FSOL vs. SOEZ

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Solana Fund (FSOL) and Franklin Solana ETF (SOEZ).

FSOL and SOEZ 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. SOEZ is an actively managed fund by Franklin. It was launched on Dec 3, 2025.

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.

FSOL vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
FSOL Fidelity Solana Fund	-31.66%	-12.06%
SOEZ Franklin Solana ETF	-31.67%	-11.97%

Returns By Period

The year-to-date returns for both stocks are quite close, with FSOL having a -31.66% return and SOEZ slightly lower at -31.67%.

FSOL

• 1D: 1.54%
• 1M: -3.79%
• YTD: -31.66%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: 1.61%
• 1M: -3.90%
• YTD: -31.67%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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%.

FSOL

Fidelity Solana Fund

SOEZ

Franklin Solana ETF

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.

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

Sharpe Ratios by Period

	FSOL	SOEZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.94	-1.03	+0.08

Correlation

The correlation between FSOL and SOEZ is 1.00, 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. SOEZ - Dividend Comparison

FSOL's dividend yield for the trailing twelve months is around 0.65%, more than SOEZ's 0.09% yield.

	TTM
FSOL Fidelity Solana Fund	0.65%
SOEZ Franklin Solana ETF	0.09%

Drawdowns

FSOL vs. SOEZ - Drawdown Comparison

The maximum FSOL drawdown since its inception was -47.76%, roughly equal to the maximum SOEZ drawdown of -47.78%. 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	-47.76%	-47.78%	+0.02%
Current Drawdown Current decline from peak	-42.70%	-42.58%	-0.12%
Average Drawdown Average peak-to-trough decline	-23.43%	-25.30%	+1.87%

Volatility

Volatility by Period

	FSOL	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	80.61%	77.92%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.61%	77.92%	+2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.61%	77.92%	+2.69%