FSOL vs. SOEZ

Last updated Jun 24, 2026

FSOL (Fidelity Solana Fund) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. FSOL charges 0.25%/yr vs 0.19%/yr for SOEZ.

Performance

FSOL vs. SOEZ - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with FSOL having a -43.66% return and SOEZ slightly higher at -43.08%.

FSOL

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

SOEZ

• 1D: -5.25%
• 1M: -18.15%
• YTD: -43.08%
• 6M: -43.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSOL vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
FSOL Fidelity Solana Fund	-43.66%	-10.27%
SOEZ Franklin Solana ETF	-43.08%	-11.69%

Correlation

The correlation between FSOL and SOEZ is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	1.00

Return for Risk

FSOL vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Solana Fund (FSOL) and Franklin Solana ETF (SOEZ). 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.

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

Drawdowns

FSOL vs. SOEZ - Drawdown Comparison

The maximum FSOL drawdown since its inception was -56.33%, roughly equal to the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for FSOL and SOEZ.

Drawdown Indicators

	FSOL	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-56.33%	-56.14%	-0.19%
Current Drawdown Current decline from peak	-52.76%	-52.17%	-0.59%
Average Drawdown Average peak-to-trough decline	-31.07%	-32.60%	+1.53%

Volatility

Volatility by Period

	FSOL	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.21%	70.83%	+2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.21%	70.83%	+2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.21%	70.83%	+2.38%

FSOL vs. SOEZ - Expense Ratio Comparison

FSOL has a 0.25% expense ratio, which is higher than SOEZ's 0.19% 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. SOEZ - Dividend Comparison

FSOL's dividend yield for the trailing twelve months is around 2.13%, more than SOEZ's 0.96% yield.

Position	TTM
FSOL Fidelity Solana Fund	2.13%
SOEZ Franklin Solana ETF	0.96%

Frequently Asked Questions

Can I hold both FSOL and SOEZ in my portfolio?

With a correlation of 1.00, FSOL and SOEZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, FSOL or SOEZ?

On fees, SOEZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FSOL or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.25% for FSOL.

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

FSOL has the higher dividend yield at 2.13%, compared with 0.96% for SOEZ.

What is the main difference between FSOL and SOEZ?

They also come from different issuers: Fidelity and Franklin. Their fees differ too: 0.25% for FSOL and 0.19% for SOEZ.