QSOL vs. EZBC

Last updated Jun 4, 2026

QSOL (Invesco Galaxy Solana ETF) and EZBC (Franklin Bitcoin ETF) are both Cryptocurrency funds - QSOL tracks the Lukka Prime Solana Reference Rate - Benchmark Price Return while EZBC tracks the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.89 suggests significant overlap in exposure. QSOL charges 0.25%/yr vs 0.19%/yr for EZBC.

Performance

QSOL vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Galaxy Solana ETF (QSOL) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QSOL achieves a -41.51% return, which is significantly lower than EZBC's -25.36% return.

QSOL

• 1D: -4.67%
• 1M: -14.50%
• YTD: -41.51%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZBC

• 1D: -2.73%
• 1M: -18.42%
• YTD: -25.36%
• 6M: -29.82%
• 1Y: -38.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSOL vs. EZBC - Yearly Performance Comparison

	2026 (YTD)	2025
QSOL Invesco Galaxy Solana ETF	-41.51%	-0.92%
EZBC Franklin Bitcoin ETF	-25.36%	1.98%

Correlation

The correlation between QSOL and EZBC is 0.89, 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 16, 2025	0.89

Return for Risk

QSOL vs. EZBC — Risk / Return Rank

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

EZBC

EZBC Risk / Return Rank: 2
EZBC Sharpe Ratio Rank: 2
EZBC Sortino Ratio Rank: 2
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC Martin Ratio Rank: 2

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.

QSOL vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Galaxy Solana ETF (QSOL) and Franklin Bitcoin ETF (EZBC). 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

	QSOL	EZBC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.30	-1.29

Drawdowns

QSOL vs. EZBC - Drawdown Comparison

The maximum QSOL drawdown since its inception was -50.82%, roughly equal to the maximum EZBC drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for QSOL and EZBC.

Drawdown Indicators

	QSOL	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-50.82%	-49.37%	-1.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.37%	—
Current Drawdown Current decline from peak	-50.82%	-48.04%	-2.78%
Average Drawdown Average peak-to-trough decline	-31.98%	-16.01%	-15.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.42%	—

Volatility

Volatility by Period

	QSOL	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.59%	43.67%	+26.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.59%	50.06%	+20.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.59%	50.06%	+20.53%

QSOL vs. EZBC - Expense Ratio Comparison

QSOL has a 0.25% expense ratio, which is higher than EZBC's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

QSOL vs. EZBC - Dividend Comparison

QSOL's dividend yield for the trailing twelve months is around 0.20%, while EZBC has not paid dividends to shareholders.

Position	TTM
EZBC Franklin Bitcoin ETF	0.00%
QSOL Invesco Galaxy Solana ETF	0.20%

Frequently Asked Questions

Can I hold both QSOL and EZBC in my portfolio?

QSOL and EZBC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QSOL or EZBC?

On fees, EZBC 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, QSOL or EZBC?

EZBC is cheaper with a 0.19% expense ratio, compared with 0.25% for QSOL.

Which ETF pays a higher dividend yield, QSOL or EZBC?

QSOL has the higher dividend yield at 0.20%, compared with 0.00% for EZBC.

What is the main difference between QSOL and EZBC?

QSOL tracks Lukka Prime Solana Reference Rate - Benchmark Price Return, while EZBC tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: Invesco and Franklin Templeton. Their fees differ too: 0.25% for QSOL and 0.19% for EZBC.