ETHB vs. EZBC

Last updated Jun 4, 2026

ETHB (iShares Staked Ethereum Trust ETF) and EZBC (Franklin Bitcoin ETF) are both Cryptocurrency funds - ETHB tracks the CME CF Ether Dollar Reference Rate - New York Variant while EZBC tracks the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. ETHB charges 0.25%/yr vs 0.19%/yr for EZBC.

Performance

ETHB vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Staked Ethereum Trust ETF (ETHB) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETHB

• 1D: -5.62%
• 1M: -23.55%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZBC

• 1D: -2.73%
• 1M: -18.42%
• YTD: -25.36%
• 6M: -29.82%
• 1Y: -38.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHB vs. EZBC - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-13.09%
EZBC Franklin Bitcoin ETF	-7.29%

Correlation

The correlation between ETHB and EZBC is 0.93, 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 Mar 13, 2026	0.93

Return for Risk

ETHB vs. EZBC — Risk / Return Rank

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

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: 2

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.

ETHB vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Staked Ethereum Trust ETF (ETHB) 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.

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

Sharpe Ratios by Period

	ETHB	EZBC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	0.30	-1.28

Drawdowns

ETHB vs. EZBC - Drawdown Comparison

The maximum ETHB drawdown since its inception was -25.90%, smaller than the maximum EZBC drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for ETHB and EZBC.

Drawdown Indicators

	ETHB	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-49.37%	+23.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.37%	—
Current Drawdown Current decline from peak	-25.90%	-48.04%	+22.14%
Average Drawdown Average peak-to-trough decline	-7.89%	-16.01%	+8.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.42%	—

Volatility

Volatility by Period

	ETHB	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	47.62%	43.67%	+3.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.62%	50.06%	-2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.62%	50.06%	-2.44%

ETHB vs. EZBC - Expense Ratio Comparison

ETHB has a 0.25% expense ratio, which is higher than EZBC's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ETHB vs. EZBC - Dividend Comparison

Neither ETHB nor EZBC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETHB and EZBC in my portfolio?

With a correlation of 0.93, ETHB and EZBC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ETHB 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, ETHB or EZBC?

EZBC is cheaper with a 0.19% expense ratio, compared with 0.25% for ETHB.

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

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

What is the main difference between ETHB and EZBC?

ETHB tracks CME CF Ether Dollar Reference Rate - New York Variant, while EZBC tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.25% for ETHB and 0.19% for EZBC.