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Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN)

ETF · Currency in USD · Last updated Mar 26, 2023

BLCN is a passive ETF by SRN Advisors tracking the investment results of the Siren NASDAQ Blockchain Economy Index. BLCN launched on Jan 17, 2018 and has a 0.68% expense ratio.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in Siren ETF Trust Siren Nasdaq NexGen Economy ETF in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,966 for a total return of roughly -10.34%. All prices are adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%50.00%NovemberDecember2023FebruaryMarch
-10.34%
41.69%
BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF)
Benchmark (^GSPC)

S&P 500

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Popular comparisons: BLCN vs. BLOK, BLCN vs. FINX

Return

Siren ETF Trust Siren Nasdaq NexGen Economy ETF had a return of 1.91% year-to-date (YTD) and -44.97% in the last 12 months. Over the past 10 years, Siren ETF Trust Siren Nasdaq NexGen Economy ETF had an annualized return of -2.08%, while the S&P 500 had an annualized return of 6.96%, indicating that Siren ETF Trust Siren Nasdaq NexGen Economy ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-3.46%-0.66%
Year-To-Date1.91%3.42%
6 months-13.11%5.67%
1 year-44.97%-10.89%
5 years (annualized)-0.66%8.95%
10 years (annualized)-2.08%6.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202312.07%-7.03%
2022-16.57%0.91%4.64%-13.25%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Siren ETF Trust Siren Nasdaq NexGen Economy ETF Sharpe ratio is -1.32. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-1.32
-0.47
BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF)
Benchmark (^GSPC)

Dividend History

Siren ETF Trust Siren Nasdaq NexGen Economy ETF granted a 1.35% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.


PeriodTTM20222021202020192018
Dividend$0.28$0.26$0.24$0.24$0.37$0.23

Dividend yield

1.35%1.28%0.57%0.59%1.48%1.21%

Monthly Dividends

The table displays the monthly dividend distributions for Siren ETF Trust Siren Nasdaq NexGen Economy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.21$0.00$0.00$0.02$0.00$0.00$0.03
2021$0.00$0.00$0.04$0.00$0.00$0.15$0.00$0.00$0.02$0.00$0.00$0.03
2020$0.00$0.00$0.04$0.00$0.00$0.08$0.00$0.00$0.01$0.00$0.00$0.10
2019$0.00$0.00$0.04$0.00$0.00$0.22$0.00$0.00$0.03$0.00$0.00$0.08
2018$0.02$0.00$0.00$0.12$0.00$0.00$0.02$0.00$0.00$0.07

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%NovemberDecember2023FebruaryMarch
-59.84%
-17.21%
BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Siren ETF Trust Siren Nasdaq NexGen Economy ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Siren ETF Trust Siren Nasdaq NexGen Economy ETF is 61.88%, recorded on Mar 10, 2023. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-61.88%Nov 9, 2021335Mar 10, 2023
-30.63%Feb 13, 202027Mar 23, 202049Jun 2, 202076
-24.24%Jan 29, 2018229Dec 24, 2018220Nov 7, 2019449
-14.85%Mar 18, 2021139Oct 4, 202125Nov 8, 2021164
-10.4%Aug 26, 202047Oct 30, 202011Nov 16, 202058
-7.95%Feb 22, 20215Feb 26, 20219Mar 11, 202114
-6.36%Jun 10, 20202Jun 11, 20208Jun 23, 202010
-4.79%Jan 21, 20209Jan 31, 20206Feb 10, 202015
-3.97%Jul 13, 20201Jul 13, 20205Jul 20, 20206
-3.96%Jan 11, 202112Jan 27, 20215Feb 3, 202117

Volatility Chart

Current Siren ETF Trust Siren Nasdaq NexGen Economy ETF volatility is 29.05%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2023FebruaryMarch
29.05%
19.50%
BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF)
Benchmark (^GSPC)

Alternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe Ratio
BLOKJan 16, 20180.71%21.4%1.7%0.0%-73.3%-1.0