VAVX vs. EZPZ

Last updated Jun 4, 2026

VAVX (VanEck Avalanche ETF) and EZPZ (Franklin Crypto Index ETF) are both Cryptocurrency funds - VAVX tracks the MarketVector Avalanche Benchmark Rate while EZPZ tracks the CF Institutional Digital Asset Index – US-Settlement Price. Both are passively managed. Their correlation of 0.88 suggests significant overlap in exposure. VAVX charges 0.20%/yr vs 0.19%/yr for EZPZ.

Performance

VAVX vs. EZPZ - Performance Comparison

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

Returns By Period

VAVX

• 1D: -3.50%
• 1M: -12.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EZPZ

• 1D: -3.03%
• 1M: -18.55%
• YTD: -28.21%
• 6M: -33.71%
• 1Y: -39.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VAVX vs. EZPZ - Yearly Performance Comparison

	2026 (YTD)
VAVX VanEck Avalanche ETF	-30.30%
EZPZ Franklin Crypto Index ETF	-28.35%

Correlation

The correlation between VAVX and EZPZ is 0.88, 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 27, 2026	0.88

Return for Risk

VAVX vs. EZPZ — Risk / Return Rank

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

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.

VAVX vs. EZPZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Avalanche ETF (VAVX) 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.

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

Sharpe Ratios by Period

	VAVX	EZPZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	-0.61	-0.36

Drawdowns

VAVX vs. EZPZ - Drawdown Comparison

The maximum VAVX drawdown since its inception was -32.73%, smaller than the maximum EZPZ drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for VAVX and EZPZ.

Drawdown Indicators

	VAVX	EZPZ	Difference
Max Drawdown Largest peak-to-trough decline	-32.73%	-52.38%	+19.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-52.38%	—
Current Drawdown Current decline from peak	-32.73%	-51.59%	+18.86%
Average Drawdown Average peak-to-trough decline	-21.87%	-21.72%	-0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.44%	—

Volatility

Volatility by Period

	VAVX	EZPZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	65.98%	46.83%	+19.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.98%	47.65%	+18.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.98%	47.65%	+18.33%

VAVX vs. EZPZ - Expense Ratio Comparison

VAVX has a 0.20% expense ratio, which is higher than EZPZ's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VAVX vs. EZPZ - Dividend Comparison

Neither VAVX nor EZPZ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VAVX and EZPZ in my portfolio?

VAVX and EZPZ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VAVX 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, VAVX or EZPZ?

EZPZ is cheaper with a 0.19% expense ratio, compared with 0.20% for VAVX.

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

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

What is the main difference between VAVX and EZPZ?

VAVX tracks MarketVector Avalanche Benchmark Rate, while EZPZ tracks CF Institutional Digital Asset Index – US-Settlement Price. They also come from different issuers: VanEck and Franklin Templeton. Their fees differ too: 0.20% for VAVX and 0.19% for EZPZ.