SOEZ vs. ETHU

Last updated Jun 25, 2026

SOEZ (Franklin Solana ETF) and ETHU (Volatility Shares 2x Ether ETF) are both exchange-traded funds - SOEZ is a Cryptocurrency fund actively managed by Franklin, while ETHU is a Leveraged Cryptocurrency fund actively managed by Volatility Shares. Both are actively managed. Their correlation of 0.89 suggests significant overlap in exposure. SOEZ charges 0.19%/yr vs 2.67%/yr for ETHU.

Performance

SOEZ vs. ETHU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Solana ETF (SOEZ) and Volatility Shares 2x Ether ETF (ETHU). 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 higher than ETHU's -78.81% return.

SOEZ

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

ETHU

• 1D: -9.57%
• 1M: -44.33%
• YTD: -78.81%
• 6M: -78.43%
• 1Y: -78.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOEZ vs. ETHU - Yearly Performance Comparison

	2026 (YTD)	2025
SOEZ Franklin Solana ETF	-45.57%	-11.69%
ETHU Volatility Shares 2x Ether ETF	-78.81%	-4.11%

Correlation

The correlation between SOEZ and ETHU is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.89

Return for Risk

SOEZ vs. ETHU — 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.

ETHU

ETHU Risk / Return Rank: 4
ETHU Sharpe Ratio Rank: 5
ETHU Sortino Ratio Rank: 5
ETHU Omega Ratio Rank: 5
ETHU Calmar Ratio Rank: 2
ETHU Martin Ratio Rank: 3

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. ETHU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Solana ETF (SOEZ) and Volatility Shares 2x Ether ETF (ETHU). 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	ETHU	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.56	—
Sortino ratio: Return per unit of downside risk	—	-0.57	—
Omega ratio: Gain probability vs. loss probability	—	0.94	—
Calmar ratio: Return relative to maximum drawdown	—	-0.83	—
Martin ratio: Return relative to average drawdown	—	-1.19	—

Drawdowns

SOEZ vs. ETHU - Drawdown Comparison

The maximum SOEZ drawdown since its inception was -56.14%, smaller than the maximum ETHU drawdown of -96.33%. Use the drawdown chart below to compare losses from any high point for SOEZ and ETHU.

Drawdown Indicators

	SOEZ	ETHU	Difference
Max Drawdown Largest peak-to-trough decline	-56.14%	-96.33%	+40.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-93.77%	—
Current Drawdown Current decline from peak	-54.26%	-96.33%	+42.07%
Average Drawdown Average peak-to-trough decline	-32.76%	-69.98%	+37.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	65.78%	—

Volatility

Volatility by Period

	SOEZ	ETHU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	40.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	94.86%	—
Volatility (1Y) Calculated over the trailing 1-year period	70.78%	139.00%	-68.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.78%	143.30%	-72.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.78%	143.30%	-72.52%

SOEZ vs. ETHU - Expense Ratio Comparison

SOEZ has a 0.19% expense ratio, which is lower than ETHU's 2.67% expense ratio.

Dividends

SOEZ vs. ETHU - Dividend Comparison

SOEZ's dividend yield for the trailing twelve months is around 1.01%, less than ETHU's 6.92% yield.

Position	TTM	2025	2024
ETHU Volatility Shares 2x Ether ETF	6.92%	2.31%	0.41%
SOEZ Franklin Solana ETF	1.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOEZ and ETHU in my portfolio?

SOEZ and ETHU have a correlation of 0.89, 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 ETHU?

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 ETHU?

SOEZ is cheaper with a 0.19% expense ratio, compared with 2.67% for ETHU.

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

ETHU has the higher dividend yield at 6.92%, compared with 1.01% for SOEZ.

What is the main difference between SOEZ and ETHU?

SOEZ is categorized as Cryptocurrency, while ETHU is Leveraged Cryptocurrency. They also come from different issuers: Franklin and Volatility Shares. Their fees differ too: 0.19% for SOEZ and 2.67% for ETHU.