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 0.75, 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:
1.46
BTC-USD:
1.48
EZBC:
2.15
BTC-USD:
2.19
EZBC:
1.25
BTC-USD:
1.22
EZBC:
2.97
BTC-USD:
1.23
EZBC:
6.72
BTC-USD:
8.41
EZBC:
12.17%
BTC-USD:
8.60%
EZBC:
56.19%
BTC-USD:
43.82%
EZBC:
-27.49%
BTC-USD:
-93.07%
EZBC:
-11.31%
BTC-USD:
-9.44%
Returns By Period
In the year-to-date period, EZBC achieves a 1.40% return, which is significantly lower than BTC-USD's 2.89% return.
EZBC
1.40%
-9.21%
48.65%
81.64%
N/A
N/A
BTC-USD
2.89%
-7.26%
49.98%
87.36%
57.48%
82.18%
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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 9.72% compared to Bitcoin (BTC-USD) at 9.00%. 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.