GSOL vs. BFOC

Last updated Jun 5, 2026

GSOL (Grayscale Solana Staking ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - GSOL is a Cryptocurrency fund actively managed by Grayscale, while BFOC is a Defined Outcome fund actively managed by First Trust. Both are actively managed. At a correlation of -0.30, they often move in opposite directions. GSOL charges 0.35%/yr vs 0.90%/yr for BFOC.

Performance

GSOL vs. BFOC - 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 - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSOL

• 1D: -4.08%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: 0.00%
• 1M: -3.29%
• YTD: -7.39%
• 6M: -9.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSOL vs. BFOC - Yearly Performance Comparison

	2026 (YTD)
GSOL Grayscale Solana Staking ETF	-15.93%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-0.76%

Correlation

The correlation between GSOL and BFOC is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	-0.30

Return for Risk

GSOL vs. BFOC - 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 - October (BFOC). 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

	GSOL	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-2.47	-1.87	-0.60

Drawdowns

GSOL vs. BFOC - Drawdown Comparison

The maximum GSOL drawdown since its inception was -15.93%, smaller than the maximum BFOC drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for GSOL and BFOC.

Drawdown Indicators

	GSOL	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-15.93%	-18.20%	+2.27%
Current Drawdown Current decline from peak	-15.93%	-18.20%	+2.27%
Average Drawdown Average peak-to-trough decline	-7.61%	-12.55%	+4.94%

Volatility

Volatility by Period

	GSOL	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	45.17%	12.57%	+32.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.17%	12.57%	+32.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.17%	12.57%	+32.60%

GSOL vs. BFOC - Expense Ratio Comparison

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

Dividends

GSOL vs. BFOC - Dividend Comparison

Neither GSOL nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSOL and BFOC in my portfolio?

GSOL and BFOC have a correlation of -0.30, 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 BFOC?

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 BFOC?

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

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

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

What is the main difference between GSOL and BFOC?

GSOL is categorized as Cryptocurrency, while BFOC 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 BFOC.