SOEZ vs. FSOL

Last updated Jun 4, 2026

SOEZ (Franklin Solana ETF) and FSOL (Fidelity Solana Fund) are both Cryptocurrency funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. SOEZ charges 0.19%/yr vs 0.25%/yr for FSOL.

Performance

SOEZ vs. FSOL - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with SOEZ having a -40.75% return and FSOL slightly lower at -41.01%.

SOEZ

• 1D: -4.56%
• 1M: -14.51%
• YTD: -40.75%
• 6M: -47.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSOL

• 1D: -4.73%
• 1M: -14.55%
• YTD: -41.01%
• 6M: -48.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOEZ vs. FSOL - Yearly Performance Comparison

	2026 (YTD)	2025
SOEZ Franklin Solana ETF	-40.75%	-11.97%
FSOL Fidelity Solana Fund	-41.01%	-12.06%

Correlation

The correlation between SOEZ and FSOL is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	1.00

Return for Risk

SOEZ vs. FSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Solana ETF (SOEZ) and Fidelity Solana Fund (FSOL). 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	FSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.07	-0.99	-0.08

Drawdowns

SOEZ vs. FSOL - Drawdown Comparison

The maximum SOEZ drawdown since its inception was -50.21%, roughly equal to the maximum FSOL drawdown of -50.54%. Use the drawdown chart below to compare losses from any high point for SOEZ and FSOL.

Drawdown Indicators

	SOEZ	FSOL	Difference
Max Drawdown Largest peak-to-trough decline	-50.21%	-50.54%	+0.33%
Current Drawdown Current decline from peak	-50.21%	-50.54%	+0.33%
Average Drawdown Average peak-to-trough decline	-30.80%	-29.21%	-1.59%

Volatility

Volatility by Period

	SOEZ	FSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	68.92%	71.65%	-2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.92%	71.65%	-2.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.92%	71.65%	-2.73%

SOEZ vs. FSOL - Expense Ratio Comparison

SOEZ has a 0.19% expense ratio, which is lower than FSOL's 0.25% 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. FSOL - Dividend Comparison

SOEZ's dividend yield for the trailing twelve months is around 0.57%, less than FSOL's 2.03% yield.

Position	TTM
FSOL Fidelity Solana Fund	2.03%
SOEZ Franklin Solana ETF	0.57%

Frequently Asked Questions

Can I hold both SOEZ and FSOL in my portfolio?

With a correlation of 1.00, SOEZ and FSOL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SOEZ or FSOL?

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 FSOL?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.25% for FSOL.

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

FSOL has the higher dividend yield at 2.03%, compared with 0.57% for SOEZ.

What is the main difference between SOEZ and FSOL?

They also come from different issuers: Franklin and Fidelity. Their fees differ too: 0.19% for SOEZ and 0.25% for FSOL.