2x Solana ETF
This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$70.61−5.42 (−7.13%)
History starts Mar 20, 2025.
- Expense ratio
- 2.92%
- Fund size
- $239M
- 1Y return
- −84.8%
- Yield · Last 12 months
- 2.05%
- Volume · 30D
- 0.5M sh
- NAV per share
- $76.20
- 52W range
The ETF.net SOLT Grade
Score 27 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 13Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
Our read on SOLT
DLeveraged crypto funds mostly point at bitcoin and ether. This one aims two-times daily leverage at Solana instead, wrapped in a '40 Act ETF you can trade in an ordinary brokerage account. The access comes with one of the heavier fee tags in the group.
The Fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of SOL.
Why people hold it
- Seeks two times SOL's daily move inside a registered ETF. No margin account, no offshore venue, no self-custody, no seed phrase to lose.
- The shelf around it is stacked with bitcoin and ether leverage (BITU, ETHT, BITX). If Solana is the coin you want geared exposure to, the menu is short.
- Trading is active enough for routine in-and-out, which matters for a tool built around daily moves. Distributions run on a monthly cadence.
Worth knowing
- The 2.92% expense ratio sits well above the roughly 1.89% median for leveraged crypto funds, and multiples above levered bitcoin options like BITU at 0.98%.
- The 2x target resets every day. Over a choppy multi-day stretch, results can drift meaningfully from twice SOL's move for that stretch, in either direction.
- Launched in 2025, so the track record is thin, and gearing one of crypto's most volatile assets amplifies drawdowns as readily as gains.
SOLT Holdings
- Other
- —
- 100%
- SOL Futures Sep26
SOLT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SOLT$1,523
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.
| Period | SOLT |
|---|---|
| Year to date | −39.8% |
| 1 month | +60.0% |
| 3 months | +138.6% |
| 1 year | −84.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SOLT |
|---|---|---|
| 2026 YTD | −39.8% | |
| 2025 | −53.7% |
SOLT in the news
SOLT Dividends
- 2.05%
- $1.56
- $0.03 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 19, 2026 | Aug 20, 2026 | $0.03 |
| Jul 22, 2026 | Jul 23, 2026 | $0.05 |
| Jun 17, 2026 | Jun 18, 2026 | $0.03 |
| May 20, 2026 | May 21, 2026 | $0.06 |
| Apr 22, 2026 | Apr 23, 2026 | $0.04 |
| Mar 18, 2026 | Mar 19, 2026 | $0.07 |
| Feb 18, 2026 | Feb 19, 2026 | $0.12 |
| Jan 21, 2026 | Jan 22, 2026 | $0.16 |
| Dec 15, 2025 | Dec 16, 2025 | $0.08 |
| Nov 25, 2025 | Nov 26, 2025 | $0.34 |
| Oct 29, 2025 | Oct 30, 2025 | $0.24 |
| Sep 26, 2025 | Sep 29, 2025 | $0.32 |
SOLT Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 117.4%
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.
- −0.32
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.
- −96.3%
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.
- 1.81
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SOLT Cost
2.92%
SOLT2.92%
- The middle half of 2x Long Crypto funds
- Median 1.89%
13 of the 15 2x Long Crypto funds charge less.