BSOL vs. BFOC

Last updated Jun 4, 2026

BSOL (Bitwise Solana Staking ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - BSOL is a Cryptocurrency fund tracking the Solana (SOL) spot price, while BFOC is a Defined Outcome fund actively managed by First Trust. BSOL is passively managed, while BFOC is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. BSOL charges 0.20%/yr vs 0.90%/yr for BFOC.

Performance

BSOL vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Solana Staking ETF (BSOL) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSOL achieves a -40.79% return, which is significantly lower than BFOC's -7.39% return.

BSOL

• 1D: -4.71%
• 1M: -14.67%
• YTD: -40.79%
• 6M: -47.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSOL vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL Bitwise Solana Staking ETF	-40.79%	-35.81%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-8.37%

Correlation

The correlation between BSOL and BFOC is 0.83, 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 Oct 29, 2025	0.83

Return for Risk

BSOL vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.07	-1.88	+0.80

Drawdowns

BSOL vs. BFOC - Drawdown Comparison

The maximum BSOL drawdown since its inception was -62.00%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for BSOL and BFOC.

Drawdown Indicators

	BSOL	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-62.00%	-18.20%	-43.80%
Current Drawdown Current decline from peak	-62.00%	-18.20%	-43.80%
Average Drawdown Average peak-to-trough decline	-43.66%	-12.52%	-31.14%

Volatility

Volatility by Period

	BSOL	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.26%	12.61%	+62.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.26%	12.61%	+62.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.26%	12.61%	+62.65%

BSOL vs. BFOC - Expense Ratio Comparison

BSOL has a 0.20% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

BSOL vs. BFOC - Dividend Comparison

Neither BSOL nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BSOL and BFOC in my portfolio?

BSOL and BFOC have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSOL or BFOC?

On fees, BSOL is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSOL or BFOC?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, BSOL or BFOC?

BSOL and BFOC have nearly identical dividend yields, around 0.00%.

What is the main difference between BSOL and BFOC?

BSOL is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: Bitwise and First Trust. Their fees differ too: 0.20% for BSOL and 0.90% for BFOC.