TSOL vs. SOEZ

Last updated Jul 12, 2026

TSOL (21Shares Solana ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. TSOL charges 0.21%/yr vs 0.19%/yr for SOEZ.

Performance

TSOL vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Solana ETF (TSOL) 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 TSOL having a -36.57% return and SOEZ slightly higher at -35.37%.

TSOL

• 1D: -0.26%
• 1M: 16.71%
• 6M: -41.93%
• YTD: -36.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -0.12%
• 1M: 17.14%
• 6M: -40.86%
• YTD: -35.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSOL vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
TSOL 21Shares Solana ETF	-36.57%	-10.19%
SOEZ Franklin Solana ETF	-35.37%	-11.69%

Correlation

The correlation between TSOL and SOEZ is 1.00 - 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	1.00

Return for Risk

TSOL vs. SOEZ - Risk-Adjusted Trends Comparison

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

Drawdowns

TSOL vs. SOEZ - Drawdown Comparison

The maximum TSOL drawdown since its inception was -56.62%, roughly equal to the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for TSOL and SOEZ.

Drawdown Indicators

	TSOL	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-56.62%	-56.14%	-0.48%
Current Drawdown Current decline from peak	-46.61%	-45.69%	-0.92%
Average Drawdown Average peak-to-trough decline	-32.55%	-33.78%	+1.23%

Volatility

Volatility by Period

	TSOL	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	72.99%	70.86%	+2.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.99%	70.86%	+2.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.99%	70.86%	+2.13%

TSOL vs. SOEZ - Expense Ratio Comparison

TSOL has a 0.21% expense ratio, which is higher than SOEZ's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TSOL vs. SOEZ - Dividend Comparison

TSOL's dividend yield for the trailing twelve months is around 4.90%, more than SOEZ's 0.85% yield.

Position	TTM
SOEZ Franklin Solana ETF	0.85%
TSOL 21Shares Solana ETF	4.90%

Frequently Asked Questions

Can I hold both TSOL and SOEZ in my portfolio?

With a correlation of 1.00, TSOL 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, TSOL 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, TSOL or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.21% for TSOL.

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

TSOL has the higher dividend yield at 4.90%, compared with 0.85% for SOEZ.

What is the main difference between TSOL and SOEZ?

They also come from different issuers: 21Shares and Franklin. Their fees differ too: 0.21% for TSOL and 0.19% for SOEZ.