BTCW vs. SOEZ
BTCW (Wisdom Tree Bitcoin Fund) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Their correlation of 0.91 suggests significant overlap in exposure. BTCW charges 0.30%/yr vs 0.19%/yr for SOEZ.
Performance
BTCW vs. SOEZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTCW achieves a -32.48% return, which is significantly higher than SOEZ's -45.38% return.
BTCW
- 1D
- -1.04%
- 1M
- -22.03%
- YTD
- -32.48%
- 6M
- -32.25%
- 1Y
- -45.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOEZ
- 1D
- 0.35%
- 1M
- -20.64%
- YTD
- -45.38%
- 6M
- -44.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTCW vs. SOEZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BTCW Wisdom Tree Bitcoin Fund | -32.48% | -3.94% |
SOEZ Franklin Solana ETF | -45.38% | -11.69% |
Correlation
The correlation between BTCW and SOEZ is 0.91, 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 Dec 3, 2025 | 0.91 |
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
BTCW vs. SOEZ — Risk / Return Rank
BTCW
SOEZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BTCW vs. SOEZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wisdom Tree Bitcoin Fund (BTCW) 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.
| BTCW | SOEZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.83 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | — | — |
| Martin ratioReturn relative to average drawdown | -1.47 | — | — |
Loading charts...
Drawdowns
BTCW vs. SOEZ - Drawdown Comparison
The maximum BTCW drawdown since its inception was -52.93%, smaller than the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for BTCW and SOEZ.
Loading charts...
Drawdown Indicators
| BTCW | SOEZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.93% | -56.14% | +3.21% |
Max Drawdown (1Y)Largest decline over 1 year | -52.93% | — | — |
Current DrawdownCurrent decline from peak | -52.93% | -54.10% | +1.17% |
Average DrawdownAverage peak-to-trough decline | -16.91% | -32.91% | +16.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.90% | — | — |
Volatility
BTCW vs. SOEZ - Volatility Comparison
Loading charts...
Volatility by Period
| BTCW | SOEZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.34% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 44.19% | 70.53% | -26.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.08% | 70.53% | -20.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.08% | 70.53% | -20.45% |
BTCW vs. SOEZ - Expense Ratio Comparison
BTCW has a 0.30% expense ratio, which is higher than SOEZ's 0.19% expense ratio.
Dividends
BTCW vs. SOEZ - Dividend Comparison
BTCW has not paid dividends to shareholders, while SOEZ's dividend yield for the trailing twelve months is around 1.00%.
| Position | TTM |
|---|---|
BTCW Wisdom Tree Bitcoin Fund | 0.00% |
SOEZ Franklin Solana ETF | 1.00% |
Frequently Asked Questions
With a correlation of 0.91, BTCW 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.
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.
SOEZ is cheaper with a 0.19% expense ratio, compared with 0.30% for BTCW.
SOEZ has the higher dividend yield at 1.00%, compared with 0.00% for BTCW.
They also come from different issuers: WisdomTree and Franklin. Their fees differ too: 0.30% for BTCW and 0.19% for SOEZ.
Find the right allocation for BTCW and SOEZ
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