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Beacon

SLONProShares Ultra Solana ETF

Take a betNewRanked #607 of 775 in this goal

Seeks daily investment results of 200% of the daily performance of the Bloomberg Solana Index.

By ProShares · Launched 2025

Annual Cost

2.14%

#5,517 of 5,562 · expensive

Fund Size

$18M

#4,411 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

11 months

#4,573 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$785-92.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Cryptocurrency

Strategy

Leveraged

Index tracked

Bloomberg Solana Index

What it actually holds

By weight

Concentration

Top 2 holdings = 2.2% of fund✓ well diversified

N/A
1.3%
N/A
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-96.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of the Bloomberg Solana Index.
Strategy
Invests primarily in financial instruments, including Solana futures, to achieve 2x daily returns on the Bloomberg Solana Index. The Fund rebalances daily to maintain its leveraged exposure, using derivatives and money market instruments.
Inception date
July 14, 2025
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19