VSOL vs. SOLM

Last updated Jun 5, 2026

VSOL (VanEck Solana ETF) and SOLM (Amplify Solana 3% Monthly Option Income ETF) are both exchange-traded funds - VSOL is a Cryptocurrency fund actively managed by VanEck, while SOLM is a Derivative Income fund actively managed by Amplify. Both are actively managed. With a 0.99 correlation, they move nearly in lockstep. VSOL charges 0.30%/yr vs 0.75%/yr for SOLM.

Performance

VSOL vs. SOLM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Solana ETF (VSOL) and Amplify Solana 3% Monthly Option Income ETF (SOLM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VSOL achieves a -43.21% return, which is significantly higher than SOLM's -47.60% return.

VSOL

• 1D: -4.00%
• 1M: -19.91%
• YTD: -43.21%
• 6M: -49.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOLM

• 1D: -4.12%
• 1M: -23.48%
• YTD: -47.60%
• 6M: -52.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VSOL vs. SOLM - Yearly Performance Comparison

	2026 (YTD)	2025
VSOL VanEck Solana ETF	-43.21%	-4.01%
SOLM Amplify Solana 3% Monthly Option Income ETF	-47.60%	-2.41%

Correlation

The correlation between VSOL and SOLM is 0.99 - 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	0.99

Return for Risk

VSOL vs. SOLM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Solana ETF (VSOL) and Amplify Solana 3% Monthly Option Income ETF (SOLM). 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	SOLM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.93	-1.16	+0.23

Drawdowns

VSOL vs. SOLM - Drawdown Comparison

The maximum VSOL drawdown since its inception was -52.25%, smaller than the maximum SOLM drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for VSOL and SOLM.

Drawdown Indicators

	VSOL	SOLM	Difference
Max Drawdown Largest peak-to-trough decline	-52.25%	-59.46%	+7.21%
Current Drawdown Current decline from peak	-52.25%	-59.46%	+7.21%
Average Drawdown Average peak-to-trough decline	-29.00%	-35.51%	+6.51%

Volatility

Volatility by Period

	VSOL	SOLM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	72.57%	65.39%	+7.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.57%	65.39%	+7.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.57%	65.39%	+7.18%

VSOL vs. SOLM - Expense Ratio Comparison

VSOL has a 0.30% expense ratio, which is lower than SOLM's 0.75% expense ratio.

Dividends

VSOL vs. SOLM - Dividend Comparison

VSOL has not paid dividends to shareholders, while SOLM's dividend yield for the trailing twelve months is around 37.22%.

Position	TTM	2025
SOLM Amplify Solana 3% Monthly Option Income ETF	37.22%	6.44%
VSOL VanEck Solana ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both VSOL and SOLM in my portfolio?

With a correlation of 0.99, VSOL and SOLM 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 SOLM?

On fees, VSOL is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VSOL or SOLM?

VSOL is cheaper with a 0.30% expense ratio, compared with 0.75% for SOLM.

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

SOLM has the higher dividend yield at 37.22%, compared with 0.00% for VSOL.

What is the main difference between VSOL and SOLM?

VSOL is categorized as Cryptocurrency, while SOLM is Derivative Income. They also come from different issuers: VanEck and Amplify. Their fees differ too: 0.30% for VSOL and 0.75% for SOLM.