EVOLVE SOLANA ETF UNITS UNHEDGED CADEVOLVE SOLANA ETF UNITS UNHEDGED CADEVOLVE SOLANA ETF UNITS UNHEDGED CAD

EVOLVE SOLANA ETF UNITS UNHEDGED CAD

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Key stats


Assets under management (AUM)
‪5.86 M‬CAD
Fund flows (1Y)
‪4.36 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
−1.1%
Shares outstanding
‪525.00 K‬
Expense ratio

About EVOLVE SOLANA ETF UNITS UNHEDGED CAD


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Apr 15, 2025
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
CME CF Solana-Dollar Reference Rate - Benchmark Price Return
Management style
Passive
Primary advisor
Evolve Funds Group, Inc.
The fund is passively managed to invest directly in Solana. Long-term holdings of Solana are purchased through Coinbase, other reputable Solana trading platforms, and OTC counterparties. Holdings are priced based on the CME CF Solana-Dollar Reference Rate, a once-a-day benchmark index price for Solana, denominated in US dollars. A geographically diverse set of spot prices are included in the index calculation to ensure that the reference rate reflects the global price of Solana. The reference rate is calculated daily based on trades placed on certain approved trading platforms during 15:00-16:00 London Time. The one-hour window is divided equally into twelve 5-minute segments. Each segment has a volume weighted median (VWM). The end value is expressed as the arithmetic mean of the 12 VWMs. The index is designed to be representative of the market but given the volatility, it may not be in all instances. The shares are eligible for registered accounts.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Solana, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous99.23%
Cash0.77%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Broaden your horizons with more funds linked to SOLA via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SOLA trades at 11.14 CAD today, its price has risen 2.58% in the past 24 hours. Track more dynamics on SOLA price chart.
SOLA net asset value is 11.27 today — it's fallen 1.90% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SOLA assets under management is ‪5.86 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SOLA fund flows account for ‪4.36 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SOLA invests in cash. See more details in our Analysis section.
No, SOLA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SOLA doesn't pay dividends to its holders.
SOLA trades at a premium (1.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SOLA shares are issued by Evolve Funds Group, Inc.
SOLA follows the CME CF Solana-Dollar Reference Rate - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 15, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.