SQLV vs. EZBC

Last updated Apr 1, 2026

Compare and contrast key facts about Royce Quant Small-Cap Quality Value ETF (SQLV) and Franklin Bitcoin ETF (EZBC).

SQLV and EZBC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SQLV is an actively managed fund by Franklin Templeton. It was launched on Jul 12, 2017. EZBC is a passively managed fund by Franklin Templeton that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024.

Performance

SQLV vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Royce Quant Small-Cap Quality Value ETF (SQLV) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

SQLV vs. EZBC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SQLV Royce Quant Small-Cap Quality Value ETF	2.33%	2.50%	8.64%
EZBC Franklin Bitcoin ETF	-22.55%	-6.56%	100.18%

Returns By Period

In the year-to-date period, SQLV achieves a 2.33% return, which is significantly higher than EZBC's -22.55% return.

SQLV

• 1D: 1.41%
• 1M: -3.07%
• YTD: 2.33%
• 6M: 3.74%
• 1Y: 17.85%
• 3Y*: 8.87%
• 5Y*: 5.25%
• 10Y*: —

EZBC

• 1D: 1.90%
• 1M: 3.29%
• YTD: -22.55%
• 6M: -40.81%
• 1Y: -17.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SQLV vs. EZBC - Expense Ratio Comparison

SQLV has a 0.60% expense ratio, which is higher than EZBC's 0.19% expense ratio.

SQLV

Royce Quant Small-Cap Quality Value ETF

EZBC

Franklin Bitcoin ETF

Return for Risk

SQLV vs. EZBC — Risk / Return Rank

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

SQLV

SQLV Risk / Return Rank: 48
SQLV Sharpe Ratio Rank: 44
SQLV Sortino Ratio Rank: 48
SQLV Omega Ratio Rank: 42
SQLV Calmar Ratio Rank: 54
SQLV Martin Ratio Rank: 49

EZBC

EZBC Risk / Return Rank: 6
EZBC Sharpe Ratio Rank: 5
EZBC Sortino Ratio Rank: 6
EZBC Omega Ratio Rank: 7
EZBC Calmar Ratio Rank: 6
EZBC 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.

SQLV vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Royce Quant Small-Cap Quality Value ETF (SQLV) 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.

	SQLV	EZBC	Difference
Sharpe ratio Return per unit of total volatility	0.81	-0.40	+1.21
Sortino ratio Return per unit of downside risk	1.29	-0.29	+1.58
Omega ratio Gain probability vs. loss probability	1.16	0.97	+0.20
Calmar ratio Return relative to maximum drawdown	1.37	-0.39	+1.77
Martin ratio Return relative to average drawdown	4.69	-0.84	+5.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SQLV vs. EZBC - Sharpe Ratio Comparison

The current SQLV Sharpe Ratio is 0.81, which is higher than the EZBC Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of SQLV and EZBC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SQLV	EZBC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	-0.40	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.36	-0.02

Correlation

The correlation between SQLV and EZBC is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SQLV vs. EZBC - Dividend Comparison

SQLV's dividend yield for the trailing twelve months is around 1.11%, while EZBC has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SQLV Royce Quant Small-Cap Quality Value ETF	1.11%	1.15%	1.11%	1.09%	1.24%	1.12%	1.22%	1.20%	1.08%	0.40%
EZBC Franklin Bitcoin ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SQLV vs. EZBC - Drawdown Comparison

The maximum SQLV drawdown since its inception was -48.34%, roughly equal to the maximum EZBC drawdown of -49.37%. Use the drawdown chart below to compare losses from any high point for SQLV and EZBC.

Drawdown Indicators

	SQLV	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-48.34%	-49.37%	+1.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.92%	-49.37%	+36.45%
Max Drawdown (5Y) Largest decline over 5 years	-26.86%	—	—
Current Drawdown Current decline from peak	-5.16%	-46.09%	+40.93%
Average Drawdown Average peak-to-trough decline	-9.10%	-14.12%	+5.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.79%	23.07%	-19.28%

Volatility

SQLV vs. EZBC - Volatility Comparison

The current volatility for Royce Quant Small-Cap Quality Value ETF (SQLV) is 5.25%, while Franklin Bitcoin ETF (EZBC) has a volatility of 13.08%. This indicates that SQLV experiences smaller price fluctuations and is considered to be less risky than EZBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SQLV	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	13.08%	-7.83%
Volatility (6M) Calculated over the trailing 6-month period	12.40%	36.80%	-24.40%
Volatility (1Y) Calculated over the trailing 1-year period	22.07%	45.40%	-23.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.04%	51.13%	-30.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.50%	51.13%	-27.63%