SOLX.TO vs. BFJL

Last updated Jul 1, 2026

SOLX.TO (CI Galaxy Solana ETF) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - SOLX.TO is a Cryptocurrency fund managed by CI, while BFJL is a Defined Outcome fund managed by First Trust. At a 0.43 correlation, their price movements are largely independent. SOLX.TO charges 1.00%/yr vs 0.90%/yr for BFJL.

Performance

SOLX.TO vs. BFJL - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in CI Galaxy Solana ETF (SOLX.TO) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

In the year-to-date period, SOLX.TO achieves a -41.33% return, which is significantly lower than BFJL's -4.06% return.

SOLX.TO

• 1D: -1.63%
• 1M: -9.95%
• YTD: -41.33%
• 6M: -40.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFJL

• 1D: 0.14%
• 1M: 3.21%
• YTD: -4.06%
• 6M: -4.15%
• 1Y: -10.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOLX.TO vs. BFJL - Yearly Performance Comparison

	2026 (YTD)	2025
SOLX.TO CI Galaxy Solana ETF	-41.33%	-40.68%
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-4.06%	-9.15%

Correlation

The correlation between SOLX.TO and BFJL is 0.43, 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 Sep 2, 2025	0.43

Return for Risk

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

This table presents a comparison of risk-adjusted performance metrics for CI Galaxy Solana ETF (SOLX.TO) 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.

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

Drawdowns

SOLX.TO vs. BFJL - Drawdown Comparison

The maximum SOLX.TO drawdown since its inception was -75.14%, which is greater than BFJL's maximum drawdown of -22.89%. Use the drawdown chart below to compare losses from any high point for SOLX.TO and BFJL.

Drawdown Indicators

	SOLX.TO	BFJL	Difference
Max Drawdown Largest peak-to-trough decline	-75.14%	-22.89%	-52.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.89%	—
Current Drawdown Current decline from peak	-71.16%	-19.70%	-51.46%
Average Drawdown Average peak-to-trough decline	-49.83%	-12.87%	-36.96%

Volatility

Volatility by Period

	SOLX.TO	BFJL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	76.08%	14.00%	+62.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.08%	14.00%	+62.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.08%	14.00%	+62.08%

SOLX.TO vs. BFJL - Expense Ratio Comparison

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

Dividends

SOLX.TO vs. BFJL - Dividend Comparison

SOLX.TO has not paid dividends to shareholders, while BFJL's dividend yield for the trailing twelve months is around 1.46%.

Position	TTM	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.46%	1.35%
SOLX.TO CI Galaxy Solana ETF	0.83%	0.49%

Frequently Asked Questions

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

SOLX.TO and BFJL have a correlation of 0.43, 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 BFJL?

On fees, BFJL 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 BFJL?

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

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

SOLX.TO is categorized as Cryptocurrency, while BFJL is Defined Outcome. They also come from different issuers: CI and First Trust. Their fees differ too: 1.00% for SOLX.TO and 0.90% for BFJL.