EZET vs SPYH
Comparison between Franklin Ethereum Trust (EZET, ETF) and NEOS S&P 500(R) HEDGED EQUITY INCOME ETF (SPYH, ETF).
EZET vs SPYH - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
EZET
$32M
SPYH
$32M
Expense Ratio
Winner
EZET
0.19%
SPYH
0.68%
Max Drawdown
EZET
67.89%
Winner
SPYH
7.66%
Sharpe Ratio
EZET
-0.63
Winner
SPYH
1.20
5Y Beta
EZET
2.12
Winner
SPYH
0.69
P/E Ratio
EZET
N/A
SPYH
27.85
Forward P/E
EZET
N/A
SPYH
20.31
5Y EPS CAGR
EZET
N/A
SPYH
28.51%
Debt to Equity
EZET
N/A
SPYH
44.98%
P/S Ratio
EZET
N/A
SPYH
3.60
P/B Ratio
EZET
N/A
SPYH
5.33
EZET vs SPYH - Historical Returns
Returns include dividend reinvestment.
1M
Winner
EZET
+10.89%
SPYH
+0.86%
3M
EZET
-16.42%
Winner
SPYH
+4.29%
6M
EZET
-36.56%
Winner
SPYH
+5.37%
1Y
EZET
-48.75%
Winner
SPYH
+14.07%
Max(CAGR)
EZET
-25.73%
Winner
SPYH
+21.07%
EZET vs SPYH - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | EZET | SPYH |
|---|---|---|
| 2026 | -38.49% | +5.63% |
| 2025 | -14.31% | +21.08% |
| 2024 | -3.68% | N/A |
EZET vs SPYH Drawdown Comparison
The maximum drawdown for EZET was -67.89%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The maximum drawdown for SPYH was -6.39%, occurring on Apr 8, 2025. Recovery took 4 trading sessions.
The current EZET drawdown is -60.37%. The current SPYH drawdown is -0.48%.
| Rank | EZET | SPYH |
|---|---|---|
| #1 | -67.89% Aug 22, 2025 - Jun 25, 2026 | -6.39% Apr 3, 2025 - Apr 9, 2025 |
| #2 | -64.05% Dec 6, 2024 - Aug 8, 2025 | -6.03% Feb 25, 2026 - Apr 17, 2026 |
| #3 | -35.88% Jul 23, 2024 - Nov 25, 2024 | -4.20% Apr 9, 2025 - Apr 24, 2025 |
| #4 | -12.77% Aug 13, 2025 - Aug 22, 2025 | -3.28% Oct 28, 2025 - Nov 28, 2025 |
| #5 | -5.44% Nov 25, 2024 - Nov 27, 2024 | -3.05% Jun 2, 2026 - Jul 10, 2026 |
| #6 | -1.79% Dec 4, 2024 - Dec 6, 2024 | -1.95% Oct 8, 2025 - Oct 20, 2025 |
| #7 | -1.38% Nov 27, 2024 - Dec 4, 2024 | -1.79% Dec 11, 2025 - Dec 22, 2025 |
| #8 | N/A | -1.71% Jan 12, 2026 - Jan 27, 2026 |
| #9 | N/A | -1.56% Feb 2, 2026 - Feb 9, 2026 |
| #10 | N/A | -1.54% May 16, 2025 - Jun 3, 2025 |
| #11 | N/A | -1.46% Jul 28, 2025 - Aug 8, 2025 |
| #12 | N/A | -1.18% Feb 9, 2026 - Feb 25, 2026 |
| #13 | N/A | -1.04% Jul 15, 2026 - Jul 20, 2026 |
| #14 | N/A | -0.93% Dec 26, 2025 - Jan 6, 2026 |
| #15 | N/A | -0.92% Aug 13, 2025 - Aug 22, 2025 |
Correlation
Correlation between EZET and SPYH is -0.22 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.22
-101
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