MULT vs. SOEZ

Last updated Jun 4, 2026

MULT (Franklin Multisector Income ETF) and SOEZ (Franklin Solana ETF) are both exchange-traded funds - MULT is a Multisector Bonds fund actively managed by Franklin, while SOEZ is a Cryptocurrency fund actively managed by Franklin. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. MULT charges 0.39%/yr vs 0.19%/yr for SOEZ.

Performance

MULT vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Multisector Income ETF (MULT) and Franklin Solana ETF (SOEZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MULT achieves a 0.83% return, which is significantly higher than SOEZ's -40.75% return.

MULT

• 1D: -0.12%
• 1M: 0.31%
• YTD: 0.83%
• 6M: 1.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -4.56%
• 1M: -14.51%
• YTD: -40.75%
• 6M: -47.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MULT vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
MULT Franklin Multisector Income ETF	0.83%	0.44%
SOEZ Franklin Solana ETF	-40.75%	-11.97%

Correlation

The correlation between MULT and SOEZ is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.19

Return for Risk

MULT vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Multisector Income ETF (MULT) and Franklin Solana ETF (SOEZ). 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

	MULT	SOEZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	-1.07	+2.42

Drawdowns

MULT vs. SOEZ - Drawdown Comparison

The maximum MULT drawdown since its inception was -1.70%, smaller than the maximum SOEZ drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for MULT and SOEZ.

Drawdown Indicators

	MULT	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-1.70%	-50.21%	+48.51%
Current Drawdown Current decline from peak	-0.48%	-50.21%	+49.73%
Average Drawdown Average peak-to-trough decline	-0.31%	-30.80%	+30.49%

Volatility

Volatility by Period

	MULT	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.95%	68.92%	-65.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.95%	68.92%	-65.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.95%	68.92%	-65.97%

MULT vs. SOEZ - Expense Ratio Comparison

MULT has a 0.39% expense ratio, which is higher than SOEZ's 0.19% expense ratio.

Dividends

MULT vs. SOEZ - Dividend Comparison

MULT's dividend yield for the trailing twelve months is around 3.41%, more than SOEZ's 0.57% yield.

Position	TTM	2025
MULT Franklin Multisector Income ETF	3.41%	1.56%
SOEZ Franklin Solana ETF	0.57%	0.00%

Frequently Asked Questions

Can I hold both MULT and SOEZ in my portfolio?

MULT and SOEZ have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MULT or SOEZ?

On fees, SOEZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MULT or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.39% for MULT.

Which ETF pays a higher dividend yield, MULT or SOEZ?

MULT has the higher dividend yield at 3.41%, compared with 0.57% for SOEZ.

What is the main difference between MULT and SOEZ?

MULT is categorized as Multisector Bonds, while SOEZ is Cryptocurrency. Their fees differ too: 0.39% for MULT and 0.19% for SOEZ.