Solana: Diversifying your portfolio by investing in a tech play
Iscriviti alla nostra newsletter
Approfondimenti della Ricerca.
->
Allocazione di portafoglio
,

Solana: Diversifying your portfolio by investing in a tech play

May 13, 2025
Solana: Diversifying your portfolio by investing in a tech playSolana: Diversifying your portfolio by investing in a tech playVideo Thumbnail

When assessing the role of Solana, or any cryptocurrency, in a portfolio, a crucial factor to consider is its return correlation with major asset classes. Understanding these correlations helps investors identify assets with asymmetric return potential and diversification benefits.

Solana stands out as a platform for innovation, showing remarkably low correlation with traditional asset classes. Its correlation is just 6% with gold and 29% with real estate, making it an appealing option for those looking to invest in new technologies.

Solana derives its fundamental value from delivering high-performance infrastructure at minimal cost. With only a 27% correlation to traditional tech equities, it offers investors the opportunity to tap into tech innovation without significantly exposing themselves to broader market risks.

Solana vs. Bitcoin: Complementary cryptos with diverging use cases and correlation

Solana and Bitcoin currently share a moderate correlation of 53%, underscoring their distinct roles within a portfolio. While Bitcoin is increasingly viewed as a store of value, Solana represents a high-growth technology investment.

As Solana’s ecosystem grows, new use cases develop and crypto markets mature, its correlation with Bitcoin may decline even more, reinforcing the case for holding both assets as complementary exposures in a diversified portfolio.

Evaluating Solana in a traditional growth portfolio

To assess Solana’s role in a standard growth portfolio (60% U.S. equities/ 40% U.S. bonds), 21Shares tested six rebalancing strategies, each incorporating a 5% allocation to Solana. 

The addition significantly improved the portfolio’s Sharpe ratio across all strategies, confirming Solana’s ability to boost returns without a proportional increase in risk, which aligns with insights from our correlation analysis. 

Solana improves risk-adjusted returns

Across the board, the portfolios that included Solana saw their annualized returns and Sharpe ratio at least double compared to the benchmark, underscoring the strength of its risk-adjusted performance.

Rebalancing strategy matters

Rebalancing is a key part of managing investments. As markets change, the mix of assets in the portfolio can also shift. Rebalancing helps you get back to your original plan and keep risk in check. 

In case of Solana:

No rebalancing delivered the highest long-term returns, but with significantly more volatility and deeper drawdowns, traits that may deter risk-conscious investors.

Frequent rebalancing (daily/weekly/monthly) helped reduce drawdowns and volatility but limited Solana’s upside by consistently trimming gains.

Quarterly and annual frequent rebalancing offered a middle ground, allowing Solana to compound gains while maintaining a balanced risk profile.

Annual rebalancing offers the optimal mix

Among all strategies, annual rebalancing struck the most effective balance, delivering the highest risk-adjusted returns while keeping drawdowns in check. This approach allowed for meaningful growth from Solana’s exposure without compromising portfolio stability. 

Solana’s combination of low correlation with traditional assets and high growth potential makes it a powerful diversifier in multi-asset portfolios. However, managing exposure through strategic rebalancing is crucial to align with an investor's risk tolerance and portfolio goals.

This report has been prepared and issued by 21Shares AG for publication globally. All information used in the publication of this report has been compiled from publicly available sources that are believed to be reliable, however, we do not guarantee the accuracy or completeness of this report. Crypto asset trading involves a high degree of risk. The crypto asset market is new to many and unproven and may have the potential not to grow as expected.‍Currently, there is relatively small use of crypto assets in the retail and commercial marketplace in comparison to relatively large use by speculators, thus contributing to price volatility that could adversely affect an investment in crypto assets. In order to participate in the trading of crypto assets, you should be capable of evaluating the merits and risks of the investment and be able to bear the economic risk of losing your entire investment.‍Nothing herein does or should be considered as an offer to buy or sell or solicitation to buy or invest in crypto assets or derivatives. This report is provided for information and research purposes only and should not be construed or presented as an offer or solicitation for any investment. The information provided does not constitute a prospectus or any offering and does not contain or constitute an offer to sell or solicit an offer to invest in any jurisdiction. The crypto assets or derivatives and/or any services contained or referred to herein may not be suitable for you and it is recommended that you consult an independent advisor. Nothing herein constitutes investment, legal, accounting or tax advice, or a representation that any investment or strategy is suitable or appropriate to your individual circumstances or otherwise constitutes a personal recommendation. Neither 21Shares AG nor any of its affiliates accept liability for loss arising from the use of the material presented or discussed herein.‍Readers are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those in the forward-looking statements as a result of various factors.‍This report may contain or refer to material that is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject 21Shares AG or any of its affiliates to any registration, affiliation, approval or licensing requirement within such jurisdiction.

