VAVX vs. GSOL

Last updated Jun 4, 2026

VAVX (VanEck Avalanche ETF) and GSOL (Grayscale Solana Staking ETF) are both Cryptocurrency funds. VAVX is passively managed, while GSOL is actively managed. Their correlation of 0.80 suggests significant overlap in exposure. VAVX charges 0.20%/yr vs 0.35%/yr for GSOL.

Performance

VAVX vs. GSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Avalanche ETF (VAVX) and Grayscale Solana Staking ETF (GSOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VAVX

• 1D: -3.50%
• 1M: -12.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSOL

• 1D: -4.43%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VAVX vs. GSOL - Yearly Performance Comparison

	2026 (YTD)
VAVX VanEck Avalanche ETF	-9.72%
GSOL Grayscale Solana Staking ETF	-12.36%

Correlation

The correlation between VAVX and GSOL is 0.80, 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 May 29, 2026	0.80

Return for Risk

VAVX vs. GSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Avalanche ETF (VAVX) and Grayscale Solana Staking ETF (GSOL). 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

	VAVX	GSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-2.23	+1.26

Drawdowns

VAVX vs. GSOL - Drawdown Comparison

The maximum VAVX drawdown since its inception was -32.73%, which is greater than GSOL's maximum drawdown of -12.36%. Use the drawdown chart below to compare losses from any high point for VAVX and GSOL.

Drawdown Indicators

	VAVX	GSOL	Difference
Max Drawdown Largest peak-to-trough decline	-32.73%	-12.36%	-20.37%
Current Drawdown Current decline from peak	-32.73%	-12.36%	-20.37%
Average Drawdown Average peak-to-trough decline	-21.87%	-5.53%	-16.34%

Volatility

Volatility by Period

	VAVX	GSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	65.98%	51.66%	+14.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.98%	51.66%	+14.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.98%	51.66%	+14.32%

VAVX vs. GSOL - Expense Ratio Comparison

VAVX has a 0.20% expense ratio, which is lower than GSOL's 0.35% expense ratio.

Dividends

VAVX vs. GSOL - Dividend Comparison

Neither VAVX nor GSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VAVX and GSOL in my portfolio?

VAVX and GSOL have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VAVX or GSOL?

On fees, VAVX is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VAVX or GSOL?

VAVX is cheaper with a 0.20% expense ratio, compared with 0.35% for GSOL.

Which ETF pays a higher dividend yield, VAVX or GSOL?

VAVX and GSOL have nearly identical dividend yields, around 0.00%.

What is the main difference between VAVX and GSOL?

They also come from different issuers: VanEck and Grayscale. Their fees differ too: 0.20% for VAVX and 0.35% for GSOL.