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MSOL vs VSOL

Morgan Stanley Solana Trust

MSOLANYSE Arca

VanEck Solana ETF

VSOLBNasdaq

Overlap

Expense ratio

MSOL −0.16pt a year

MSOL0.14%VSOL0.30%

Avg volume · 30D

MSOL 1.3×the volume

MSOL41.6KVSOL32.3K

MSOL vs VSOL Performance

Jul 31, 2026 – Oct 30, 2026

+30.6%MSOL+30.6%VSOL

Jul 31, 2026 to Oct 30, 2026. MSOL +30.6%. VSOL +30.6%. Use the arrow keys to read each point.0%40%60%Jul 2026Sep 2026Oct 2026
Expense ratio
MSOL 0.14%, better
VSOL 0.30%
Fund size
MSOL $48M
VSOL $19M
Holdings
MSOL 1
VSOL 1
Avg volume (30D)
MSOL 41.6K sh, better
VSOL 32.3K sh
NAV per share
MSOL $25.61
VSOL $12.27
52W range

ETF.net Grade

MSOL: Cost 94, Risk 93, Mission not scored, Tradability 62, Holdings 56, Durability 47. VSOL: Cost 33, Risk 62, Mission 100, Tradability 58, Holdings 56, Durability 61.
Pillar letters and Scores for MSOL, VSOL, with each pillar’s weight
PillarMSOLVSOL
Cost30% weightA94HigherD33
Mission25% weightNot scoredA100
Risk15% weightA93HigherB62
Tradability15% weightB62HigherB58
Holdings10% weightB56B56
Durability5% weightC47B61Higher

Rank among Spot Solana funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MSOL and VSOL are both graded against the same 9 Spot Solana funds, so their Grades compare head to head.

Spot Solana⁠

Category · 9 funds
See all 9 ›

MSOL ranks 1st and VSOL 5th of 9 funds in the Spot Solana Category.

  1. Rank 1AMSOLMorgan Stanley Solana TrustScore 82
  2. Rank 2AGSOLGrayscale Solana Staking ETFScore 73
  3. Rank 4ASOEZFranklin Solana ETFScore 70
  4. Rank 5BVSOLVanEck Solana ETFScore 62
  5. Rank 6BQSOLInvesco Galaxy Solana ETFScore 61

Our read on each fund

ETF.net Research

MSOLAMorgan Stanley Solana Trust

VSOLBVanEck Solana ETF

In short

MSOL No data

VSOL VanEck was first in line at the SEC with a US Solana filing in June 2024, then arrived after the crowd. VSOL is a grantor trust that holds SOL outright and stakes part of it for network rewards.

Stated mandate

MSOL No data

VSOL The Trust seeks to track Solana's price and staking rewards on part of its SOL holdings, after operating expenses.

Why people hold it

MSOL No data

  • VSOL Holds real SOL and stakes a slice of it, passing the network's staking rewards through after expenses. No wallet, no seed phrase, no validator to babysit.vaneck.com
  • Two separate crypto custodians, Gemini Trust and Coinbase Custody, hold the trust's SOL, and authorized participants can create or redeem baskets in cash or in kind.vaneck.com
  • Only part of the SOL is staked, leaving unstaked coins on hand for redemptions instead of locking the whole pot behind unstaking queues.vaneck.com
  • VanEck put the first US Solana trust registration on the SEC's desk in June 2024, and already ran spot bitcoin and ether funds before this one listed.cointelegraph.comvaneck.com

Worth knowing

MSOL No data

  • VSOL The standing sponsor fee is 0.30%, above the median for spot Solana funds; SOEZ, GSOL and BSOL all listed cheaper.
  • One of the smaller, thinner-traded names in a crowded Solana lineup, which can mean wider spreads at the screen than the group's biggest funds.
  • Staking stacks risks on top of SOL's swings: validator downtime or slashing penalties, staking-provider counterparty risk, and unsettled tax treatment of rewards.vaneck.comvaneck.com 2

Full MSOL profile⁠

Full VSOL profile⁠

MSOL vs VSOL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MSOL vs VSOL Cost

Overpaying VSOL vs MSOL

$3,217

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

  • MSOL 0.14%

    $2,932

  • VSOL 0.30%

    $6,149

$10,000
30 years

Cost over time

  • MSOL 0.14%
  • VSOL 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530VSOL $6,149MSOL $2,932

Year by year

YearMSOLVSOLOverpaying
10$256$545$289
20$1,000$2,113$1,113
30$2,932$6,149$3,217

Expense ratio

  • 0.14%MSOL, cheaper
  • 0.30%VSOL
  • Middle half of Spot Solana funds
  • Median 0.21%

MSOL cheapest of 9 funds

VSOL 7th cheapest of 9 funds

MSOL vs VSOL Dividends

Last 12 months to Oct 30, 2026
Last payment
MSOL $0.05
VSOL $0.60
Ex-dividend
MSOL Oct 19, 2026
VSOL Oct 6, 2026
Paid on
MSOL Oct 20, 2026
VSOL Oct 7, 2026
Frequency
MSOL Irregular
VSOL Irregular

Distribution history

Per share, 2026, same scale for both

MSOLIrregular · 4 paymentsAll MSOL payments⁠
One bar per payment. 4 payments in 2026 YTD. Sep 3, 2026 $0.06; Sep 17, 2026 $0.04; Oct 5, 2026 $0.07; Oct 19, 2026 $0.05. Use the arrow keys to read each point.$0$0.502026YTD
VSOLIrregular · 1 paymentAll VSOL payments⁠
One bar per payment. 1 payment in 2026 YTD. Oct 6, 2026 $0.60. Use the arrow keys to read each point.$0$0.502026YTD

MSOL vs VSOL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
MSOL 0.00VSOL 0.64

Popular comparisons

  • MSOLAvsGSOLA

    Morgan Stanley Solana Trust · Grayscale Solana Staking ETF

    Expense ratio
    0.14% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • VSOLBvsGSOLA

    VanEck Solana ETF · Grayscale Solana Staking ETF

    Expense ratio
    0.30% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • MSOLAvsBSOLA

    Morgan Stanley Solana Trust · Bitwise Solana Staking ETF

    Expense ratio
    0.14% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • VSOLBvsBSOLA

    VanEck Solana ETF · Bitwise Solana Staking ETF

    Expense ratio
    0.30% · 0.20%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • MSOLAvsSOEZA

    Morgan Stanley Solana Trust · Franklin Solana ETF

    Expense ratio
    0.14% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • VSOLBvsSOEZA

    VanEck Solana ETF · Franklin Solana ETF

    Expense ratio
    0.30% · 0.19%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.