VSOL vs. BSOL

Last updated Jun 4, 2026

VSOL (VanEck Solana ETF) and BSOL (Bitwise Solana Staking ETF) are both Cryptocurrency funds. VSOL is actively managed, while BSOL is passively managed. With a 1.00 correlation, they move nearly in lockstep. VSOL charges 0.30%/yr vs 0.20%/yr for BSOL.

Performance

VSOL vs. BSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Solana ETF (VSOL) and Bitwise Solana Staking ETF (BSOL). 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 VSOL having a -40.84% return and BSOL slightly higher at -40.79%.

VSOL

• 1D: -4.61%
• 1M: -14.43%
• YTD: -40.84%
• 6M: -47.89%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSOL

• 1D: -4.71%
• 1M: -14.67%
• YTD: -40.79%
• 6M: -47.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VSOL vs. BSOL - Yearly Performance Comparison

	2026 (YTD)	2025
VSOL VanEck Solana ETF	-40.84%	-4.01%
BSOL Bitwise Solana Staking ETF	-40.79%	-3.87%

Correlation

The correlation between VSOL and BSOL 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 Nov 18, 2025	1.00

Return for Risk

VSOL vs. BSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Solana ETF (VSOL) and Bitwise Solana Staking ETF (BSOL). 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

	VSOL	BSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.90	-1.07	+0.17

Drawdowns

VSOL vs. BSOL - Drawdown Comparison

The maximum VSOL drawdown since its inception was -50.27%, smaller than the maximum BSOL drawdown of -62.00%. Use the drawdown chart below to compare losses from any high point for VSOL and BSOL.

Drawdown Indicators

	VSOL	BSOL	Difference
Max Drawdown Largest peak-to-trough decline	-50.27%	-62.00%	+11.73%
Current Drawdown Current decline from peak	-50.27%	-62.00%	+11.73%
Average Drawdown Average peak-to-trough decline	-28.83%	-43.66%	+14.83%

Volatility

Volatility by Period

	VSOL	BSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	72.67%	75.26%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.67%	75.26%	-2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.67%	75.26%	-2.59%

VSOL vs. BSOL - Expense Ratio Comparison

VSOL has a 0.30% expense ratio, which is higher than BSOL's 0.20% expense ratio.

Dividends

VSOL vs. BSOL - Dividend Comparison

Neither VSOL nor BSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VSOL and BSOL in my portfolio?

With a correlation of 1.00, VSOL and BSOL 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, VSOL or BSOL?

On fees, BSOL 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, VSOL or BSOL?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.30% for VSOL.

Which ETF pays a higher dividend yield, VSOL or BSOL?

VSOL and BSOL have nearly identical dividend yields, around 0.00%.

What is the main difference between VSOL and BSOL?

They also come from different issuers: VanEck and Bitwise. Their fees differ too: 0.30% for VSOL and 0.20% for BSOL.