GSOL vs. STPZ

Last updated Jun 5, 2026

GSOL (Grayscale Solana Staking ETF) and STPZ (PIMCO 1-5 Year US TIPS Index ETF) are both exchange-traded funds - GSOL is a Cryptocurrency fund actively managed by Grayscale, while STPZ is a Inflation-Protected Bonds fund tracking the ICE BofA US Inflation-Linked Treasury (1-5 Y). GSOL is actively managed, while STPZ is passively managed. At a correlation of -0.40, they often move in opposite directions. GSOL charges 0.35%/yr vs 0.20%/yr for STPZ.

Performance

GSOL vs. STPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Solana Staking ETF (GSOL) and PIMCO 1-5 Year US TIPS Index ETF (STPZ). 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*: —

STPZ

• 1D: -0.01%
• 1M: 0.03%
• YTD: 1.77%
• 6M: 1.77%
• 1Y: 4.41%
• 3Y*: 4.99%
• 5Y*: 2.90%
• 10Y*: 2.88%

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

GSOL vs. STPZ - Yearly Performance Comparison

	2026 (YTD)
GSOL Grayscale Solana Staking ETF	-15.93%
STPZ PIMCO 1-5 Year US TIPS Index ETF	0.06%

Correlation

The correlation between GSOL and STPZ is -0.40, 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	-0.40

Return for Risk

GSOL vs. STPZ — Risk / Return Rank

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

STPZ

STPZ Risk / Return Rank: 82
STPZ Sharpe Ratio Rank: 76
STPZ Sortino Ratio Rank: 86
STPZ Omega Ratio Rank: 80
STPZ Calmar Ratio Rank: 86
STPZ Martin Ratio Rank: 82

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. STPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Solana Staking ETF (GSOL) and PIMCO 1-5 Year US TIPS Index ETF (STPZ). 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	STPZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.43	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-2.47	0.90	-3.38

Drawdowns

GSOL vs. STPZ - Drawdown Comparison

The maximum GSOL drawdown since its inception was -15.93%, which is greater than STPZ's maximum drawdown of -6.77%. Use the drawdown chart below to compare losses from any high point for GSOL and STPZ.

Drawdown Indicators

	GSOL	STPZ	Difference
Max Drawdown Largest peak-to-trough decline	-15.93%	-6.77%	-9.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-6.77%	—
Current Drawdown Current decline from peak	-15.93%	-0.13%	-15.80%
Average Drawdown Average peak-to-trough decline	-7.61%	-1.31%	-6.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.28%	—

Volatility

Volatility by Period

	GSOL	STPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	45.17%	1.82%	+43.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.17%	3.29%	+41.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.17%	2.98%	+42.19%

GSOL vs. STPZ - Expense Ratio Comparison

GSOL has a 0.35% expense ratio, which is higher than STPZ's 0.20% expense ratio.

Dividends

GSOL vs. STPZ - Dividend Comparison

GSOL has not paid dividends to shareholders, while STPZ's dividend yield for the trailing twelve months is around 4.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSOL Grayscale Solana Staking ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STPZ PIMCO 1-5 Year US TIPS Index ETF	4.11%	3.65%	1.97%	1.63%	5.88%	3.65%	1.86%	1.76%	2.23%	1.51%	0.65%	0.49%

Frequently Asked Questions

Can I hold both GSOL and STPZ in my portfolio?

GSOL and STPZ have a correlation of -0.40, 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 STPZ?

On fees, STPZ is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSOL or STPZ?

STPZ is cheaper with a 0.20% expense ratio, compared with 0.35% for GSOL.

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

STPZ has the higher dividend yield at 4.11%, compared with 0.00% for GSOL.

What is the main difference between GSOL and STPZ?

GSOL is categorized as Cryptocurrency, while STPZ is Inflation-Protected Bonds. They also come from different issuers: Grayscale and PIMCO. Their fees differ too: 0.35% for GSOL and 0.20% for STPZ.