VCMDX vs. FSOL

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) and Fidelity Solana Fund (FSOL).

VCMDX is managed by Vanguard. It was launched on Jun 25, 2019. FSOL is an actively managed fund by Fidelity. It was launched on Nov 17, 2025.

Performance

VCMDX vs. FSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) and Fidelity Solana Fund (FSOL). The values are adjusted to include any dividend payments, if applicable.

VCMDX vs. FSOL - Yearly Performance Comparison

	2026 (YTD)	2025
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	18.30%	1.48%
FSOL Fidelity Solana Fund	-32.70%	-11.84%

Returns By Period

In the year-to-date period, VCMDX achieves a 18.30% return, which is significantly higher than FSOL's -32.70% return.

VCMDX

• 1D: 0.39%
• 1M: 6.43%
• YTD: 18.30%
• 6M: 24.60%
• 1Y: 26.59%
• 3Y*: 12.12%
• 5Y*: 14.20%
• 10Y*: —

FSOL

• 1D: 0.52%
• 1M: 1.67%
• YTD: -32.70%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VCMDX vs. FSOL - Expense Ratio Comparison

VCMDX has a 0.20% expense ratio, which is lower than FSOL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FSOL

Fidelity Solana Fund

VCMDX

Vanguard Commodity Strategy Fund Admiral Shares

Return for Risk

VCMDX vs. FSOL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VCMDX

VCMDX Risk / Return Rank: 88
VCMDX Sharpe Ratio Rank: 88
VCMDX Sortino Ratio Rank: 86
VCMDX Omega Ratio Rank: 83
VCMDX Calmar Ratio Rank: 94
VCMDX Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VCMDX vs. FSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) and Fidelity Solana Fund (FSOL). 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.

	VCMDX	FSOL	Difference
Sharpe ratio Return per unit of total volatility	1.76	—	—
Sortino ratio Return per unit of downside risk	2.25	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	3.10	—	—
Martin ratio Return relative to average drawdown	9.46	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VCMDX	FSOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	-0.95	+1.79

Correlation

The correlation between VCMDX and FSOL is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

VCMDX vs. FSOL - Dividend Comparison

VCMDX's dividend yield for the trailing twelve months is around 12.86%, more than FSOL's 0.66% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
VCMDX Vanguard Commodity Strategy Fund Admiral Shares	12.86%	15.21%	2.19%	2.50%	14.21%	30.56%	0.50%	0.60%
FSOL Fidelity Solana Fund	0.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VCMDX vs. FSOL - Drawdown Comparison

The maximum VCMDX drawdown since its inception was -26.67%, smaller than the maximum FSOL drawdown of -47.76%. Use the drawdown chart below to compare losses from any high point for VCMDX and FSOL.

Drawdown Indicators

	VCMDX	FSOL	Difference
Max Drawdown Largest peak-to-trough decline	-26.67%	-47.76%	+21.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.45%	—	—
Current Drawdown Current decline from peak	-1.31%	-43.57%	+42.26%
Average Drawdown Average peak-to-trough decline	-11.10%	-23.21%	+12.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	—	—

Volatility

Volatility by Period

	VCMDX	FSOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.62%	80.99%	-65.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.81%	80.99%	-65.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	80.99%	-65.59%