BSOL.DE and SOL-USD.

Drawdown Indicators

	BSOL.DE	SOL-USD	Difference
Max Drawdown Largest peak-to-trough decline	-60.00%	-96.27%	+36.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-68.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-96.27%	—
Current Drawdown Current decline from peak	-56.01%	-68.85%	+12.84%
Average Drawdown Average peak-to-trough decline	-39.06%	-50.87%	+11.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	42.73%	—

Volatility

Volatility by Period

	BSOL.DE	SOL-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	54.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	83.86%	62.80%	+21.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.86%	86.16%	-2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.86%	102.24%	-18.38%