VSOL vs ION

Comparison between VanEck Solana ETF (VSOL, ETF) and PROSHARES S&P GLOBAL CORE BATTERY METALS ETF (ION, ETF).

VSOL vs ION - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VSOL(ETF)	ION(ETF)
Net Assets	$14M	$14M
Expense Ratio	0.30%	0.58%
Max Drawdown	56.18%	53.84%
Sharpe Ratio	-0.75	0.97
5Y Beta	2.38	1.05

Net Assets

VSOL

$14M

ION

$14M

Expense Ratio

Winner

VSOL

0.30%

ION

0.58%

Max Drawdown

VSOL

56.18%

Winner

ION

53.84%

Sharpe Ratio

VSOL

-0.75

Winner

ION

0.97

5Y Beta

VSOL

2.38

Winner

ION

1.05

VSOL vs ION - Historical Returns

Returns include dividend reinvestment.

Period	VSOL	ION
1 month	+10.32%	-11.67%
3 months	-10.51%	-24.73%
6 months	-38.96%	-26.87%
1 year	N/A	+43.17%
Max(CAGR)	-52.82%	+4.87%

Winner

VSOL

+10.32%

ION

-11.67%

Winner

VSOL

-10.51%

ION

-24.73%

VSOL

-38.96%

Winner

ION

-26.87%

VSOL

N/A

ION

+43.17%

Max(CAGR)

VSOL

-52.82%

Winner

ION

+4.87%

VSOL vs ION - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	VSOL	ION
2026	-40.75%	-11.18%
2025	-4.01%	+107.85%
2024	N/A	-19.65%
2023	N/A	-13.62%
2022	N/A	-8.86%

VSOL vs ION Drawdown Comparison

The maximum drawdown for VSOL was -56.18%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for ION was -52.07%, occurring on Apr 8, 2025. Recovery took 689 trading sessions.

The current VSOL drawdown is -47.41%. The current ION drawdown is -31.26%.

Rank	VSOL	ION
#1	-56.18% Jan 14, 2026 - Jun 5, 2026	-52.07% Feb 1, 2023 - Oct 30, 2025
#2	-17.77% Nov 26, 2025 - Jan 13, 2026	-33.66% May 6, 2026 - Jul 20, 2026
#3	-10.28% Nov 18, 2025 - Nov 26, 2025	-23.30% Jan 27, 2026 - Apr 17, 2026
#4	N/A	-9.89% Dec 2, 2022 - Jan 12, 2023
#5	N/A	-7.18% Oct 30, 2025 - Nov 10, 2025
#6	N/A	-6.26% Nov 19, 2025 - Nov 28, 2025
#7	N/A	-4.91% Dec 26, 2025 - Jan 5, 2026
#8	N/A	-4.32% Apr 17, 2026 - Apr 30, 2026
#9	N/A	-3.97% Jan 14, 2026 - Jan 22, 2026
#10	N/A	-3.33% Nov 28, 2025 - Dec 8, 2025
#11	N/A	-3.24% Dec 11, 2025 - Dec 18, 2025
#12	N/A	-3.01% Jan 6, 2026 - Jan 12, 2026
#13	N/A	-2.35% Jan 26, 2023 - Feb 1, 2023
#14	N/A	-2.13% Jan 12, 2023 - Jan 20, 2023
#15	N/A	-2.09% May 1, 2026 - May 6, 2026

Correlation

Correlation between VSOL and ION is -0.36 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.36

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