PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) Sharpe Ratio: 0.05

ETF · Currency in USD · Last updated Jul 14, 2026

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.

BLCN's Sharpe Ratio of 0.05 indicates that for each unit of volatility, it generates 0.05 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

BLCN Sharpe Ratio Rank

BLCN Sharpe Ratio Rank: 9.910
Concerning

BLCN ranks above 9.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

BLCN Sharpe Ratio Market Positioning

The chart shows BLCN's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.73 or lower
  • Yellow zone (middle 50%): 0.73 to 1.90
  • Green zone (top 25%): 1.90 or higher
  • Top 1%: 6.56+
  • Median: 1.39 — half of all investments score higher

How it compares to other similar ETFs

The table compares Siren ETF Trust Siren Nasdaq NexGen Economy ETF's Sharpe Ratio with other ETFs in the Large Cap Blend Equities, Blockchain category across multiple time periods, showing how BLCN's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 14, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
AFOSARS Focused Opportunities Strategy ETF3.16
IUSInvesco RAFI Strategic US ETF2.89
RSSYReturn Stacked US Stocks & Futures Yield ETF2.75
HECOState Street Galaxy Hedged Digital Asset Ecosystem ETF2.60
AVIEAvantis Inflation Focused Equity ETF2.55
RAFEPIMCO RAFI ESG U.S. ETF2.49
DECOState Street Galaxy Digital Asset Ecosystem ETF2.42
ESNEssential 40 Stock ETF2.38
EBILongview Advantage ETF2.27
BLCRBlackrock Large Cap Core ETF2.21
BLCNSiren ETF Trust Siren Nasdaq NexGen Economy ETF0.05

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows BLCN's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BLCN consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does BLCN fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio