EZET vs. FLCH

Last updated Aug 5, 2026

EZET (Franklin Ethereum ETF) and FLCH (Franklin FTSE China ETF) are both exchange-traded funds - EZET is a Cryptocurrency fund tracking the CME CF Ether-Dollar Reference Rate - New York Variant, while FLCH is a China Equities fund tracking the FTSE China RIC Capped Index. Both are passively managed. Over the past year, EZET returned -49.07% vs 0.17% for FLCH. Their 0.31 correlation means their historical movements had little consistent relationship. Both charge a 0.19% expense ratio.

Performance

EZET vs. FLCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Ethereum ETF (EZET) and Franklin FTSE China ETF (FLCH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZET achieves a -36.99% return, which is significantly lower than FLCH's -5.99% return.

EZET

• 1D: 0.28%
• 1M: 10.09%
• 6M: -18.59%
• YTD: -36.99%
• 1Y: -49.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -26.66%

FLCH

• 1D: 0.27%
• 1M: 8.86%
• 6M: -7.54%
• YTD: -5.99%
• 1Y: 0.17%
• 3Y*: 8.51%
• 5Y*: -2.13%
• 10Y*: —
• ALL TIME*: 0.61%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EZET Franklin Ethereum ETF	$400.33K	$484.91K	$668.91K
FLCH Franklin FTSE China ETF	$1.47M	$4.17M	$3.23M

EZET vs. FLCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EZET Franklin Ethereum ETF	-36.99%	-11.23%	-4.77%
FLCH Franklin FTSE China ETF	-5.99%	32.55%	12.02%

Correlation

The correlation between EZET and FLCH is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024	0.31

Return for Risk

EZET vs. FLCH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EZET

EZET Risk / Return Rank: 3
EZET Sharpe Ratio Rank: 3
EZET Sortino Ratio Rank: 3
EZET Omega Ratio Rank: 3
EZET Calmar Ratio Rank: 3
EZET Martin Ratio Rank: 4

FLCH

FLCH Risk / Return Rank: 10
FLCH Sharpe Ratio Rank: 10
FLCH Sortino Ratio Rank: 10
FLCH Omega Ratio Rank: 10
FLCH Calmar Ratio Rank: 10
FLCH Martin Ratio Rank: 10

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EZET vs. FLCH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Ethereum ETF (EZET) and Franklin FTSE China ETF (FLCH). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EZET	FLCH	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	0.01	-0.75
Sortino ratio: Return per unit of downside risk	-0.95	0.15	-1.10
Omega ratio: Gain probability vs. loss probability	0.89	1.02	-0.12
Calmar ratio: Return relative to maximum drawdown	-0.72	0.01	-0.73
Martin ratio: Return relative to average drawdown	-1.07	0.02	-1.09

EZET vs. FLCH - Sharpe Ratio Comparison

The current EZET Sharpe Ratio is -0.74, which is lower than the FLCH Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of EZET and FLCH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EZET vs. FLCH - Drawdown Comparison

The maximum EZET drawdown since its inception was -67.89%, which is greater than FLCH's maximum drawdown of -62.09%. Use the drawdown chart below to compare losses from any high point for EZET and FLCH.

Drawdown Indicators

	EZET	FLCH	Difference
Max Drawdown Largest peak-to-trough decline	-67.89%	-62.09%	-5.80%
Max Drawdown (1Y) Largest decline over 1 year	-67.89%	-21.48%	-46.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.38%	—
Current Drawdown Current decline from peak	-61.38%	-33.73%	-27.65%
Average Drawdown Average peak-to-trough decline	-35.30%	-30.63%	-4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.69%	10.31%	+35.38%

Volatility

EZET vs. FLCH - Volatility Comparison

Franklin Ethereum ETF (EZET) has a higher volatility of 11.10% compared to Franklin FTSE China ETF (FLCH) at 5.42%. This indicates that EZET's price experiences larger fluctuations and is considered to be riskier than FLCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EZET	FLCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.10%	5.42%	+5.68%
Volatility (6M) Calculated over the trailing 6-month period	43.45%	13.80%	+29.65%
Volatility (1Y) Calculated over the trailing 1-year period	66.94%	19.83%	+47.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.19%	29.33%	+41.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.19%	27.76%	+43.43%

EZET vs. FLCH - Expense Ratio Comparison

Both EZET and FLCH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EZET vs. FLCH - Dividend Comparison

EZET has not paid dividends to shareholders, while FLCH's dividend yield for the trailing twelve months is around 2.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZET Franklin Ethereum ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLCH Franklin FTSE China ETF	2.30%	2.36%	2.87%	3.47%	2.69%	1.48%	0.91%	1.98%	1.92%	0.01%

Frequently Asked Questions

Can I hold both EZET and FLCH in my portfolio?

EZET and FLCH have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EZET or FLCH?

EZET has higher volatility (11.10%) compared to FLCH (5.42%). In terms of maximum drawdown, EZET dropped -67.89% vs FLCH's -62.09%.

Which ETF is better, EZET or FLCH?

On 1-year performance, FLCH leads with 0.17% vs -49.07% for EZET. Both ETFs have the same 0.19% expense ratio. On volatility, FLCH has been the lower-risk option at 5.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EZET or FLCH?

Over the 1-year period, FLCH has performed better with a 0.17% return vs -49.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EZET or FLCH?

EZET and FLCH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, EZET or FLCH?

FLCH has the higher dividend yield at 2.30%, compared with 0.00% for EZET.

What is the main difference between EZET and FLCH?

EZET is categorized as Cryptocurrency, while FLCH is China Equities. EZET tracks CME CF Ether-Dollar Reference Rate - New York Variant, while FLCH tracks FTSE China RIC Capped Index.

Which has better risk-adjusted returns?

FLCH currently has the higher Sharpe Ratio (0.01 vs -0.74), 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.