ETHB vs. EZBC

Last updated Aug 2, 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 0.92 means they have usually moved in the same direction. 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: -3.07%
• 1M: 9.94%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EZBC

• 1D: -2.86%
• 1M: 2.28%
• 6M: -25.05%
• YTD: -28.20%
• 1Y: -44.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.49%

*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)
ETHB iShares Staked Ethereum Trust ETF	$8.62M	$8.86M	$9.94M
EZBC Franklin Bitcoin ETF	$3.11M	$3.63M	$7.00M

ETHB vs. EZBC - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-9.16%
EZBC Franklin Bitcoin ETF	-11.11%

Correlation

The correlation between ETHB and EZBC is 0.92, 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 Mar 12, 2026	0.92

Return for Risk

ETHB vs. EZBC — Risk / Return Rank

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

ETHB

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

EZBC

EZBC Risk / Return Rank: 1
EZBC Sharpe Ratio Rank: 1
EZBC Sortino Ratio Rank: 1
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC Martin Ratio Rank: 2

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.

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.

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.

	ETHB	EZBC	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.05	—
Sortino ratio: Return per unit of downside risk	—	-1.58	—
Omega ratio: Gain probability vs. loss probability	—	0.83	—
Calmar ratio: Return relative to maximum drawdown	—	-0.87	—
Martin ratio: Return relative to average drawdown	—	-1.34	—

Drawdowns

ETHB vs. EZBC - Drawdown Comparison

The maximum ETHB drawdown since its inception was -35.92%, smaller than the maximum EZBC drawdown of -53.35%. 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	-35.92%	-53.35%	+17.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.35%	—
Current Drawdown Current decline from peak	-23.07%	-50.02%	+26.95%
Average Drawdown Average peak-to-trough decline	-15.76%	-18.28%	+2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.65%	—

Volatility

Volatility by Period

	ETHB	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.40%	44.37%	+8.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.40%	49.52%	+2.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.40%	49.52%	+2.88%

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

ETHB's dividend yield for the trailing twelve months is around 0.20%, while EZBC has not paid dividends to shareholders.

Position	TTM
ETHB iShares Staked Ethereum Trust ETF	0.20%
EZBC Franklin Bitcoin ETF	0.00%

Frequently Asked Questions

Can I hold both ETHB and EZBC in my portfolio?

With a correlation of 0.92, 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 has the higher dividend yield at 0.20%, compared with 0.00% for EZBC.

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.