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EZBC vs. BITB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EZBC and BITB is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 1.0

Performance

EZBC vs. BITB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Bitcoin ETF (EZBC) and Bitwise Bitcoin ETF (BITB). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
82.07%
81.17%
EZBC
BITB

Key characteristics

Sharpe Ratio

EZBC:

0.36

BITB:

0.36

Sortino Ratio

EZBC:

0.91

BITB:

0.91

Omega Ratio

EZBC:

1.10

BITB:

1.10

Calmar Ratio

EZBC:

0.71

BITB:

0.71

Martin Ratio

EZBC:

1.57

BITB:

1.56

Ulcer Index

EZBC:

12.47%

BITB:

12.53%

Daily Std Dev

EZBC:

54.16%

BITB:

54.09%

Max Drawdown

EZBC:

-27.49%

BITB:

-27.44%

Current Drawdown

EZBC:

-20.45%

BITB:

-20.42%

Returns By Period

The year-to-date returns for both investments are quite close, with EZBC having a -9.05% return and BITB slightly higher at -9.01%.


EZBC

YTD

-9.05%

1M

1.03%

6M

37.65%

1Y

21.67%

5Y*

N/A

10Y*

N/A

BITB

YTD

-9.01%

1M

0.94%

6M

37.54%

1Y

21.54%

5Y*

N/A

10Y*

N/A

*Annualized

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EZBC vs. BITB - Expense Ratio Comparison

EZBC has a 0.19% expense ratio, which is lower than BITB's 0.20% 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%.


Expense ratio chart for BITB: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BITB: 0.20%
Expense ratio chart for EZBC: current value is 0.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
EZBC: 0.19%

Risk-Adjusted Performance

EZBC vs. BITB — Risk-Adjusted Performance Rank

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

EZBC
The Risk-Adjusted Performance Rank of EZBC is 5252
Overall Rank
The Sharpe Ratio Rank of EZBC is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of EZBC is 5858
Sortino Ratio Rank
The Omega Ratio Rank of EZBC is 5454
Omega Ratio Rank
The Calmar Ratio Rank of EZBC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of EZBC is 4646
Martin Ratio Rank

BITB
The Risk-Adjusted Performance Rank of BITB is 5252
Overall Rank
The Sharpe Ratio Rank of BITB is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of BITB is 5858
Sortino Ratio Rank
The Omega Ratio Rank of BITB is 5353
Omega Ratio Rank
The Calmar Ratio Rank of BITB is 6464
Calmar Ratio Rank
The Martin Ratio Rank of BITB is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EZBC vs. BITB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Bitcoin ETF (EZBC) and Bitwise Bitcoin ETF (BITB). 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.


The chart of Sharpe ratio for EZBC, currently valued at 0.36, compared to the broader market-1.000.001.002.003.004.005.00
EZBC: 0.36
BITB: 0.36
The chart of Sortino ratio for EZBC, currently valued at 0.91, compared to the broader market-2.000.002.004.006.008.0010.00
EZBC: 0.91
BITB: 0.91
The chart of Omega ratio for EZBC, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.00
EZBC: 1.10
BITB: 1.10
The chart of Calmar ratio for EZBC, currently valued at 0.71, compared to the broader market0.005.0010.0015.00
EZBC: 0.71
BITB: 0.71
The chart of Martin ratio for EZBC, currently valued at 1.57, compared to the broader market0.0020.0040.0060.0080.00100.00
EZBC: 1.57
BITB: 1.56

The current EZBC Sharpe Ratio is 0.36, which is comparable to the BITB Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of EZBC and BITB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00Jan 19Jan 26Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30
0.36
0.36
EZBC
BITB

Dividends

EZBC vs. BITB - Dividend Comparison

Neither EZBC nor BITB has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

EZBC vs. BITB - Drawdown Comparison

The maximum EZBC drawdown since its inception was -27.49%, roughly equal to the maximum BITB drawdown of -27.44%. Use the drawdown chart below to compare losses from any high point for EZBC and BITB. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-20.45%
-20.42%
EZBC
BITB

Volatility

EZBC vs. BITB - Volatility Comparison

Franklin Bitcoin ETF (EZBC) and Bitwise Bitcoin ETF (BITB) have volatilities of 16.72% and 16.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%18.00%20.00%NovemberDecember2025FebruaryMarchApril
16.72%
16.72%
EZBC
BITB