SOLC vs. BFJL
SOLC (Canary Marinade Solana ETF) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - SOLC is a Cryptocurrency fund actively managed by Canary, while BFJL is a Defined Outcome fund tracking the iShares Bitcoin Trust ETF (IBIT). SOLC is actively managed, while BFJL is passively managed. Their 0.75 correlation means they have sometimes moved together and sometimes differently. SOLC charges 0.50%/yr vs 0.90%/yr for BFJL.
Performance
SOLC vs. BFJL - Performance Comparison
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Returns By Period
In the year-to-date period, SOLC achieves a -39.04% return, which is significantly lower than BFJL's -5.11% return.
SOLC
- 1D
- -2.10%
- 1M
- -9.20%
- 6M
- -35.48%
- YTD
- -39.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BFJL
- 1D
- -1.29%
- 1M
- 1.35%
- 6M
- -3.14%
- YTD
- -5.11%
- 1Y
- -14.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -11.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.56K | $8.09K | $4.95K | |
| $34.78K | $25.16K | $33.72K |
SOLC vs. BFJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOLC Canary Marinade Solana ETF | -39.04% | -9.47% |
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July | -5.11% | -2.46% |
Correlation
The correlation between SOLC and BFJL is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.75 |
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Return for Risk
SOLC vs. BFJL — Risk / Return Rank
SOLC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BFJL
SOLC vs. BFJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Canary Marinade Solana ETF (SOLC) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). 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.
| SOLC | BFJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.81 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.74 | — |
| Martin ratioReturn relative to average drawdown | — | -1.00 | — |
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Drawdowns
SOLC vs. BFJL - Drawdown Comparison
The maximum SOLC drawdown since its inception was -55.91%, which is greater than BFJL's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for SOLC and BFJL.
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Drawdown Indicators
| SOLC | BFJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.91% | -21.27% | -34.64% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.27% | — |
Current DrawdownCurrent decline from peak | -48.79% | -19.01% | -29.78% |
Average DrawdownAverage peak-to-trough decline | -33.32% | -12.90% | -20.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 15.74% | — |
Volatility
SOLC vs. BFJL - Volatility Comparison
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Volatility by Period
| SOLC | BFJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.54% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 70.31% | 13.20% | +57.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.31% | 13.17% | +57.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.31% | 13.17% | +57.14% |
SOLC vs. BFJL - Expense Ratio Comparison
SOLC has a 0.50% expense ratio, which is lower than BFJL's 0.90% expense ratio.
Dividends
SOLC vs. BFJL - Dividend Comparison
SOLC has not paid dividends to shareholders, while BFJL's dividend yield for the trailing twelve months is around 1.42%.
| Position | TTM | 2025 |
|---|---|---|
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July | 1.42% | 1.35% |
SOLC Canary Marinade Solana ETF | 0.00% | 0.00% |
Frequently Asked Questions
SOLC and BFJL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SOLC is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SOLC is cheaper with a 0.50% expense ratio, compared with 0.90% for BFJL.
BFJL has the higher dividend yield at 1.42%, compared with 0.00% for SOLC.
SOLC is categorized as Cryptocurrency, while BFJL is Defined Outcome. They also come from different issuers: Canary and First Trust. Their fees differ too: 0.50% for SOLC and 0.90% for BFJL.
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