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Launched

2x Solana ETF

SOLTNasdaqVolatility SharesDThis 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.

$43.63−3.07 (−6.57%)

At close: Nov 2, 2026, 4:00 PM ET

D38/ 100

Rank 12 of 14 in 2x Long Crypto

D38/100Rank 12 of 14in2x Long Crypto
Intraday session: down, 79 prints from 46.70 to 43.63. Range 43.10 to 46.93. Use the arrow keys to read each point.43.0045.0046.0010 AM12 PM2 PM4 PM
Expense ratio
2.92%
Fund size
$151M
1Y total return
−86.3%
Yield · Last 12 months
2.42%
Holdings
2
Avg volume · 30D
474K sh
52W range
low $23.28high $302.80
Launched

The ETF.net SOLT Grade

Based on 5 of 6 pillars

D

Score 38 out of 100

Category
2x Long Crypto⁠
Rank
12 of 14
Six-pillar profile for SOLT. Scores out of 100: Cost 23, Risk 32, Mission 62, Tradability 70, Holdings not scored, Durability 55. Strongest: Tradability (70). Weakest: Cost (23). Based on 5 of 6 pillars.

Score 38 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F23 out of 100
    Rank 11 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B62 out of 100
    Rank 1 of 4

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D32 out of 100
    Rank 9 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 5 of 14

  • 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.
    B55 out of 100
    Rank 6 of 14

Our read on SOLT

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Mar 20, 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.
SOLT$1,374
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SOLT $1,374. SPY $11,199. Use the arrow keys to read each point.$0$5,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 SOLT. Periods over one year show the average yearly return.
PeriodSOLT
Year to date−62.9%
1 month−36.8%
3 months+51.5%
1 year−86.3%
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 SOLT
YearReturn barSOLT
2026 YTD−62.9%

SOLT in the news

SOLT 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 Oct 30, 2026.
2.42%Last 12 months
Payout per share
$1.13Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 18 payments from 2025 to 2026 YTD. May 28, 2025 $0.08; Jun 26, 2025 $0.10; Jul 29, 2025 $0.12; Aug 27, 2025 $0.28; Sep 26, 2025 $0.32; Oct 29, 2025 $0.24; Nov 25, 2025 $0.34; Dec 15, 2025 $0.08; Jan 21, 2026 $0.16; Feb 18, 2026 $0.12; Mar 18, 2026 $0.07; Apr 22, 2026 $0.04; May 20, 2026 $0.06; Jun 17, 2026 $0.03; Jul 22, 2026 $0.05; Aug 19, 2026 $0.03; Sep 23, 2026 $0.05; Oct 21, 2026 $0.08. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 21, 2026Oct 22, 2026$0.08
Sep 23, 2026Sep 24, 2026$0.05
Aug 19, 2026Aug 20, 2026$0.03
Jul 22, 2026Jul 23, 2026$0.05
Jun 17, 2026Jun 18, 2026$0.03
May 20, 2026May 21, 2026$0.06
Apr 22, 2026Apr 23, 2026$0.04
Mar 18, 2026Mar 19, 2026$0.07
Feb 18, 2026Feb 19, 2026$0.12
Jan 21, 2026Jan 22, 2026$0.16
Dec 15, 2025Dec 16, 2025$0.08
Nov 25, 2025Nov 26, 2025$0.34

See all 19 payments⁠

$10,000 in SOLT 1 year ago paid $32.77 in dividends.⁠

SOLT Risk

Risk pillarD32 out of 100Rank 9 of 14 in 2x Long Crypto

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.

How much the fund’s monthly returns vary, scaled to a year.
116.1%
Annualised · 19 months to Oct 2026
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.
−0.37
vs 3-month T-bills · 19 months to Oct 2026
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.
−96.3%
19 months · trough Jun 2026
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.
1.83
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.

SOLT Cost

Compare SOLT and BITU

Overpaying vs BITU, tied cheapest in 2x Long Crypto

$25,063

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

  • SOLT 2.92%

    $42,932

  • BITU 0.95% Tied cheapest

    $17,869

$10,000
30 years

Cost over time

  • SOLT 2.92%
  • BITU 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530SOLT $42,932BITU $17,869

Year by year

YearSOLTBITUOverpaying
10$4,755$1,678$3,077
20$16,446$6,322$10,124
30$42,932$17,869$25,063

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