GSOL vs. ETCG

Last updated Aug 2, 2026

GSOL (Grayscale Solana Staking ETF) and ETCG (Grayscale Ethereum Classic Trust (ETC)) are both Cryptocurrency funds from Grayscale. GSOL is actively managed, while ETCG is passively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. GSOL charges 0.35%/yr vs 2.50%/yr for ETCG.

Performance

GSOL vs. ETCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Solana Staking ETF (GSOL) and Grayscale Ethereum Classic Trust (ETC) (ETCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSOL

• 1D: -2.30%
• 1M: -9.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

ETCG

• 1D: -1.86%
• 1M: -14.29%
• 6M: -35.63%
• YTD: -48.20%
• 1Y: -66.90%
• 3Y*: -21.33%
• 5Y*: -37.86%
• 10Y*: —
• ALL TIME*: -22.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ETCG Grayscale Ethereum Classic Trust (ETC)	$71.03K	$57.65K	$119.33K
GSOL Grayscale Solana Staking ETF	$24.46M	$26.70M	$26.53M

GSOL vs. ETCG - Yearly Performance Comparison

	2026 (YTD)
GSOL Grayscale Solana Staking ETF	-8.77%
ETCG Grayscale Ethereum Classic Trust (ETC)	-22.58%

Correlation

The correlation between GSOL and ETCG is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.67

Return for Risk

GSOL vs. ETCG — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

ETCG

ETCG Risk / Return Rank: 1
ETCG Sharpe Ratio Rank: 0
ETCG Sortino Ratio Rank: 0
ETCG Omega Ratio Rank: 0
ETCG Calmar Ratio Rank: 1
ETCG Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GSOL vs. ETCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Solana Staking ETF (GSOL) and Grayscale Ethereum Classic Trust (ETC) (ETCG). 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	ETCG	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.19	—
Sortino ratio: Return per unit of downside risk	—	-2.42	—
Omega ratio: Gain probability vs. loss probability	—	0.75	—
Calmar ratio: Return relative to maximum drawdown	—	-0.94	—
Martin ratio: Return relative to average drawdown	—	-1.34	—

Drawdowns

GSOL vs. ETCG - Drawdown Comparison

The maximum GSOL drawdown since its inception was -22.60%, smaller than the maximum ETCG drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for GSOL and ETCG.

Drawdown Indicators

	GSOL	ETCG	Difference
Max Drawdown Largest peak-to-trough decline	-22.60%	-96.59%	+73.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-72.70%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-82.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.70%	—
Current Drawdown Current decline from peak	-10.84%	-96.25%	+85.41%
Average Drawdown Average peak-to-trough decline	-9.75%	-82.88%	+73.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	51.07%	—

Volatility

Volatility by Period

	GSOL	ETCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.28%	57.33%	+9.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.28%	90.73%	-23.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.28%	114.32%	-47.04%

GSOL vs. ETCG - Expense Ratio Comparison

GSOL has a 0.35% expense ratio, which is lower than ETCG's 2.50% expense ratio.

Dividends

GSOL vs. ETCG - Dividend Comparison

Neither GSOL nor ETCG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSOL and ETCG in my portfolio?

GSOL and ETCG have a correlation of 0.67, 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 ETCG?

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 ETCG?

GSOL is cheaper with a 0.35% expense ratio, compared with 2.50% for ETCG.

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

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

What is the main difference between GSOL and ETCG?

Their fees differ too: 0.35% for GSOL and 2.50% for ETCG.