XRPZ vs. SOEZ

Last updated Jul 30, 2026

XRPZ (Franklin XRP ETF) and SOEZ (Franklin Solana ETF) are both exchange-traded funds - XRPZ is a Blockchain fund tracking the CME CF XRP-Dollar Reference Rate - New York Variant, while SOEZ is a Cryptocurrency fund actively managed by Franklin. XRPZ is passively managed, while SOEZ is actively managed. Their correlation of 0.88 means they have usually moved in the same direction. Both charge a 0.19% expense ratio.

Performance

XRPZ vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin XRP ETF (XRPZ) and Franklin Solana ETF (SOEZ). 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 XRPZ having a -41.64% return and SOEZ slightly higher at -39.63%.

XRPZ

• 1D: 1.04%
• 1M: -0.34%
• 6M: -44.24%
• YTD: -41.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SOEZ

• 1D: -2.11%
• 1M: -3.82%
• 6M: -40.53%
• YTD: -39.63%
• 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)
SOEZ Franklin Solana ETF	$71.13K	$82.54K	$191.46K
XRPZ Franklin XRP ETF	$2.62M	$2.73M	$3.51M

XRPZ vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
XRPZ Franklin XRP ETF	-41.64%	-15.38%
SOEZ Franklin Solana ETF	-39.63%	-11.69%

Correlation

The correlation between XRPZ and SOEZ is 0.88, 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 Dec 3, 2025	0.88

Return for Risk

XRPZ vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin XRP ETF (XRPZ) and Franklin Solana ETF (SOEZ). 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

XRPZ vs. SOEZ - Drawdown Comparison

The maximum XRPZ drawdown since its inception was -55.39%, roughly equal to the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for XRPZ and SOEZ.

Drawdown Indicators

	XRPZ	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-55.39%	-56.14%	+0.75%
Current Drawdown Current decline from peak	-53.80%	-49.27%	-4.53%
Average Drawdown Average peak-to-trough decline	-34.90%	-34.84%	-0.06%

Volatility

Volatility by Period

	XRPZ	SOEZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	69.70%	68.65%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.70%	68.65%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.70%	68.65%	+1.05%

XRPZ vs. SOEZ - Expense Ratio Comparison

Both XRPZ and SOEZ have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XRPZ vs. SOEZ - Dividend Comparison

XRPZ has not paid dividends to shareholders, while SOEZ's dividend yield for the trailing twelve months is around 1.88%.

Position	TTM
SOEZ Franklin Solana ETF	1.88%
XRPZ Franklin XRP ETF	0.00%

Frequently Asked Questions

Can I hold both XRPZ and SOEZ in my portfolio?

XRPZ and SOEZ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XRPZ or SOEZ?

Both ETFs have the same 0.19% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPZ or SOEZ?

XRPZ and SOEZ have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, XRPZ or SOEZ?

SOEZ has the higher dividend yield at 1.88%, compared with 0.00% for XRPZ.

What is the main difference between XRPZ and SOEZ?

XRPZ is categorized as Blockchain, while SOEZ is Cryptocurrency.