TDOG vs. SOEZ

Last updated Jun 4, 2026

TDOG (21Shares Dogecoin ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. TDOG is passively managed, while SOEZ is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. TDOG charges 0.50%/yr vs 0.19%/yr for SOEZ.

Performance

TDOG vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Dogecoin ETF (TDOG) and Franklin Solana ETF (SOEZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDOG

• 1D: -2.41%
• 1M: -17.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -4.56%
• 1M: -14.51%
• YTD: -40.75%
• 6M: -47.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDOG vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)
TDOG 21Shares Dogecoin ETF	-26.19%
SOEZ Franklin Solana ETF	-42.95%

Correlation

The correlation between TDOG and SOEZ 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 Jan 23, 2026	0.83

Return for Risk

TDOG vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Dogecoin ETF (TDOG) 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.

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

Sharpe Ratios by Period

	TDOG	SOEZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.85	-1.07	+0.22

Drawdowns

TDOG vs. SOEZ - Drawdown Comparison

The maximum TDOG drawdown since its inception was -29.24%, smaller than the maximum SOEZ drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for TDOG and SOEZ.

Drawdown Indicators

	TDOG	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-29.24%	-50.21%	+20.97%
Current Drawdown Current decline from peak	-27.22%	-50.21%	+22.99%
Average Drawdown Average peak-to-trough decline	-20.46%	-30.80%	+10.34%

Volatility

Volatility by Period

	TDOG	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	67.14%	68.92%	-1.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.14%	68.92%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.14%	68.92%	-1.78%

TDOG vs. SOEZ - Expense Ratio Comparison

TDOG has a 0.50% expense ratio, which is higher than SOEZ's 0.19% expense ratio.

Dividends

TDOG vs. SOEZ - Dividend Comparison

TDOG has not paid dividends to shareholders, while SOEZ's dividend yield for the trailing twelve months is around 0.57%.

Position	TTM
SOEZ Franklin Solana ETF	0.57%
TDOG 21Shares Dogecoin ETF	0.00%

Frequently Asked Questions

Can I hold both TDOG and SOEZ in my portfolio?

TDOG and SOEZ 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, TDOG 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, TDOG or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.50% for TDOG.

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

SOEZ has the higher dividend yield at 0.57%, compared with 0.00% for TDOG.

What is the main difference between TDOG and SOEZ?

They also come from different issuers: 21Shares and Franklin. Their fees differ too: 0.50% for TDOG and 0.19% for SOEZ.