FSOL vs. SOL-USD

Last updated Aug 4, 2026

FSOL (Fidelity Solana Fund) is Cryptocurrency fund actively managed by Fidelity, while SOL-USD (Solana) is a cryptocurrency. Their 0.67 correlation means they have sometimes moved together and sometimes differently.

Performance

FSOL vs. SOL-USD - Performance Comparison

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

Returns By Period

In the year-to-date period, FSOL achieves a -39.06% return, which is significantly higher than SOL-USD's -41.33% return.

FSOL

• 1D: 1.27%
• 1M: -8.19%
• 6M: -27.48%
• YTD: -39.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOL-USD

• 1D: -0.72%
• 1M: -10.66%
• 6M: -30.11%
• YTD: -41.33%
• 1Y: -54.94%
• 3Y*: 47.46%
• 5Y*: 15.32%
• 10Y*: —
• ALL TIME*: 103.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSOL Fidelity Solana Fund	$1.62M	$1.65M	$2.75M
SOL-USD Solana	$103.49B	$126.34B	$219.48B

FSOL vs. SOL-USD - Yearly Performance Comparison

	2026 (YTD)	2025
FSOL Fidelity Solana Fund	-39.06%	-10.66%
SOL-USD Solana	-41.33%	-4.87%

Correlation

The correlation between FSOL and SOL-USD is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.67

Return for Risk

FSOL vs. SOL-USD — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

SOL-USD

SOL-USD Risk / Return Rank: 58
SOL-USD Sharpe Ratio Rank: 48
SOL-USD Sortino Ratio Rank: 53
SOL-USD Omega Ratio Rank: 56
SOL-USD Calmar Ratio Rank: 66
SOL-USD Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSOL vs. SOL-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Solana Fund (FSOL) and Solana (SOL-USD). 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	SOL-USD	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.78	—
Sortino ratio: Return per unit of downside risk	—	-1.09	—
Omega ratio: Gain probability vs. loss probability	—	0.90	—
Calmar ratio: Return relative to maximum drawdown	—	-0.73	—
Martin ratio: Return relative to average drawdown	—	-1.03	—

Drawdowns

FSOL vs. SOL-USD - Drawdown Comparison

The maximum FSOL drawdown since its inception was -56.33%, smaller than the maximum SOL-USD drawdown of -96.27%. Use the drawdown chart below to compare losses from any high point for FSOL and SOL-USD.

Drawdown Indicators

	FSOL	SOL-USD	Difference
Max Drawdown Largest peak-to-trough decline	-56.33%	-96.27%	+39.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-74.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-76.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-96.27%	—
Current Drawdown Current decline from peak	-48.90%	-72.13%	+23.23%
Average Drawdown Average peak-to-trough decline	-33.75%	-51.86%	+18.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	38.53%	—

Volatility

Volatility by Period

	FSOL	SOL-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	44.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.38%	58.25%	+12.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.38%	80.66%	-10.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.38%	98.89%	-28.51%

Frequently Asked Questions

Can I hold both FSOL and SOL-USD in my portfolio?

FSOL and SOL-USD have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.