CEF vs. FSOL

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Physical Gold and Silver Trust (CEF) and Fidelity Solana Fund (FSOL).

CEF is an actively managed fund by Sprott. It was launched on Jan 16, 2018. FSOL is an actively managed fund by Fidelity. It was launched on Nov 17, 2025.

Performance

CEF vs. FSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Physical Gold and Silver Trust (CEF) and Fidelity Solana Fund (FSOL). The values are adjusted to include any dividend payments, if applicable.

CEF vs. FSOL - Yearly Performance Comparison

	2026 (YTD)	2025
CEF Sprott Physical Gold and Silver Trust	4.19%	17.77%
FSOL Fidelity Solana Fund	-32.70%	-11.84%

Returns By Period

In the year-to-date period, CEF achieves a 4.19% return, which is significantly higher than FSOL's -32.70% return.

CEF

• 1D: 5.58%
• 1M: -15.38%
• YTD: 4.19%
• 6M: 30.06%
• 1Y: 67.97%
• 3Y*: 36.15%
• 5Y*: 21.95%
• 10Y*: 15.03%

FSOL

• 1D: 0.52%
• 1M: 1.67%
• YTD: -32.70%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CEF vs. FSOL - Expense Ratio Comparison

CEF has a 0.48% expense ratio, which is higher than FSOL's 0.25% expense ratio.

CEF

Sprott Physical Gold and Silver Trust

FSOL

Fidelity Solana Fund

Return for Risk

CEF vs. FSOL — Risk / Return Rank

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

CEF

CEF Risk / Return Rank: 87
CEF Sharpe Ratio Rank: 90
CEF Sortino Ratio Rank: 83
CEF Omega Ratio Rank: 84
CEF Calmar Ratio Rank: 91
CEF Martin Ratio Rank: 89

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.

CEF vs. FSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Gold and Silver Trust (CEF) and Fidelity Solana Fund (FSOL). 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.

	CEF	FSOL	Difference
Sharpe ratio Return per unit of total volatility	1.83	—	—
Sortino ratio Return per unit of downside risk	2.12	—	—
Omega ratio Gain probability vs. loss probability	1.34	—	—
Calmar ratio Return relative to maximum drawdown	2.61	—	—
Martin ratio Return relative to average drawdown	9.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CEF	FSOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	-0.95	+1.18

Correlation

The correlation between CEF and FSOL is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CEF vs. FSOL - Dividend Comparison

CEF has not paid dividends to shareholders, while FSOL's dividend yield for the trailing twelve months is around 0.66%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEF Sprott Physical Gold and Silver Trust	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.07%	0.09%	0.10%
FSOL Fidelity Solana Fund	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CEF vs. FSOL - Drawdown Comparison

The maximum CEF drawdown since its inception was -62.29%, which is greater than FSOL's maximum drawdown of -47.76%. Use the drawdown chart below to compare losses from any high point for CEF and FSOL.

Drawdown Indicators

	CEF	FSOL	Difference
Max Drawdown Largest peak-to-trough decline	-62.29%	-47.76%	-14.53%
Max Drawdown (1Y) Largest decline over 1 year	-26.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.10%	—	—
Current Drawdown Current decline from peak	-19.41%	-43.57%	+24.16%
Average Drawdown Average peak-to-trough decline	-27.38%	-23.21%	-4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.23%	—	—

Volatility

Volatility by Period

	CEF	FSOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.36%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.38%	80.99%	-43.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.78%	80.99%	-57.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	80.99%	-59.41%