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

Correlation

The correlation between EZBC and BITX is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

EZBC vs. BITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Bitcoin ETF (EZBC) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EZBC:

1.23

BITX:

0.59

Sortino Ratio

EZBC:

1.91

BITX:

1.56

Omega Ratio

EZBC:

1.22

BITX:

1.18

Calmar Ratio

EZBC:

2.39

BITX:

1.09

Martin Ratio

EZBC:

5.29

BITX:

2.18

Ulcer Index

EZBC:

12.77%

BITX:

30.75%

Daily Std Dev

EZBC:

53.83%

BITX:

108.75%

Max Drawdown

EZBC:

-28.23%

BITX:

-61.28%

Current Drawdown

EZBC:

-1.87%

BITX:

-21.07%

Returns By Period

In the year-to-date period, EZBC achieves a 12.19% return, which is significantly higher than BITX's 7.61% return.


EZBC

YTD

12.19%

1M

25.08%

6M

16.78%

1Y

65.76%

5Y*

N/A

10Y*

N/A

BITX

YTD

7.61%

1M

52.60%

6M

7.48%

1Y

63.87%

5Y*

N/A

10Y*

N/A

*Annualized

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EZBC vs. BITX - Expense Ratio Comparison

EZBC has a 0.19% expense ratio, which is lower than BITX's 1.85% expense ratio.


Risk-Adjusted Performance

EZBC vs. BITX — 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 8787
Overall Rank
The Sharpe Ratio Rank of EZBC is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of EZBC is 8888
Sortino Ratio Rank
The Omega Ratio Rank of EZBC is 8383
Omega Ratio Rank
The Calmar Ratio Rank of EZBC is 9494
Calmar Ratio Rank
The Martin Ratio Rank of EZBC is 8585
Martin Ratio Rank

BITX
The Risk-Adjusted Performance Rank of BITX is 7171
Overall Rank
The Sharpe Ratio Rank of BITX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of BITX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of BITX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of BITX is 8282
Calmar Ratio Rank
The Martin Ratio Rank of BITX is 5757
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. BITX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Bitcoin ETF (EZBC) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). 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 current EZBC Sharpe Ratio is 1.23, which is higher than the BITX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of EZBC and BITX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EZBC vs. BITX - Dividend Comparison

EZBC has not paid dividends to shareholders, while BITX's dividend yield for the trailing twelve months is around 12.49%.


Drawdowns

EZBC vs. BITX - Drawdown Comparison

The maximum EZBC drawdown since its inception was -28.23%, smaller than the maximum BITX drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for EZBC and BITX. For additional features, visit the drawdowns tool.


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Volatility

EZBC vs. BITX - Volatility Comparison

The current volatility for Franklin Bitcoin ETF (EZBC) is 9.06%, while Volatility Shares 2x Bitcoin Strategy ETF (BITX) has a volatility of 17.98%. This indicates that EZBC experiences smaller price fluctuations and is considered to be less risky than BITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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