TTOP vs. EZET

Last updated Jun 5, 2026

TTOP (21Shares FTSE Crypto 10 Index ETF) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds - TTOP tracks the FTSE Crypto 10 Select Index while EZET tracks the CME CF Ether-Dollar Reference Rate - New York Variant. Both are passively managed. With a 0.96 correlation, they move nearly in lockstep. TTOP charges 0.50%/yr vs 0.19%/yr for EZET.

Performance

TTOP vs. EZET - Performance Comparison

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

Returns By Period

In the year-to-date period, TTOP achieves a -29.56% return, which is significantly higher than EZET's -40.23% return.

TTOP

• 1D: -2.60%
• 1M: -21.01%
• YTD: -29.56%
• 6M: -34.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZET

• 1D: -1.32%
• 1M: -25.14%
• YTD: -40.23%
• 6M: -43.56%
• 1Y: -32.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTOP vs. EZET - Yearly Performance Comparison

	2026 (YTD)	2025
TTOP 21Shares FTSE Crypto 10 Index ETF	-29.56%	-11.19%
EZET Franklin Ethereum ETF	-40.23%	-6.32%

Correlation

The correlation between TTOP and EZET is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.96

Return for Risk

TTOP vs. EZET — Risk / Return Rank

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

EZET

EZET Risk / Return Rank: 5
EZET Sharpe Ratio Rank: 5
EZET Sortino Ratio Rank: 6
EZET Omega Ratio Rank: 6
EZET Calmar Ratio Rank: 5
EZET Martin Ratio Rank: 5

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.

TTOP vs. EZET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares FTSE Crypto 10 Index ETF (TTOP) and Franklin Ethereum ETF (EZET). 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.

Sharpe Ratios by Period

	TTOP	EZET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.11	-0.42	-0.69

Drawdowns

TTOP vs. EZET - Drawdown Comparison

The maximum TTOP drawdown since its inception was -37.44%, smaller than the maximum EZET drawdown of -64.05%. Use the drawdown chart below to compare losses from any high point for TTOP and EZET.

Drawdown Indicators

	TTOP	EZET	Difference
Max Drawdown Largest peak-to-trough decline	-37.44%	-64.05%	+26.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-63.36%	—
Current Drawdown Current decline from peak	-37.44%	-63.36%	+25.92%
Average Drawdown Average peak-to-trough decline	-20.78%	-32.74%	+11.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.94%	—

Volatility

Volatility by Period

	TTOP	EZET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	45.32%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.11%	68.34%	-16.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.11%	72.29%	-20.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.11%	72.29%	-20.18%

TTOP vs. EZET - Expense Ratio Comparison

TTOP has a 0.50% expense ratio, which is higher than EZET's 0.19% expense ratio.

Dividends

TTOP vs. EZET - Dividend Comparison

Neither TTOP nor EZET has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TTOP and EZET in my portfolio?

With a correlation of 0.96, TTOP and EZET 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.

Which ETF is better, TTOP or EZET?

On fees, EZET 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, TTOP or EZET?

EZET is cheaper with a 0.19% expense ratio, compared with 0.50% for TTOP.

Which ETF pays a higher dividend yield, TTOP or EZET?

TTOP and EZET have nearly identical dividend yields, around 0.00%.

What is the main difference between TTOP and EZET?

TTOP tracks FTSE Crypto 10 Select Index, while EZET tracks CME CF Ether-Dollar Reference Rate - New York Variant. They also come from different issuers: 21Shares and Franklin Templeton. Their fees differ too: 0.50% for TTOP and 0.19% for EZET.