BLKC vs. EZET

Last updated Jun 5, 2026

BLKC (Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds - BLKC tracks the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index while EZET tracks the CME CF Ether-Dollar Reference Rate - New York Variant. Both are passively managed. A 0.69 correlation means they provide meaningful diversification when combined. BLKC charges 0.60%/yr vs 0.19%/yr for EZET.

Performance

BLKC vs. EZET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Franklin Ethereum ETF (EZET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLKC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZET

• 1D: -1.32%
• 1M: -25.14%
• YTD: -40.23%
• 6M: -43.56%
• 1Y: -32.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLKC vs. EZET - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	-12.03%	13.79%	18.87%
EZET Franklin Ethereum ETF	-40.23%	-11.23%	-3.68%

Correlation

The correlation between BLKC and EZET is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jul 24, 2024	0.69

The correlation between BLKC and EZET has been stable across timeframes, ranging from 0.64 to 0.69 - a consistent structural relationship.

Return for Risk

BLKC vs. EZET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EZET

EZET Risk / Return Rank: 5
EZET Sharpe Ratio Rank: 5
EZET Sortino Ratio Rank: 6
EZET Omega Ratio Rank: 6
EZET Calmar Ratio Rank: 5
EZET Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLKC vs. EZET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Franklin Ethereum ETF (EZET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BLKC	EZET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.42	—

Drawdowns

Drawdown Indicators

	BLKC	EZET	Difference
Max Drawdown Largest peak-to-trough decline	—	-64.05%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-63.36%	—
Current Drawdown Current decline from peak	—	-63.36%	—
Average Drawdown Average peak-to-trough decline	—	-32.74%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.94%	—

Volatility

Volatility by Period

	BLKC	EZET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	68.34%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	72.29%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	72.29%	—

BLKC vs. EZET - Expense Ratio Comparison

BLKC has a 0.60% expense ratio, which is higher than EZET's 0.19% expense ratio.

Dividends

BLKC vs. EZET - Dividend Comparison

BLKC's dividend yield for the trailing twelve months is around 4.39%, while EZET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	4.39%	7.72%	19.66%	1.92%	5.40%	0.51%
EZET Franklin Ethereum ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BLKC and EZET in my portfolio?

BLKC and EZET have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLKC or EZET?

On fees, EZET is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLKC or EZET?

EZET is cheaper with a 0.19% expense ratio, compared with 0.60% for BLKC.

Which ETF pays a higher dividend yield, BLKC or EZET?

BLKC has the higher dividend yield at 4.39%, compared with 0.00% for EZET.

What is the main difference between BLKC and EZET?

BLKC tracks Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index, while EZET tracks CME CF Ether-Dollar Reference Rate - New York Variant. They also come from different issuers: Invesco and Franklin Templeton. Their fees differ too: 0.60% for BLKC and 0.19% for EZET.