ESK vs. BSOL

Last updated Jun 4, 2026

ESK (REX-Osprey ETH + Staking ETF) and BSOL (Bitwise Solana Staking ETF) are both Cryptocurrency funds. ESK is actively managed, while BSOL is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. ESK charges 0.75%/yr vs 0.20%/yr for BSOL.

Performance

ESK vs. BSOL - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with ESK having a -39.23% return and BSOL slightly lower at -40.79%.

ESK

• 1D: -6.26%
• 1M: -24.17%
• YTD: -39.23%
• 6M: -42.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSOL

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

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

ESK vs. BSOL - Yearly Performance Comparison

	2026 (YTD)	2025
ESK REX-Osprey ETH + Staking ETF	-39.23%	-25.18%
BSOL Bitwise Solana Staking ETF	-40.79%	-35.81%

Correlation

The correlation between ESK and BSOL is 0.90, 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 Oct 29, 2025	0.90

Return for Risk

ESK vs. BSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey ETH + Staking ETF (ESK) and Bitwise Solana Staking ETF (BSOL). 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

	ESK	BSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	-1.07	+0.08

Drawdowns

ESK vs. BSOL - Drawdown Comparison

The maximum ESK drawdown since its inception was -61.14%, roughly equal to the maximum BSOL drawdown of -62.00%. Use the drawdown chart below to compare losses from any high point for ESK and BSOL.

Drawdown Indicators

	ESK	BSOL	Difference
Max Drawdown Largest peak-to-trough decline	-61.14%	-62.00%	+0.86%
Current Drawdown Current decline from peak	-61.14%	-62.00%	+0.86%
Average Drawdown Average peak-to-trough decline	-40.19%	-43.66%	+3.47%

Volatility

Volatility by Period

	ESK	BSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	67.24%	75.26%	-8.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.24%	75.26%	-8.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.24%	75.26%	-8.02%

ESK vs. BSOL - Expense Ratio Comparison

ESK has a 0.75% expense ratio, which is higher than BSOL's 0.20% expense ratio.

Dividends

ESK vs. BSOL - Dividend Comparison

ESK's dividend yield for the trailing twelve months is around 0.97%, while BSOL has not paid dividends to shareholders.

Position	TTM	2025
BSOL Bitwise Solana Staking ETF	0.00%	0.00%
ESK REX-Osprey ETH + Staking ETF	0.97%	0.30%

Frequently Asked Questions

Can I hold both ESK and BSOL in my portfolio?

ESK and BSOL 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.

Which ETF is better, ESK or BSOL?

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, ESK or BSOL?

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

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

ESK has the higher dividend yield at 0.97%, compared with 0.00% for BSOL.

What is the main difference between ESK and BSOL?

They also come from different issuers: REX Shares and Bitwise. Their fees differ too: 0.75% for ESK and 0.20% for BSOL.