SOLZ vs. EZBC

Last updated Jul 9, 2026

SOLZ (Solana ETF) and EZBC (Franklin Bitcoin ETF) are both Cryptocurrency funds. SOLZ is actively managed, while EZBC is passively managed. Over the past year, SOLZ returned -53.09% vs -42.98% for EZBC. Their correlation of 0.87 suggests significant overlap in exposure. SOLZ charges 0.95%/yr vs 0.19%/yr for EZBC.

Performance

SOLZ vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Solana ETF (SOLZ) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLZ achieves a -38.47% return, which is significantly lower than EZBC's -28.97% return.

SOLZ

• 1D: -4.91%
• 1M: 14.68%
• 6M: -43.61%
• YTD: -38.47%
• 1Y: -53.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZBC

• 1D: -2.55%
• 1M: -1.88%
• 6M: -31.63%
• YTD: -28.97%
• 1Y: -42.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOLZ vs. EZBC - Yearly Performance Comparison

	2026 (YTD)	2025
SOLZ Solana ETF	-38.47%	-14.53%
EZBC Franklin Bitcoin ETF	-28.97%	2.18%

Correlation

The correlation between SOLZ and EZBC is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (All Time) Calculated using the full available price history since Mar 20, 2025	0.87

The correlation between SOLZ and EZBC has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

Return for Risk

SOLZ vs. EZBC — Risk / Return Rank

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

SOLZ

SOLZ Risk / Return Rank: 4
SOLZ Sharpe Ratio Rank: 3
SOLZ Sortino Ratio Rank: 4
SOLZ Omega Ratio Rank: 4
SOLZ Calmar Ratio Rank: 3
SOLZ Martin Ratio Rank: 4

EZBC

EZBC Risk / Return Rank: 2
EZBC Sharpe Ratio Rank: 1
EZBC Sortino Ratio Rank: 2
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC 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.

SOLZ vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Solana ETF (SOLZ) 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.

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.

	SOLZ	EZBC	Difference
Sharpe ratio: Return per unit of total volatility	-0.71	-0.97	+0.26
Sortino ratio: Return per unit of downside risk	-0.91	-1.41	+0.50
Omega ratio: Gain probability vs. loss probability	0.90	0.84	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.70	-0.81	+0.10
Martin ratio: Return relative to average drawdown	-1.04	-1.33	+0.29

SOLZ vs. EZBC - Sharpe Ratio Comparison

The current SOLZ Sharpe Ratio is -0.71, which is comparable to the EZBC Sharpe Ratio of -0.97. The chart below compares the historical Sharpe Ratios of SOLZ and EZBC, 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

SOLZ vs. EZBC - Drawdown Comparison

The maximum SOLZ drawdown since its inception was -75.68%, which is greater than EZBC's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for SOLZ and EZBC.

Drawdown Indicators

	SOLZ	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-75.68%	-53.35%	-22.33%
Max Drawdown (1Y) Largest decline over 1 year	-75.68%	-53.35%	-22.33%
Current Drawdown Current decline from peak	-70.27%	-50.56%	-19.71%
Average Drawdown Average peak-to-trough decline	-36.73%	-17.45%	-19.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.89%	32.25%	+18.64%

Volatility

SOLZ vs. EZBC - Volatility Comparison

Solana ETF (SOLZ) has a higher volatility of 23.12% compared to Franklin Bitcoin ETF (EZBC) at 12.23%. This indicates that SOLZ's price experiences larger fluctuations and is considered to be riskier than EZBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOLZ	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.12%	12.23%	+10.89%
Volatility (6M) Calculated over the trailing 6-month period	52.77%	34.67%	+18.10%
Volatility (1Y) Calculated over the trailing 1-year period	74.61%	44.45%	+30.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.59%	49.98%	+26.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.59%	49.98%	+26.61%

SOLZ vs. EZBC - Expense Ratio Comparison

SOLZ has a 0.95% expense ratio, which is higher than EZBC's 0.19% expense ratio.

Dividends

SOLZ vs. EZBC - Dividend Comparison

SOLZ's dividend yield for the trailing twelve months is around 3.49%, while EZBC has not paid dividends to shareholders.

Position	TTM	2025
EZBC Franklin Bitcoin ETF	0.00%	0.00%
SOLZ Solana ETF	3.49%	1.75%

Frequently Asked Questions

Can I hold both SOLZ and EZBC in my portfolio?

SOLZ and EZBC have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOLZ or EZBC?

SOLZ has higher volatility (23.12%) compared to EZBC (12.23%). In terms of maximum drawdown, SOLZ dropped -75.68% vs EZBC's -53.35%.

Which ETF is better, SOLZ or EZBC?

On 1-year performance, EZBC leads with -42.98% vs -53.09% for SOLZ. On fees, EZBC is cheaper at 0.19% per year. On volatility, EZBC has been the lower-risk option at 12.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOLZ or EZBC?

Over the 1-year period, EZBC has performed better with a -42.98% return vs -53.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOLZ or EZBC?

EZBC is cheaper with a 0.19% expense ratio, compared with 0.95% for SOLZ.

Which ETF pays a higher dividend yield, SOLZ or EZBC?

SOLZ has the higher dividend yield at 3.49%, compared with 0.00% for EZBC.

What is the main difference between SOLZ and EZBC?

They also come from different issuers: Volatility Shares and Franklin Templeton. Their fees differ too: 0.95% for SOLZ and 0.19% for EZBC.

Which has better risk-adjusted returns?

SOLZ currently has the higher Sharpe Ratio (-0.71 vs -0.97), 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.