GAVA vs. GSOL

Last updated Jun 23, 2026

GAVA (Grayscale Avalanche Staking ETF) and GSOL (Grayscale Solana Staking ETF) are both Cryptocurrency funds from Grayscale. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

GAVA vs. GSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Avalanche Staking ETF (GAVA) and Grayscale Solana Staking ETF (GSOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GAVA

• 1D: -1.38%
• 1M: -32.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSOL

• 1D: 4.80%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GAVA vs. GSOL - Yearly Performance Comparison

	2026 (YTD)
GAVA Grayscale Avalanche Staking ETF	-31.82%
GSOL Grayscale Solana Staking ETF	-9.60%

Correlation

The correlation between GAVA and GSOL is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.82

Return for Risk

GAVA vs. GSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Avalanche Staking ETF (GAVA) and Grayscale Solana Staking ETF (GSOL). 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

GAVA vs. GSOL - Drawdown Comparison

The maximum GAVA drawdown since its inception was -38.90%, which is greater than GSOL's maximum drawdown of -22.60%. Use the drawdown chart below to compare losses from any high point for GAVA and GSOL.

Drawdown Indicators

	GAVA	GSOL	Difference
Max Drawdown Largest peak-to-trough decline	-38.90%	-22.60%	-16.30%
Current Drawdown Current decline from peak	-38.90%	-11.22%	-27.68%
Average Drawdown Average peak-to-trough decline	-13.24%	-12.71%	-0.53%

Volatility

Volatility by Period

	GAVA	GSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	54.46%	83.98%	-29.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.46%	83.98%	-29.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.46%	83.98%	-29.52%

GAVA vs. GSOL - Expense Ratio Comparison

Both GAVA and GSOL have an expense ratio of 0.35%.

Dividends

GAVA vs. GSOL - Dividend Comparison

Neither GAVA nor GSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GAVA and GSOL in my portfolio?

GAVA and GSOL have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GAVA or GSOL?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GAVA or GSOL?

GAVA and GSOL have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, GAVA or GSOL?

GAVA and GSOL have nearly identical dividend yields, around 0.00%.