SOLZ vs. BLOK

Last updated Jul 30, 2026

SOLZ (Solana ETF) and BLOK (Amplify Blockchain Technology ETF) are both exchange-traded funds - SOLZ is a Cryptocurrency fund actively managed by Volatility Shares, while BLOK is a Blockchain fund actively managed by Amplify. Both are actively managed. Over the past year, SOLZ returned -62.81% vs -3.74% for BLOK. Their 0.63 correlation means they have sometimes moved together and sometimes differently. SOLZ charges 0.95%/yr vs 0.70%/yr for BLOK.

Performance

SOLZ vs. BLOK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Solana ETF (SOLZ) and Amplify Blockchain Technology ETF (BLOK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLZ achieves a -42.41% return, which is significantly lower than BLOK's -1.07% return.

SOLZ

• 1D: -2.29%
• 1M: -4.56%
• 6M: -42.81%
• YTD: -42.41%
• 1Y: -62.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -40.67%

BLOK

• 1D: -5.45%
• 1M: -10.79%
• 6M: -11.65%
• YTD: -1.07%
• 1Y: -3.74%
• 3Y*: 33.24%
• 5Y*: 9.06%
• 10Y*: —
• ALL TIME*: 16.32%

*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)
BLOK Amplify Blockchain Technology ETF	$13.08M	$11.21M	$19.66M
SOLZ Solana ETF	$5.01M	$5.69M	$8.57M

SOLZ vs. BLOK - Yearly Performance Comparison

	2026 (YTD)	2025
SOLZ Solana ETF	-42.41%	-14.53%
BLOK Amplify Blockchain Technology ETF	-1.07%	44.12%

Correlation

The correlation between SOLZ and BLOK is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.66
Correlation (All Time) Calculated using the full available price history since Mar 20, 2025	0.63

The correlation between SOLZ and BLOK has been stable across timeframes, ranging from 0.63 to 0.66 - a consistent structural relationship.

Return for Risk

SOLZ vs. BLOK — Risk / Return Rank

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

SOLZ

SOLZ Risk / Return Rank: 3
SOLZ Sharpe Ratio Rank: 2
SOLZ Sortino Ratio Rank: 2
SOLZ Omega Ratio Rank: 2
SOLZ Calmar Ratio Rank: 2
SOLZ Martin Ratio Rank: 4

BLOK

BLOK Risk / Return Rank: 10
BLOK Sharpe Ratio Rank: 9
BLOK Sortino Ratio Rank: 10
BLOK Omega Ratio Rank: 10
BLOK Calmar Ratio Rank: 9
BLOK Martin Ratio Rank: 9

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. BLOK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Solana ETF (SOLZ) and Amplify Blockchain Technology ETF (BLOK). 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.

	SOLZ	BLOK	Difference
Sharpe ratio: Return per unit of total volatility	-0.86	-0.09	-0.77
Sortino ratio: Return per unit of downside risk	-1.37	0.14	-1.51
Omega ratio: Gain probability vs. loss probability	0.85	1.02	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.83	-0.11	-0.73
Martin ratio: Return relative to average drawdown	-1.17	-0.22	-0.95

SOLZ vs. BLOK - Sharpe Ratio Comparison

The current SOLZ Sharpe Ratio is -0.86, which is lower than the BLOK Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of SOLZ and BLOK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SOLZ vs. BLOK - Drawdown Comparison

The maximum SOLZ drawdown since its inception was -75.68%, roughly equal to the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for SOLZ and BLOK.

Drawdown Indicators

	SOLZ	BLOK	Difference
Max Drawdown Largest peak-to-trough decline	-75.68%	-73.33%	-2.35%
Max Drawdown (1Y) Largest decline over 1 year	-75.68%	-35.64%	-40.04%
Max Drawdown (3Y) Largest decline over 3 years	—	-35.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-73.33%	—
Current Drawdown Current decline from peak	-72.17%	-23.52%	-48.65%
Average Drawdown Average peak-to-trough decline	-38.22%	-25.87%	-12.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	53.65%	17.19%	+36.46%

Volatility

SOLZ vs. BLOK - Volatility Comparison

Solana ETF (SOLZ) has a higher volatility of 12.42% compared to Amplify Blockchain Technology ETF (BLOK) at 11.25%. This indicates that SOLZ's price experiences larger fluctuations and is considered to be riskier than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOLZ	BLOK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.42%	11.25%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	50.91%	30.21%	+20.70%
Volatility (1Y) Calculated over the trailing 1-year period	73.12%	39.73%	+33.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.21%	42.41%	+32.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.21%	39.01%	+36.20%

SOLZ vs. BLOK - Expense Ratio Comparison

SOLZ has a 0.95% expense ratio, which is higher than BLOK's 0.70% expense ratio.

Dividends

SOLZ vs. BLOK - Dividend Comparison

SOLZ's dividend yield for the trailing twelve months is around 3.74%, more than BLOK's 0.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Blockchain Technology ETF	0.87%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%
SOLZ Solana ETF	3.74%	1.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOLZ and BLOK in my portfolio?

SOLZ and BLOK have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOLZ or BLOK?

SOLZ has higher volatility (12.42%) compared to BLOK (11.25%). In terms of maximum drawdown, SOLZ dropped -75.68% vs BLOK's -73.33%.

Which ETF is better, SOLZ or BLOK?

On 1-year performance, BLOK leads with -3.74% vs -62.81% for SOLZ. On fees, BLOK is cheaper at 0.70% per year. On volatility, BLOK has been the lower-risk option at 11.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOLZ or BLOK?

Over the 1-year period, BLOK has performed better with a -3.74% return vs -62.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOLZ or BLOK?

BLOK is cheaper with a 0.70% expense ratio, compared with 0.95% for SOLZ.

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

SOLZ has the higher dividend yield at 3.74%, compared with 0.87% for BLOK.

What is the main difference between SOLZ and BLOK?

SOLZ is categorized as Cryptocurrency, while BLOK is Blockchain. They also come from different issuers: Volatility Shares and Amplify. Their fees differ too: 0.95% for SOLZ and 0.70% for BLOK.

Which has better risk-adjusted returns?

BLOK currently has the higher Sharpe Ratio (-0.09 vs -0.86), 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.