ETHB vs. EZBC

Last updated Jul 12, 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: 2.63%
• 1M: 6.67%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZBC

• 1D: 1.15%
• 1M: 0.52%
• 6M: -29.23%
• YTD: -27.02%
• 1Y: -46.08%
• 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	-12.83%
EZBC Franklin Bitcoin ETF	-9.64%

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 12, 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.

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: 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.

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	—	-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	—	-1.35	—

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	-26.18%	-49.20%	+23.02%
Average Drawdown Average peak-to-trough decline	-14.61%	-17.55%	+2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	32.55%	—

Volatility

Volatility by Period

	ETHB	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.01%	44.40%	+9.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.01%	49.91%	+4.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.01%	49.91%	+4.10%

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 0.21%, while EZBC has not paid dividends to shareholders.

Position	TTM
ETHB iShares Staked Ethereum Trust ETF	0.21%
EZBC Franklin Bitcoin ETF	0.00%

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 has the higher dividend yield at 0.21%, 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.