BSOL vs. ETHD
BSOL (Bitwise Solana Staking ETF) and ETHD (ProShares UltraShort Ether ETF) are both Cryptocurrency funds. BSOL is passively managed, while ETHD is actively managed. At a correlation of -0.90, they often move in opposite directions. BSOL charges 0.20%/yr vs 1.01%/yr for ETHD.
Performance
BSOL vs. ETHD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSOL achieves a -40.79% return, which is significantly lower than ETHD's 68.24% return.
BSOL
- 1D
- -4.71%
- 1M
- -14.67%
- YTD
- -40.79%
- 6M
- -47.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ETHD
- 1D
- 2.71%
- 1M
- 73.12%
- YTD
- 68.24%
- 6M
- 77.63%
- 1Y
- -40.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSOL vs. ETHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BSOL Bitwise Solana Staking ETF | -40.79% | -35.81% |
ETHD ProShares UltraShort Ether ETF | 68.24% | 38.87% |
Correlation
The correlation between BSOL and ETHD is -0.90, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 29, 2025 | -0.90 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BSOL vs. ETHD — Risk / Return Rank
BSOL
ETHD
BSOL vs. ETHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) and ProShares UltraShort Ether ETF (ETHD). 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.
Loading charts...
Sharpe Ratios by Period
| BSOL | ETHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.07 | -0.34 | -0.73 |
Drawdowns
BSOL vs. ETHD - Drawdown Comparison
The maximum BSOL drawdown since its inception was -62.00%, smaller than the maximum ETHD drawdown of -95.59%. Use the drawdown chart below to compare losses from any high point for BSOL and ETHD.
Loading charts...
Drawdown Indicators
| BSOL | ETHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.00% | -95.59% | +33.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -83.63% | — |
Current DrawdownCurrent decline from peak | -62.00% | -86.85% | +24.85% |
Average DrawdownAverage peak-to-trough decline | -43.66% | -66.06% | +22.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 66.08% | — |
Volatility
BSOL vs. ETHD - Volatility Comparison
Loading charts...
Volatility by Period
| BSOL | ETHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 18.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 90.60% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 75.26% | 136.04% | -60.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.26% | 142.06% | -66.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.26% | 142.06% | -66.80% |
BSOL vs. ETHD - Expense Ratio Comparison
BSOL has a 0.20% expense ratio, which is lower than ETHD's 1.01% expense ratio.
Dividends
BSOL vs. ETHD - Dividend Comparison
BSOL has not paid dividends to shareholders, while ETHD's dividend yield for the trailing twelve months is around 10.40%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BSOL Bitwise Solana Staking ETF | 0.00% | 0.00% | 0.00% |
ETHD ProShares UltraShort Ether ETF | 10.40% | 156.62% | 19.15% |
Frequently Asked Questions
BSOL and ETHD have a correlation of -0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BSOL is cheaper with a 0.20% expense ratio, compared with 1.01% for ETHD.
ETHD has the higher dividend yield at 10.40%, compared with 0.00% for BSOL.
They also come from different issuers: Bitwise and ProShares. Their fees differ too: 0.20% for BSOL and 1.01% for ETHD.
Find the right allocation for BSOL and ETHD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer