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 0.74, 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:
0.38
BTC-USD:
0.60
EZBC:
0.93
BTC-USD:
1.22
EZBC:
1.11
BTC-USD:
1.12
EZBC:
0.74
BTC-USD:
0.39
EZBC:
1.65
BTC-USD:
2.90
EZBC:
12.33%
BTC-USD:
10.86%
EZBC:
54.25%
BTC-USD:
42.47%
EZBC:
-27.49%
BTC-USD:
-93.07%
EZBC:
-21.58%
BTC-USD:
-22.43%
Returns By Period
In the year-to-date period, EZBC achieves a -10.34% return, which is significantly higher than BTC-USD's -11.87% return.
EZBC
-10.34%
-0.41%
27.39%
17.87%
N/A
N/A
BTC-USD
-11.87%
-2.42%
25.44%
18.22%
66.48%
78.34%
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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
The current volatility for Franklin Bitcoin ETF (EZBC) is 16.37%, while Bitcoin (BTC-USD) has a volatility of 19.66%. This indicates that EZBC experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.