Report della Ricerca

Visualizza tutto

Allocazione di portafoglio

Visualizza tutto
Documenti
Prospetto
Condizioni Finali
Informazioni chiave
Scarica EMT
Schede informative
Issuer Specific Summary
Informazioni Legali
Avviso
Disclaimer
Informativa sulla privacy
Condizioni d'uso
Termini di utilizzo del simulatore ETH
Azienda
Chi siamo
Carriera
Stampa
Contatti
Contatta il nostro team
21Shares AG
Pelikanstrasse 37
8001 Zürich,
Svizzera
+41 44 260 86 60

© 2025 21Shares AG. Tutti i diritti riservati.

21Shares è parte di

Il materiale contenuto in questo sito web ha scopo puramente informativo. 21Shares AG e le sue consociate non sollecitano alcuna azione sulla base di tale materiale. Il materiale non deve essere interpretato come un’offerta o una raccomandazione di acquisto o di vendita di un titolo e non deve essere interpretato come una consulenza in materia di investimenti. Inoltre, il materiale accessibile attraverso questo sito web non costituisce una dichiarazione in merito all’idoneità o all’opportunità degli investimenti per qualsiasi persona. Le performance passate non sono indicative di quelle future. Per i termini e le condizioni completi e l’informativa sulla privacy, consultare la versione in inglese. In caso di discrepanze, farà fede la versione inglese.

Welcome to 21shares
Country of residence
Exchange
Investor Type
Retail Investor
Qualified Investor
Choose your investor type to continue.

General Disclaimers

This website belongs to and is issued by 21 Shares (consisting of 21Shares AG and itsaffiliates). 21Shares publishes this website solely to provide information on 21Shares and itsproducts. This website does not constitute a public offering of financial products. Nothing on thiswebsite should be considered advice or a recommendation to any person to subscribe for financialproducts or investment services and activities. No information published on this website constitutes a solicitation, offer or recommendationto buy or sell any investment instruments or to conclude any other transactions or any legal actswhatsoever.The website may contain forward-looking statements. 21Shares makes no assurance that productsbased on crypto currencies, digital assets and indices referencing them will provide positiveinvestment returns. Do not invest before carefully considering the risks associated with investing insuch products and read in detail all pre-contractual documentation and periodic reports. Refer to thesection entitled “Risk Factors” in the relevant Prospectus (consisting of all its Supplements) and theFinal Terms for details on the risks associated with an investment in the products offered by theissuers before investing. Seek your own independent investment advice on all applicable legalrequirements, exchange control regulations and taxes in your jurisdiction.Charts and graphs are provided for illustrative purposes only and past performance is not anindication or guarantee of future results. The investment performance of any security referred to onthis website can be volatile and can go up or down in value and you can lose your entire investment.Exchange rates may affect the value of investments. Investments in foreign currencies areadditionally subject to exchange rate fluctuations and therefore carry a higher level of risk.Therefore, 21Shares cannot guarantee that any capital invested will maintain its value or increase invalue.21Shares does not guarantee the accuracy, completeness, timeliness or availability of the websiteinformation and will not be responsible for any errors or omissions, regardless of the cause, for theresults obtained from the use of the content. 21Shares will not be liable for damages (includingdamages for loss of earnings, business interruption, loss of information or other economic losses ofany kind whatsoever) arising from the use, in any form or for any purpose, of the data andinformation contained on the website.The entire content of the website is protected by copyright, with all rights reserved by 21Shares. Youmay save or print individual pages or sections of the website only if copyright and proprietary noticesremain intact. Any saving or copying of data acknowledges that copyrights and ownership rightsremain with 21Shares. The website does not grant any license or right to use images, trademarks,logos, or software, and downloading or copying any part does not transfer title.This website and the materials herein are directed only to certain types of investors in certainjurisdictions in which 21Shares’ products may be distributed. Accordingly, the website is notdirected at any person in any jurisdiction in which (by reason of that person's nationality, taxresidence or otherwise) publication of or access to the website is prohibited. Persons in respect ofwhom such local restrictions apply must not access the website.

Agree and continue