IBLC vs. EZPZ

Last updated Jul 14, 2026

IBLC (iShares Blockchain and Tech ETF) and EZPZ (Franklin Crypto Index ETF) are both Cryptocurrency funds - IBLC tracks the ICE FactSet Global Blockchain Technologies Index while EZPZ tracks the CF Institutional Digital Asset Index – US-Settlement Price. Both are passively managed. Over the past year, IBLC returned 13.40% vs -48.19% for EZPZ. A 0.71 correlation means they provide meaningful diversification when combined. IBLC charges 0.47%/yr vs 0.19%/yr for EZPZ.

Performance

IBLC vs. EZPZ - Performance Comparison

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

Returns By Period

In the year-to-date period, IBLC achieves a 8.78% return, which is significantly higher than EZPZ's -31.61% return.

IBLC

• 1D: -3.55%
• 1M: -13.91%
• 6M: -4.85%
• YTD: 8.78%
• 1Y: 13.40%
• 3Y*: 26.36%
• 5Y*: —
• 10Y*: —

EZPZ

• 1D: -2.50%
• 1M: -1.13%
• 6M: -35.13%
• YTD: -31.61%
• 1Y: -48.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBLC vs. EZPZ - Yearly Performance Comparison

	2026 (YTD)	2025
IBLC iShares Blockchain and Tech ETF	8.78%	22.81%
EZPZ Franklin Crypto Index ETF	-31.61%	-10.11%

Correlation

The correlation between IBLC and EZPZ is 0.70, 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	0.70
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025	0.71

The correlation between IBLC and EZPZ has been stable across timeframes, ranging from 0.70 to 0.71 - a consistent structural relationship.

Return for Risk

IBLC vs. EZPZ — Risk / Return Rank

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

IBLC

IBLC Risk / Return Rank: 14
IBLC Sharpe Ratio Rank: 13
IBLC Sortino Ratio Rank: 17
IBLC Omega Ratio Rank: 16
IBLC Calmar Ratio Rank: 13
IBLC Martin Ratio Rank: 13

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: 2
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.

IBLC vs. EZPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) and Franklin Crypto Index ETF (EZPZ). 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.

	IBLC	EZPZ	Difference
Sharpe ratio: Return per unit of total volatility	0.24	-1.01	+1.26
Sortino ratio: Return per unit of downside risk	0.73	-1.54	+2.26
Omega ratio: Gain probability vs. loss probability	1.08	0.83	+0.25
Calmar ratio: Return relative to maximum drawdown	0.30	-0.85	+1.15
Martin ratio: Return relative to average drawdown	0.57	-1.38	+1.95

IBLC vs. EZPZ - Sharpe Ratio Comparison

The current IBLC Sharpe Ratio is 0.24, which is higher than the EZPZ Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of IBLC and EZPZ, 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

IBLC vs. EZPZ - Drawdown Comparison

The maximum IBLC drawdown since its inception was -62.54%, which is greater than EZPZ's maximum drawdown of -56.63%. Use the drawdown chart below to compare losses from any high point for IBLC and EZPZ.

Drawdown Indicators

	IBLC	EZPZ	Difference
Max Drawdown Largest peak-to-trough decline	-62.54%	-56.63%	-5.91%
Max Drawdown (1Y) Largest decline over 1 year	-44.94%	-56.63%	+11.69%
Max Drawdown (3Y) Largest decline over 3 years	-51.68%	—	—
Current Drawdown Current decline from peak	-28.48%	-53.89%	+25.41%
Average Drawdown Average peak-to-trough decline	-25.74%	-24.05%	-1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.54%	35.01%	-11.47%

Volatility

IBLC vs. EZPZ - Volatility Comparison

iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 14.26% compared to Franklin Crypto Index ETF (EZPZ) at 12.32%. This indicates that IBLC's price experiences larger fluctuations and is considered to be riskier than EZPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBLC	EZPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.26%	12.32%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	41.30%	37.10%	+4.20%
Volatility (1Y) Calculated over the trailing 1-year period	55.60%	47.76%	+7.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.34%	47.54%	+16.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.34%	47.54%	+16.80%

IBLC vs. EZPZ - Expense Ratio Comparison

IBLC has a 0.47% expense ratio, which is higher than EZPZ's 0.19% expense ratio.

Dividends

IBLC vs. EZPZ - Dividend Comparison

IBLC's dividend yield for the trailing twelve months is around 5.75%, while EZPZ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EZPZ Franklin Crypto Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%
IBLC iShares Blockchain and Tech ETF	5.75%	6.31%	1.60%	1.79%	0.84%

Frequently Asked Questions

Can I hold both IBLC and EZPZ in my portfolio?

IBLC and EZPZ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBLC or EZPZ?

IBLC has higher volatility (14.26%) compared to EZPZ (12.32%). In terms of maximum drawdown, IBLC dropped -62.54% vs EZPZ's -56.63%.

Which ETF is better, IBLC or EZPZ?

On 1-year performance, IBLC leads with 13.40% vs -48.19% for EZPZ. On fees, EZPZ is cheaper at 0.19% per year. On volatility, EZPZ has been the lower-risk option at 12.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBLC or EZPZ?

Over the 1-year period, IBLC has performed better with a 13.40% return vs -48.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBLC or EZPZ?

EZPZ is cheaper with a 0.19% expense ratio, compared with 0.47% for IBLC.

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

IBLC has the higher dividend yield at 5.75%, compared with 0.00% for EZPZ.

What is the main difference between IBLC and EZPZ?

IBLC tracks ICE FactSet Global Blockchain Technologies Index, while EZPZ tracks CF Institutional Digital Asset Index – US-Settlement Price. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.47% for IBLC and 0.19% for EZPZ.

Which has better risk-adjusted returns?

IBLC currently has the higher Sharpe Ratio (0.24 vs -1.01), 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.