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SOLZ vs XRPI

Volatility Shares Solana ETF

SOLZDNasdaq

XRP ETF

XRPIDNasdaq

Overlap

Expense ratio

SOLZ −0.04pt a year

SOLZ1.64%XRPI1.68%

Avg volume · 30D

SOLZ 5.1×the volume

SOLZ1.15MXRPI227K

SOLZ vs XRPI Performance

Oct 31, 2025 – Oct 30, 2026

−51.4%SOLZ−54.8%XRPI

Oct 31, 2025 to Oct 30, 2026. SOLZ −51.4%. XRPI −54.8%. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2025Apr 2026Oct 2026
Expense ratio
SOLZ 1.64%, better
XRPI 1.68%
Fund size
SOLZ $101M
XRPI $94M
1Y total return
SOLZ −51.4%, better
XRPI −54.8%
Yield (12M)
SOLZ 2.38%
XRPI 2.78%, better
Holdings
SOLZ 2
XRPI 2
Avg volume (30D)
SOLZ 1.15M sh, better
XRPI 227K sh
NAV per share
SOLZ $9.34
XRPI $6.66
52W range

ETF.net Grade

SOLZ: Cost 23, Risk 25, Mission not scored, Tradability 83, Holdings not scored, Durability 72. XRPI: Cost 14, Risk 27, Mission not scored, Tradability 69, Holdings not scored, Durability 70.
Pillar letters and Scores for SOLZ, XRPI, with each pillar’s weight
PillarSOLZXRPI
Cost30% weightF23HigherF14
Mission25% weightNot scoredNot scored
Risk15% weightD25D27Higher
Tradability15% weightA83HigherB69
Holdings10% weightNot scoredNot scored
Durability5% weightA72HigherA70

Rank among Crypto Derivatives funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SOLZ and XRPI are both graded against the same 5 Crypto Derivatives funds, so their Grades compare head to head.

Crypto Derivatives⁠

Category · 5 funds
See all 5 ›

SOLZ ranks 4th and XRPI 5th of 5 funds in the Crypto Derivatives Category.

  1. Rank 1ABETHProShares Bitcoin & Ether Market Cap Weight ETFScore 72
  2. Rank 2BEETHProShares Ether ETFScore 65
  3. Rank 3BBETEProShares Bitcoin & Ether Equal Weight ETFScore 64
  4. Rank 4DSOLZVolatility Shares Solana ETFScore 41
  5. Rank 5DXRPIXRP ETFScore 34

Our read on each fund

ETF.net Research

SOLZDVolatility Shares Solana ETF

XRPIDXRP ETF

In short

SOLZ Solana 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.

XRPI The first US ETF to give plain 1x XRP exposure, and it does it with CME futures rather than coins. XRP price movement in a normal brokerage account, no wallet, no keys, no crypto exchange login.

Stated mandate

SOLZ The Fund seeks daily exposure to Solana through managed investments in Solana Futures Contracts and related collateral instruments. It does not directly hold SOL.

XRPI The Fund aims to provide exposure to the returns of XRP by primarily investing in XRP Futures Contracts via a Cayman Islands subsidiary, and may also utilize XRP-linked ETPs and swap agreements.

Why people hold it

  • SOLZ 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.
  • XRPI The original: launched in 2025 as the first US ETF tracking XRP futures one-to-one, before any unleveraged competitor existed.coindesk.com
  • Mechanically simple: cash-settled XRP futures on the CME, held through a Cayman subsidiary, with cash-like collateral behind them. Self-custody risk stays off your plate.sec.gov
  • Trades with reasonable activity for a crypto derivatives fund, and the collateral sleeve supports a monthly distribution schedule.

Worth knowing

  • SOLZ 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.
  • XRPI Pioneer pricing: the fee runs well above the median for crypto derivatives ETFs, and that gap compounds against you in a flat market.
  • Futures, not coins. Rolling contracts and basis can pull results away from spot XRP, so this tracks the futures curve rather than the token itself.sec.gov
  • Young fund on a violently volatile asset. On cost and risk together it sits in the lower tier of its crypto derivatives peer group.

Full SOLZ profile⁠

Full XRPI profile⁠

SOLZ vs XRPI 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.

SOLZ vs XRPI Cost

Overpaying XRPI vs SOLZ

$543

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

  • SOLZ 1.64%

    $28,229

  • XRPI 1.68%

    $28,772

$10,000
30 years

Cost over time

  • SOLZ 1.64%
  • XRPI 1.68%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530XRPI $28,772SOLZ $28,229

Year by year

YearSOLZXRPIOverpaying
10$2,815$2,879$64
20$10,284$10,499$215
30$28,229$28,772$543

Expense ratio

  • 1.64%SOLZ, cheaper
  • 1.68%XRPI
  • Middle half of Crypto Derivatives funds
  • Median 1.03%

SOLZ 4th cheapest of 5 funds

XRPI 5th cheapest of 5 funds

SOLZ vs XRPI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SOLZ 2.38%
XRPI 2.78%, better
Payout (12M)
SOLZ $0.22
XRPI $0.19
Last payment
SOLZ $0.02
XRPI $0.01
Ex-dividend
SOLZ Oct 21, 2026
XRPI Oct 21, 2026
Paid on
SOLZ Oct 22, 2026
XRPI Oct 22, 2026
Frequency
SOLZ Monthly
XRPI Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

SOLZMonthly · 19 paymentsAll SOLZ payments⁠
One bar per payment. 19 payments from 2025 to 2026 YTD. Apr 28, 2025 $0.01; May 28, 2025 $0.02; Jun 26, 2025 $0.03; Jul 29, 2025 $0.01; Aug 27, 2025 $0.03; Sep 26, 2025 $0.03; Oct 29, 2025 $0.04; Nov 25, 2025 $0.02; Dec 15, 2025 $0.02; Jan 21, 2026 $0.03; Feb 18, 2026 $0.02; Mar 18, 2026 $0.01; Apr 22, 2026 $0.02; May 20, 2026 $0.01; Jun 17, 2026 $0.01; Jul 22, 2026 $0.01; Aug 19, 2026 $0.01; Sep 23, 2026 $0.02; Oct 21, 2026 $0.02. Use the arrow keys to read each point.$0$0.052026YTD
XRPIMonthly · 17 paymentsAll XRPI payments⁠
One bar per payment. 17 payments from 2025 to 2026 YTD. Jun 26, 2025 $0.01; Jul 29, 2025 $0.01; Aug 27, 2025 $0.03; Sep 26, 2025 $0.03; Oct 29, 2025 $0.03; Nov 25, 2025 $0.02; Dec 15, 2025 $0.01; Jan 21, 2026 $0.03; Feb 18, 2026 $0.02; Mar 18, 2026 $0.01; Apr 22, 2026 $0.02; May 20, 2026 $0.01; Jun 17, 2026 $0.01; Jul 22, 2026 $0.01; Aug 19, 2026 $0.01; Sep 23, 2026 $0.01; Oct 21, 2026 $0.01. Use the arrow keys to read each point.$0$0.052026YTD

SOLZ vs XRPI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SOLZ 57.7%since Apr 2025XRPI 52.9%since Jun 2025
Return per unit of riskSharpe ratio, 3 years
SOLZ −0.23since Apr 2025XRPI −0.78since Jun 2025
Worst fallMax drawdown, 5 years
SOLZ −75.7%since Mar 2025XRPI −75.6%since May 2025
Market sensitivityBeta, 5 years
SOLZ 0.83XRPI 1.20

SOLZ and XRPI in the news

All news⁠

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