ETHB vs. EZET

Last updated Jun 4, 2026

ETHB (iShares Staked Ethereum Trust ETF) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds - ETHB tracks the CME CF Ether Dollar Reference Rate - New York Variant while EZET tracks the CME CF Ether-Dollar Reference Rate - New York Variant. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. ETHB charges 0.25%/yr vs 0.19%/yr for EZET.

Performance

ETHB vs. EZET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Staked Ethereum Trust ETF (ETHB) and Franklin Ethereum ETF (EZET). 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*: —

EZET

• 1D: -5.67%
• 1M: -23.67%
• YTD: -39.43%
• 6M: -42.74%
• 1Y: -31.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHB vs. EZET - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-13.09%
EZET Franklin Ethereum ETF	-13.18%

Correlation

The correlation between ETHB and EZET is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 13, 2026	1.00

Return for Risk

ETHB vs. EZET — Risk / Return Rank

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

EZET

EZET Risk / Return Rank: 5
EZET Sharpe Ratio Rank: 5
EZET Sortino Ratio Rank: 6
EZET Omega Ratio Rank: 6
EZET Calmar Ratio Rank: 5
EZET Martin Ratio Rank: 5

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. EZET - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	ETHB	EZET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-0.41	-0.57

Drawdowns

ETHB vs. EZET - Drawdown Comparison

The maximum ETHB drawdown since its inception was -25.90%, smaller than the maximum EZET drawdown of -64.05%. Use the drawdown chart below to compare losses from any high point for ETHB and EZET.

Drawdown Indicators

	ETHB	EZET	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-64.05%	+38.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-62.87%	—
Current Drawdown Current decline from peak	-25.90%	-62.87%	+36.97%
Average Drawdown Average peak-to-trough decline	-7.89%	-32.67%	+24.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.73%	—

Volatility

Volatility by Period

	ETHB	EZET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	47.62%	68.43%	-20.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.62%	72.37%	-24.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.62%	72.37%	-24.75%

ETHB vs. EZET - Expense Ratio Comparison

ETHB has a 0.25% expense ratio, which is higher than EZET'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. EZET - Dividend Comparison

Neither ETHB nor EZET has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETHB and EZET in my portfolio?

With a correlation of 1.00, ETHB and EZET 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 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, ETHB or EZET?

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

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

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

What is the main difference between ETHB and EZET?

ETHB tracks CME CF Ether Dollar Reference Rate - New York Variant, while EZET tracks CME CF Ether-Dollar 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 EZET.