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GSOL vs. BTCZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GSOL vs. BTCZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Solana Staking ETF (GSOL) and T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


GSOL

1D
-4.43%
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

BTCZ

1D
5.28%
1M
46.26%
YTD
32.54%
6M
46.67%
1Y
55.67%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

GSOL vs. BTCZ - Yearly Performance Comparison


Correlation

The correlation between GSOL and BTCZ is -1.00, 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

-1.00

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Return for Risk

GSOL vs. BTCZ — Risk / Return Rank

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

GSOL

BTCZ
BTCZ Risk / Return Rank: 2323
Overall Rank
BTCZ Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
BTCZ Sortino Ratio Rank: 2626
Sortino Ratio Rank
BTCZ Omega Ratio Rank: 2525
Omega Ratio Rank
BTCZ Calmar Ratio Rank: 2525
Calmar Ratio Rank
BTCZ Martin Ratio Rank: 1919
Martin Ratio Rank
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. BTCZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Solana Staking ETF (GSOL) and T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ). 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.

GSOL vs. BTCZ - Sharpe Ratio Comparison


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Sharpe Ratios by Period


GSOLBTCZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.64

Sharpe Ratio (All Time)

Calculated using the full available price history

-2.23

-0.57

-1.67

Drawdowns

GSOL vs. BTCZ - Drawdown Comparison

The maximum GSOL drawdown since its inception was -12.36%, smaller than the maximum BTCZ drawdown of -91.06%. Use the drawdown chart below to compare losses from any high point for GSOL and BTCZ.


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Drawdown Indicators


GSOLBTCZDifference

Max Drawdown

Largest peak-to-trough decline

-12.36%

-91.06%

+78.70%

Max Drawdown (1Y)

Largest decline over 1 year

-49.02%

Current Drawdown

Current decline from peak

-12.36%

-78.63%

+66.27%

Average Drawdown

Average peak-to-trough decline

-5.53%

-73.72%

+68.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

25.74%

Volatility

GSOL vs. BTCZ - Volatility Comparison


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Volatility by Period


GSOLBTCZDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.94%

Volatility (6M)

Calculated over the trailing 6-month period

68.50%

Volatility (1Y)

Calculated over the trailing 1-year period

51.66%

87.46%

-35.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

51.66%

97.12%

-45.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

51.66%

97.12%

-45.46%

GSOL vs. BTCZ - Expense Ratio Comparison

GSOL has a 0.35% expense ratio, which is lower than BTCZ's 0.95% expense ratio.


Dividends

GSOL vs. BTCZ - Dividend Comparison

GSOL has not paid dividends to shareholders, while BTCZ's dividend yield for the trailing twelve months is around 0.01%.


PositionTTM20252024
BTCZ
T-Rex 2X Inverse Bitcoin Daily Target ETF
0.01%0.02%0.08%
GSOL
Grayscale Solana Staking ETF
0.00%0.00%0.00%

Frequently Asked Questions


GSOL and BTCZ have a correlation of -1.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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.

GSOL is cheaper with a 0.35% expense ratio, compared with 0.95% for BTCZ.

BTCZ has the higher dividend yield at 0.01%, compared with 0.00% for GSOL.

They also come from different issuers: Grayscale and T-Rex. Their fees differ too: 0.35% for GSOL and 0.95% for BTCZ.

Portfolio Optimizer

Find the right allocation for GSOL and BTCZ

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