SOLX.TO vs. ARKD

Last updated Jun 4, 2026

SOLX.TO (CI Galaxy Solana ETF) and ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) are both Cryptocurrency funds. At a 0.27 correlation, their price movements are largely independent. SOLX.TO charges 1.00%/yr vs 0.90%/yr for ARKD.

Performance

SOLX.TO vs. ARKD - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Solana ETF (SOLX.TO) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SOLX.TO is traded in CAD, while ARKD is traded in USD. To make them comparable, the ARKD values have been converted to CAD using the latest available exchange rates.

Returns By Period

SOLX.TO

• 1D: -2.37%
• 1M: -9.51%
• YTD: -39.87%
• 6M: -49.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKD

• 1D: -1.03%
• 1M: 1.53%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOLX.TO vs. ARKD - Yearly Performance Comparison

	2026 (YTD)
SOLX.TO CI Galaxy Solana ETF	-39.87%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-0.84%

Correlation

The correlation between SOLX.TO and ARKD is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026	0.27

Return for Risk

SOLX.TO vs. ARKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Solana ETF (SOLX.TO) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). 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

	SOLX.TO	ARKD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.02	-0.11	-0.91

Drawdowns

SOLX.TO vs. ARKD - Drawdown Comparison

The maximum SOLX.TO drawdown since its inception was -70.44%, which is greater than ARKD's maximum drawdown of -13.72%. Use the drawdown chart below to compare losses from any high point for SOLX.TO and ARKD.

Drawdown Indicators

	SOLX.TO	ARKD	Difference
Max Drawdown Largest peak-to-trough decline	-70.44%	-13.72%	-56.72%
Current Drawdown Current decline from peak	-70.44%	-4.35%	-66.09%
Average Drawdown Average peak-to-trough decline	-47.74%	-7.17%	-40.57%

Volatility

Volatility by Period

	SOLX.TO	ARKD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.25%	19.09%	+54.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.25%	19.09%	+54.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.25%	19.09%	+54.16%

SOLX.TO vs. ARKD - Expense Ratio Comparison

SOLX.TO has a 1.00% expense ratio, which is higher than ARKD's 0.90% expense ratio.

Dividends

SOLX.TO vs. ARKD - Dividend Comparison

Neither SOLX.TO nor ARKD has paid dividends to shareholders.

Position	TTM	2025
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%
SOLX.TO CI Galaxy Solana ETF	0.81%	0.49%

Frequently Asked Questions

Can I hold both SOLX.TO and ARKD in my portfolio?

SOLX.TO and ARKD have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLX.TO or ARKD?

On fees, ARKD is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOLX.TO or ARKD?

ARKD is cheaper with a 0.90% expense ratio, compared with 1.00% for SOLX.TO.

What is the main difference between SOLX.TO and ARKD?

They also come from different issuers: CI and ARK. Their fees differ too: 1.00% for SOLX.TO and 0.90% for ARKD.