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NEHI vs. EZPZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NEHI vs. EZPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Ethereum High Income ETF (NEHI) and Franklin Crypto Index ETF (EZPZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NEHI achieves a -35.82% return, which is significantly lower than EZPZ's -28.21% return.


NEHI

1D
-5.42%
1M
-21.57%
YTD
-35.82%
6M
-37.76%
1Y
3Y*
5Y*
10Y*

EZPZ

1D
-3.03%
1M
-18.55%
YTD
-28.21%
6M
-33.71%
1Y
-39.21%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

NEHI vs. EZPZ - Yearly Performance Comparison


2026 (YTD)2025
NEHI
NEOS Ethereum High Income ETF
-35.82%-3.02%
EZPZ
Franklin Crypto Index ETF
-28.21%-7.65%

Correlation

The correlation between NEHI and EZPZ is 0.94, 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

0.94

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Return for Risk

NEHI vs. EZPZ — Risk / Return Rank

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

NEHI

EZPZ
EZPZ Risk / Return Rank: 33
Overall Rank
EZPZ Sharpe Ratio Rank: 22
Sharpe Ratio Rank
EZPZ Sortino Ratio Rank: 33
Sortino Ratio Rank
EZPZ Omega Ratio Rank: 33
Omega Ratio Rank
EZPZ Calmar Ratio Rank: 33
Calmar Ratio Rank
EZPZ Martin Ratio Rank: 33
Martin Ratio Rank
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.

NEHI vs. EZPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) 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.


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

NEHI vs. EZPZ - Sharpe Ratio Comparison


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Sharpe Ratios by Period


NEHIEZPZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.84

Sharpe Ratio (All Time)

Calculated using the full available price history

-1.08

-0.61

-0.47

Drawdowns

NEHI vs. EZPZ - Drawdown Comparison

The maximum NEHI drawdown since its inception was -42.60%, smaller than the maximum EZPZ drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for NEHI and EZPZ.


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Drawdown Indicators


NEHIEZPZDifference

Max Drawdown

Largest peak-to-trough decline

-42.60%

-52.38%

+9.78%

Max Drawdown (1Y)

Largest decline over 1 year

-52.38%

Current Drawdown

Current decline from peak

-42.60%

-51.59%

+8.99%

Average Drawdown

Average peak-to-trough decline

-25.09%

-21.72%

-3.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

30.44%

Volatility

NEHI vs. EZPZ - Volatility Comparison


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Volatility by Period


NEHIEZPZDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.74%

Volatility (6M)

Calculated over the trailing 6-month period

36.71%

Volatility (1Y)

Calculated over the trailing 1-year period

57.40%

46.83%

+10.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

57.40%

47.65%

+9.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.40%

47.65%

+9.75%

NEHI vs. EZPZ - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than EZPZ's 0.19% expense ratio.


Dividends

NEHI vs. EZPZ - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 24.35%, while EZPZ has not paid dividends to shareholders.


PositionTTM2025
EZPZ
Franklin Crypto Index ETF
0.00%0.00%
NEHI
NEOS Ethereum High Income ETF
24.35%2.87%

Frequently Asked Questions


With a correlation of 0.94, NEHI 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.

On fees, EZPZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EZPZ is cheaper with a 0.19% expense ratio, compared with 0.98% for NEHI.

NEHI has the higher dividend yield at 24.35%, compared with 0.00% for EZPZ.

They also come from different issuers: Neos and Franklin Templeton. Their fees differ too: 0.98% for NEHI and 0.19% for EZPZ.

Portfolio Optimizer

Find the right allocation for NEHI and EZPZ

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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