EZBC vs. BTC-USD
Compare and contrast key facts about Franklin Bitcoin ETF (EZBC) and Bitcoin (BTC-USD).
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: EZBC or BTC-USD.
Correlation
The correlation between EZBC and BTC-USD is 0.76, 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.
Performance
EZBC vs. BTC-USD - Performance Comparison
Key characteristics
EZBC:
2.32
BTC-USD:
1.89
EZBC:
2.86
BTC-USD:
2.61
EZBC:
1.34
BTC-USD:
1.26
EZBC:
4.77
BTC-USD:
1.74
EZBC:
10.94
BTC-USD:
8.57
EZBC:
11.99%
BTC-USD:
11.01%
EZBC:
56.59%
BTC-USD:
43.80%
EZBC:
-27.49%
BTC-USD:
-93.07%
EZBC:
-5.98%
BTC-USD:
-6.01%
Returns By Period
In the year-to-date period, EZBC achieves a 7.50% return, which is significantly higher than BTC-USD's 6.77% return.
EZBC
7.50%
-5.98%
57.79%
135.10%
N/A
N/A
BTC-USD
6.77%
-6.01%
55.93%
133.39%
61.99%
84.79%
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Risk-Adjusted Performance
EZBC vs. BTC-USD — Risk-Adjusted Performance Rank
EZBC
BTC-USD
EZBC vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Bitcoin ETF (EZBC) and Bitcoin (BTC-USD). 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.
Drawdowns
EZBC vs. BTC-USD - Drawdown Comparison
The maximum EZBC drawdown since its inception was -27.49%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for EZBC and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
EZBC vs. BTC-USD - Volatility Comparison
Franklin Bitcoin ETF (EZBC) has a higher volatility of 14.73% compared to Bitcoin (BTC-USD) at 13.39%. This indicates that EZBC's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.