SOEZ vs. CMDY

Last updated Jun 5, 2026

SOEZ (Franklin Solana ETF) and CMDY (iShares Bloomberg Roll Select Commodity Strategy ETF) are both exchange-traded funds - SOEZ is a Cryptocurrency fund actively managed by Franklin, while CMDY is a Commodities fund tracking the Bloomberg Roll Select Commodity Total Return Index. SOEZ is actively managed, while CMDY is passively managed. At a correlation of -0.13, they often move in opposite directions. SOEZ charges 0.19%/yr vs 0.28%/yr for CMDY.

Performance

SOEZ vs. CMDY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Solana ETF (SOEZ) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOEZ achieves a -43.12% return, which is significantly lower than CMDY's 24.16% return.

SOEZ

• 1D: -3.99%
• 1M: -20.02%
• YTD: -43.12%
• 6M: -49.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMDY

• 1D: -1.01%
• 1M: -3.07%
• YTD: 24.16%
• 6M: 23.07%
• 1Y: 35.71%
• 3Y*: 15.11%
• 5Y*: 10.49%
• 10Y*: —

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

SOEZ vs. CMDY - Yearly Performance Comparison

	2026 (YTD)	2025
SOEZ Franklin Solana ETF	-43.12%	-11.97%
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF	24.16%	-0.72%

Correlation

The correlation between SOEZ and CMDY is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	-0.13

Return for Risk

SOEZ vs. CMDY — Risk / Return Rank

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

CMDY

CMDY Risk / Return Rank: 72
CMDY Sharpe Ratio Rank: 69
CMDY Sortino Ratio Rank: 61
CMDY Omega Ratio Rank: 68
CMDY Calmar Ratio Rank: 85
CMDY Martin Ratio Rank: 74

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. CMDY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Solana ETF (SOEZ) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). 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

	SOEZ	CMDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.10	0.55	-1.65

Drawdowns

SOEZ vs. CMDY - Drawdown Comparison

The maximum SOEZ drawdown since its inception was -52.20%, which is greater than CMDY's maximum drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for SOEZ and CMDY.

Drawdown Indicators

	SOEZ	CMDY	Difference
Max Drawdown Largest peak-to-trough decline	-52.20%	-31.19%	-21.01%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.56%	—
Current Drawdown Current decline from peak	-52.20%	-4.95%	-47.25%
Average Drawdown Average peak-to-trough decline	-30.97%	-13.14%	-17.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.58%	—

Volatility

Volatility by Period

	SOEZ	CMDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.82%	16.10%	+52.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.82%	15.80%	+53.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.82%	14.63%	+54.19%

SOEZ vs. CMDY - Expense Ratio Comparison

SOEZ has a 0.19% expense ratio, which is lower than CMDY's 0.28% expense ratio.

Dividends

SOEZ vs. CMDY - Dividend Comparison

SOEZ's dividend yield for the trailing twelve months is around 0.59%, less than CMDY's 10.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF	10.38%	12.89%	4.23%	5.10%	3.98%	16.09%	0.15%	2.21%	1.73%
SOEZ Franklin Solana ETF	0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOEZ and CMDY in my portfolio?

SOEZ and CMDY have a correlation of -0.13, 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 CMDY?

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 CMDY?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.28% for CMDY.

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

CMDY has the higher dividend yield at 10.38%, compared with 0.59% for SOEZ.

What is the main difference between SOEZ and CMDY?

SOEZ is categorized as Cryptocurrency, while CMDY is Commodities. They also come from different issuers: Franklin and iShares. Their fees differ too: 0.19% for SOEZ and 0.28% for CMDY.