GSOL vs. XRPC

Last updated Jun 24, 2026

GSOL (Grayscale Solana Staking ETF) and XRPC (Canary XRP ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. GSOL charges 0.35%/yr vs 0.50%/yr for XRPC.

Performance

GSOL vs. XRPC - Performance Comparison

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

Returns By Period

GSOL

• 1D: -5.31%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRPC

• 1D: -2.90%
• 1M: -17.72%
• YTD: -39.85%
• 6M: -41.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSOL vs. XRPC - Yearly Performance Comparison

	2026 (YTD)
GSOL Grayscale Solana Staking ETF	-14.40%
XRPC Canary XRP ETF	-17.14%

Correlation

The correlation between GSOL and XRPC is 0.82, 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	0.82

Return for Risk

GSOL vs. XRPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Solana Staking ETF (GSOL) and Canary XRP ETF (XRPC). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

GSOL vs. XRPC - Drawdown Comparison

The maximum GSOL drawdown since its inception was -22.60%, smaller than the maximum XRPC drawdown of -56.25%. Use the drawdown chart below to compare losses from any high point for GSOL and XRPC.

Drawdown Indicators

	GSOL	XRPC	Difference
Max Drawdown Largest peak-to-trough decline	-22.60%	-56.25%	+33.65%
Current Drawdown Current decline from peak	-15.93%	-56.06%	+40.13%
Average Drawdown Average peak-to-trough decline	-12.89%	-36.22%	+23.33%

Volatility

Volatility by Period

	GSOL	XRPC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	83.47%	76.90%	+6.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.47%	76.90%	+6.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.47%	76.90%	+6.57%

GSOL vs. XRPC - Expense Ratio Comparison

GSOL has a 0.35% expense ratio, which is lower than XRPC's 0.50% expense ratio.

Dividends

GSOL vs. XRPC - Dividend Comparison

Neither GSOL nor XRPC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GSOL and XRPC in my portfolio?

GSOL and XRPC have a correlation of 0.82, 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 XRPC?

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 XRPC?

GSOL is cheaper with a 0.35% expense ratio, compared with 0.50% for XRPC.

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

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

What is the main difference between GSOL and XRPC?

They also come from different issuers: Grayscale and Canary Capital. Their fees differ too: 0.35% for GSOL and 0.50% for XRPC.