FLKR vs. EZBC

Last updated Jun 26, 2026

FLKR (Franklin FTSE South Korea ETF) and EZBC (Franklin Bitcoin ETF) are both exchange-traded funds - FLKR is a Asia Pacific Equities fund tracking the FTSE South Korea RIC Capped Index, while EZBC is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, FLKR returned 182.38% vs -45.24% for EZBC. At a 0.35 correlation, their price movements are largely independent. FLKR charges 0.09%/yr vs 0.19%/yr for EZBC.

Performance

FLKR vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin FTSE South Korea ETF (FLKR) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLKR achieves a 109.27% return, which is significantly higher than EZBC's -32.39% return.

FLKR

• 1D: 4.03%
• 1M: 3.73%
• YTD: 109.27%
• 6M: 115.17%
• 1Y: 182.38%
• 3Y*: 50.96%
• 5Y*: 18.75%
• 10Y*: —

EZBC

• 1D: -1.04%
• 1M: -22.00%
• YTD: -32.39%
• 6M: -32.22%
• 1Y: -45.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLKR vs. EZBC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FLKR Franklin FTSE South Korea ETF	109.27%	91.91%	-14.11%
EZBC Franklin Bitcoin ETF	-32.39%	-6.56%	87.83%

Correlation

The correlation between FLKR and EZBC is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.35

Return for Risk

FLKR vs. EZBC — Risk / Return Rank

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

FLKR

FLKR Risk / Return Rank: 94
FLKR Sharpe Ratio Rank: 97
FLKR Sortino Ratio Rank: 90
FLKR Omega Ratio Rank: 93
FLKR Calmar Ratio Rank: 96
FLKR Martin Ratio Rank: 96

EZBC

EZBC Risk / Return Rank: 2
EZBC Sharpe Ratio Rank: 1
EZBC Sortino Ratio Rank: 2
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC 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.

FLKR vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin FTSE South Korea ETF (FLKR) 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.

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.

	FLKR	EZBC	Difference
Sharpe ratio: Return per unit of total volatility	3.79	-1.02	+4.82
Sortino ratio: Return per unit of downside risk	3.64	-1.54	+5.17
Omega ratio: Gain probability vs. loss probability	1.55	0.83	+0.72
Calmar ratio: Return relative to maximum drawdown	7.97	-0.86	+8.83
Martin ratio: Return relative to average drawdown	27.26	-1.46	+28.72

FLKR vs. EZBC - Sharpe Ratio Comparison

The current FLKR Sharpe Ratio is 3.79, which is higher than the EZBC Sharpe Ratio of -1.02. The chart below compares the historical Sharpe Ratios of FLKR and EZBC, 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

FLKR vs. EZBC - Drawdown Comparison

The maximum FLKR drawdown since its inception was -50.06%, smaller than the maximum EZBC drawdown of -52.94%. Use the drawdown chart below to compare losses from any high point for FLKR and EZBC.

Drawdown Indicators

	FLKR	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-52.94%	+2.88%
Max Drawdown (1Y) Largest decline over 1 year	-23.03%	-52.94%	+29.91%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.51%	—	—
Current Drawdown Current decline from peak	-7.17%	-52.94%	+45.77%
Average Drawdown Average peak-to-trough decline	-21.97%	-17.01%	-4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.72%	30.92%	-24.20%

Volatility

FLKR vs. EZBC - Volatility Comparison

Franklin FTSE South Korea ETF (FLKR) has a higher volatility of 28.63% compared to Franklin Bitcoin ETF (EZBC) at 13.26%. This indicates that FLKR's price experiences larger fluctuations and is considered to be riskier than EZBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKR	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.63%	13.26%	+15.37%
Volatility (6M) Calculated over the trailing 6-month period	45.31%	34.57%	+10.74%
Volatility (1Y) Calculated over the trailing 1-year period	48.41%	44.32%	+4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.56%	50.14%	-19.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.90%	50.14%	-21.24%

FLKR vs. EZBC - Expense Ratio Comparison

FLKR has a 0.09% expense ratio, which is lower than EZBC's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FLKR vs. EZBC - Dividend Comparison

FLKR's dividend yield for the trailing twelve months is around 1.75%, while EZBC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZBC Franklin Bitcoin ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FLKR Franklin FTSE South Korea ETF	1.75%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%

Frequently Asked Questions

Can I hold both FLKR and EZBC in my portfolio?

FLKR and EZBC have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLKR or EZBC?

FLKR has higher volatility (28.63%) compared to EZBC (13.26%). In terms of maximum drawdown, FLKR dropped -50.06% vs EZBC's -52.94%.

Which ETF is better, FLKR or EZBC?

On 1-year performance, FLKR leads with 182.38% vs -45.24% for EZBC. On fees, FLKR is cheaper at 0.09% per year. On volatility, EZBC has been the lower-risk option at 13.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FLKR or EZBC?

Over the 1-year period, FLKR has performed better with a 182.38% return vs -45.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FLKR or EZBC?

FLKR is cheaper with a 0.09% expense ratio, compared with 0.19% for EZBC.

Which ETF pays a higher dividend yield, FLKR or EZBC?

FLKR has the higher dividend yield at 1.75%, compared with 0.00% for EZBC.

What is the main difference between FLKR and EZBC?

FLKR is categorized as Asia Pacific Equities, while EZBC is Cryptocurrency. FLKR tracks FTSE South Korea RIC Capped Index, while EZBC tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.09% for FLKR and 0.19% for EZBC.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (3.79 vs -1.02), 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.