KRYP vs. EZET

Last updated Jun 30, 2026

KRYP (ProShares CoinDesk 20 Crypto ETF) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds - KRYP tracks the CoinDesk 20 Index while EZET tracks the CME CF Ether-Dollar Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure.

Performance

KRYP vs. EZET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares CoinDesk 20 Crypto ETF (KRYP) and Franklin Ethereum ETF (EZET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KRYP

• 1D: 1.58%
• 1M: -17.92%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZET

• 1D: 3.27%
• 1M: -19.44%
• YTD: -45.34%
• 6M: -44.50%
• 1Y: -32.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KRYP vs. EZET - Yearly Performance Comparison

	2026 (YTD)
KRYP ProShares CoinDesk 20 Crypto ETF	-28.15%
EZET Franklin Ethereum ETF	-29.37%

Correlation

The correlation between KRYP and EZET is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.91

Return for Risk

KRYP vs. EZET — Risk / Return Rank

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

KRYP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EZET

EZET Risk / Return Rank: 6
EZET Sharpe Ratio Rank: 5
EZET Sortino Ratio Rank: 6
EZET Omega Ratio Rank: 6
EZET Calmar Ratio Rank: 5
EZET Martin Ratio Rank: 6

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.

KRYP vs. EZET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares CoinDesk 20 Crypto ETF (KRYP) 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.

	KRYP	EZET	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.48	—
Sortino ratio: Return per unit of downside risk	—	-0.34	—
Omega ratio: Gain probability vs. loss probability	—	0.96	—
Calmar ratio: Return relative to maximum drawdown	—	-0.49	—
Martin ratio: Return relative to average drawdown	—	-0.80	—

Drawdowns

KRYP vs. EZET - Drawdown Comparison

The maximum KRYP drawdown since its inception was -30.90%, smaller than the maximum EZET drawdown of -67.89%. Use the drawdown chart below to compare losses from any high point for KRYP and EZET.

Drawdown Indicators

	KRYP	EZET	Difference
Max Drawdown Largest peak-to-trough decline	-30.90%	-67.89%	+36.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-67.89%	—
Current Drawdown Current decline from peak	-28.15%	-66.49%	+38.34%
Average Drawdown Average peak-to-trough decline	-11.52%	-33.92%	+22.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	41.28%	—

Volatility

Volatility by Period

	KRYP	EZET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	50.05%	69.19%	-19.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.05%	72.32%	-22.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.05%	72.32%	-22.27%

Dividends

KRYP vs. EZET - Dividend Comparison

KRYP's dividend yield for the trailing twelve months is around 0.08%, while EZET has not paid dividends to shareholders.

Position	TTM
EZET Franklin Ethereum ETF	0.00%
KRYP ProShares CoinDesk 20 Crypto ETF	0.08%

Frequently Asked Questions

Can I hold both KRYP and EZET in my portfolio?

With a correlation of 0.91, KRYP and EZET move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF pays a higher dividend yield, KRYP or EZET?

KRYP has the higher dividend yield at 0.08%, compared with 0.00% for EZET.

What is the main difference between KRYP and EZET?

KRYP tracks CoinDesk 20 Index, while EZET tracks CME CF Ether-Dollar Reference Rate - New York Variant. They also come from different issuers: ProShares and Franklin Templeton.