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VSOL vs. BTC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

VSOL vs. BTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Solana ETF (VSOL) and Grayscale Bitcoin Mini Trust ETF (BTC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VSOL achieves a -40.84% return, which is significantly lower than BTC's -25.36% return.


VSOL

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

BTC

1D
-2.73%
1M
-18.40%
YTD
-25.36%
6M
-29.74%
1Y
-38.61%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

VSOL vs. BTC - Yearly Performance Comparison


2026 (YTD)2025
VSOL
VanEck Solana ETF
-40.84%-4.01%
BTC
Grayscale Bitcoin Mini Trust ETF
-25.36%-4.72%

Correlation

The correlation between VSOL and BTC is 0.89, 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 Nov 18, 2025

0.89

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Return for Risk

VSOL vs. BTC — Risk / Return Rank

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

VSOL

BTC
BTC Risk / Return Rank: 22
Overall Rank
BTC Sharpe Ratio Rank: 22
Sharpe Ratio Rank
BTC Sortino Ratio Rank: 22
Sortino Ratio Rank
BTC Omega Ratio Rank: 22
Omega Ratio Rank
BTC Calmar Ratio Rank: 22
Calmar Ratio Rank
BTC Martin Ratio Rank: 22
Martin Ratio Rank
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.

VSOL vs. BTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Solana ETF (VSOL) and Grayscale Bitcoin Mini Trust ETF (BTC). 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.

VSOL vs. BTC - Sharpe Ratio Comparison


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Sharpe Ratios by Period


VSOLBTCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.89

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.90

-0.00

-0.90

Drawdowns

VSOL vs. BTC - Drawdown Comparison

The maximum VSOL drawdown since its inception was -50.27%, roughly equal to the maximum BTC drawdown of -49.34%. Use the drawdown chart below to compare losses from any high point for VSOL and BTC.


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Drawdown Indicators


VSOLBTCDifference

Max Drawdown

Largest peak-to-trough decline

-50.27%

-49.34%

-0.93%

Max Drawdown (1Y)

Largest decline over 1 year

-49.34%

Current Drawdown

Current decline from peak

-50.27%

-47.98%

-2.29%

Average Drawdown

Average peak-to-trough decline

-28.83%

-16.61%

-12.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

28.38%

Volatility

VSOL vs. BTC - Volatility Comparison


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Volatility by Period


VSOLBTCDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.40%

Volatility (6M)

Calculated over the trailing 6-month period

34.45%

Volatility (1Y)

Calculated over the trailing 1-year period

72.67%

43.69%

+28.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

72.67%

48.30%

+24.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

72.67%

48.30%

+24.37%

VSOL vs. BTC - Expense Ratio Comparison

VSOL has a 0.30% expense ratio, which is higher than BTC's 0.15% expense ratio.


Dividends

VSOL vs. BTC - Dividend Comparison

Neither VSOL nor BTC has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


VSOL and BTC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BTC is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BTC is cheaper with a 0.15% expense ratio, compared with 0.30% for VSOL.

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

They also come from different issuers: VanEck and Grayscale. Their fees differ too: 0.30% for VSOL and 0.15% for BTC.

Portfolio Optimizer

Find the right allocation for VSOL and BTC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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