SOEZ Franklin Solana Trust
A spot Solana trust. It holds the coin and trades like a share.
Since listing to Sep 11, 2026, SOEZ returned −24.9% against Solana’s −29.2%, 6.0% ahead once both returns are compounded.
Key facts
ETFIQ Coin Capture Score
98.21st of 28
SOEZ kept 106.0% of what holding Solana gave over the same days.
How much of what holding the coin gave did a holder of the fund keep?
That is the share of the 28 spot crypto ETPs listed less than a year sitting at or below SOEZ. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.
3rd of 9 spot Solana ETFs by where they finished against the coin
Period by period
| Window | The fund | Solana | Difference, percentage points |
|---|---|---|---|
| 1 month | +35.6% | +35.6% | 0.0 pts |
| 3 months | +54.7% | +53.4% | +1.4 pts |
| 6 months | +17.9% | +16.1% | +1.8 pts |
| Since it listed | −24.9% | −29.2% | +6.0% of its growth |
In plain words
Over the time since it listed to Sep 11, 2026, Solana moved −29.2% and SOEZ returned −24.9%. That leaves it 6.0% ahead once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. Doing it would read +4.3 pts, which is arithmetically correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 106% of what holding the coin gave says exactly that. 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. SOEZ charges 0.19% a year and still finished 6.0% 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. SOEZ’s own filings say it does (424B3, Aug 26, 2026). What the prices show is that it finished 6.0% ahead of Solana’s own price over the same days, against +2.9% 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.
| Sponsor | Franklin |
|---|---|
| Holds | Solana |
| Sponsor’s fee (10-Q) | 0.19% |
| Fee waiver | the whole fee, on the first $5.0 billion of assets. Past that the difference from the coin widens by the amount waived. |
| Net assets (10-Q balance sheet, Jun 30, 2026) | $9m |
| Staking | the filings say the trust stakes |
| Listed since | Dec 3, 2025 |
| Days traded | 194 |
| Days it closed unchanged | 0 |
| Quoted | on an exchange, every trading day |
| Price | $17.6856 |
Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. How these figures are computed
Questions people ask
- Does SOEZ track Solana?
- Over the time since it listed to Sep 11, 2026 it returned −24.9% against Solana’s −29.2%, which leaves it 6.0% ahead once both returns are compounded. That difference carries the fee, the custody cost and the market’s pricing of the shares, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.
- Does SOEZ stake?
- Solana is a proof of stake chain, so staking is possible. Whether this fund 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 SOEZ?
- Franklin Solana Trust, a spot Solana trust sponsored by Franklin, listed Dec 3, 2025. It holds the coin through a custodian rather than futures on it or shares in companies that own it.
The words on this page
- Tracking difference
- The fund’s total return minus the coin’s over exactly the same days, in percentage points. The fee, the custody cost, the creation and redemption friction and whatever the market paid for the shares, all of it, in one number.
- Spot
- The fund holds the coin itself, through a custodian, rather than futures on it or shares in companies that own it. Only spot funds are on this desk; the others are measured where they belong.
- Sponsor
- Who runs the trust. A spot crypto ETF is a 1933 Act trust rather than a registered investment company, so it has a sponsor rather than an adviser, and files a 10-K rather than an N-PORT.
- Thinly quoted
- A fund whose price sat unchanged on more than one trading day in twenty. Its quoted return is what somebody paid on the days anyone traded, which is not the same thing as what the fund did, so ETFIQ shows it and does not rank it against funds that trade.
- Staking
- Only proof of stake coins can be staked, so it exists for ether and Solana funds and cannot exist for a bitcoin one. Where a fund stakes, the yield and the sponsor’s share of it are terms in its own filings.
Every term used here, defined in full on the crypto ETFs vocabulary page.
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.
Compare SOEZ
Also against OSOL, QSOL, SOLC, SOLZ, TSOL, VSOL.
Funds near this one
Put this on your own page
The tracking bar for SOEZ, redrawn every trading night. Free to use with the credit link.
Where SOEZ is written about
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Open SOEZ live on ETFIQ, where the figures refresh with the data.
Cite this page. ETFIQ, SOEZ, crypto ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/SOEZ Free to use with attribution; the underlying files are at Open data.