FSOL vs. VCMDX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Solana Fund (FSOL) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX).

FSOL is an actively managed fund by Fidelity. It was launched on Nov 17, 2025. VCMDX is managed by Vanguard. It was launched on Jun 25, 2019.

Performance

FSOL vs. VCMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Solana Fund (FSOL) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). The values are adjusted to include any dividend payments, if applicable.

FSOL vs. VCMDX - Yearly Performance Comparison

	2026 (YTD)	2025
FSOL Fidelity Solana Fund	-32.70%	-11.84%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	18.30%	1.48%

Returns By Period

In the year-to-date period, FSOL achieves a -32.70% return, which is significantly lower than VCMDX's 18.30% return.

FSOL

• 1D: 0.52%
• 1M: 1.67%
• YTD: -32.70%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VCMDX

• 1D: 0.39%
• 1M: 6.43%
• YTD: 18.30%
• 6M: 24.60%
• 1Y: 26.59%
• 3Y*: 12.12%
• 5Y*: 14.20%
• 10Y*: —

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

FSOL vs. VCMDX - Expense Ratio Comparison

FSOL has a 0.25% expense ratio, which is higher than VCMDX's 0.20% 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

VCMDX

Vanguard Commodity Strategy Fund Admiral Shares

Return for Risk

FSOL vs. VCMDX — Risk / Return Rank

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

VCMDX

VCMDX Risk / Return Rank: 88
VCMDX Sharpe Ratio Rank: 88
VCMDX Sortino Ratio Rank: 86
VCMDX Omega Ratio Rank: 83
VCMDX Calmar Ratio Rank: 94
VCMDX Martin Ratio Rank: 88

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. VCMDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Solana Fund (FSOL) and Vanguard Commodity Strategy Fund Admiral Shares (VCMDX). 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	VCMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.95	0.83	-1.79

Correlation

The correlation between FSOL and VCMDX is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

FSOL vs. VCMDX - Dividend Comparison

FSOL's dividend yield for the trailing twelve months is around 0.66%, less than VCMDX's 12.86% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
FSOL Fidelity Solana Fund	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	12.86%	15.21%	2.19%	2.50%	14.21%	30.56%	0.50%	0.60%

Drawdowns

FSOL vs. VCMDX - Drawdown Comparison

The maximum FSOL drawdown since its inception was -47.76%, which is greater than VCMDX's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for FSOL and VCMDX.

Drawdown Indicators

	FSOL	VCMDX	Difference
Max Drawdown Largest peak-to-trough decline	-47.76%	-26.67%	-21.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.45%	—
Current Drawdown Current decline from peak	-43.57%	-1.31%	-42.26%
Average Drawdown Average peak-to-trough decline	-23.21%	-11.10%	-12.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.93%	—

Volatility

Volatility by Period

	FSOL	VCMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	80.99%	15.62%	+65.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.99%	15.81%	+65.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.99%	15.40%	+65.59%