GSOL vs. BFJL

Last updated Jul 17, 2026

GSOL (Grayscale Solana Staking ETF) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - GSOL is a Cryptocurrency fund actively managed by Grayscale, while BFJL is a Defined Outcome fund managed by First Trust. At a 0.48 correlation, their price movements are largely independent. GSOL charges 0.35%/yr vs 0.90%/yr for BFJL.

Performance

GSOL vs. BFJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Solana Staking ETF (GSOL) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSOL

• 1D: -1.72%
• 1M: 3.25%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFJL

• 1D: -0.40%
• 1M: 3.41%
• 6M: -7.73%
• YTD: -4.47%
• 1Y: -15.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSOL vs. BFJL - Yearly Performance Comparison

	2026 (YTD)
GSOL Grayscale Solana Staking ETF	-5.46%
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	3.44%

Correlation

The correlation between GSOL and BFJL is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.48

Return for Risk

GSOL vs. BFJL — Risk / Return Rank

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

GSOL

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

BFJL

BFJL Risk / Return Rank: 2
BFJL Sharpe Ratio Rank: 0
BFJL Sortino Ratio Rank: 1
BFJL Omega Ratio Rank: 1
BFJL Calmar Ratio Rank: 3
BFJL Martin Ratio Rank: 4

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.

GSOL vs. BFJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Solana Staking ETF (GSOL) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). 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.

	GSOL	BFJL	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.21	—
Sortino ratio: Return per unit of downside risk	—	-1.63	—
Omega ratio: Gain probability vs. loss probability	—	0.80	—
Calmar ratio: Return relative to maximum drawdown	—	-0.74	—
Martin ratio: Return relative to average drawdown	—	-1.03	—

Drawdowns

GSOL vs. BFJL - Drawdown Comparison

The maximum GSOL drawdown since its inception was -22.60%, which is greater than BFJL's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for GSOL and BFJL.

Drawdown Indicators

	GSOL	BFJL	Difference
Max Drawdown Largest peak-to-trough decline	-22.60%	-21.27%	-1.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.27%	—
Current Drawdown Current decline from peak	-7.61%	-18.46%	+10.85%
Average Drawdown Average peak-to-trough decline	-10.29%	-12.67%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.27%	—

Volatility

Volatility by Period

	GSOL	BFJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.86%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	74.86%	13.16%	+61.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.86%	13.27%	+61.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.86%	13.27%	+61.59%

GSOL vs. BFJL - Expense Ratio Comparison

GSOL has a 0.35% expense ratio, which is lower than BFJL's 0.90% expense ratio.

Dividends

GSOL vs. BFJL - Dividend Comparison

GSOL has not paid dividends to shareholders, while BFJL's dividend yield for the trailing twelve months is around 1.41%.

Position	TTM	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.41%	1.35%
GSOL Grayscale Solana Staking ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSOL and BFJL in my portfolio?

GSOL and BFJL have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSOL or BFJL?

On fees, GSOL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSOL or BFJL?

GSOL is cheaper with a 0.35% expense ratio, compared with 0.90% for BFJL.

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

BFJL has the higher dividend yield at 1.41%, compared with 0.00% for GSOL.

What is the main difference between GSOL and BFJL?

GSOL is categorized as Cryptocurrency, while BFJL is Defined Outcome. They also come from different issuers: Grayscale and First Trust. Their fees differ too: 0.35% for GSOL and 0.90% for BFJL.