SOEZ vs. BTRN

Last updated Jul 14, 2026

SOEZ (Franklin Solana ETF) and BTRN (Global X Bitcoin Trend Strategy ETF) are both Cryptocurrency funds. SOEZ is actively managed, while BTRN is passively managed. At a 0.46 correlation, their price movements are largely independent. SOEZ charges 0.19%/yr vs 0.95%/yr for BTRN.

Performance

SOEZ vs. BTRN - Performance Comparison

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

Returns By Period

In the year-to-date period, SOEZ achieves a -37.79% return, which is significantly lower than BTRN's -10.56% return.

SOEZ

• 1D: -3.74%
• 1M: 12.93%
• 6M: -44.89%
• YTD: -37.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTRN

• 1D: -0.73%
• 1M: -1.54%
• 6M: -10.80%
• YTD: -10.56%
• 1Y: -25.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOEZ vs. BTRN - Yearly Performance Comparison

	2026 (YTD)	2025
SOEZ Franklin Solana ETF	-37.79%	-11.69%
BTRN Global X Bitcoin Trend Strategy ETF	-10.56%	-0.68%

Correlation

The correlation between SOEZ and BTRN is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.46

Return for Risk

SOEZ vs. BTRN — 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.

BTRN

BTRN Risk / Return Rank: 0
BTRN Sharpe Ratio Rank: 0
BTRN Sortino Ratio Rank: 1
BTRN Omega Ratio Rank: 0
BTRN Calmar Ratio Rank: 1
BTRN Martin Ratio Rank: 1

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. BTRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Solana ETF (SOEZ) and Global X Bitcoin Trend Strategy ETF (BTRN). 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	BTRN	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.44	—
Sortino ratio: Return per unit of downside risk	—	-1.97	—
Omega ratio: Gain probability vs. loss probability	—	0.73	—
Calmar ratio: Return relative to maximum drawdown	—	-0.96	—
Martin ratio: Return relative to average drawdown	—	-1.50	—

Drawdowns

SOEZ vs. BTRN - Drawdown Comparison

The maximum SOEZ drawdown since its inception was -56.14%, which is greater than BTRN's maximum drawdown of -36.97%. Use the drawdown chart below to compare losses from any high point for SOEZ and BTRN.

Drawdown Indicators

	SOEZ	BTRN	Difference
Max Drawdown Largest peak-to-trough decline	-56.14%	-36.97%	-19.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.45%	—
Current Drawdown Current decline from peak	-47.72%	-26.34%	-21.38%
Average Drawdown Average peak-to-trough decline	-33.87%	-14.90%	-18.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.83%	—

Volatility

Volatility by Period

	SOEZ	BTRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.77%	17.60%	+53.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.77%	30.28%	+40.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.77%	30.28%	+40.49%

SOEZ vs. BTRN - Expense Ratio Comparison

SOEZ has a 0.19% expense ratio, which is lower than BTRN's 0.95% expense ratio.

Dividends

SOEZ vs. BTRN - Dividend Comparison

SOEZ's dividend yield for the trailing twelve months is around 0.88%, less than BTRN's 31.39% yield.

Position	TTM	2025	2024
BTRN Global X Bitcoin Trend Strategy ETF	31.39%	27.76%	2.56%
SOEZ Franklin Solana ETF	0.88%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOEZ and BTRN in my portfolio?

SOEZ and BTRN have a correlation of 0.46, 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 BTRN?

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 BTRN?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.95% for BTRN.

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

BTRN has the higher dividend yield at 31.39%, compared with 0.88% for SOEZ.

What is the main difference between SOEZ and BTRN?

They also come from different issuers: Franklin and Global X. Their fees differ too: 0.19% for SOEZ and 0.95% for BTRN.