BSOL vs. SOEZ

Last updated Jun 24, 2026

BSOL (Bitwise Solana Staking ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. BSOL is passively managed, while SOEZ is actively managed. With a 1.00 correlation, they move nearly in lockstep. BSOL charges 0.20%/yr vs 0.19%/yr for SOEZ.

Performance

BSOL vs. SOEZ - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with BSOL having a -43.17% return and SOEZ slightly higher at -43.08%.

BSOL

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

SOEZ

• 1D: -5.25%
• 1M: -18.15%
• YTD: -43.08%
• 6M: -43.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSOL vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL Bitwise Solana Staking ETF	-43.17%	-9.99%
SOEZ Franklin Solana ETF	-43.08%	-11.69%

Correlation

The correlation between BSOL and SOEZ is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	1.00

Return for Risk

BSOL vs. SOEZ - Risk-Adjusted Trends Comparison

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

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.

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

Drawdowns

BSOL vs. SOEZ - Drawdown Comparison

The maximum BSOL drawdown since its inception was -67.62%, which is greater than SOEZ's maximum drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for BSOL and SOEZ.

Drawdown Indicators

	BSOL	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-67.62%	-56.14%	-11.48%
Current Drawdown Current decline from peak	-64.83%	-52.17%	-12.66%
Average Drawdown Average peak-to-trough decline	-46.95%	-32.60%	-14.35%

Volatility

Volatility by Period

	BSOL	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	76.29%	70.83%	+5.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.29%	70.83%	+5.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.29%	70.83%	+5.46%

BSOL vs. SOEZ - Expense Ratio Comparison

BSOL has a 0.20% expense ratio, which is higher than SOEZ's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BSOL vs. SOEZ - Dividend Comparison

BSOL has not paid dividends to shareholders, while SOEZ's dividend yield for the trailing twelve months is around 0.96%.

Position	TTM
BSOL Bitwise Solana Staking ETF	0.00%
SOEZ Franklin Solana ETF	0.96%

Frequently Asked Questions

Can I hold both BSOL and SOEZ in my portfolio?

With a correlation of 1.00, BSOL 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, BSOL 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, BSOL or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.20% for BSOL.

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

SOEZ has the higher dividend yield at 0.96%, compared with 0.00% for BSOL.

What is the main difference between BSOL and SOEZ?

They also come from different issuers: Bitwise and Franklin. Their fees differ too: 0.20% for BSOL and 0.19% for SOEZ.