SOLM vs. BSOL

Last updated Aug 4, 2026

SOLM (Amplify Solana 3% Monthly Option Income ETF) and BSOL (Bitwise Solana Staking ETF) are both exchange-traded funds - SOLM is a Derivative Income fund actively managed by Amplify, while BSOL is a Cryptocurrency fund tracking the Solana (SOL) spot price. SOLM is actively managed, while BSOL is passively managed. Their 0.99 correlation means they have historically moved very closely together. SOLM charges 0.75%/yr vs 0.20%/yr for BSOL.

Performance

SOLM vs. BSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Solana 3% Monthly Option Income ETF (SOLM) and Bitwise Solana Staking ETF (BSOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLM achieves a -46.49% return, which is significantly lower than BSOL's -38.35% return.

SOLM

• 1D: 1.61%
• 1M: -7.98%
• 6M: -35.08%
• YTD: -46.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BSOL

• 1D: 1.40%
• 1M: -8.01%
• 6M: -26.63%
• YTD: -38.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BSOL Bitwise Solana Staking ETF	$23.82M	$26.84M	$27.98M
SOLM Amplify Solana 3% Monthly Option Income ETF	$18.23K	$25.78K	$52.76K

SOLM vs. BSOL - Yearly Performance Comparison

	2026 (YTD)	2025
SOLM Amplify Solana 3% Monthly Option Income ETF	-46.49%	-19.93%
BSOL Bitwise Solana Staking ETF	-38.35%	-23.72%

Correlation

The correlation between SOLM and BSOL is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.99

Return for Risk

SOLM vs. BSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Solana 3% Monthly Option Income ETF (SOLM) and Bitwise Solana Staking ETF (BSOL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

SOLM vs. BSOL - Drawdown Comparison

The maximum SOLM drawdown since its inception was -63.44%, smaller than the maximum BSOL drawdown of -67.62%. Use the drawdown chart below to compare losses from any high point for SOLM and BSOL.

Drawdown Indicators

	SOLM	BSOL	Difference
Max Drawdown Largest peak-to-trough decline	-63.44%	-67.62%	+4.18%
Current Drawdown Current decline from peak	-58.61%	-61.85%	+3.24%
Average Drawdown Average peak-to-trough decline	-40.32%	-49.03%	+8.71%

Volatility

Volatility by Period

	SOLM	BSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	65.70%	73.43%	-7.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.70%	73.43%	-7.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.70%	73.43%	-7.73%

SOLM vs. BSOL - Expense Ratio Comparison

SOLM has a 0.75% expense ratio, which is higher than BSOL's 0.20% expense ratio.

Dividends

SOLM vs. BSOL - Dividend Comparison

SOLM's dividend yield for the trailing twelve months is around 44.58%, while BSOL has not paid dividends to shareholders.

Position	TTM	2025
BSOL Bitwise Solana Staking ETF	0.00%	0.00%
SOLM Amplify Solana 3% Monthly Option Income ETF	44.58%	6.44%

Frequently Asked Questions

Can I hold both SOLM and BSOL in my portfolio?

With a correlation of 0.99, SOLM and BSOL 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, SOLM or BSOL?

On fees, BSOL is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOLM or BSOL?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.75% for SOLM.

Which ETF pays a higher dividend yield, SOLM or BSOL?

SOLM has the higher dividend yield at 44.58%, compared with 0.00% for BSOL.

What is the main difference between SOLM and BSOL?

SOLM is categorized as Derivative Income, while BSOL is Cryptocurrency. They also come from different issuers: Amplify and Bitwise. Their fees differ too: 0.75% for SOLM and 0.20% for BSOL.