FSOL vs. FELC

Last updated Jun 24, 2026

FSOL (Fidelity Solana Fund) and FELC (Fidelity Enhanced Large Cap Core ETF) are both exchange-traded funds - FSOL is a Cryptocurrency fund actively managed by Fidelity, while FELC is a Large Cap Blend Equities fund actively managed by Fidelity. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. FSOL charges 0.25%/yr vs 0.18%/yr for FELC.

Performance

FSOL vs. FELC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Solana Fund (FSOL) and Fidelity Enhanced Large Cap Core ETF (FELC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSOL achieves a -43.66% return, which is significantly lower than FELC's 8.65% return.

FSOL

• 1D: -5.83%
• 1M: -18.63%
• YTD: -43.66%
• 6M: -43.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FELC

• 1D: -1.46%
• 1M: -0.92%
• YTD: 8.65%
• 6M: 7.63%
• 1Y: 24.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSOL vs. FELC - Yearly Performance Comparison

	2026 (YTD)	2025
FSOL Fidelity Solana Fund	-43.66%	-10.66%
FELC Fidelity Enhanced Large Cap Core ETF	8.65%	3.12%

Correlation

The correlation between FSOL and FELC is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.44

Return for Risk

FSOL vs. FELC — Risk / Return Rank

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

FSOL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FELC

FELC Risk / Return Rank: 61
FELC Sharpe Ratio Rank: 62
FELC Sortino Ratio Rank: 59
FELC Omega Ratio Rank: 60
FELC Calmar Ratio Rank: 57
FELC Martin Ratio Rank: 69

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.

FSOL vs. FELC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Solana Fund (FSOL) and Fidelity Enhanced Large Cap Core ETF (FELC). 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.

	FSOL	FELC	Difference
Sharpe ratio: Return per unit of total volatility	—	1.97	—
Sortino ratio: Return per unit of downside risk	—	2.67	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	2.73	—
Martin ratio: Return relative to average drawdown	—	12.19	—

Drawdowns

FSOL vs. FELC - Drawdown Comparison

The maximum FSOL drawdown since its inception was -56.33%, which is greater than FELC's maximum drawdown of -18.59%. Use the drawdown chart below to compare losses from any high point for FSOL and FELC.

Drawdown Indicators

	FSOL	FELC	Difference
Max Drawdown Largest peak-to-trough decline	-56.33%	-18.59%	-37.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.09%	—
Current Drawdown Current decline from peak	-52.76%	-2.90%	-49.86%
Average Drawdown Average peak-to-trough decline	-31.07%	-1.91%	-29.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.03%	—

Volatility

Volatility by Period

	FSOL	FELC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.96%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	73.21%	12.62%	+60.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.21%	15.29%	+57.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.21%	15.29%	+57.92%

FSOL vs. FELC - Expense Ratio Comparison

FSOL has a 0.25% expense ratio, which is higher than FELC's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FSOL vs. FELC - Dividend Comparison

FSOL's dividend yield for the trailing twelve months is around 2.13%, more than FELC's 0.86% yield.

Position	TTM	2025	2024	2023
FELC Fidelity Enhanced Large Cap Core ETF	0.86%	0.92%	1.03%	0.04%
FSOL Fidelity Solana Fund	2.13%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSOL and FELC in my portfolio?

FSOL and FELC have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FSOL or FELC?

On fees, FELC is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FSOL or FELC?

FELC is cheaper with a 0.18% expense ratio, compared with 0.25% for FSOL.

Which ETF pays a higher dividend yield, FSOL or FELC?

FSOL has the higher dividend yield at 2.13%, compared with 0.86% for FELC.

What is the main difference between FSOL and FELC?

FSOL is categorized as Cryptocurrency, while FELC is Large Cap Blend Equities. Their fees differ too: 0.25% for FSOL and 0.18% for FELC.