XRPC vs. GSOL

Last updated Jun 4, 2026

XRPC (Canary XRP ETF) and GSOL (Grayscale Solana Staking ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. XRPC charges 0.50%/yr vs 0.35%/yr for GSOL.

Performance

XRPC vs. GSOL - Performance Comparison

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

Returns By Period

XRPC

• 1D: -1.39%
• 1M: -14.06%
• YTD: -34.29%
• 6M: -45.45%
• 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)

XRPC vs. GSOL - Yearly Performance Comparison

	2026 (YTD)
XRPC Canary XRP ETF	-8.45%
GSOL Grayscale Solana Staking ETF	-12.36%

Correlation

The correlation between XRPC 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

XRPC vs. GSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary XRP ETF (XRPC) 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

	XRPC	GSOL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.92	-2.23	+1.31

Drawdowns

XRPC vs. GSOL - Drawdown Comparison

The maximum XRPC drawdown since its inception was -48.85%, which is greater than GSOL's maximum drawdown of -12.36%. Use the drawdown chart below to compare losses from any high point for XRPC and GSOL.

Drawdown Indicators

	XRPC	GSOL	Difference
Max Drawdown Largest peak-to-trough decline	-48.85%	-12.36%	-36.49%
Current Drawdown Current decline from peak	-48.24%	-12.36%	-35.88%
Average Drawdown Average peak-to-trough decline	-29.50%	-5.53%	-23.97%

Volatility

Volatility by Period

	XRPC	GSOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.88%	51.66%	+24.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.88%	51.66%	+24.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.88%	51.66%	+24.22%

XRPC vs. GSOL - Expense Ratio Comparison

XRPC has a 0.50% expense ratio, which is higher than GSOL's 0.35% expense ratio.

Dividends

XRPC vs. GSOL - Dividend Comparison

Neither XRPC nor GSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XRPC and GSOL in my portfolio?

XRPC 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, XRPC or GSOL?

On fees, GSOL is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPC or GSOL?

GSOL is cheaper with a 0.35% expense ratio, compared with 0.50% for XRPC.

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

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

What is the main difference between XRPC and GSOL?

They also come from different issuers: Canary Capital and Grayscale. Their fees differ too: 0.50% for XRPC and 0.35% for GSOL.