EZBC vs. BLOX

Last updated Apr 2, 2026

Compare and contrast key facts about Franklin Bitcoin ETF (EZBC) and Nicholas Crypto Income ETF (BLOX).

EZBC and BLOX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. BLOX is an actively managed fund by Nicholas. It was launched on Jun 16, 2025.

Performance

EZBC vs. BLOX - Performance Comparison

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

EZBC vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
EZBC Franklin Bitcoin ETF	-22.09%	-16.61%
BLOX Nicholas Crypto Income ETF	-18.45%	9.24%

Returns By Period

In the year-to-date period, EZBC achieves a -22.09% return, which is significantly lower than BLOX's -18.45% return.

EZBC

• 1D: 0.59%
• 1M: -1.43%
• YTD: -22.09%
• 6M: -42.07%
• 1Y: -19.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: 0.46%
• 1M: -12.15%
• YTD: -18.45%
• 6M: -37.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EZBC vs. BLOX - Expense Ratio Comparison

EZBC has a 0.19% expense ratio, which is lower than BLOX's 1.03% expense ratio.

BLOX

Nicholas Crypto Income ETF

EZBC

Franklin Bitcoin ETF

Return for Risk

EZBC vs. BLOX — Risk / Return Rank

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

EZBC

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

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.

EZBC vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Bitcoin ETF (EZBC) and Nicholas Crypto Income ETF (BLOX). 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.

	EZBC	BLOX	Difference
Sharpe ratio Return per unit of total volatility	-0.44	—	—
Sortino ratio Return per unit of downside risk	-0.37	—	—
Omega ratio Gain probability vs. loss probability	0.96	—	—
Calmar ratio Return relative to maximum drawdown	-0.35	—	—
Martin ratio Return relative to average drawdown	-0.75	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EZBC	BLOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	-0.25	+0.61

Correlation

The correlation between EZBC and BLOX is 0.82, 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.

Dividends

EZBC vs. BLOX - Dividend Comparison

EZBC has not paid dividends to shareholders, while BLOX's dividend yield for the trailing twelve months is around 42.04%.

	TTM	2025
EZBC Franklin Bitcoin ETF	0.00%	0.00%
BLOX Nicholas Crypto Income ETF	42.04%	22.69%

Drawdowns

EZBC vs. BLOX - Drawdown Comparison

The maximum EZBC drawdown since its inception was -49.37%, roughly equal to the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for EZBC and BLOX.

Drawdown Indicators

	EZBC	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-49.37%	-47.09%	-2.28%
Max Drawdown (1Y) Largest decline over 1 year	-49.37%	—	—
Current Drawdown Current decline from peak	-45.77%	-43.63%	-2.14%
Average Drawdown Average peak-to-trough decline	-14.18%	-16.70%	+2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.25%	—	—

Volatility

Volatility by Period

	EZBC	BLOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.37%	55.26%	-9.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.08%	55.26%	-4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.08%	55.26%	-4.18%