NEHI vs. SOEZ

Last updated Jul 14, 2026

NEHI (NEOS Ethereum High Income ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. NEHI charges 0.98%/yr vs 0.19%/yr for SOEZ.

Performance

NEHI vs. SOEZ - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with NEHI having a -37.76% return and SOEZ slightly lower at -37.79%.

NEHI

• 1D: -1.04%
• 1M: 4.13%
• 6M: -40.37%
• YTD: -37.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -3.74%
• 1M: 12.93%
• 6M: -44.89%
• YTD: -37.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-37.76%	-1.24%
SOEZ Franklin Solana ETF	-37.79%	-11.69%

Correlation

The correlation between NEHI and SOEZ is 0.88, 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 Dec 3, 2025	0.88

Return for Risk

NEHI vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) 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.

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

NEHI vs. SOEZ - Drawdown Comparison

The maximum NEHI drawdown since its inception was -50.12%, smaller than the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for NEHI and SOEZ.

Drawdown Indicators

	NEHI	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-50.12%	-56.14%	+6.02%
Current Drawdown Current decline from peak	-44.33%	-47.72%	+3.39%
Average Drawdown Average peak-to-trough decline	-28.53%	-33.87%	+5.34%

Volatility

Volatility by Period

	NEHI	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	58.43%	70.77%	-12.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.43%	70.77%	-12.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.43%	70.77%	-12.34%

NEHI vs. SOEZ - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than SOEZ's 0.19% expense ratio.

Dividends

NEHI vs. SOEZ - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 28.39%, more than SOEZ's 0.88% yield.

Position	TTM	2025
NEHI NEOS Ethereum High Income ETF	28.39%	2.87%
SOEZ Franklin Solana ETF	0.88%	0.00%

Frequently Asked Questions

Can I hold both NEHI and SOEZ in my portfolio?

NEHI and SOEZ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEHI 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, NEHI or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.98% for NEHI.

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

NEHI has the higher dividend yield at 28.39%, compared with 0.88% for SOEZ.

What is the main difference between NEHI and SOEZ?

They also come from different issuers: Neos and Franklin. Their fees differ too: 0.98% for NEHI and 0.19% for SOEZ.