GXRP vs. GSOL

Last updated Jun 5, 2026

GXRP (Grayscale XRP Trust ETF) and GSOL (Grayscale Solana Staking ETF) are both Cryptocurrency funds from Grayscale. GXRP is passively managed, while GSOL is actively managed. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.35% expense ratio.

Performance

GXRP vs. GSOL - Performance Comparison

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

Returns By Period

GXRP

• 1D: -2.33%
• 1M: -17.12%
• YTD: -35.87%
• 6M: -44.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSOL

• 1D: -4.08%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GXRP vs. GSOL - Yearly Performance Comparison

	2026 (YTD)
GXRP Grayscale XRP Trust ETF	-10.58%
GSOL Grayscale Solana Staking ETF	-15.93%

Correlation

The correlation between GXRP and GSOL is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.70

Return for Risk

GXRP vs. GSOL - Risk-Adjusted Trends Comparison

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

	GXRP	GSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.00	-2.47	+1.47

Drawdowns

GXRP vs. GSOL - Drawdown Comparison

The maximum GXRP drawdown since its inception was -49.34%, which is greater than GSOL's maximum drawdown of -15.93%. Use the drawdown chart below to compare losses from any high point for GXRP and GSOL.

Drawdown Indicators

	GXRP	GSOL	Difference
Max Drawdown Largest peak-to-trough decline	-49.34%	-15.93%	-33.41%
Current Drawdown Current decline from peak	-49.34%	-15.93%	-33.41%
Average Drawdown Average peak-to-trough decline	-30.29%	-7.61%	-22.68%

Volatility

Volatility by Period

	GXRP	GSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	71.66%	45.17%	+26.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.66%	45.17%	+26.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.66%	45.17%	+26.49%

GXRP vs. GSOL - Expense Ratio Comparison

Both GXRP and GSOL have an expense ratio of 0.35%.

Dividends

GXRP vs. GSOL - Dividend Comparison

Neither GXRP nor GSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GXRP and GSOL in my portfolio?

GXRP and GSOL have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXRP or GSOL?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXRP or GSOL?

GXRP and GSOL have the same expense ratio: 0.35% per year.

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

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