FILG vs. EZET
FILG (Grayscale Filecoin Trust (FIL)) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds. FILG is actively managed, while EZET is passively managed. Over the past year, FILG returned -61.53% vs -32.92% for EZET. At a 0.41 correlation, their price movements are largely independent.
Performance
FILG vs. EZET - Performance Comparison
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Returns By Period
In the year-to-date period, FILG achieves a -29.82% return, which is significantly higher than EZET's -45.34% return.
FILG
- 1D
- -1.07%
- 1M
- -20.40%
- YTD
- -29.82%
- 6M
- -31.77%
- 1Y
- -61.53%
- 3Y*
- -57.85%
- 5Y*
- —
- 10Y*
- —
EZET
- 1D
- 3.27%
- 1M
- -19.44%
- YTD
- -45.34%
- 6M
- -44.50%
- 1Y
- -32.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FILG vs. EZET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FILG Grayscale Filecoin Trust (FIL) | -29.82% | -96.42% | -44.24% |
EZET Franklin Ethereum ETF | -45.34% | -11.23% | -4.77% |
Correlation
The correlation between FILG and EZET is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.41 |
The correlation between FILG and EZET shifts across timeframes, from 0.41 (all time) to 0.52 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FILG vs. EZET — Risk / Return Rank
FILG
EZET
FILG vs. EZET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Grayscale Filecoin Trust (FIL) (FILG) and Franklin Ethereum ETF (EZET). 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.
| FILG | EZET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.96 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | -0.49 | -0.31 |
| Martin ratioReturn relative to average drawdown | -1.12 | -0.80 | -0.32 |
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Drawdowns
FILG vs. EZET - Drawdown Comparison
The maximum FILG drawdown since its inception was -99.69%, which is greater than EZET's maximum drawdown of -67.89%. Use the drawdown chart below to compare losses from any high point for FILG and EZET.
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Drawdown Indicators
| FILG | EZET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.69% | -67.89% | -31.80% |
Max Drawdown (1Y)Largest decline over 1 year | -77.11% | -67.89% | -9.22% |
Max Drawdown (3Y)Largest decline over 3 years | -99.69% | — | — |
Current DrawdownCurrent decline from peak | -99.65% | -66.49% | -33.16% |
Average DrawdownAverage peak-to-trough decline | -69.02% | -33.92% | -35.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 54.98% | 41.28% | +13.70% |
Volatility
FILG vs. EZET - Volatility Comparison
Grayscale Filecoin Trust (FIL) (FILG) has a higher volatility of 32.73% compared to Franklin Ethereum ETF (EZET) at 20.57%. This indicates that FILG's price experiences larger fluctuations and is considered to be riskier than EZET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FILG | EZET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.73% | 20.57% | +12.16% |
Volatility (6M)Calculated over the trailing 6-month period | 74.94% | 46.66% | +28.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 131.33% | 69.19% | +62.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 192.15% | 72.32% | +119.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 192.15% | 72.32% | +119.83% |
Dividends
FILG vs. EZET - Dividend Comparison
Neither FILG nor EZET has paid dividends to shareholders.
Frequently Asked Questions
FILG and EZET have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FILG has higher volatility (32.73%) compared to EZET (20.57%). In terms of maximum drawdown, FILG dropped -99.69% vs EZET's -67.89%.
On 1-year performance, EZET leads with -32.92% vs -61.53% for FILG. On volatility, EZET has been the lower-risk option at 20.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EZET has performed better with a -32.92% return vs -61.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FILG and EZET have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Grayscale and Franklin Templeton.
FILG currently has the higher Sharpe Ratio (-0.47 vs -0.48), 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.
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