SOEZ vs. ETHV

Last updated Jun 5, 2026

SOEZ (Franklin Solana ETF) and ETHV (VanEck Ethereum ETF) are both Cryptocurrency funds. SOEZ is actively managed, while ETHV is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. SOEZ charges 0.19%/yr vs 0.20%/yr for ETHV.

Performance

SOEZ vs. ETHV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Solana ETF (SOEZ) and VanEck Ethereum ETF (ETHV). 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 ETHV's -40.24% return.

SOEZ

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

ETHV

• 1D: -1.33%
• 1M: -25.17%
• YTD: -40.24%
• 6M: -43.60%
• 1Y: -32.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOEZ vs. ETHV - Yearly Performance Comparison

	2026 (YTD)	2025
SOEZ Franklin Solana ETF	-43.12%	-11.97%
ETHV VanEck Ethereum ETF	-40.24%	-5.38%

Correlation

The correlation between SOEZ and ETHV is 0.88, 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 4, 2025	0.88

Return for Risk

SOEZ vs. ETHV — Risk / Return Rank

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

ETHV

ETHV Risk / Return Rank: 5
ETHV Sharpe Ratio Rank: 5
ETHV Sortino Ratio Rank: 6
ETHV Omega Ratio Rank: 6
ETHV Calmar Ratio Rank: 5
ETHV Martin Ratio Rank: 5

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. ETHV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Solana ETF (SOEZ) and VanEck Ethereum ETF (ETHV). 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	ETHV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.10	-0.42	-0.68

Drawdowns

SOEZ vs. ETHV - Drawdown Comparison

The maximum SOEZ drawdown since its inception was -52.20%, smaller than the maximum ETHV drawdown of -64.02%. Use the drawdown chart below to compare losses from any high point for SOEZ and ETHV.

Drawdown Indicators

	SOEZ	ETHV	Difference
Max Drawdown Largest peak-to-trough decline	-52.20%	-64.02%	+11.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-63.36%	—
Current Drawdown Current decline from peak	-52.20%	-63.36%	+11.16%
Average Drawdown Average peak-to-trough decline	-30.97%	-32.71%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.95%	—

Volatility

Volatility by Period

	SOEZ	ETHV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	68.82%	68.34%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.82%	72.23%	-3.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.82%	72.23%	-3.41%

SOEZ vs. ETHV - Expense Ratio Comparison

SOEZ has a 0.19% expense ratio, which is lower than ETHV's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SOEZ vs. ETHV - Dividend Comparison

SOEZ's dividend yield for the trailing twelve months is around 0.59%, while ETHV has not paid dividends to shareholders.

Position	TTM
ETHV VanEck Ethereum ETF	0.00%
SOEZ Franklin Solana ETF	0.59%

Frequently Asked Questions

Can I hold both SOEZ and ETHV in my portfolio?

SOEZ and ETHV have a correlation of 0.88, 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 ETHV?

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 ETHV?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.20% for ETHV.

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

SOEZ has the higher dividend yield at 0.59%, compared with 0.00% for ETHV.

What is the main difference between SOEZ and ETHV?

They also come from different issuers: Franklin and VanEck. Their fees differ too: 0.19% for SOEZ and 0.20% for ETHV.