TXBC vs. EZET

Last updated Jun 30, 2026

TXBC (21Shares FTSE Crypto 10 ex-BTC Index ETF) and EZET (Franklin Ethereum ETF) are both Cryptocurrency funds - TXBC tracks the FTSE Crypto 10 ex-BTC Index while EZET tracks the CME CF Ether-Dollar Reference Rate - New York Variant. Both are passively managed. With a 0.97 correlation, they move nearly in lockstep.

Performance

TXBC vs. EZET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC) 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, TXBC achieves a -40.49% return, which is significantly higher than EZET's -45.34% return.

TXBC

• 1D: 1.93%
• 1M: -16.89%
• YTD: -40.49%
• 6M: -40.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZET

• 1D: 3.27%
• 1M: -19.44%
• YTD: -45.34%
• 6M: -44.50%
• 1Y: -32.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TXBC vs. EZET - Yearly Performance Comparison

	2026 (YTD)	2025
TXBC 21Shares FTSE Crypto 10 ex-BTC Index ETF	-40.49%	-18.07%
EZET Franklin Ethereum ETF	-45.34%	-13.13%

Correlation

The correlation between TXBC and EZET is 0.97 - 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 13, 2025	0.97

Return for Risk

TXBC vs. EZET — Risk / Return Rank

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

TXBC

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

EZET

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

TXBC vs. EZET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC) 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.

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.

	TXBC	EZET	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.48	—
Sortino ratio: Return per unit of downside risk	—	-0.34	—
Omega ratio: Gain probability vs. loss probability	—	0.96	—
Calmar ratio: Return relative to maximum drawdown	—	-0.49	—
Martin ratio: Return relative to average drawdown	—	-0.80	—

Drawdowns

TXBC vs. EZET - Drawdown Comparison

The maximum TXBC drawdown since its inception was -53.45%, smaller than the maximum EZET drawdown of -67.89%. Use the drawdown chart below to compare losses from any high point for TXBC and EZET.

Drawdown Indicators

	TXBC	EZET	Difference
Max Drawdown Largest peak-to-trough decline	-53.45%	-67.89%	+14.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-67.89%	—
Current Drawdown Current decline from peak	-51.25%	-66.49%	+15.24%
Average Drawdown Average peak-to-trough decline	-31.59%	-33.92%	+2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	41.28%	—

Volatility

Volatility by Period

	TXBC	EZET	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	62.86%	69.19%	-6.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.86%	72.32%	-9.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.86%	72.32%	-9.46%

Dividends

TXBC vs. EZET - Dividend Comparison

Neither TXBC nor EZET has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TXBC and EZET in my portfolio?

With a correlation of 0.97, TXBC 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 pays a higher dividend yield, TXBC or EZET?

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

What is the main difference between TXBC and EZET?

TXBC tracks FTSE Crypto 10 ex-BTC Index, while EZET tracks CME CF Ether-Dollar Reference Rate - New York Variant. They also come from different issuers: 21Shares and Franklin Templeton.