EZPZ vs. EHY

Last updated Jun 6, 2026

EZPZ (Franklin Crypto Index ETF) and EHY (Amplify Ethereum Max Income Covered Call ETF) are both Cryptocurrency funds. EZPZ is passively managed, while EHY is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. EZPZ charges 0.19%/yr vs 0.75%/yr for EHY.

Performance

EZPZ vs. EHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Crypto Index ETF (EZPZ) and Amplify Ethereum Max Income Covered Call ETF (EHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EZPZ achieves a -34.43% return, which is significantly higher than EHY's -47.32% return.

EZPZ

• 1D: -6.18%
• 1M: -26.82%
• YTD: -34.43%
• 6M: -36.79%
• 1Y: -42.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EHY

• 1D: -13.73%
• 1M: -37.19%
• YTD: -47.32%
• 6M: -44.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EZPZ vs. EHY - Yearly Performance Comparison

	2026 (YTD)	2025
EZPZ Franklin Crypto Index ETF	-34.43%	-29.55%
EHY Amplify Ethereum Max Income Covered Call ETF	-47.32%	-25.71%

Correlation

The correlation between EZPZ and EHY is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 10, 2025	0.92

Return for Risk

EZPZ vs. EHY — 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: 2

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. EHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Crypto Index ETF (EZPZ) and Amplify Ethereum Max Income Covered Call ETF (EHY). 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.

	EZPZ	EHY	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	—	—
Sortino ratio: Return per unit of downside risk	-1.25	—	—
Omega ratio: Gain probability vs. loss probability	0.86	—	—
Calmar ratio: Return relative to maximum drawdown	-0.76	—	—
Martin ratio: Return relative to average drawdown	-1.37	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EZPZ	EHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.71	-1.27	+0.56

Drawdowns

EZPZ vs. EHY - Drawdown Comparison

The maximum EZPZ drawdown since its inception was -55.78%, smaller than the maximum EHY drawdown of -60.86%. Use the drawdown chart below to compare losses from any high point for EZPZ and EHY.

Drawdown Indicators

	EZPZ	EHY	Difference
Max Drawdown Largest peak-to-trough decline	-55.78%	-60.86%	+5.08%
Max Drawdown (1Y) Largest decline over 1 year	-55.78%	—	—
Current Drawdown Current decline from peak	-55.78%	-60.86%	+5.08%
Average Drawdown Average peak-to-trough decline	-21.92%	-33.43%	+11.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.82%	—	—

Volatility

Volatility by Period

	EZPZ	EHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	36.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	47.23%	60.31%	-13.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.86%	60.31%	-12.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.86%	60.31%	-12.45%

EZPZ vs. EHY - Expense Ratio Comparison

EZPZ has a 0.19% expense ratio, which is lower than EHY's 0.75% expense ratio.

Dividends

EZPZ vs. EHY - Dividend Comparison

EZPZ has not paid dividends to shareholders, while EHY's dividend yield for the trailing twelve months is around 56.69%.

Position	TTM	2025
EHY Amplify Ethereum Max Income Covered Call ETF	56.69%	8.87%
EZPZ Franklin Crypto Index ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both EZPZ and EHY in my portfolio?

With a correlation of 0.92, EZPZ and EHY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EZPZ or EHY?

On fees, EZPZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EZPZ or EHY?

EZPZ is cheaper with a 0.19% expense ratio, compared with 0.75% for EHY.

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

EHY has the higher dividend yield at 56.69%, compared with 0.00% for EZPZ.

What is the main difference between EZPZ and EHY?

They also come from different issuers: Franklin Templeton and Amplify. Their fees differ too: 0.19% for EZPZ and 0.75% for EHY.