KRYP vs. EZPZ

Last updated Jul 21, 2026

KRYP (ProShares CoinDesk 20 Crypto ETF) and EZPZ (Franklin Crypto Index ETF) are both Cryptocurrency funds - KRYP tracks the CoinDesk 20 Index while EZPZ tracks the CF Institutional Digital Asset Index – US-Settlement Price. Both are passively managed. With a 0.95 correlation, they move nearly in lockstep.

Performance

KRYP vs. EZPZ - Performance Comparison

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

Returns By Period

KRYP

• 1D: 1.77%
• 1M: 2.13%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EZPZ

• 1D: 1.56%
• 1M: 4.09%
• 6M: -34.91%
• YTD: -28.32%
• 1Y: -46.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -26.78%

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

KRYP vs. EZPZ - Yearly Performance Comparison

	2026 (YTD)
KRYP ProShares CoinDesk 20 Crypto ETF	-23.81%
EZPZ Franklin Crypto Index ETF	-16.85%

Correlation

The correlation between KRYP and EZPZ is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.95

Return for Risk

KRYP vs. EZPZ — 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.

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.

KRYP vs. EZPZ - Risk-Adjusted Trends Comparison

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

	KRYP	EZPZ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.98	—
Sortino ratio: Return per unit of downside risk	—	-1.45	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.83	—
Martin ratio: Return relative to average drawdown	—	-1.30	—

Drawdowns

KRYP vs. EZPZ - Drawdown Comparison

The maximum KRYP drawdown since its inception was -30.90%, smaller than the maximum EZPZ drawdown of -56.63%. Use the drawdown chart below to compare losses from any high point for KRYP and EZPZ.

Drawdown Indicators

	KRYP	EZPZ	Difference
Max Drawdown Largest peak-to-trough decline	-30.90%	-56.63%	+25.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-56.63%	—
Current Drawdown Current decline from peak	-23.81%	-51.67%	+27.86%
Average Drawdown Average peak-to-trough decline	-13.23%	-24.45%	+11.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.77%	—

Volatility

Volatility by Period

	KRYP	EZPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	48.99%	47.78%	+1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.99%	47.35%	+1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.99%	47.35%	+1.64%

Dividends

KRYP vs. EZPZ - Dividend Comparison

KRYP's dividend yield for the trailing twelve months is around 0.09%, while EZPZ has not paid dividends to shareholders.

Position	TTM
EZPZ Franklin Crypto Index ETF	0.00%
KRYP ProShares CoinDesk 20 Crypto ETF	0.09%

Frequently Asked Questions

Can I hold both KRYP and EZPZ in my portfolio?

With a correlation of 0.95, KRYP and EZPZ 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 EZPZ?

KRYP has the higher dividend yield at 0.09%, compared with 0.00% for EZPZ.

What is the main difference between KRYP and EZPZ?

KRYP tracks CoinDesk 20 Index, while EZPZ tracks CF Institutional Digital Asset Index – US-Settlement Price. They also come from different issuers: ProShares and Franklin Templeton.