BSOL vs. SOLM

Last updated Jun 4, 2026

BSOL (Bitwise Solana Staking ETF) and SOLM (Amplify Solana 3% Monthly Option Income ETF) are both exchange-traded funds - BSOL is a Cryptocurrency fund tracking the Solana (SOL) spot price, while SOLM is a Derivative Income fund actively managed by Amplify. BSOL is passively managed, while SOLM is actively managed. With a 0.99 correlation, they move nearly in lockstep. BSOL charges 0.20%/yr vs 0.75%/yr for SOLM.

Performance

BSOL vs. SOLM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Solana Staking ETF (BSOL) and Amplify Solana 3% Monthly Option Income ETF (SOLM). 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 higher than SOLM's -45.35% return.

BSOL

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

SOLM

• 1D: -5.48%
• 1M: -17.98%
• YTD: -45.35%
• 6M: -51.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSOL vs. SOLM - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL Bitwise Solana Staking ETF	-40.79%	-18.29%
SOLM Amplify Solana 3% Monthly Option Income ETF	-45.35%	-15.50%

Correlation

The correlation between BSOL and SOLM is 0.99 - 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 Nov 5, 2025	0.99

Return for Risk

BSOL vs. SOLM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) and Amplify Solana 3% Monthly Option Income ETF (SOLM). 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	SOLM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.07	-1.14	+0.06

Drawdowns

BSOL vs. SOLM - Drawdown Comparison

The maximum BSOL drawdown since its inception was -62.00%, which is greater than SOLM's maximum drawdown of -57.72%. Use the drawdown chart below to compare losses from any high point for BSOL and SOLM.

Drawdown Indicators

	BSOL	SOLM	Difference
Max Drawdown Largest peak-to-trough decline	-62.00%	-57.72%	-4.28%
Current Drawdown Current decline from peak	-62.00%	-57.72%	-4.28%
Average Drawdown Average peak-to-trough decline	-43.66%	-35.34%	-8.32%

Volatility

Volatility by Period

	BSOL	SOLM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.26%	65.43%	+9.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.26%	65.43%	+9.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.26%	65.43%	+9.83%

BSOL vs. SOLM - Expense Ratio Comparison

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

Dividends

BSOL vs. SOLM - Dividend Comparison

BSOL has not paid dividends to shareholders, while SOLM's dividend yield for the trailing twelve months is around 35.68%.

Position	TTM	2025
BSOL Bitwise Solana Staking ETF	0.00%	0.00%
SOLM Amplify Solana 3% Monthly Option Income ETF	35.68%	6.44%

Frequently Asked Questions

Can I hold both BSOL and SOLM in my portfolio?

With a correlation of 0.99, BSOL and SOLM 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 SOLM?

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 SOLM?

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

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

SOLM has the higher dividend yield at 35.68%, compared with 0.00% for BSOL.

What is the main difference between BSOL and SOLM?

BSOL is categorized as Cryptocurrency, while SOLM is Derivative Income. They also come from different issuers: Bitwise and Amplify. Their fees differ too: 0.20% for BSOL and 0.75% for SOLM.