FSOL vs. FUTY

Last updated Jun 4, 2026

FSOL (Fidelity Solana Fund) and FUTY (Fidelity MSCI Utilities Index ETF) are both exchange-traded funds - FSOL is a Cryptocurrency fund actively managed by Fidelity, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. FSOL is actively managed, while FUTY is passively managed. At a 0.15 correlation, their price movements are largely independent. FSOL charges 0.25%/yr vs 0.08%/yr for FUTY.

Performance

FSOL vs. FUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Solana Fund (FSOL) and Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSOL achieves a -41.01% return, which is significantly lower than FUTY's 3.16% return.

FSOL

• 1D: -4.73%
• 1M: -14.55%
• YTD: -41.01%
• 6M: -48.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTY

• 1D: -0.60%
• 1M: -5.43%
• YTD: 3.16%
• 6M: 1.20%
• 1Y: 9.52%
• 3Y*: 13.62%
• 5Y*: 9.13%
• 10Y*: 9.03%

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

FSOL vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025
FSOL Fidelity Solana Fund	-41.01%	-11.84%
FUTY Fidelity MSCI Utilities Index ETF	3.16%	-3.49%

Correlation

The correlation between FSOL and FUTY is 0.15, 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 19, 2025	0.15

Return for Risk

FSOL vs. FUTY — Risk / Return Rank

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

FUTY

FUTY Risk / Return Rank: 20
FUTY Sharpe Ratio Rank: 20
FUTY Sortino Ratio Rank: 18
FUTY Omega Ratio Rank: 19
FUTY Calmar Ratio Rank: 23
FUTY Martin Ratio Rank: 20

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. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Solana Fund (FSOL) and Fidelity MSCI Utilities Index ETF (FUTY). 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	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.67	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.55	-1.54

Drawdowns

FSOL vs. FUTY - Drawdown Comparison

The maximum FSOL drawdown since its inception was -50.54%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FSOL and FUTY.

Drawdown Indicators

	FSOL	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-50.54%	-36.44%	-14.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-50.54%	-7.28%	-43.26%
Average Drawdown Average peak-to-trough decline	-29.21%	-6.03%	-23.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.97%	—

Volatility

Volatility by Period

	FSOL	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.65%	14.33%	+57.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.65%	17.08%	+54.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.65%	19.05%	+52.60%

FSOL vs. FUTY - Expense Ratio Comparison

FSOL has a 0.25% expense ratio, which is higher than FUTY's 0.08% 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. FUTY - Dividend Comparison

FSOL's dividend yield for the trailing twelve months is around 2.03%, less than FUTY's 2.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSOL Fidelity Solana Fund	2.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FUTY Fidelity MSCI Utilities Index ETF	2.61%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%

Frequently Asked Questions

Can I hold both FSOL and FUTY in my portfolio?

FSOL and FUTY have a correlation of 0.15, 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 FUTY?

On fees, FUTY is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FSOL or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.25% for FSOL.

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

FUTY has the higher dividend yield at 2.61%, compared with 2.03% for FSOL.

What is the main difference between FSOL and FUTY?

FSOL is categorized as Cryptocurrency, while FUTY is Utilities Equities. Their fees differ too: 0.25% for FSOL and 0.08% for FUTY.