QSOL vs. SOEZ

Last updated Jun 4, 2026

QSOL (Invesco Galaxy Solana ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. QSOL is passively managed, while SOEZ is actively managed. With a 1.00 correlation, they move nearly in lockstep. QSOL charges 0.25%/yr vs 0.19%/yr for SOEZ.

Performance

QSOL vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Galaxy Solana ETF (QSOL) 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 investments are quite close, with QSOL having a -41.51% return and SOEZ slightly higher at -40.75%.

QSOL

• 1D: -4.67%
• 1M: -14.50%
• YTD: -41.51%
• 6M: —
• 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)

QSOL vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
QSOL Invesco Galaxy Solana ETF	-41.51%	-0.92%
SOEZ Franklin Solana ETF	-40.75%	-0.76%

Correlation

The correlation between QSOL and SOEZ is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	1.00

Return for Risk

QSOL vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Galaxy Solana ETF (QSOL) 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

	QSOL	SOEZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	-1.07	+0.08

Drawdowns

QSOL vs. SOEZ - Drawdown Comparison

The maximum QSOL drawdown since its inception was -50.82%, roughly equal to the maximum SOEZ drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for QSOL and SOEZ.

Drawdown Indicators

	QSOL	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-50.82%	-50.21%	-0.61%
Current Drawdown Current decline from peak	-50.82%	-50.21%	-0.61%
Average Drawdown Average peak-to-trough decline	-31.98%	-30.80%	-1.18%

Volatility

Volatility by Period

	QSOL	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	70.59%	68.92%	+1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.59%	68.92%	+1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.59%	68.92%	+1.67%

QSOL vs. SOEZ - Expense Ratio Comparison

QSOL has a 0.25% expense ratio, which is higher than SOEZ'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. SOEZ - Dividend Comparison

QSOL's dividend yield for the trailing twelve months is around 0.20%, less than SOEZ's 0.57% yield.

Position	TTM
QSOL Invesco Galaxy Solana ETF	0.20%
SOEZ Franklin Solana ETF	0.57%

Frequently Asked Questions

Can I hold both QSOL and SOEZ in my portfolio?

With a correlation of 1.00, QSOL and SOEZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, QSOL 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, QSOL or SOEZ?

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

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

SOEZ has the higher dividend yield at 0.57%, compared with 0.20% for QSOL.

What is the main difference between QSOL and SOEZ?

They also come from different issuers: Invesco and Franklin. Their fees differ too: 0.25% for QSOL and 0.19% for SOEZ.