GSOL vs. BTC
GSOL (Grayscale Solana Staking ETF) and BTC (Grayscale Bitcoin Mini Trust ETF) are both Cryptocurrency funds from Grayscale. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. GSOL charges 0.35%/yr vs 0.15%/yr for BTC.
Performance
GSOL vs. BTC - Performance Comparison
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Returns By Period
GSOL
- 1D
- -4.06%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTC
- 1D
- -3.96%
- 1M
- -21.06%
- YTD
- -31.66%
- 6M
- -31.44%
- 1Y
- -43.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSOL vs. BTC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
GSOL Grayscale Solana Staking ETF | -17.88% |
BTC Grayscale Bitcoin Mini Trust ETF | -20.10% |
Correlation
The correlation between GSOL and BTC is 0.91, 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 | 0.91 |
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Return for Risk
GSOL vs. BTC — Risk / Return Rank
GSOL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BTC
GSOL vs. BTC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Solana Staking ETF (GSOL) and Grayscale Bitcoin Mini Trust ETF (BTC). 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 | BTC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.84 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.83 | — |
| Martin ratioReturn relative to average drawdown | — | -1.42 | — |
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Drawdowns
GSOL vs. BTC - Drawdown Comparison
The maximum GSOL drawdown since its inception was -22.60%, smaller than the maximum BTC drawdown of -52.37%. Use the drawdown chart below to compare losses from any high point for GSOL and BTC.
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Drawdown Indicators
| GSOL | BTC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.60% | -52.37% | +29.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -52.37% | — |
Current DrawdownCurrent decline from peak | -19.35% | -52.37% | +33.02% |
Average DrawdownAverage peak-to-trough decline | -13.23% | -17.73% | +4.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 30.70% | — |
Volatility
GSOL vs. BTC - Volatility Comparison
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Volatility by Period
| GSOL | BTC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.21% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 34.53% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 82.02% | 44.39% | +37.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.02% | 48.29% | +33.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.02% | 48.29% | +33.73% |
GSOL vs. BTC - Expense Ratio Comparison
GSOL has a 0.35% expense ratio, which is higher than BTC's 0.15% expense ratio.
Dividends
GSOL vs. BTC - Dividend Comparison
Neither GSOL nor BTC has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, GSOL and BTC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, BTC is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTC is cheaper with a 0.15% expense ratio, compared with 0.35% for GSOL.
GSOL and BTC have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.35% for GSOL and 0.15% for BTC.
Find the right allocation for GSOL and BTC
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