DOJE vs. EZBC

Last updated Aug 4, 2026

DOJE (REX-Osprey DOGE ETF) and EZBC (Franklin Bitcoin ETF) are both Cryptocurrency funds - DOJE tracks the Dogecoin (DOGE) spot price while EZBC tracks the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.82 means they have usually moved in the same direction. DOJE charges 1.50%/yr vs 0.19%/yr for EZBC.

Performance

DOJE vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX-Osprey DOGE ETF (DOJE) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOJE achieves a -40.41% return, which is significantly lower than EZBC's -27.09% return.

DOJE

• 1D: 0.48%
• 1M: -5.56%
• 6M: -35.57%
• YTD: -40.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EZBC

• 1D: 1.54%
• 1M: 3.86%
• 6M: -18.20%
• YTD: -27.09%
• 1Y: -43.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.11%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DOJE REX-Osprey DOGE ETF	$104.78K	$208.74K	$290.77K
EZBC Franklin Bitcoin ETF	$3.88M	$4.12M	$6.98M

DOJE vs. EZBC - Yearly Performance Comparison

	2026 (YTD)	2025
DOJE REX-Osprey DOGE ETF	-40.41%	-58.85%
EZBC Franklin Bitcoin ETF	-27.09%	-24.44%

Correlation

The correlation between DOJE and EZBC is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.82

Return for Risk

DOJE vs. EZBC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DOJE

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

EZBC

EZBC Risk / Return Rank: 2
EZBC Sharpe Ratio Rank: 2
EZBC Sortino Ratio Rank: 2
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DOJE vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey DOGE ETF (DOJE) and Franklin Bitcoin ETF (EZBC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DOJE	EZBC	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.99	—
Sortino ratio: Return per unit of downside risk	—	-1.45	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.82	—
Martin ratio: Return relative to average drawdown	—	-1.26	—

Drawdowns

DOJE vs. EZBC - Drawdown Comparison

The maximum DOJE drawdown since its inception was -75.86%, which is greater than EZBC's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for DOJE and EZBC.

Drawdown Indicators

	DOJE	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-75.86%	-53.35%	-22.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.35%	—
Current Drawdown Current decline from peak	-75.48%	-49.25%	-26.23%
Average Drawdown Average peak-to-trough decline	-55.98%	-18.33%	-37.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.78%	—

Volatility

Volatility by Period

	DOJE	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	73.94%	44.39%	+29.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.94%	49.49%	+24.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.94%	49.49%	+24.45%

DOJE vs. EZBC - Expense Ratio Comparison

DOJE has a 1.50% expense ratio, which is higher than EZBC's 0.19% expense ratio.

Dividends

DOJE vs. EZBC - Dividend Comparison

Neither DOJE nor EZBC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DOJE and EZBC in my portfolio?

DOJE and EZBC have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DOJE or EZBC?

On fees, EZBC 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, DOJE or EZBC?

EZBC is cheaper with a 0.19% expense ratio, compared with 1.50% for DOJE.

Which ETF pays a higher dividend yield, DOJE or EZBC?

DOJE and EZBC have nearly identical dividend yields, around 0.00%.

What is the main difference between DOJE and EZBC?

DOJE tracks Dogecoin (DOGE) spot price, while EZBC tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: REX-Osprey and Franklin Templeton. Their fees differ too: 1.50% for DOJE and 0.19% for EZBC.