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SOLC

GradeCNASDAQ Global Market

Canary Marinade Solana ETF

Crypto · Canary · Inception 2025-11-16 · SEC filings

$23.09−0.77 (−3.21%)

As of Sep 23, 2026, 2:10 PM EDT

History starts Nov 17, 2025.History starts Nov 17, 2025.
Intraday session: down, 23 prints from 23.86 to 23.09. Range 22.90 to 23.64. Use the arrow keys to read each point.$23.00$23.20$23.40$23.6010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$2M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$23.81
52W range
low $12.23high $28.66

The ETF.net SOLC Grade

C

40/ 100

Rank 8 of 9 in Spot Solana⁠

Confidence Medium

Six-pillar profile for SOLC. Scores out of 100: Cost 21, Risk 68, Mission 100, Tradability 13, Holdings not scored, Durability 22. Strongest: Mission (100). Weakest: Tradability (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned49This cap took−9Published score40 Grade C

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 21
    Category rank8/9 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank5/8 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 68
    Category rank2/8 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 13
    Category rank9/9 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    FScore 22
    Category rank9/9 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on SOLC

ETF.net Research

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

  1. 01Holds SOL directly and puts it to work: the trust seeks additional SOL through Solana proof-of-stake validation, not just price exposure.
  2. 02Staking rewards are pursued as more SOL inside the trust rather than cash payouts, and the fund has not made distributions.
  3. 03One brokerage ticker covers both holding and staking Solana, with the trust handling custody and validation mechanics.

Worth knowing

  1. 01The 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.
  2. 02A small fund that trades lightly, so spreads tend to be wider than at the largest Solana ETFs.
  3. 03Launched 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 Holdings

As of Sep 20, 2026, 10:18 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
Solana100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Solana100.02%20,195$2M6

Showing 1–1 of 1 holdings

SOLC Performance

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

SOLC$9,916
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. SOLC $9,916. SPY $11,430. Use the arrow keys to read each point.$4,735$8,585$12,435Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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−0.8%
1 month+30.5%
3 months+64.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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−0.8%
2025−3.8%

History from Nov 17, 2025

SOLC in the news

ETF.net Research hasn’t filed on SOLC yet — coverage lands here as it’s written.

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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Nov 2025. No distributions yet.

SOLC Risk

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.

SOLC Cost

Expense ratio0.50%
  • The middle half of Spot Solana funds
  • Median 0.21%

7 of the 9 Spot Solana funds charge less.

SOLC costs $50.00 a year on $10,000. The median Spot Solana fund costs $21.00.