GAVA vs. GSOL

Last updated Apr 14, 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 0.85 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: -1.16%
• 1M: -3.51%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSOL

• 1D: -1.42%
• 1M: -5.00%
• YTD: -31.10%
• 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	-1.87%
GSOL Grayscale Solana Staking ETF	-2.64%

Correlation

The correlation between GAVA and GSOL is 0.85, 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 Mar 13, 2026	0.85

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.

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

Sharpe Ratios by Period

	GAVA	GSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.35	-0.99	+0.64

Drawdowns

GAVA vs. GSOL - Drawdown Comparison

The maximum GAVA drawdown since its inception was -15.35%, smaller than the maximum GSOL drawdown of -58.63%. 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	-15.35%	-58.63%	+43.28%
Current Drawdown Current decline from peak	-8.35%	-54.33%	+45.98%
Average Drawdown Average peak-to-trough decline	-8.86%	-38.79%	+29.93%

Volatility

Volatility by Period

	GAVA	GSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	60.01%	82.40%	-22.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.01%	82.40%	-22.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.01%	82.40%	-22.39%

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