TTOP vs. SOEZ

Last updated Jun 5, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. TTOP is passively managed, while SOEZ is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. TTOP charges 0.50%/yr vs 0.19%/yr for SOEZ.

Performance

TTOP vs. SOEZ - Performance Comparison

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

Returns By Period

In the year-to-date period, TTOP achieves a -29.56% return, which is significantly higher than SOEZ's -43.12% return.

TTOP

• 1D: -2.60%
• 1M: -21.01%
• YTD: -29.56%
• 6M: -34.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -3.99%
• 1M: -20.02%
• YTD: -43.12%
• 6M: -49.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTOP vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
TTOP 21Shares FTSE Crypto 10 Index ETF	-29.56%	-7.74%
SOEZ Franklin Solana ETF	-43.12%	-11.97%

Correlation

The correlation between TTOP and SOEZ is 0.92, 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 Dec 4, 2025	0.92

Return for Risk

TTOP vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares FTSE Crypto 10 Index ETF (TTOP) 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

	TTOP	SOEZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.11	-1.10	-0.01

Drawdowns

TTOP vs. SOEZ - Drawdown Comparison

The maximum TTOP drawdown since its inception was -37.44%, smaller than the maximum SOEZ drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for TTOP and SOEZ.

Drawdown Indicators

	TTOP	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-37.44%	-52.20%	+14.76%
Current Drawdown Current decline from peak	-37.44%	-52.20%	+14.76%
Average Drawdown Average peak-to-trough decline	-20.78%	-30.97%	+10.19%

Volatility

Volatility by Period

	TTOP	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	52.11%	68.82%	-16.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.11%	68.82%	-16.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.11%	68.82%	-16.71%

TTOP vs. SOEZ - Expense Ratio Comparison

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

Dividends

TTOP vs. SOEZ - Dividend Comparison

TTOP has not paid dividends to shareholders, while SOEZ's dividend yield for the trailing twelve months is around 0.59%.

Position	TTM
SOEZ Franklin Solana ETF	0.59%
TTOP 21Shares FTSE Crypto 10 Index ETF	0.00%

Frequently Asked Questions

Can I hold both TTOP and SOEZ in my portfolio?

With a correlation of 0.92, TTOP 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, TTOP 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, TTOP or SOEZ?

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

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

SOEZ has the higher dividend yield at 0.59%, compared with 0.00% for TTOP.

What is the main difference between TTOP and SOEZ?

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