DOJE vs. EZET

Last updated Jul 17, 2026

DOJE (REX-Osprey DOGE ETF) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds - DOJE tracks the Dogecoin (DOGE) spot price while EZET tracks the CME CF Ether-Dollar Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure. DOJE charges 1.50%/yr vs 0.19%/yr for EZET.

Performance

DOJE vs. EZET - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with DOJE having a -38.04% return and EZET slightly higher at -36.90%.

DOJE

• 1D: -1.13%
• 1M: -16.34%
• 6M: -48.00%
• YTD: -38.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZET

• 1D: -2.47%
• 1M: 4.41%
• 6M: -43.05%
• YTD: -36.90%
• 1Y: -44.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DOJE vs. EZET - Yearly Performance Comparison

	2026 (YTD)	2025
DOJE REX-Osprey DOGE ETF	-38.04%	-58.85%
EZET Franklin Ethereum ETF	-36.90%	-34.38%

Correlation

The correlation between DOJE and EZET is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

Return for Risk

DOJE vs. EZET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

EZET

EZET Risk / Return Rank: 4
EZET Sharpe Ratio Rank: 4
EZET Sortino Ratio Rank: 4
EZET Omega Ratio Rank: 5
EZET Calmar Ratio Rank: 4
EZET Martin Ratio Rank: 4

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.

DOJE vs. EZET - Risk-Adjusted Trends Comparison

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

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	EZET	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.66	—
Sortino ratio: Return per unit of downside risk	—	-0.76	—
Omega ratio: Gain probability vs. loss probability	—	0.92	—
Calmar ratio: Return relative to maximum drawdown	—	-0.66	—
Martin ratio: Return relative to average drawdown	—	-1.03	—

Drawdowns

DOJE vs. EZET - Drawdown Comparison

The maximum DOJE drawdown since its inception was -74.92%, which is greater than EZET's maximum drawdown of -67.89%. Use the drawdown chart below to compare losses from any high point for DOJE and EZET.

Drawdown Indicators

	DOJE	EZET	Difference
Max Drawdown Largest peak-to-trough decline	-74.92%	-67.89%	-7.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-67.89%	—
Current Drawdown Current decline from peak	-74.50%	-61.32%	-13.18%
Average Drawdown Average peak-to-trough decline	-54.86%	-34.63%	-20.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	43.55%	—

Volatility

Volatility by Period

	DOJE	EZET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	47.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	75.67%	68.45%	+7.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.67%	71.90%	+3.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.67%	71.90%	+3.77%

DOJE vs. EZET - Expense Ratio Comparison

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

Dividends

DOJE vs. EZET - Dividend Comparison

Neither DOJE nor EZET has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DOJE and EZET in my portfolio?

DOJE and EZET 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 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, DOJE or EZET?

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

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

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

What is the main difference between DOJE and EZET?

DOJE tracks Dogecoin (DOGE) spot price, while EZET tracks CME CF Ether-Dollar 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 EZET.