FSOL vs. ARKD

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Solana Fund (FSOL) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD).

FSOL and ARKD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSOL is an actively managed fund by Fidelity. It was launched on Nov 17, 2025. ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023.

Performance

FSOL vs. ARKD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Solana Fund (FSOL) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). The values are adjusted to include any dividend payments, if applicable.

FSOL vs. ARKD - Yearly Performance Comparison

	2026 (YTD)
FSOL Fidelity Solana Fund	-36.36%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-9.22%

Returns By Period

FSOL

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

ARKD

• 1D: 2.93%
• 1M: -3.93%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSOL vs. ARKD - Expense Ratio Comparison

FSOL has a 0.25% expense ratio, which is lower than ARKD's 0.90% expense ratio.

ARKD

ARK 21Shares Digital Asset and Blockchain Strategy ETF

FSOL

Fidelity Solana Fund

Return for Risk

FSOL vs. ARKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Solana Fund (FSOL) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). 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

	FSOL	ARKD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.95	-1.61	+0.65

Correlation

The correlation between FSOL and ARKD is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FSOL vs. ARKD - Dividend Comparison

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

	TTM
FSOL Fidelity Solana Fund	0.66%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%

Drawdowns

FSOL vs. ARKD - Drawdown Comparison

The maximum FSOL drawdown since its inception was -47.76%, which is greater than ARKD's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for FSOL and ARKD.

Drawdown Indicators

	FSOL	ARKD	Difference
Max Drawdown Largest peak-to-trough decline	-47.76%	-14.03%	-33.73%
Current Drawdown Current decline from peak	-43.57%	-11.51%	-32.06%
Average Drawdown Average peak-to-trough decline	-23.21%	-6.67%	-16.54%

Volatility

Volatility by Period

	FSOL	ARKD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	80.99%	20.95%	+60.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.99%	20.95%	+60.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.99%	20.95%	+60.04%