XRPC vs. SOLC

Last updated Aug 1, 2026

XRPC (Canary XRP ETF) and SOLC (Canary Marinade Solana ETF) are both Cryptocurrency funds from Canary. Both are actively managed. Their correlation of 0.89 means they have usually moved in the same direction. Both charge a 0.50% expense ratio.

Performance

XRPC vs. SOLC - Performance Comparison

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

Returns By Period

In the year-to-date period, XRPC achieves a -42.16% return, which is significantly lower than SOLC's -39.04% return.

XRPC

• 1D: -2.85%
• 1M: -2.34%
• 6M: -39.12%
• YTD: -42.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOLC

• 1D: -2.10%
• 1M: -9.20%
• 6M: -35.48%
• YTD: -39.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SOLC Canary Marinade Solana ETF	$34.78K	$25.16K	$33.72K
XRPC Canary XRP ETF	$1.31M	$1.52M	$2.38M

XRPC vs. SOLC - Yearly Performance Comparison

	2026 (YTD)	2025
XRPC Canary XRP ETF	-42.16%	-15.03%
SOLC Canary Marinade Solana ETF	-39.04%	-9.47%

Correlation

The correlation between XRPC and SOLC is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.89

Return for Risk

XRPC vs. SOLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary XRP ETF (XRPC) and Canary Marinade Solana ETF (SOLC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

XRPC vs. SOLC - Drawdown Comparison

The maximum XRPC drawdown since its inception was -58.81%, which is greater than SOLC's maximum drawdown of -55.91%. Use the drawdown chart below to compare losses from any high point for XRPC and SOLC.

Drawdown Indicators

	XRPC	SOLC	Difference
Max Drawdown Largest peak-to-trough decline	-58.81%	-55.91%	-2.90%
Current Drawdown Current decline from peak	-57.75%	-48.79%	-8.96%
Average Drawdown Average peak-to-trough decline	-39.30%	-33.32%	-5.98%

Volatility

Volatility by Period

	XRPC	SOLC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	72.66%	70.31%	+2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.66%	70.31%	+2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.66%	70.31%	+2.35%

XRPC vs. SOLC - Expense Ratio Comparison

Both XRPC and SOLC have an expense ratio of 0.50%.

Dividends

XRPC vs. SOLC - Dividend Comparison

Neither XRPC nor SOLC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XRPC and SOLC in my portfolio?

XRPC and SOLC 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.

Which ETF is better, XRPC or SOLC?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPC or SOLC?

XRPC and SOLC have the same expense ratio: 0.50% per year.

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

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