YBIT vs. SOEZ

Last updated Jul 18, 2026

YBIT (YieldMax Bitcoin Option Income Strategy ETF) and SOEZ (Franklin Solana ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. YBIT charges 0.99%/yr vs 0.19%/yr for SOEZ.

Performance

YBIT vs. SOEZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Bitcoin Option Income Strategy ETF (YBIT) and Franklin Solana ETF (SOEZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YBIT achieves a -25.67% return, which is significantly higher than SOEZ's -37.60% return.

YBIT

• 1D: -0.58%
• 1M: 1.13%
• 6M: -30.01%
• YTD: -25.67%
• 1Y: -41.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SOEZ

• 1D: -0.72%
• 1M: 5.39%
• 6M: -46.66%
• YTD: -37.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YBIT vs. SOEZ - Yearly Performance Comparison

	2026 (YTD)	2025
YBIT YieldMax Bitcoin Option Income Strategy ETF	-25.67%	-2.01%
SOEZ Franklin Solana ETF	-37.60%	-11.69%

Correlation

The correlation between YBIT and SOEZ is 0.90, 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 Dec 3, 2025	0.90

Return for Risk

YBIT vs. SOEZ — Risk / Return Rank

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

YBIT

YBIT Risk / Return Rank: 1
YBIT Sharpe Ratio Rank: 1
YBIT Sortino Ratio Rank: 1
YBIT Omega Ratio Rank: 1
YBIT Calmar Ratio Rank: 2
YBIT Martin Ratio Rank: 1

SOEZ

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

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.

YBIT vs. SOEZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) 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.

	YBIT	SOEZ	Difference
Sharpe ratio: Return per unit of total volatility	-1.13	—	—
Sortino ratio: Return per unit of downside risk	-1.67	—	—
Omega ratio: Gain probability vs. loss probability	0.81	—	—
Calmar ratio: Return relative to maximum drawdown	-0.88	—	—
Martin ratio: Return relative to average drawdown	-1.43	—	—

Drawdowns

YBIT vs. SOEZ - Drawdown Comparison

The maximum YBIT drawdown since its inception was -47.46%, smaller than the maximum SOEZ drawdown of -56.14%. Use the drawdown chart below to compare losses from any high point for YBIT and SOEZ.

Drawdown Indicators

	YBIT	SOEZ	Difference
Max Drawdown Largest peak-to-trough decline	-47.46%	-56.14%	+8.68%
Max Drawdown (1Y) Largest decline over 1 year	-47.46%	—	—
Current Drawdown Current decline from peak	-43.92%	-47.56%	+3.64%
Average Drawdown Average peak-to-trough decline	-16.69%	-34.20%	+17.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.16%	—	—

Volatility

Volatility by Period

	YBIT	SOEZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.92%	69.98%	-33.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.40%	69.98%	-31.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.40%	69.98%	-31.58%

YBIT vs. SOEZ - Expense Ratio Comparison

YBIT has a 0.99% expense ratio, which is higher than SOEZ's 0.19% expense ratio.

Dividends

YBIT vs. SOEZ - Dividend Comparison

YBIT's dividend yield for the trailing twelve months is around 95.62%, more than SOEZ's 0.88% yield.

Position	TTM	2025	2024
SOEZ Franklin Solana ETF	0.88%	0.00%	0.00%
YBIT YieldMax Bitcoin Option Income Strategy ETF	95.62%	88.33%	60.00%

Frequently Asked Questions

Can I hold both YBIT and SOEZ in my portfolio?

With a correlation of 0.90, YBIT and SOEZ 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, YBIT or SOEZ?

On fees, SOEZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YBIT or SOEZ?

SOEZ is cheaper with a 0.19% expense ratio, compared with 0.99% for YBIT.

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

YBIT has the higher dividend yield at 95.62%, compared with 0.88% for SOEZ.

What is the main difference between YBIT and SOEZ?

They also come from different issuers: YieldMax and Franklin. Their fees differ too: 0.99% for YBIT and 0.19% for SOEZ.