ETHE.SW vs. EZBC
Compare and contrast key facts about CoinShares Physical Ethereum (ETH) (ETHE.SW) and Franklin Bitcoin ETF (EZBC).
ETHE.SW and EZBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETHE.SW is an actively managed fund by CoinShares. It was launched on Feb 23, 2021. EZBC is a passively managed fund by Franklin Templeton that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETHE.SW or EZBC.
Key characteristics
| ETHE.SW | EZBC | |
|---|---|---|
| Daily Std Dev | 45.94% | 58.90% |
| Max Drawdown | -70.97% | -22.86% |
| Current Drawdown | -24.56% | -11.44% |
Correlation
The correlation between ETHE.SW and EZBC is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ETHE.SW vs. EZBC - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ETHE.SW vs. EZBC - Expense Ratio Comparison
ETHE.SW has a 0.00% expense ratio, which is lower than EZBC's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ETHE.SW vs. EZBC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CoinShares Physical Ethereum (ETH) (ETHE.SW) 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.
Not enough dataDividends
ETHE.SW vs. EZBC - Dividend Comparison
Neither ETHE.SW nor EZBC has paid dividends to shareholders.
Drawdowns
ETHE.SW vs. EZBC - Drawdown Comparison
The maximum ETHE.SW drawdown since its inception was -70.97%, which is greater than EZBC's maximum drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for ETHE.SW and EZBC. For additional features, visit the drawdowns tool.
Volatility
ETHE.SW vs. EZBC - Volatility Comparison
The current volatility for CoinShares Physical Ethereum (ETH) (ETHE.SW) is 11.28%, while Franklin Bitcoin ETF (EZBC) has a volatility of 15.62%. This indicates that ETHE.SW experiences smaller price fluctuations and is considered to be less risky than EZBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.