ETHB vs. EZPZ

Last updated Jun 4, 2026

ETHB (iShares Staked Ethereum Trust ETF) and EZPZ (Franklin Crypto Index ETF) are both Cryptocurrency funds - ETHB tracks the CME CF Ether Dollar Reference Rate - New York Variant while EZPZ tracks the CF Institutional Digital Asset Index – US-Settlement Price. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. ETHB charges 0.25%/yr vs 0.19%/yr for EZPZ.

Performance

ETHB vs. EZPZ - Performance Comparison

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

EZPZ

• 1D: -3.03%
• 1M: -18.55%
• YTD: -28.21%
• 6M: -33.71%
• 1Y: -39.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETHB vs. EZPZ - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-13.09%
EZPZ Franklin Crypto Index ETF	-8.78%

Correlation

The correlation between ETHB and EZPZ is 0.94, 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	0.94

Return for Risk

ETHB vs. EZPZ — Risk / Return Rank

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

EZPZ

EZPZ Risk / Return Rank: 3
EZPZ Sharpe Ratio Rank: 2
EZPZ Sortino Ratio Rank: 3
EZPZ Omega Ratio Rank: 3
EZPZ Calmar Ratio Rank: 3
EZPZ Martin Ratio Rank: 3

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. EZPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Staked Ethereum Trust ETF (ETHB) and Franklin Crypto Index ETF (EZPZ). 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	EZPZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-0.61	-0.37

Drawdowns

ETHB vs. EZPZ - Drawdown Comparison

The maximum ETHB drawdown since its inception was -25.90%, smaller than the maximum EZPZ drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for ETHB and EZPZ.

Drawdown Indicators

	ETHB	EZPZ	Difference
Max Drawdown Largest peak-to-trough decline	-25.90%	-52.38%	+26.48%
Max Drawdown (1Y) Largest decline over 1 year	—	-52.38%	—
Current Drawdown Current decline from peak	-25.90%	-51.59%	+25.69%
Average Drawdown Average peak-to-trough decline	-7.89%	-21.72%	+13.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.44%	—

Volatility

Volatility by Period

	ETHB	EZPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	47.62%	46.83%	+0.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.62%	47.65%	-0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.62%	47.65%	-0.03%

ETHB vs. EZPZ - Expense Ratio Comparison

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

Neither ETHB nor EZPZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ETHB and EZPZ in my portfolio?

With a correlation of 0.94, ETHB and EZPZ 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 EZPZ?

On fees, EZPZ 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 EZPZ?

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

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

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

What is the main difference between ETHB and EZPZ?

ETHB tracks CME CF Ether Dollar Reference Rate - New York Variant, while EZPZ tracks CF Institutional Digital Asset Index – US-Settlement Price. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.25% for ETHB and 0.19% for EZPZ.