TETH vs. EZPZ
TETH (21Shares Ethereum ETF) and EZPZ (Franklin Crypto Index ETF) are both Cryptocurrency funds. TETH is actively managed, while EZPZ is passively managed. Over the past year, TETH returned -32.60% vs -43.90% for EZPZ. Their correlation of 0.91 suggests significant overlap in exposure.
Performance
TETH vs. EZPZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TETH achieves a -45.15% return, which is significantly lower than EZPZ's -33.92% return.
TETH
- 1D
- 3.43%
- 1M
- -19.29%
- YTD
- -45.15%
- 6M
- -44.28%
- 1Y
- -32.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EZPZ
- 1D
- 1.10%
- 1M
- -18.14%
- YTD
- -33.92%
- 6M
- -33.73%
- 1Y
- -43.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TETH vs. EZPZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TETH 21Shares Ethereum ETF | -45.15% | 8.96% |
EZPZ Franklin Crypto Index ETF | -33.92% | -10.11% |
Correlation
The correlation between TETH and EZPZ is 0.93, 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 | 0.93 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2025 | 0.91 |
The correlation between TETH and EZPZ has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.
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
TETH vs. EZPZ — Risk / Return Rank
TETH
EZPZ
TETH vs. EZPZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 21Shares Ethereum ETF (TETH) 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.
| TETH | EZPZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.85 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | -0.78 | +0.30 |
| Martin ratioReturn relative to average drawdown | -0.79 | -1.31 | +0.52 |
Loading charts...
Drawdowns
TETH vs. EZPZ - Drawdown Comparison
The maximum TETH drawdown since its inception was -67.74%, which is greater than EZPZ's maximum drawdown of -56.49%. Use the drawdown chart below to compare losses from any high point for TETH and EZPZ.
Loading charts...
Drawdown Indicators
| TETH | EZPZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.74% | -56.49% | -11.25% |
Max Drawdown (1Y)Largest decline over 1 year | -67.74% | -56.49% | -11.25% |
Current DrawdownCurrent decline from peak | -66.33% | -55.44% | -10.89% |
Average DrawdownAverage peak-to-trough decline | -34.03% | -23.26% | -10.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.19% | 33.50% | +7.69% |
Volatility
TETH vs. EZPZ - Volatility Comparison
21Shares Ethereum ETF (TETH) has a higher volatility of 20.46% compared to Franklin Crypto Index ETF (EZPZ) at 14.87%. This indicates that TETH's price experiences larger fluctuations and is considered to be riskier than EZPZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TETH | EZPZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.46% | 14.87% | +5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 46.69% | 37.14% | +9.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.15% | 47.88% | +21.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.18% | 47.75% | +24.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.18% | 47.75% | +24.43% |
Dividends
TETH vs. EZPZ - Dividend Comparison
TETH's dividend yield for the trailing twelve months is around 0.39%, while EZPZ has not paid dividends to shareholders.
| Position | TTM |
|---|---|
EZPZ Franklin Crypto Index ETF | 0.00% |
TETH 21Shares Ethereum ETF | 0.39% |
Frequently Asked Questions
With a correlation of 0.93, TETH 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.
TETH has higher volatility (20.46%) compared to EZPZ (14.87%). In terms of maximum drawdown, TETH dropped -67.74% vs EZPZ's -56.49%.
On 1-year performance, TETH leads with -32.60% vs -43.90% for EZPZ. On volatility, EZPZ has been the lower-risk option at 14.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TETH has performed better with a -32.60% return vs -43.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TETH has the higher dividend yield at 0.39%, compared with 0.00% for EZPZ.
They also come from different issuers: 21Shares and Franklin Templeton.
TETH currently has the higher Sharpe Ratio (-0.47 vs -0.92), 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.
Find the right allocation for TETH 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.
Open Portfolio Optimizer