THYP vs. SOEZ
THYP (21Shares Hyperliquid ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. THYP is passively managed, while SOEZ is actively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. THYP charges 0.30%/yr vs 0.19%/yr for SOEZ.
Performance
THYP vs. SOEZ - Performance Comparison
Loading charts...
Returns By Period
THYP
- 1D
- 1.84%
- 1M
- -16.28%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SOEZ
- 1D
- 0.23%
- 1M
- -7.83%
- 6M
- -24.32%
- YTD
- -38.34%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $83.53K | $76.74K | $179.41K | |
| $1.58M | $2.41M | $8.70M |
THYP vs. SOEZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
THYP 21Shares Hyperliquid ETF | 28.73% |
SOEZ Franklin Solana ETF | -23.65% |
Correlation
The correlation between THYP and SOEZ is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 12, 2026 | 0.61 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
THYP vs. SOEZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Hyperliquid ETF (THYP) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
THYP vs. SOEZ - Drawdown Comparison
The maximum THYP drawdown since its inception was -29.14%, smaller than the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for THYP and SOEZ.
Loading charts...
Drawdown Indicators
| THYP | SOEZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.14% | -56.14% | +27.00% |
Current DrawdownCurrent decline from peak | -24.69% | -48.18% | +23.49% |
Average DrawdownAverage peak-to-trough decline | -11.55% | -35.17% | +23.62% |
Volatility
THYP vs. SOEZ - Volatility Comparison
Loading charts...
Volatility by Period
| THYP | SOEZ | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 93.29% | 67.99% | +25.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.29% | 67.99% | +25.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 93.29% | 67.99% | +25.30% |
THYP vs. SOEZ - Expense Ratio Comparison
THYP has a 0.30% expense ratio, which is higher than SOEZ's 0.19% expense ratio.
Dividends
THYP vs. SOEZ - Dividend Comparison
THYP's dividend yield for the trailing twelve months is around 0.12%, less than SOEZ's 1.84% yield.
| Position | TTM |
|---|---|
SOEZ Franklin Solana ETF | 1.84% |
THYP 21Shares Hyperliquid ETF | 0.12% |
Frequently Asked Questions
THYP and SOEZ have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
SOEZ is cheaper with a 0.19% expense ratio, compared with 0.30% for THYP.
SOEZ has the higher dividend yield at 1.84%, compared with 0.12% for THYP.
They also come from different issuers: 21Shares and Franklin. Their fees differ too: 0.30% for THYP and 0.19% for SOEZ.
Find the right allocation for THYP and SOEZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer