YLDE vs. EZBC

Last updated Aug 2, 2026

YLDE (ClearBridge Dividend Strategy ESG ETF) and EZBC (Franklin Bitcoin ETF) are both exchange-traded funds - YLDE is a Dividend fund actively managed by Franklin Templeton, while EZBC is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. YLDE is actively managed, while EZBC is passively managed. Over the past year, YLDE returned 18.10% vs -44.53% for EZBC. Their 0.30 correlation means their historical movements had little consistent relationship. YLDE charges 0.60%/yr vs 0.19%/yr for EZBC.

Performance

YLDE vs. EZBC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Dividend Strategy ESG ETF (YLDE) and Franklin Bitcoin ETF (EZBC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YLDE achieves a 9.35% return, which is significantly higher than EZBC's -28.20% return.

YLDE

• 1D: 0.07%
• 1M: 1.44%
• 6M: 6.07%
• YTD: 9.35%
• 1Y: 18.10%
• 3Y*: 14.32%
• 5Y*: 10.45%
• 10Y*: —
• ALL TIME*: 12.09%

EZBC

• 1D: -2.86%
• 1M: 2.28%
• 6M: -25.05%
• YTD: -28.20%
• 1Y: -44.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 9.49%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EZBC Franklin Bitcoin ETF	$3.11M	$3.63M	$7.00M
YLDE ClearBridge Dividend Strategy ESG ETF	$703.80K	$730.06K	$767.23K

YLDE vs. EZBC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YLDE ClearBridge Dividend Strategy ESG ETF	9.35%	13.09%	16.04%
EZBC Franklin Bitcoin ETF	-28.20%	-6.56%	87.83%

Correlation

The correlation between YLDE and EZBC is 0.25, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.25
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.30

Return for Risk

YLDE vs. EZBC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

YLDE

YLDE Risk / Return Rank: 75
YLDE Sharpe Ratio Rank: 80
YLDE Sortino Ratio Rank: 81
YLDE Omega Ratio Rank: 79
YLDE Calmar Ratio Rank: 66
YLDE Martin Ratio Rank: 69

EZBC

EZBC Risk / Return Rank: 1
EZBC Sharpe Ratio Rank: 1
EZBC Sortino Ratio Rank: 1
EZBC Omega Ratio Rank: 2
EZBC Calmar Ratio Rank: 2
EZBC Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

YLDE vs. EZBC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Dividend Strategy ESG ETF (YLDE) and Franklin Bitcoin ETF (EZBC). 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.

	YLDE	EZBC	Difference
Sharpe ratio: Return per unit of total volatility	1.84	-1.05	+2.89
Sortino ratio: Return per unit of downside risk	2.64	-1.58	+4.22
Omega ratio: Gain probability vs. loss probability	1.33	0.83	+0.51
Calmar ratio: Return relative to maximum drawdown	2.31	-0.87	+3.18
Martin ratio: Return relative to average drawdown	8.45	-1.34	+9.79

YLDE vs. EZBC - Sharpe Ratio Comparison

The current YLDE Sharpe Ratio is 1.84, which is higher than the EZBC Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of YLDE and EZBC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

YLDE vs. EZBC - Drawdown Comparison

The maximum YLDE drawdown since its inception was -33.23%, smaller than the maximum EZBC drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for YLDE and EZBC.

Drawdown Indicators

	YLDE	EZBC	Difference
Max Drawdown Largest peak-to-trough decline	-33.23%	-53.35%	+20.12%
Max Drawdown (1Y) Largest decline over 1 year	-7.59%	-53.35%	+45.76%
Max Drawdown (3Y) Largest decline over 3 years	-11.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.22%	—	—
Current Drawdown Current decline from peak	-0.90%	-50.02%	+49.12%
Average Drawdown Average peak-to-trough decline	-3.51%	-18.28%	+14.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	34.65%	-32.58%

Volatility

YLDE vs. EZBC - Volatility Comparison

The current volatility for ClearBridge Dividend Strategy ESG ETF (YLDE) is 3.36%, while Franklin Bitcoin ETF (EZBC) has a volatility of 9.03%. This indicates that YLDE experiences smaller price fluctuations and is considered to be less risky than EZBC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YLDE	EZBC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	9.03%	-5.67%
Volatility (6M) Calculated over the trailing 6-month period	7.12%	33.75%	-26.63%
Volatility (1Y) Calculated over the trailing 1-year period	9.52%	44.37%	-34.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.54%	49.52%	-35.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.68%	49.52%	-33.84%

YLDE vs. EZBC - Expense Ratio Comparison

YLDE has a 0.60% expense ratio, which is higher than EZBC's 0.19% expense ratio.

Dividends

YLDE vs. EZBC - Dividend Comparison

YLDE's dividend yield for the trailing twelve months is around 6.39%, while EZBC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EZBC Franklin Bitcoin ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
YLDE ClearBridge Dividend Strategy ESG ETF	5.93%	5.68%	1.69%	1.64%	1.68%	1.15%	1.46%	1.65%	2.25%	1.31%

Frequently Asked Questions

Can I hold both YLDE and EZBC in my portfolio?

YLDE and EZBC have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, YLDE or EZBC?

EZBC has higher volatility (9.03%) compared to YLDE (3.36%). In terms of maximum drawdown, YLDE dropped -33.23% vs EZBC's -53.35%.

Which ETF is better, YLDE or EZBC?

On 1-year performance, YLDE leads with 18.10% vs -44.53% for EZBC. On fees, EZBC is cheaper at 0.19% per year. On volatility, YLDE has been the lower-risk option at 3.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, YLDE or EZBC?

Over the 1-year period, YLDE has performed better with a 18.10% return vs -44.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, YLDE or EZBC?

EZBC is cheaper with a 0.19% expense ratio, compared with 0.60% for YLDE.

Which ETF pays a higher dividend yield, YLDE or EZBC?

YLDE has the higher dividend yield at 5.93%, compared with 0.00% for EZBC.

What is the main difference between YLDE and EZBC?

YLDE is categorized as Dividend, while EZBC is Cryptocurrency. Their fees differ too: 0.60% for YLDE and 0.19% for EZBC.

Which has better risk-adjusted returns?

YLDE currently has the higher Sharpe Ratio (1.84 vs -1.05), 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.