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FBTC vs. EZBC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FBTC and EZBC is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

FBTC vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Wise Origin Bitcoin Trust (FBTC) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
56.64%
57.34%
FBTC
EZBC

Key characteristics

Daily Std Dev

FBTC:

57.39%

EZBC:

57.19%

Max Drawdown

FBTC:

-27.42%

EZBC:

-27.49%

Current Drawdown

FBTC:

-13.04%

EZBC:

-12.68%

Returns By Period


FBTC

YTD

N/A

1M

-6.42%

6M

56.65%

1Y

N/A

5Y*

N/A

10Y*

N/A

EZBC

YTD

N/A

1M

-6.15%

6M

57.33%

1Y

N/A

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FBTC vs. EZBC - Expense Ratio Comparison

FBTC has a 0.25% expense ratio, which is higher than EZBC's 0.19% 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%.


FBTC
Fidelity Wise Origin Bitcoin Trust
Expense ratio chart for FBTC: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for EZBC: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%

Risk-Adjusted Performance

FBTC vs. EZBC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Wise Origin Bitcoin Trust (FBTC) and Franklin Bitcoin ETF (EZBC). 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.


Sharpe ratio
No data
FBTC
EZBC


Chart placeholderNot enough data

Dividends

FBTC vs. EZBC - Dividend Comparison

Neither FBTC nor EZBC has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FBTC vs. EZBC - Drawdown Comparison

The maximum FBTC drawdown since its inception was -27.42%, roughly equal to the maximum EZBC drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for FBTC and EZBC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.04%
-12.68%
FBTC
EZBC

Volatility

FBTC vs. EZBC - Volatility Comparison

Fidelity Wise Origin Bitcoin Trust (FBTC) and Franklin Bitcoin ETF (EZBC) have volatilities of 16.02% and 15.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
16.02%
15.75%
FBTC
EZBC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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