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EZET

GradeBChicago Board Options Exchange

Franklin Ethereum ETF

Crypto · Franklin Templeton · Inception 2024-07-23 · SEC filings

$20.17−0.69 (−3.31%)

As of Sep 23, 2026, 2:25 PM EDT

History starts Jul 23, 2024.
Intraday session: down, 59 prints from 20.86 to 20.17. Range 20.07 to 20.61. Use the arrow keys to read each point.$20.40$20.6010 AM12 PM2 PM4 PM
Expense ratio
0.19%
Fund size
$59M
1Y return
−33.6%
Yield · Last 12 months
—
Holdings
2
Volume · 30D
0.1M sh
NAV per share
$20.94
52W range
low $11.62high $36.15

The ETF.net EZET Grade

B

63/ 100

Rank 4 of 11 in Spot Ether⁠

Confidence Medium

Six-pillar profile for EZET. Scores out of 100: Cost 70, Risk 41, Mission 100, Tradability 17, Holdings not scored, Durability 45. Strongest: Mission (100). Weakest: Tradability (17). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 63 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 70
    Category rank5/11 · top 45%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank6/9 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 41
    Category rank8/10 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 17
    Category rank11/11 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank8/11 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on EZET

ETF.net Research

BFranklin's spot ether fund carries a 0% expense ratio in an aisle where the typical rival charges 0.25%. Same coin, same brokerage account, nothing skimmed off the top.

Stated mandate

The fund is described as an actively managed exchange-traded fund.

Why people hold it

  1. 01Zero expense ratio against a 0.25% median for spot ether funds. It undercuts the whole group on fee, including ETH at 0.15% and ETHW at 0.20%.
  2. 02Simple plumbing: a grantor trust that holds ether itself. No futures roll, no leverage, no index tricks between you and the coin.
  3. 03Does the one job on the label, holding ether and tracking its price closely, and rates among the stronger implementations in the spot ether group.
  4. 04Trading since July 2024, run by Franklin Templeton rather than a crypto-only startup.

Worth knowing

  1. 01One of the smaller and less traded funds in the category, which can mean wider spreads and more care needed on larger orders.
  2. 02No distributions. Everything rides on ether's price, and that price swings hard in both directions.
  3. 03Short history: the fund, and the US spot ether category around it, only date to 2024, so there is limited track record across market cycles.

EZET Holdings

As of Sep 22, 2026, 9:39 PM
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
ETHEREUM100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—ETHEREUM100.01%21,213$59M7

Showing 1–1 of 1 holdings

EZET Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EZET$6,643
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EZET $6,643. SPY $11,723. Use the arrow keys to read each point.$3,118$7,760$12,402Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EZET. Periods over one year show the average yearly return.
PeriodEZET
Year to date−7.4%
1 month+14.2%
3 months+58.9%
1 year−33.6%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EZET
YearReturn barEZET
2026 YTD−7.4%
2025−11.2%
2024−3.7%

Since listing, Jul 23, 2024

EZET in the news

ETF.net Research hasn’t filed on EZET yet — coverage lands here as it’s written.

EZET Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

EZET Risk

How much the fund’s monthly returns vary, scaled to a year.
77.4%
Annualised · 25 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.12
vs 3-month T-bills · 25 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−67.9%
25 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.61
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EZET Cost

Expense ratio0.19%
  • The middle half of Spot Ether funds
  • Median 0.21%

2 of the 11 Spot Ether funds charge less.

EZET costs $19.00 a year on $10,000. The median Spot Ether fund costs $21.00.