SSK vs. SOEZ

Last updated Jul 18, 2026

SSK (REX-Osprey SOL + Staking ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. SSK is passively managed, while SOEZ is actively managed. With a 0.99 correlation, they move nearly in lockstep. SSK charges 0.75%/yr vs 0.19%/yr for SOEZ.

Performance

SSK vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX-Osprey SOL + Staking ETF (SSK) and Franklin Solana ETF (SOEZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SSK having a -37.76% return and SOEZ slightly higher at -37.60%.

SSK

• 1D: -0.78%
• 1M: 5.38%
• 6M: -46.85%
• YTD: -37.76%
• 1Y: -56.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -0.72%
• 1M: 5.39%
• 6M: -46.66%
• YTD: -37.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SSK vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
SSK REX-Osprey SOL + Staking ETF	-37.76%	-10.21%
SOEZ Franklin Solana ETF	-37.60%	-11.69%

Correlation

The correlation between SSK and SOEZ is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.99

Return for Risk

SSK vs. SOEZ — Risk / Return Rank

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

SSK

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

SOEZ

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

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.

SSK vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey SOL + Staking ETF (SSK) and Franklin Solana ETF (SOEZ). 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.

	SSK	SOEZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	—	—
Sortino ratio: Return per unit of downside risk	-1.10	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.77	—	—
Martin ratio: Return relative to average drawdown	-1.13	—	—

Drawdowns

SSK vs. SOEZ - Drawdown Comparison

The maximum SSK drawdown since its inception was -73.56%, which is greater than SOEZ's maximum drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for SSK and SOEZ.

Drawdown Indicators

	SSK	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-73.56%	-56.14%	-17.42%
Max Drawdown (1Y) Largest decline over 1 year	-73.56%	—	—
Current Drawdown Current decline from peak	-68.45%	-47.56%	-20.89%
Average Drawdown Average peak-to-trough decline	-42.05%	-34.20%	-7.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.09%	—	—

Volatility

Volatility by Period

	SSK	SOEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	53.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	72.13%	69.98%	+2.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.24%	69.98%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.24%	69.98%	+1.26%

SSK vs. SOEZ - Expense Ratio Comparison

SSK has a 0.75% expense ratio, which is higher than SOEZ's 0.19% expense ratio.

Dividends

SSK vs. SOEZ - Dividend Comparison

SSK's dividend yield for the trailing twelve months is around 32.72%, more than SOEZ's 0.88% yield.

Position	TTM	2025
SOEZ Franklin Solana ETF	0.88%	0.00%
SSK REX-Osprey SOL + Staking ETF	32.72%	3.63%

Frequently Asked Questions

Can I hold both SSK and SOEZ in my portfolio?

With a correlation of 0.99, SSK and SOEZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SSK or SOEZ?

On fees, SOEZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SSK or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.75% for SSK.

Which ETF pays a higher dividend yield, SSK or SOEZ?

SSK has the higher dividend yield at 32.72%, compared with 0.88% for SOEZ.

What is the main difference between SSK and SOEZ?

They also come from different issuers: REX-Osprey and Franklin. Their fees differ too: 0.75% for SSK and 0.19% for SOEZ.