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Launched · SEC filings

Canary Marinade Solana ETF

SOLCNasdaqCanaryC

$16.62−0.99 (−5.61%)

As of Nov 10, 2026, 10:45 AM ET

C40/ 100

Rank 9 of 9 in Spot Solana

C40/100Rank 9 of 9inSpot Solana
Intraday session: down, 16 prints from 17.61 to 16.62. Range 16.62 to 17.19. Use the arrow keys to read each point.16.8017.0017.2017.4010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$3M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
6.51K sh
52W range
low $12.23high $28.66
Launched
Filings
SEC EDGAR

The ETF.net SOLC Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Spot Solana⁠
Rank
9 of 9
Six-pillar profile for SOLC. Scores out of 100: Cost 21, Risk 54, Mission 100, Tradability 27, Holdings not scored, Durability 22. Strongest: Mission (100). Weakest: Cost (21). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
49
This cap took
−9
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F21 out of 100
    Rank 8 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 6 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D27 out of 100
    Rank 9 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F22 out of 100
    Rank 9 of 9

Our read on SOLC

ETF.net Research

In short

CSpot Solana that also stakes, launched into the crowded late-2025 Solana rush. The staking machinery is real; so is the 0.50% fee, more than double what the typical fund in this cohort charges.

Stated mandate

The Trust seeks exposure to the price of Solana held by it, after operating expenses and liabilities. It also seeks additional SOL through Solana Network proof-of-stake validation.

Why people hold it

  • Holds SOL directly and puts it to work: the trust seeks additional SOL through Solana proof-of-stake validation, not just price exposure.
  • Staking rewards are pursued as more SOL inside the trust rather than cash payouts, and the fund has not made distributions.
  • One brokerage ticker covers both holding and staking Solana, with the trust handling custody and validation mechanics.

Worth knowing

  • The 0.50% fee sits well above the cohort median of 0.21%, and staking rivals BSOL (0.20%) and GSOL (0.19%) do a similar job for less.
  • A small fund that trades lightly, so spreads tend to be wider than at the largest Solana ETFs.
  • Launched in November 2025 into a six-fund Solana field, so the track record is short and it starts from the back of that group.

SOLC Performance

Launched Nov 17, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SOLC$7,319
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,124
Dec 31, 2025 to Nov 9, 2026. SOLC $7,319. SPY $11,124. Use the arrow keys to read each point.$6,000$8,000$10,000$12,000Dec 2025Jun 2026Nov 2026

Dec 31, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SOLC. Periods over one year show the average yearly return.
PeriodSOLC
Year to date−26.8%
1 month−19.8%
3 months+18.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SOLC
YearReturn barSOLC
2026 YTD−26.8%
2025−3.8%

Since listing, Nov 17, 2025

SOLC in the news

SOLC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Nov 2025. No distributions yet.

SOLC Risk

Risk pillarC54 out of 100Rank 6 of 9 in Spot Solana
How much the fund’s monthly returns vary, scaled to a year.
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.58
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SOLC Cost

Compare SOLC and MSOL

Overpaying vs MSOL, cheapest in Spot Solana

$7,047

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SOLC 0.50%

    $9,979

  • MSOL 0.14% Cheapest

    $2,932

$10,000
30 years

Cost over time

  • SOLC 0.50%
  • MSOL 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SOLC $9,979MSOL $2,932

Year by year

YearSOLCMSOLOverpaying
10$900$256$644
20$3,460$1,000$2,460
30$9,979$2,932$7,047

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