EZPZ vs. FLJH

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin Crypto Index ETF (EZPZ) and Franklin FTSE Japan Hedged ETF (FLJH).

EZPZ and FLJH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EZPZ is a passively managed fund by Franklin Templeton that tracks the performance of the CF Institutional Digital Asset Index – US-Settlement Price. It was launched on Feb 20, 2025. FLJH is a passively managed fund by Franklin Templeton that tracks the performance of the FTSE Japan RIC Capped Hedged to USD Net Tax Index. It was launched on Nov 2, 2017. Both EZPZ and FLJH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EZPZ vs. FLJH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Crypto Index ETF (EZPZ) and Franklin FTSE Japan Hedged ETF (FLJH). The values are adjusted to include any dividend payments, if applicable.

EZPZ vs. FLJH - Yearly Performance Comparison

	2026 (YTD)	2025
EZPZ Franklin Crypto Index ETF	-23.94%	-10.23%
FLJH Franklin FTSE Japan Hedged ETF	6.40%	26.84%

Returns By Period

In the year-to-date period, EZPZ achieves a -23.94% return, which is significantly lower than FLJH's 6.40% return.

EZPZ

• 1D: 2.11%
• 1M: 3.63%
• YTD: -23.94%
• 6M: -43.46%
• 1Y: -16.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLJH

• 1D: 2.17%
• 1M: -7.04%
• YTD: 6.40%
• 6M: 13.61%
• 1Y: 35.61%
• 3Y*: 27.63%
• 5Y*: 17.84%
• 10Y*: —

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

EZPZ vs. FLJH - Expense Ratio Comparison

EZPZ has a 0.19% expense ratio, which is higher than FLJH'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%.

EZPZ

Franklin Crypto Index ETF

FLJH

Franklin FTSE Japan Hedged ETF

Return for Risk

EZPZ vs. FLJH — Risk / Return Rank

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

EZPZ

EZPZ Risk / Return Rank: 7
EZPZ Sharpe Ratio Rank: 6
EZPZ Sortino Ratio Rank: 7
EZPZ Omega Ratio Rank: 7
EZPZ Calmar Ratio Rank: 7
EZPZ Martin Ratio Rank: 6

FLJH

FLJH Risk / Return Rank: 86
FLJH Sharpe Ratio Rank: 83
FLJH Sortino Ratio Rank: 84
FLJH Omega Ratio Rank: 84
FLJH Calmar Ratio Rank: 89
FLJH Martin Ratio Rank: 89

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. FLJH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Crypto Index ETF (EZPZ) and Franklin FTSE Japan Hedged ETF (FLJH). 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	FLJH	Difference
Sharpe ratio Return per unit of total volatility	-0.33	1.56	-1.90
Sortino ratio Return per unit of downside risk	-0.16	2.18	-2.35
Omega ratio Gain probability vs. loss probability	0.98	1.32	-0.34
Calmar ratio Return relative to maximum drawdown	-0.33	2.83	-3.16
Martin ratio Return relative to average drawdown	-0.71	10.73	-11.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EZPZ vs. FLJH - Sharpe Ratio Comparison

The current EZPZ Sharpe Ratio is -0.33, which is lower than the FLJH Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of EZPZ and FLJH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EZPZ	FLJH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.33	1.56	-1.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	0.68	-1.27

Correlation

The correlation between EZPZ and FLJH is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EZPZ vs. FLJH - Dividend Comparison

EZPZ has not paid dividends to shareholders, while FLJH's dividend yield for the trailing twelve months is around 3.67%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZPZ Franklin Crypto Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLJH Franklin FTSE Japan Hedged ETF	3.67%	3.90%	5.06%	25.59%	26.67%	1.29%	0.00%	0.00%	5.92%	0.10%

Drawdowns

EZPZ vs. FLJH - Drawdown Comparison

The maximum EZPZ drawdown since its inception was -52.38%, which is greater than FLJH's maximum drawdown of -31.51%. Use the drawdown chart below to compare losses from any high point for EZPZ and FLJH.

Drawdown Indicators

	EZPZ	FLJH	Difference
Max Drawdown Largest peak-to-trough decline	-52.38%	-31.51%	-20.87%
Max Drawdown (1Y) Largest decline over 1 year	-52.38%	-11.83%	-40.55%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.39%	—
Current Drawdown Current decline from peak	-48.71%	-7.52%	-41.19%
Average Drawdown Average peak-to-trough decline	-18.25%	-5.39%	-12.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.42%	3.23%	+21.19%

Volatility

EZPZ vs. FLJH - Volatility Comparison

Franklin Crypto Index ETF (EZPZ) has a higher volatility of 14.00% compared to Franklin FTSE Japan Hedged ETF (FLJH) at 8.09%. This indicates that EZPZ's price experiences larger fluctuations and is considered to be riskier than FLJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EZPZ	FLJH	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.00%	8.09%	+5.91%
Volatility (6M) Calculated over the trailing 6-month period	39.76%	14.31%	+25.45%
Volatility (1Y) Calculated over the trailing 1-year period	48.54%	22.87%	+25.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.47%	18.47%	+31.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.47%	19.88%	+29.59%