NEHI vs. EZBC
NEHI (NEOS Ethereum High Income ETF) and EZBC (Franklin Bitcoin ETF) are both Cryptocurrency funds. NEHI is actively managed, while EZBC is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. NEHI charges 0.98%/yr vs 0.19%/yr for EZBC.
Performance
NEHI vs. EZBC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NEHI achieves a -36.78% return, which is significantly lower than EZBC's -27.45% return.
NEHI
- 1D
- -1.50%
- 1M
- -23.11%
- YTD
- -36.78%
- 6M
- -38.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EZBC
- 1D
- -2.81%
- 1M
- -22.22%
- YTD
- -27.45%
- 6M
- -31.45%
- 1Y
- -39.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEHI vs. EZBC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEHI NEOS Ethereum High Income ETF | -36.78% | -3.02% |
EZBC Franklin Bitcoin ETF | -27.45% | -5.98% |
Correlation
The correlation between NEHI and EZBC 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 Dec 4, 2025 | 0.91 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NEHI vs. EZBC — Risk / Return Rank
NEHI
EZBC
NEHI vs. EZBC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| NEHI | EZBC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.91 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.10 | 0.27 | -1.37 |
Drawdowns
NEHI vs. EZBC - Drawdown Comparison
The maximum NEHI drawdown since its inception was -43.46%, smaller than the maximum EZBC drawdown of -49.50%. Use the drawdown chart below to compare losses from any high point for NEHI and EZBC.
Loading charts...
Drawdown Indicators
| NEHI | EZBC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.46% | -49.50% | +6.04% |
Max Drawdown (1Y)Largest decline over 1 year | — | -49.50% | — |
Current DrawdownCurrent decline from peak | -43.46% | -49.50% | +6.04% |
Average DrawdownAverage peak-to-trough decline | -25.23% | -16.07% | -9.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.59% | — |
Volatility
NEHI vs. EZBC - Volatility Comparison
Loading charts...
Volatility by Period
| NEHI | EZBC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.90% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 57.19% | 43.71% | +13.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.19% | 50.05% | +7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.19% | 50.05% | +7.14% |
NEHI vs. EZBC - Expense Ratio Comparison
NEHI has a 0.98% expense ratio, which is higher than EZBC's 0.19% expense ratio.
Dividends
NEHI vs. EZBC - Dividend Comparison
NEHI's dividend yield for the trailing twelve months is around 24.72%, while EZBC has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
EZBC Franklin Bitcoin ETF | 0.00% | 0.00% |
NEHI NEOS Ethereum High Income ETF | 24.72% | 2.87% |
Frequently Asked Questions
With a correlation of 0.91, NEHI and EZBC 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.
On fees, EZBC is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EZBC is cheaper with a 0.19% expense ratio, compared with 0.98% for NEHI.
NEHI has the higher dividend yield at 24.72%, compared with 0.00% for EZBC.
They also come from different issuers: Neos and Franklin Templeton. Their fees differ too: 0.98% for NEHI and 0.19% for EZBC.
Find the right allocation for NEHI and EZBC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer