EZPZ vs. BFJL

Last updated Jul 16, 2026

EZPZ (Franklin Crypto Index ETF) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - EZPZ is a Cryptocurrency fund tracking the CF Institutional Digital Asset Index – US-Settlement Price, while BFJL is a Defined Outcome fund managed by First Trust. Over the past year, EZPZ returned -45.18% vs -14.57% for BFJL. Their correlation of 0.89 suggests significant overlap in exposure. EZPZ charges 0.19%/yr vs 0.90%/yr for BFJL.

Performance

EZPZ vs. BFJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Crypto Index ETF (EZPZ) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZPZ achieves a -28.44% return, which is significantly lower than BFJL's -4.08% return.

EZPZ

• 1D: 0.69%
• 1M: -2.28%
• 6M: -36.68%
• YTD: -28.44%
• 1Y: -45.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFJL

• 1D: 0.35%
• 1M: 3.83%
• 6M: -8.53%
• YTD: -4.08%
• 1Y: -14.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EZPZ vs. BFJL - Yearly Performance Comparison

	2026 (YTD)	2025
EZPZ Franklin Crypto Index ETF	-28.44%	-15.99%
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-4.08%	-7.43%

Correlation

The correlation between EZPZ and BFJL is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.89

The correlation between EZPZ and BFJL has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.

Return for Risk

EZPZ vs. BFJL — Risk / Return Rank

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

EZPZ

EZPZ Risk / Return Rank: 2
EZPZ Sharpe Ratio Rank: 2
EZPZ Sortino Ratio Rank: 2
EZPZ Omega Ratio Rank: 2
EZPZ Calmar Ratio Rank: 3
EZPZ Martin Ratio Rank: 3

BFJL

BFJL Risk / Return Rank: 3
BFJL Sharpe Ratio Rank: 1
BFJL Sortino Ratio Rank: 2
BFJL Omega Ratio Rank: 1
BFJL Calmar Ratio Rank: 4
BFJL Martin Ratio Rank: 5

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.

EZPZ vs. BFJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Crypto Index ETF (EZPZ) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). 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.

	EZPZ	BFJL	Difference
Sharpe ratio: Return per unit of total volatility	-0.95	-1.11	+0.16
Sortino ratio: Return per unit of downside risk	-1.38	-1.49	+0.11
Omega ratio: Gain probability vs. loss probability	0.85	0.82	+0.03
Calmar ratio: Return relative to maximum drawdown	-0.80	-0.69	-0.11
Martin ratio: Return relative to average drawdown	-1.28	-0.96	-0.32

EZPZ vs. BFJL - Sharpe Ratio Comparison

The current EZPZ Sharpe Ratio is -0.95, which is comparable to the BFJL Sharpe Ratio of -1.11. The chart below compares the historical Sharpe Ratios of EZPZ and BFJL, 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

EZPZ vs. BFJL - Drawdown Comparison

The maximum EZPZ drawdown since its inception was -56.63%, which is greater than BFJL's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for EZPZ and BFJL.

Drawdown Indicators

	EZPZ	BFJL	Difference
Max Drawdown Largest peak-to-trough decline	-56.63%	-21.27%	-35.36%
Max Drawdown (1Y) Largest decline over 1 year	-56.63%	-21.27%	-35.36%
Current Drawdown Current decline from peak	-51.74%	-18.13%	-33.61%
Average Drawdown Average peak-to-trough decline	-24.21%	-12.65%	-11.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.32%	15.23%	+20.09%

Volatility

EZPZ vs. BFJL - Volatility Comparison

Franklin Crypto Index ETF (EZPZ) has a higher volatility of 12.60% compared to FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) at 2.80%. This indicates that EZPZ's price experiences larger fluctuations and is considered to be riskier than BFJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EZPZ	BFJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.60%	2.80%	+9.80%
Volatility (6M) Calculated over the trailing 6-month period	37.34%	6.98%	+30.36%
Volatility (1Y) Calculated over the trailing 1-year period	47.83%	13.24%	+34.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.53%	13.29%	+34.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.53%	13.29%	+34.24%

EZPZ vs. BFJL - Expense Ratio Comparison

EZPZ has a 0.19% expense ratio, which is lower than BFJL's 0.90% expense ratio.

Dividends

EZPZ vs. BFJL - Dividend Comparison

EZPZ has not paid dividends to shareholders, while BFJL's dividend yield for the trailing twelve months is around 1.40%.

Position	TTM	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.40%	1.35%
EZPZ Franklin Crypto Index ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both EZPZ and BFJL in my portfolio?

EZPZ and BFJL have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EZPZ or BFJL?

EZPZ has higher volatility (12.60%) compared to BFJL (2.80%). In terms of maximum drawdown, EZPZ dropped -56.63% vs BFJL's -21.27%.

Which ETF is better, EZPZ or BFJL?

On 1-year performance, BFJL leads with -14.57% vs -45.18% for EZPZ. On fees, EZPZ is cheaper at 0.19% per year. On volatility, BFJL has been the lower-risk option at 2.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EZPZ or BFJL?

Over the 1-year period, BFJL has performed better with a -14.57% return vs -45.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EZPZ or BFJL?

EZPZ is cheaper with a 0.19% expense ratio, compared with 0.90% for BFJL.

Which ETF pays a higher dividend yield, EZPZ or BFJL?

BFJL has the higher dividend yield at 1.40%, compared with 0.00% for EZPZ.

What is the main difference between EZPZ and BFJL?

EZPZ is categorized as Cryptocurrency, while BFJL is Defined Outcome. They also come from different issuers: Franklin Templeton and First Trust. Their fees differ too: 0.19% for EZPZ and 0.90% for BFJL.

Which has better risk-adjusted returns?

EZPZ currently has the higher Sharpe Ratio (-0.95 vs -1.11), 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.