BSOL vs. BITW

Last updated Jun 24, 2026

BSOL (Bitwise Solana Staking ETF) and BITW (Bitwise 10 Crypto Index ETF) are both Cryptocurrency funds from Bitwise - BSOL tracks the Solana (SOL) spot price while BITW tracks the Bitwise 10 Large Cap Crypto Index. Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. BSOL charges 0.20%/yr vs 0.75%/yr for BITW.

Performance

BSOL vs. BITW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Solana Staking ETF (BSOL) and Bitwise 10 Crypto Index ETF (BITW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSOL achieves a -43.17% return, which is significantly lower than BITW's -32.35% return.

BSOL

• 1D: -5.48%
• 1M: -18.32%
• YTD: -43.17%
• 6M: -43.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BITW

• 1D: -3.24%
• 1M: -17.92%
• YTD: -32.35%
• 6M: -32.63%
• 1Y: -35.22%
• 3Y*: 52.08%
• 5Y*: 1.78%
• 10Y*: —

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

BSOL vs. BITW - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL Bitwise Solana Staking ETF	-43.17%	-38.11%
BITW Bitwise 10 Crypto Index ETF	-32.35%	-25.43%

Correlation

The correlation between BSOL and BITW is 0.92, 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 28, 2025	0.92

Return for Risk

BSOL vs. BITW — Risk / Return Rank

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

BSOL

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

BITW

BITW Risk / Return Rank: 4
BITW Sharpe Ratio Rank: 3
BITW Sortino Ratio Rank: 4
BITW Omega Ratio Rank: 4
BITW Calmar Ratio Rank: 4
BITW Martin Ratio Rank: 4

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 vs. BITW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) and Bitwise 10 Crypto Index ETF (BITW). 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.

	BSOL	BITW	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.71	—
Sortino ratio: Return per unit of downside risk	—	-0.86	—
Omega ratio: Gain probability vs. loss probability	—	0.90	—
Calmar ratio: Return relative to maximum drawdown	—	-0.64	—
Martin ratio: Return relative to average drawdown	—	-1.08	—

Drawdowns

BSOL vs. BITW - Drawdown Comparison

The maximum BSOL drawdown since its inception was -67.62%, smaller than the maximum BITW drawdown of -96.46%. Use the drawdown chart below to compare losses from any high point for BSOL and BITW.

Drawdown Indicators

	BSOL	BITW	Difference
Max Drawdown Largest peak-to-trough decline	-67.62%	-96.46%	+28.84%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.51%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-55.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-91.93%	—
Current Drawdown Current decline from peak	-64.83%	-71.40%	+6.57%
Average Drawdown Average peak-to-trough decline	-46.95%	-69.56%	+22.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	32.56%	—

Volatility

Volatility by Period

	BSOL	BITW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	76.29%	49.87%	+26.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.29%	65.59%	+10.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.29%	108.35%	-32.06%

BSOL vs. BITW - Expense Ratio Comparison

BSOL has a 0.20% expense ratio, which is lower than BITW's 0.75% expense ratio.

Dividends

BSOL vs. BITW - Dividend Comparison

Neither BSOL nor BITW has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BSOL and BITW in my portfolio?

With a correlation of 0.92, BSOL and BITW 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, BSOL or BITW?

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 BITW?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.75% for BITW.

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

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

What is the main difference between BSOL and BITW?

BSOL tracks Solana (SOL) spot price, while BITW tracks Bitwise 10 Large Cap Crypto Index. Their fees differ too: 0.20% for BSOL and 0.75% for BITW.