SOLZ vs. ARKW
SOLZ (Solana ETF) and ARKW (ARK Next Generation Internet ETF) are both exchange-traded funds - SOLZ is a Cryptocurrency fund actively managed by Volatility Shares, while ARKW is a Mid Cap Growth Equities fund actively managed by ARK. Both are actively managed. Over the past year, SOLZ returned -59.43% vs 19.55% for ARKW. A 0.60 correlation means they provide meaningful diversification when combined. SOLZ charges 0.95%/yr vs 0.76%/yr for ARKW.
Performance
SOLZ vs. ARKW - Performance Comparison
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Returns By Period
In the year-to-date period, SOLZ achieves a -42.90% return, which is significantly lower than ARKW's -0.79% return.
SOLZ
- 1D
- -4.69%
- 1M
- -15.18%
- YTD
- -42.90%
- 6M
- -50.08%
- 1Y
- -59.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKW
- 1D
- -2.98%
- 1M
- 2.53%
- YTD
- -0.79%
- 6M
- -3.36%
- 1Y
- 19.55%
- 3Y*
- 40.12%
- 5Y*
- 1.89%
- 10Y*
- 22.99%
SOLZ vs. ARKW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SOLZ Solana ETF | -42.90% | -12.47% |
ARKW ARK Next Generation Internet ETF | -0.79% | 52.76% |
Correlation
The correlation between SOLZ and ARKW is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2025 | 0.60 |
The correlation between SOLZ and ARKW has been stable across timeframes, ranging from 0.60 to 0.62 - a consistent structural relationship.
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Return for Risk
SOLZ vs. ARKW — Risk / Return Rank
SOLZ
ARKW
SOLZ vs. ARKW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana ETF (SOLZ) and ARK Next Generation Internet ETF (ARKW). 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.
| SOLZ | ARKW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.12 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 0.54 | -1.36 |
| Martin ratioReturn relative to average drawdown | -1.29 | 1.12 | -2.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SOLZ | ARKW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.81 | 0.60 | -1.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.04 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.58 | 0.58 | -1.15 |
Drawdowns
SOLZ vs. ARKW - Drawdown Comparison
The maximum SOLZ drawdown since its inception was -72.41%, smaller than the maximum ARKW drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for SOLZ and ARKW.
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Drawdown Indicators
| SOLZ | ARKW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.41% | -80.52% | +8.11% |
Max Drawdown (1Y)Largest decline over 1 year | -72.41% | -36.21% | -36.20% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.21% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.36% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.52% | — |
Current DrawdownCurrent decline from peak | -72.41% | -20.48% | -51.93% |
Average DrawdownAverage peak-to-trough decline | -34.11% | -23.98% | -10.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.03% | 17.52% | +28.51% |
Volatility
SOLZ vs. ARKW - Volatility Comparison
Solana ETF (SOLZ) has a higher volatility of 16.15% compared to ARK Next Generation Internet ETF (ARKW) at 7.95%. This indicates that SOLZ's price experiences larger fluctuations and is considered to be riskier than ARKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOLZ | ARKW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.15% | 7.95% | +8.20% |
Volatility (6M)Calculated over the trailing 6-month period | 50.76% | 23.54% | +27.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.02% | 32.93% | +41.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.07% | 43.49% | +32.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.07% | 37.69% | +38.38% |
SOLZ vs. ARKW - Expense Ratio Comparison
SOLZ has a 0.95% expense ratio, which is higher than ARKW's 0.76% expense ratio.
Dividends
SOLZ vs. ARKW - Dividend Comparison
SOLZ's dividend yield for the trailing twelve months is around 3.92%, more than ARKW's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKW ARK Next Generation Internet ETF | 1.60% | 1.59% | 0.00% | 0.00% | 0.00% | 0.17% | 1.29% | 0.00% | 13.05% | 2.05% | 0.00% | 2.29% |
SOLZ Solana ETF | 3.92% | 1.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SOLZ and ARKW have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOLZ has higher volatility (16.15%) compared to ARKW (7.95%). In terms of maximum drawdown, SOLZ dropped -72.41% vs ARKW's -80.52%.
On 1-year performance, ARKW leads with 19.55% vs -59.43% for SOLZ. On fees, ARKW is cheaper at 0.76% per year. On volatility, ARKW has been the lower-risk option at 7.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ARKW has performed better with a 19.55% return vs -59.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARKW is cheaper with a 0.76% expense ratio, compared with 0.95% for SOLZ.
SOLZ has the higher dividend yield at 3.92%, compared with 1.60% for ARKW.
SOLZ is categorized as Cryptocurrency, while ARKW is Mid Cap Growth Equities. They also come from different issuers: Volatility Shares and ARK. Their fees differ too: 0.95% for SOLZ and 0.76% for ARKW.
ARKW currently has the higher Sharpe Ratio (0.60 vs -0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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