QSOL vs. SOLT

Last updated Aug 6, 2026

QSOL (Invesco Galaxy Solana ETF) and SOLT (2x Solana ETF) are both exchange-traded funds - QSOL is a Cryptocurrency fund tracking the Lukka Prime Solana Reference Rate - Benchmark Price Return, while SOLT is a Blockchain fund actively managed by Volatility Shares. QSOL is passively managed, while SOLT is actively managed. Their 1.00 correlation means they have historically moved very closely together. QSOL charges 0.25%/yr vs 1.85%/yr for SOLT.

Performance

QSOL vs. SOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Galaxy Solana ETF (QSOL) and 2x Solana ETF (SOLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QSOL achieves a -39.18% return, which is significantly higher than SOLT's -74.46% return.

QSOL

• 1D: 0.13%
• 1M: -9.14%
• 6M: -19.06%
• YTD: -39.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOLT

• 1D: 1.13%
• 1M: -18.85%
• 6M: -51.13%
• YTD: -74.46%
• 1Y: -89.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -79.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QSOL Invesco Galaxy Solana ETF	$133.31K	$75.15K	$97.62K
SOLT 2x Solana ETF	$7.96M	$10.44M	$15.79M

QSOL vs. SOLT - Yearly Performance Comparison

	2026 (YTD)	2025
QSOL Invesco Galaxy Solana ETF	-39.18%	-4.28%
SOLT 2x Solana ETF	-74.46%	-13.03%

Correlation

The correlation between QSOL and SOLT is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	1.00

Return for Risk

QSOL vs. SOLT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QSOL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SOLT

SOLT Risk / Return Rank: 3
SOLT Sharpe Ratio Rank: 4
SOLT Sortino Ratio Rank: 3
SOLT Omega Ratio Rank: 3
SOLT Calmar Ratio Rank: 1
SOLT Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QSOL vs. SOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Galaxy Solana ETF (QSOL) and 2x Solana ETF (SOLT). 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.

	QSOL	SOLT	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.62	—
Sortino ratio: Return per unit of downside risk	—	-1.17	—
Omega ratio: Gain probability vs. loss probability	—	0.87	—
Calmar ratio: Return relative to maximum drawdown	—	-0.93	—
Martin ratio: Return relative to average drawdown	—	-1.15	—

Drawdowns

QSOL vs. SOLT - Drawdown Comparison

The maximum QSOL drawdown since its inception was -56.55%, smaller than the maximum SOLT drawdown of -96.28%. Use the drawdown chart below to compare losses from any high point for QSOL and SOLT.

Drawdown Indicators

	QSOL	SOLT	Difference
Max Drawdown Largest peak-to-trough decline	-56.55%	-96.28%	+39.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-96.28%	—
Current Drawdown Current decline from peak	-48.87%	-95.17%	+46.30%
Average Drawdown Average peak-to-trough decline	-36.59%	-58.40%	+21.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	77.69%	—

Volatility

Volatility by Period

	QSOL	SOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	98.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.97%	145.03%	-76.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.97%	148.29%	-79.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.97%	148.29%	-79.32%

QSOL vs. SOLT - Expense Ratio Comparison

QSOL has a 0.25% expense ratio, which is lower than SOLT's 1.85% expense ratio.

Dividends

QSOL vs. SOLT - Dividend Comparison

QSOL's dividend yield for the trailing twelve months is around 0.91%, less than SOLT's 5.58% yield.

Position	TTM	2025
QSOL Invesco Galaxy Solana ETF	0.91%	0.00%
SOLT 2x Solana ETF	5.58%	1.22%

Frequently Asked Questions

Can I hold both QSOL and SOLT in my portfolio?

With a correlation of 1.00, QSOL and SOLT 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 SOLT?

On fees, QSOL is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QSOL or SOLT?

QSOL is cheaper with a 0.25% expense ratio, compared with 1.85% for SOLT.

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

SOLT has the higher dividend yield at 5.58%, compared with 0.91% for QSOL.

What is the main difference between QSOL and SOLT?

QSOL is categorized as Cryptocurrency, while SOLT is Blockchain. They also come from different issuers: Invesco and Volatility Shares. Their fees differ too: 0.25% for QSOL and 1.85% for SOLT.