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Data as of .

FSOL vs SOLC: which tracked its coin?

Over the window both share, FSOL finished 0.96 of a percentage point ahead of Solana and SOLC 1.7 ahead.

Fidelity Solana Fund and Canary Marinade Solana ETF, side by side, crypto ETFs on ETFIQ.

−25.5%FSOL returned, time since it listed
−24.6%SOLC returned, time since it listed
+1.7 ptsFSOL against Solana, in percentage points
+2.6 ptsSOLC against Solana, in percentage points

ETFIQ Coin Capture Score: SOLC scores higher

How much of what holding the coin gave did a holder of the fund keep?

FSOL 73.2SOLC 80.41.8, the lowest in this set98.2, the highest

A percentile among the 28 spot crypto ETPs listed less than a year. It is a position in a set, not a rating, and neither end of it is a recommendation. All crypto ETFs ranked by it · How it is computed

FSOL1.7 pts from Solana · since launch to Sep 11, 2026
Solana−27.17%FSOL−25.51%1.66 pts ahead of SolanaTotal return, since launch, fund against the coinSolana−27.17%FSOL−25.51%1.66 pts ahead of SolanaTotal return, since launch
SOLC2.6 pts from Solana · since launch to Sep 11, 2026
Solana−27.17%SOLC−24.61%2.56 pts ahead of SolanaTotal return, since launch, fund against the coinSolana−27.17%SOLC−24.61%2.56 pts ahead of SolanaTotal return, since launch

The same coin, two trusts

FSOL and SOLC hold the same asset. Both are 1933 Act trusts holding Solana through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. Over the same days, FSOL finished 1.7 percentage points ahead of Solana and SOLC 2.6 percentage points ahead, so FSOL kept more of what holding the coin gave, by 0.90 of a percentage point. That gap is the fee, the custody, the creation and redemption friction and the market’s pricing of the shares, compounded into one figure.

Performance, window by window

FSOL and SOLC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnThe coin over the same daysDifference, percentage points
FSOLSOLCFSOLSOLCFSOLSOLC
1 month+35.4%+35.5%+35.6%+35.6%−0.2 pts−0.1 pts
3 months+53.9%+54.9%+53.4%+53.4%+0.6 pts+1.5 pts
6 months+17.1%+17.9%+16.1%+16.1%+1.0 pts+1.7 pts
Since each listed−25.5%−24.6%−27.2%−27.2%+1.7 pts+2.6 pts
Open the live comparison on ETFIQ
FSOL and SOLC on the same fields, as of Sep 11, 2026. Source: ETFIQ.
FSOL
Fidelity Solana Fund
Holds Solana through a custodian, listed Nov 18, 2025
SOLC
Canary Marinade Solana ETF
Holds Solana through a custodian, listed Nov 18, 2025
SponsorFidelityCanary
HoldsSolanaSolana
Net assetsnot readnot read
Sponsor’s fee0.25%0.50%
Fee waivernonethe whole fee
Stakingthe filings say it doesthe filings say it does
ListedNov 18, 2025Nov 18, 2025
Days since listing297 days297 days
Days it has traded204204
Days it closed unchanged30
Quotedon an exchange, every trading dayon an exchange, every trading day
Fund returned, 1 year or since launch−25.5%−24.6%
The coin over the same days−27.2%−27.2%
Difference, percentage points+1.7 pts+2.6 pts
Fund returned since it listed−25.5%−24.6%
Difference since it listed+1.7 pts+2.6 pts
Price$12.13$20.5814

FSOL in plain words

FSOL holds Solana through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, Solana moved −27.2% and FSOL returned −25.5%. That leaves it 1.7 percentage points ahead. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. FSOL charges 0.25% a year and still finished 1.7% ahead of Solana, which a fee cannot do on its own. Solana is a proof of stake chain, so a fund holding it can stake. FSOL’s own filings say it does (424B3, Aug 21, 2026). What the prices show is that it finished 1.7% ahead of Solana’s own price over the same days, against +3.1% for the other 8 funds holding Solana. After a fee, an in-kind ETP ahead of the asset it holds got there by staking. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Solana it custodies.

SOLC in plain words

SOLC holds Solana through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, Solana moved −27.2% and SOLC returned −24.6%. That leaves it 2.6 percentage points ahead. SOLC charges 0.50% a year and still finished 2.6% ahead of Solana, which a fee cannot do on its own. SOLC’s own filings say it does (10-Q, Aug 7, 2026). What the prices show is that it finished 2.6% ahead of Solana’s own price over the same days, against +3.1% for the other 8 funds holding Solana.

Questions people ask

Which tracked Solana more closely, FSOL or SOLC?
Over the window to Sep 11, 2026, FSOL finished 1.7 percentage points ahead of Solana and SOLC 2.6 percentage points ahead, so FSOL tracked it more closely, by 0.90 of a percentage point. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin, all together.
Do FSOL or SOLC pay a staking yield?
Solana is a proof of stake chain, so staking is possible. Whether either trust stakes, and what the sponsor keeps of it, is a term in its own filings and is read from those rather than assumed.
What is the difference between FSOL and SOLC?
Both hold Solana through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. FSOL is sponsored by Fidelity and listed Nov 18, 2025; SOLC by Canary, listed Nov 18, 2025.
Which is cheaper, FSOL or SOLC?
FSOL charges 0.25% a year and SOLC charges 0.50%, so FSOL is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FSOL against SOLC, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FSOL against SOLC, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/FSOL-SOLC Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources