EZBC vs. FLKR

Last updated Jun 3, 2026

EZBC (Franklin Bitcoin ETF) and FLKR (Franklin FTSE South Korea ETF) are both exchange-traded funds - EZBC is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while FLKR is a Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index. Both are passively managed. Over the past year, EZBC returned -35.86% vs 242.73% for FLKR. At a 0.34 correlation, their price movements are largely independent. EZBC charges 0.19%/yr vs 0.09%/yr for FLKR.

Performance

EZBC vs. FLKR - Performance Comparison

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

Returns By Period

In the year-to-date period, EZBC achieves a -23.26% return, which is significantly lower than FLKR's 116.13% return.

EZBC

• 1D: -5.96%
• 1M: -14.30%
• YTD: -23.26%
• 6M: -26.35%
• 1Y: -35.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLKR

• 1D: -0.99%
• 1M: 31.27%
• YTD: 116.13%
• 6M: 134.17%
• 1Y: 242.73%
• 3Y*: 51.55%
• 5Y*: 19.96%
• 10Y*: —

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

EZBC vs. FLKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EZBC Franklin Bitcoin ETF	-23.26%	-6.56%	100.18%
FLKR Franklin FTSE South Korea ETF	116.13%	91.91%	-14.19%

Correlation

The correlation between EZBC and FLKR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024	0.34

Return for Risk

EZBC vs. FLKR — Risk / Return Rank

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

EZBC

EZBC Risk / Return Rank: 2
EZBC Sharpe Ratio Rank: 2
EZBC Sortino Ratio Rank: 2
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC Martin Ratio Rank: 2

FLKR

FLKR Risk / Return Rank: 96
FLKR Sharpe Ratio Rank: 98
FLKR Sortino Ratio Rank: 95
FLKR Omega Ratio Rank: 95
FLKR Calmar Ratio Rank: 97
FLKR Martin Ratio Rank: 97

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. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Bitcoin ETF (EZBC) and Franklin FTSE South Korea ETF (FLKR). 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	FLKR	Difference
Sharpe ratio Return per unit of total volatility	-0.83	5.94	-6.76
Sortino ratio Return per unit of downside risk	-1.09	5.28	-6.37
Omega ratio Gain probability vs. loss probability	0.88	1.74	-0.87
Calmar ratio Return relative to maximum drawdown	-0.73	10.80	-11.53
Martin ratio Return relative to average drawdown	-1.27	40.15	-41.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EZBC vs. FLKR - Sharpe Ratio Comparison

The current EZBC Sharpe Ratio is -0.83, which is lower than the FLKR Sharpe Ratio of 5.94. The chart below compares the historical Sharpe Ratios of EZBC and FLKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EZBC	FLKR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	5.94	-6.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.56	-0.23

Drawdowns

EZBC vs. FLKR - Drawdown Comparison

The maximum EZBC drawdown since its inception was -49.37%, roughly equal to the maximum FLKR drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for EZBC and FLKR.

Drawdown Indicators

	EZBC	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-49.37%	-50.06%	+0.69%
Max Drawdown (1Y) Largest decline over 1 year	-49.37%	-23.03%	-26.34%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.39%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.51%	—
Current Drawdown Current decline from peak	-46.58%	-0.99%	-45.59%
Average Drawdown Average peak-to-trough decline	-15.96%	-22.08%	+6.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.26%	6.19%	+22.07%

Volatility

EZBC vs. FLKR - Volatility Comparison

The current volatility for Franklin Bitcoin ETF (EZBC) is 9.72%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 20.11%. This indicates that EZBC experiences smaller price fluctuations and is considered to be less risky than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EZBC	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.72%	20.11%	-10.39%
Volatility (6M) Calculated over the trailing 6-month period	34.80%	36.51%	-1.71%
Volatility (1Y) Calculated over the trailing 1-year period	43.59%	41.18%	+2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.07%	28.18%	+21.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.07%	27.57%	+22.50%

EZBC vs. FLKR - Expense Ratio Comparison

EZBC has a 0.19% expense ratio, which is higher than FLKR's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

EZBC vs. FLKR - Dividend Comparison

EZBC has not paid dividends to shareholders, while FLKR's dividend yield for the trailing twelve months is around 1.79%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZBC Franklin Bitcoin ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLKR Franklin FTSE South Korea ETF	1.79%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%

Frequently Asked Questions

Can I hold both EZBC and FLKR in my portfolio?

EZBC and FLKR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EZBC or FLKR?

FLKR has higher volatility (20.11%) compared to EZBC (9.72%). In terms of maximum drawdown, EZBC dropped -49.37% vs FLKR's -50.06%.

Which ETF is better, EZBC or FLKR?

On 1-year performance, FLKR leads with 242.73% vs -35.86% for EZBC. On fees, FLKR is cheaper at 0.09% per year. On volatility, EZBC has been the lower-risk option at 9.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EZBC or FLKR?

Over the 1-year period, FLKR has performed better with a 242.73% return vs -35.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EZBC or FLKR?

FLKR is cheaper with a 0.09% expense ratio, compared with 0.19% for EZBC.

Which ETF pays a higher dividend yield, EZBC or FLKR?

FLKR has the higher dividend yield at 1.79%, compared with 0.00% for EZBC.

What is the main difference between EZBC and FLKR?

EZBC is categorized as Cryptocurrency, while FLKR is Asia Pacific Equities. EZBC tracks CME CF Bitcoin Reference Rate - New York Variant, while FLKR tracks FTSE South Korea RIC Capped Index. Their fees differ too: 0.19% for EZBC and 0.09% for FLKR.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (5.94 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.