ETFIQetfiq.com · independent ETF data
SOEZ Franklin Solana Trust
A spot Solana trust. It holds the coin and trades like a share.Franklin0.19% fee$17mSince Dec 3, 2025SEC filings ↗Every Franklin fund ETFIQ covers
Since listing to Sep 30, 2026, SOEZ returned −13.7% against Solana’s −18.4%, 5.7% ahead once both returns are compounded.
−13.7%
Total return, time since it listed
−18.4%
Solana over the same days
+5.7%
Difference against Solana, compounded
207
Days it has traded
Where every fund in this set sits
How much of what holding the coin gave did a holder of the fund keep?
96.1% to 105.7% across 25
That is the share of the 25 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.
ETFIQ Coin Capture Score
98.01st of 25
SOEZ kept 105.7% of what holding Solana gave over the same days.
share of the coin's growth it kept105.7% · 98th pct
| Window | The fund | Solana | Difference, percentage points |
|---|---|---|---|
| 1M Aug 31 – Sep 30, 2026 | +13.3% | +14.6% | −1.3 pts |
| 3M Jul 1 – Sep 30, 2026 | +54.0% | +52.6% | +1.5 pts |
| 6M Apr 1 – Sep 30, 2026 | +43.4% | +45.4% | −2.0 pts |
| Since it listed Dec 3, 2025 – Sep 30, 2026 | −13.7% | −18.4% | +5.7% of its growth |
SOEZ over each window to Sep 30, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
Head to head
In plain words
Over the time since it listed to Sep 30, 2026, Solana moved −18.4% and SOEZ returned −13.7%. That leaves it 5.7% ahead once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. Doing it would read +4.7 pts, which is 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 finished 5.7% 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. SOEZ’s own filings say it does (424B3, Aug 26, 2026). What the prices show is that it finished 5.7% ahead of Solana’s own price over the same days, against +3.0% for the other 7 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.
SponsorFranklin
HoldsSolana
Sponsor’s fee (10-Q)0.19%
Fee waiverthe whole fee, on the first $5.0 billion of assets. Past that the difference from the coin widens by the amount waived.
Net assets (issuer page, as of Sep 30, 2026)$17m
Stakingthe filings say the trust stakes
Listed sinceDec 3, 2025
Days traded207
Days it closed unchanged0
Quotedon an exchange, every trading day
Price$20.2618
SOEZ (Franklin Solana Trust), crypto ETFs fields as of Sep 30, 2026. Source: ETFIQ.
Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. How these figures are computed
Questions people ask about SOEZ
- Does SOEZ track Solana?
- Over the time since it listed to Sep 30, 2026 it returned −13.7% against Solana’s −18.4%, which leaves it 5.7% 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.
Sources and dates
Prices, SOEZ and SolanaPrices, Tiingo end of day ↗
Net assets, $17mIssuer page · Sep 30, 2026
All fund filingsFilings on SEC EDGAR ↗
IssuerFranklin website ↗
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page
ETFIQ, SOEZ, crypto ETFs, data as of Sep 30, 2026. https://etfiq.com/funds/soez
ETFIQ. (Sep 30, 2026). SOEZ, crypto ETFs. Retrieved from https://etfiq.com/funds/soez
[SOEZ, crypto ETFs (ETFIQ, Sep 30, 2026)](https://etfiq.com/funds/soez)
The tracking bar for SOEZ, redrawn every trading night. Free to use with the credit link.
Free to use with attribution; the underlying files are at Open data.
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.
SOEZ, Crypto ETFs, ETFIQ, data as of Sep 30, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.