TDOG vs. EZPZ

Last updated Jun 24, 2026

TDOG (21Shares Dogecoin ETF) and EZPZ (Franklin Crypto Index ETF) are both Cryptocurrency funds - TDOG tracks the Dogecoin (DOGE) while EZPZ tracks the CF Institutional Digital Asset Index – US-Settlement Price. Both are passively managed. Their correlation of 0.84 suggests significant overlap in exposure. TDOG charges 0.50%/yr vs 0.19%/yr for EZPZ.

Performance

TDOG vs. EZPZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares Dogecoin ETF (TDOG) and Franklin Crypto Index ETF (EZPZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDOG

• 1D: -5.16%
• 1M: -24.31%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZPZ

• 1D: -3.39%
• 1M: -18.22%
• YTD: -32.10%
• 6M: -32.65%
• 1Y: -40.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDOG vs. EZPZ - Yearly Performance Comparison

	2026 (YTD)
TDOG 21Shares Dogecoin ETF	-37.50%
EZPZ Franklin Crypto Index ETF	-34.47%

Correlation

The correlation between TDOG and EZPZ is 0.84, 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 Jan 22, 2026	0.84

Return for Risk

TDOG vs. EZPZ — Risk / Return Rank

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

TDOG

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

EZPZ

EZPZ Risk / Return Rank: 3
EZPZ Sharpe Ratio Rank: 2
EZPZ Sortino Ratio Rank: 3
EZPZ Omega Ratio Rank: 3
EZPZ Calmar Ratio Rank: 3
EZPZ Martin Ratio Rank: 3

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.

TDOG vs. EZPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares Dogecoin ETF (TDOG) 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.

	TDOG	EZPZ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.85	—
Sortino ratio: Return per unit of downside risk	—	-1.15	—
Omega ratio: Gain probability vs. loss probability	—	0.87	—
Calmar ratio: Return relative to maximum drawdown	—	-0.72	—
Martin ratio: Return relative to average drawdown	—	-1.23	—

Drawdowns

TDOG vs. EZPZ - Drawdown Comparison

The maximum TDOG drawdown since its inception was -37.81%, smaller than the maximum EZPZ drawdown of -55.78%. Use the drawdown chart below to compare losses from any high point for TDOG and EZPZ.

Drawdown Indicators

	TDOG	EZPZ	Difference
Max Drawdown Largest peak-to-trough decline	-37.81%	-55.78%	+17.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.78%	—
Current Drawdown Current decline from peak	-37.81%	-54.21%	+16.40%
Average Drawdown Average peak-to-trough decline	-21.80%	-22.87%	+1.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	32.74%	—

Volatility

Volatility by Period

	TDOG	EZPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	66.15%	47.70%	+18.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.15%	47.87%	+18.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.15%	47.87%	+18.28%

TDOG vs. EZPZ - Expense Ratio Comparison

TDOG has a 0.50% expense ratio, which is higher than EZPZ's 0.19% expense ratio.

Dividends

TDOG vs. EZPZ - Dividend Comparison

Neither TDOG nor EZPZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TDOG and EZPZ in my portfolio?

TDOG and EZPZ have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TDOG or EZPZ?

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.

Which ETF is cheaper, TDOG or EZPZ?

EZPZ is cheaper with a 0.19% expense ratio, compared with 0.50% for TDOG.

Which ETF pays a higher dividend yield, TDOG or EZPZ?

TDOG and EZPZ have nearly identical dividend yields, around 0.00%.

What is the main difference between TDOG and EZPZ?

TDOG tracks Dogecoin (DOGE), while EZPZ tracks CF Institutional Digital Asset Index – US-Settlement Price. They also come from different issuers: 21Shares and Franklin Templeton. Their fees differ too: 0.50% for TDOG and 0.19% for EZPZ.