Volatility Shares Trust - Solana ETF
This fund gets its cryptocurrency exposure through futures contracts rather than holding coins directly. Futures-based returns can differ from the spot price of the coin.
$11.37−0.42 (−3.53%)
History starts Mar 20, 2025.
- Expense ratio
- 1.64%
- Fund size
- $133M
- 1Y return
- −47.9%
- Yield · Last 12 months
- 2.17%
- Holdings
- 3
- Volume · 30D
- 1.2M sh
- NAV per share
- $11.80
- 52W range
The ETF.net SOLZ Grade
Score 40 of 100 sits in the C 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 21Category 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 95Category 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.AScore 73Category rank
Our read on SOLZ
CSolana exposure without ever touching a coin. SOLZ holds Solana futures and collateral inside a standard 1940 Act ETF: no wallet, no exchange account, no private keys. Futures pricing, not spot SOL, is what sets the ride.
The Fund seeks daily exposure to Solana through managed investments in Solana Futures Contracts and related collateral instruments. It does not directly hold SOL.
Why people hold it
- Delivers Solana exposure through futures and collateral in a regular fund wrapper, so it arrives in a brokerage account with no crypto exchange or key management involved.
- Actively traded for such a niche product, so getting in and out has not meant hunting for liquidity in a thin book.
- Collateral sits in cash-like instruments alongside the futures, and the fund distributes on a monthly cadence, which is rare among crypto vehicles.
Worth knowing
- At 1.64% a year it prices above the typical fund in its crypto-futures peer group; ProShares' EETH and BETH run comparable futures strategies for less.
- It does not hold SOL. Futures roll costs and basis can pull results away from spot Solana, and the mandate targets daily exposure, so longer holds compound day by day.
- Solana is a volatile reference asset and the fund launched in 2025, leaving a short record to judge how the structure holds up across a full crypto cycle.
SOLZ Holdings
- Other
- 3
- 100%
- Cash & Other
SOLZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SOLZ$5,208
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 | SOLZ |
|---|---|
| Year to date | −6.2% |
| 1 month | +29.7% |
| 3 months | +62.4% |
| 1 year | −47.9% |
| 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 | SOLZ |
|---|---|---|
| 2026 YTD | −6.2% | |
| 2025 | −12.4% |
SOLZ in the news
SOLZ Dividends
- 2.17%
- $0.26
- $0.01 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 19, 2026 | Aug 20, 2026 | $0.01 |
| Jul 22, 2026 | Jul 23, 2026 | $0.01 |
| Jun 17, 2026 | Jun 18, 2026 | $0.01 |
| May 20, 2026 | May 21, 2026 | $0.01 |
| Apr 22, 2026 | Apr 23, 2026 | $0.02 |
| Mar 18, 2026 | Mar 19, 2026 | $0.01 |
| Feb 18, 2026 | Feb 19, 2026 | $0.02 |
| Jan 21, 2026 | Jan 22, 2026 | $0.03 |
| Dec 15, 2025 | Dec 16, 2025 | $0.02 |
| Nov 25, 2025 | Nov 26, 2025 | $0.02 |
| Oct 29, 2025 | Oct 30, 2025 | $0.04 |
| Sep 26, 2025 | Sep 29, 2025 | $0.03 |
SOLZ Risk
- 57.6%
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.
- −0.16
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.
- −75.7%
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.
- 0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SOLZ Cost
1.64%
SOLZ1.64%
- The middle half of Crypto Derivatives funds
- Median 1.08%
5 of the 7 Crypto Derivatives funds charge less.