SOLZ vs. BFOC

Last updated Jun 4, 2026

SOLZ (Solana ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - SOLZ is a Cryptocurrency fund actively managed by Volatility Shares, while BFOC is a Defined Outcome fund actively managed by First Trust. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. SOLZ charges 0.95%/yr vs 0.90%/yr for BFOC.

Performance

SOLZ vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Solana ETF (SOLZ) 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, SOLZ achieves a -42.90% return, which is significantly lower than BFOC's -7.39% return.

SOLZ

• 1D: -4.69%
• 1M: -15.18%
• YTD: -42.90%
• 6M: -50.08%
• 1Y: -59.43%
• 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)

SOLZ vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
SOLZ Solana ETF	-42.90%	-45.23%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-9.76%

Correlation

The correlation between SOLZ and BFOC is 0.83, 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 Oct 2, 2025	0.83

Return for Risk

SOLZ vs. BFOC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOLZ

SOLZ Risk / Return Rank: 2
SOLZ Sharpe Ratio Rank: 3
SOLZ Sortino Ratio Rank: 2
SOLZ Omega Ratio Rank: 3
SOLZ Calmar Ratio Rank: 2
SOLZ Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOLZ vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Solana ETF (SOLZ) 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.

	SOLZ	BFOC	Difference
Sharpe ratio: Return per unit of total volatility	-0.81	—	—
Sortino ratio: Return per unit of downside risk	-1.18	—	—
Omega ratio: Gain probability vs. loss probability	0.87	—	—
Calmar ratio: Return relative to maximum drawdown	-0.82	—	—
Martin ratio: Return relative to average drawdown	-1.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SOLZ	BFOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.58	-1.88	+1.30

Drawdowns

SOLZ vs. BFOC - Drawdown Comparison

The maximum SOLZ drawdown since its inception was -72.41%, which is greater than BFOC's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for SOLZ and BFOC.

Drawdown Indicators

	SOLZ	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-72.41%	-18.20%	-54.21%
Max Drawdown (1Y) Largest decline over 1 year	-72.41%	—	—
Current Drawdown Current decline from peak	-72.41%	-18.20%	-54.21%
Average Drawdown Average peak-to-trough decline	-34.11%	-12.52%	-21.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.03%	—	—

Volatility

Volatility by Period

	SOLZ	BFOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	50.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	74.02%	12.61%	+61.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.07%	12.61%	+63.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.07%	12.61%	+63.46%

SOLZ vs. BFOC - Expense Ratio Comparison

SOLZ has a 0.95% expense ratio, which is higher than BFOC's 0.90% expense ratio.

Dividends

SOLZ vs. BFOC - Dividend Comparison

SOLZ's dividend yield for the trailing twelve months is around 3.92%, while BFOC has not paid dividends to shareholders.

Position	TTM	2025
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	0.00%	0.00%
SOLZ Solana ETF	3.92%	1.75%

Frequently Asked Questions

Can I hold both SOLZ and BFOC in my portfolio?

SOLZ and BFOC have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLZ or BFOC?

On fees, BFOC 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, SOLZ or BFOC?

BFOC is cheaper with a 0.90% expense ratio, compared with 0.95% for SOLZ.

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

SOLZ has the higher dividend yield at 3.92%, compared with 0.00% for BFOC.

What is the main difference between SOLZ and BFOC?

SOLZ is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: Volatility Shares and First Trust. Their fees differ too: 0.95% for SOLZ and 0.90% for BFOC.