SOLC vs. BFOC

Last updated Jun 4, 2026

SOLC (Canary Marinade Solana ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - SOLC is a Cryptocurrency fund actively managed by Canary, while BFOC is a Defined Outcome fund actively managed by First Trust. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. SOLC charges 0.50%/yr vs 0.90%/yr for BFOC.

Performance

SOLC vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Marinade Solana ETF (SOLC) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLC achieves a -40.57% return, which is significantly lower than BFOC's -7.39% return.

SOLC

• 1D: -4.59%
• 1M: -14.43%
• YTD: -40.57%
• 6M: -47.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOLC vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
SOLC Canary Marinade Solana ETF	-40.57%	-11.89%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-2.00%

Correlation

The correlation between SOLC and BFOC is 0.81, 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 Nov 19, 2025	0.81

Return for Risk

SOLC vs. BFOC - 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 - October (BFOC). 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

	SOLC	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	-1.88	+0.89

Drawdowns

SOLC vs. BFOC - Drawdown Comparison

The maximum SOLC drawdown since its inception was -50.08%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for SOLC and BFOC.

Drawdown Indicators

	SOLC	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-50.08%	-18.20%	-31.88%
Current Drawdown Current decline from peak	-50.08%	-18.20%	-31.88%
Average Drawdown Average peak-to-trough decline	-28.95%	-12.52%	-16.43%

Volatility

Volatility by Period

	SOLC	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	71.53%	12.61%	+58.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.53%	12.61%	+58.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.53%	12.61%	+58.92%

SOLC vs. BFOC - Expense Ratio Comparison

SOLC has a 0.50% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

SOLC vs. BFOC - Dividend Comparison

Neither SOLC nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SOLC and BFOC in my portfolio?

SOLC and BFOC have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLC or BFOC?

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.

Which ETF is cheaper, SOLC or BFOC?

SOLC is cheaper with a 0.50% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, SOLC or BFOC?

SOLC and BFOC have nearly identical dividend yields, around 0.00%.

What is the main difference between SOLC and BFOC?

SOLC is categorized as Cryptocurrency, while BFOC 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 BFOC.