SOEZ vs. AETH

Last updated Jun 25, 2026

SOEZ (Franklin Solana ETF) and AETH (Bitwise Ethereum Strategy ETF) are both Cryptocurrency funds. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. SOEZ charges 0.19%/yr vs 0.90%/yr for AETH.

Performance

SOEZ vs. AETH - Performance Comparison

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

Returns By Period

In the year-to-date period, SOEZ achieves a -45.57% return, which is significantly lower than AETH's -17.82% return.

SOEZ

• 1D: -4.36%
• 1M: -21.72%
• YTD: -45.57%
• 6M: -44.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AETH

• 1D: -4.82%
• 1M: -8.81%
• YTD: -17.82%
• 6M: -17.79%
• 1Y: -14.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOEZ vs. AETH - Yearly Performance Comparison

	2026 (YTD)	2025
SOEZ Franklin Solana ETF	-45.57%	-11.69%
AETH Bitwise Ethereum Strategy ETF	-17.82%	-6.11%

Correlation

The correlation between SOEZ and AETH is 0.51, 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 Dec 3, 2025	0.51

Return for Risk

SOEZ vs. AETH — Risk / Return Rank

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

SOEZ

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

AETH

AETH Risk / Return Rank: 6
AETH Sharpe Ratio Rank: 6
AETH Sortino Ratio Rank: 6
AETH Omega Ratio Rank: 6
AETH Calmar Ratio Rank: 6
AETH Martin Ratio Rank: 7

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.

SOEZ vs. AETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Solana ETF (SOEZ) and Bitwise Ethereum Strategy ETF (AETH). 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.

	SOEZ	AETH	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.33	—
Sortino ratio: Return per unit of downside risk	—	-0.21	—
Omega ratio: Gain probability vs. loss probability	—	0.97	—
Calmar ratio: Return relative to maximum drawdown	—	-0.30	—
Martin ratio: Return relative to average drawdown	—	-0.44	—

Drawdowns

SOEZ vs. AETH - Drawdown Comparison

The maximum SOEZ drawdown since its inception was -56.14%, which is greater than AETH's maximum drawdown of -48.85%. Use the drawdown chart below to compare losses from any high point for SOEZ and AETH.

Drawdown Indicators

	SOEZ	AETH	Difference
Max Drawdown Largest peak-to-trough decline	-56.14%	-48.85%	-7.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-48.85%	—
Current Drawdown Current decline from peak	-54.26%	-48.85%	-5.41%
Average Drawdown Average peak-to-trough decline	-32.76%	-25.09%	-7.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	32.47%	—

Volatility

Volatility by Period

	SOEZ	AETH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.78%	43.78%	+27.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.78%	54.27%	+16.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.78%	54.27%	+16.51%

SOEZ vs. AETH - Expense Ratio Comparison

SOEZ has a 0.19% expense ratio, which is lower than AETH's 0.90% expense ratio.

Dividends

SOEZ vs. AETH - Dividend Comparison

SOEZ's dividend yield for the trailing twelve months is around 1.01%, less than AETH's 2.93% yield.

Position	TTM	2025	2024	2023
AETH Bitwise Ethereum Strategy ETF	2.93%	2.41%	14.73%	6.64%
SOEZ Franklin Solana ETF	1.01%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOEZ and AETH in my portfolio?

SOEZ and AETH have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOEZ or AETH?

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, SOEZ or AETH?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.90% for AETH.

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

AETH has the higher dividend yield at 2.93%, compared with 1.01% for SOEZ.

What is the main difference between SOEZ and AETH?

They also come from different issuers: Franklin and Bitwise. Their fees differ too: 0.19% for SOEZ and 0.90% for AETH.