SLON vs. IBLC
SLON (ProShares Ultra Solana ETF) and IBLC (iShares Blockchain and Tech ETF) are both Cryptocurrency funds - SLON tracks the Bloomberg Solana Index while IBLC tracks the ICE FactSet Global Blockchain Technologies Index. Both are passively managed. A 0.64 correlation means they provide meaningful diversification when combined. SLON charges 2.14%/yr vs 0.47%/yr for IBLC.
Performance
SLON vs. IBLC - Performance Comparison
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Returns By Period
In the year-to-date period, SLON achieves a -77.64% return, which is significantly lower than IBLC's 27.22% return.
SLON
- 1D
- -11.08%
- 1M
- -37.46%
- YTD
- -77.64%
- 6M
- -77.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBLC
- 1D
- -2.19%
- 1M
- -0.02%
- YTD
- 27.22%
- 6M
- 19.07%
- 1Y
- 63.95%
- 3Y*
- 45.22%
- 5Y*
- —
- 10Y*
- —
SLON vs. IBLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SLON ProShares Ultra Solana ETF | -77.64% | -62.89% |
IBLC iShares Blockchain and Tech ETF | 27.22% | 2.47% |
Correlation
The correlation between SLON and IBLC is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.64 |
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Return for Risk
SLON vs. IBLC — Risk / Return Rank
SLON
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IBLC
SLON vs. IBLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Solana ETF (SLON) and iShares Blockchain and Tech ETF (IBLC). 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.
| SLON | IBLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.43 | — |
| Martin ratioReturn relative to average drawdown | — | 2.80 | — |
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Drawdowns
SLON vs. IBLC - Drawdown Comparison
The maximum SLON drawdown since its inception was -96.31%, which is greater than IBLC's maximum drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for SLON and IBLC.
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Drawdown Indicators
| SLON | IBLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.31% | -62.54% | -33.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -44.94% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -51.68% | — |
Current DrawdownCurrent decline from peak | -95.80% | -16.36% | -79.44% |
Average DrawdownAverage peak-to-trough decline | -65.32% | -25.76% | -39.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 22.89% | — |
Volatility
SLON vs. IBLC - Volatility Comparison
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Volatility by Period
| SLON | IBLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 16.66% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 41.64% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 148.14% | 55.87% | +92.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 148.14% | 64.51% | +83.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 148.14% | 64.51% | +83.63% |
SLON vs. IBLC - Expense Ratio Comparison
SLON has a 2.14% expense ratio, which is higher than IBLC's 0.47% expense ratio.
Dividends
SLON vs. IBLC - Dividend Comparison
SLON's dividend yield for the trailing twelve months is around 25.68%, more than IBLC's 4.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 4.92% | 6.31% | 1.60% | 1.79% | 0.84% |
SLON ProShares Ultra Solana ETF | 25.68% | 5.74% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SLON and IBLC have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBLC is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBLC is cheaper with a 0.47% expense ratio, compared with 2.14% for SLON.
SLON has the higher dividend yield at 25.68%, compared with 4.92% for IBLC.
SLON tracks Bloomberg Solana Index, while IBLC tracks ICE FactSet Global Blockchain Technologies Index. They also come from different issuers: ProShares and iShares. Their fees differ too: 2.14% for SLON and 0.47% for IBLC.
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