BCCC vs. BLOX

Last updated Jun 4, 2026

BCCC (Global X Bitcoin Covered Call ETF) and BLOX (Nicholas Crypto Income ETF) are both Cryptocurrency funds. Both are actively managed. A 0.79 correlation means they provide meaningful diversification when combined. BCCC charges 0.75%/yr vs 1.03%/yr for BLOX.

Performance

BCCC vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Bitcoin Covered Call ETF (BCCC) and Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCCC achieves a -21.49% return, which is significantly lower than BLOX's 16.52% return.

BCCC

• 1D: -2.78%
• 1M: -14.90%
• YTD: -21.49%
• 6M: -22.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: -2.56%
• 1M: 10.59%
• YTD: 16.52%
• 6M: 5.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCCC vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
BCCC Global X Bitcoin Covered Call ETF	-21.49%	-7.63%
BLOX Nicholas Crypto Income ETF	16.52%	9.24%

Correlation

The correlation between BCCC and BLOX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.79

Return for Risk

BCCC vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Covered Call ETF (BCCC) and Nicholas Crypto Income ETF (BLOX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BCCC	BLOX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	0.54	-1.32

Drawdowns

BCCC vs. BLOX - Drawdown Comparison

The maximum BCCC drawdown since its inception was -41.62%, smaller than the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for BCCC and BLOX.

Drawdown Indicators

	BCCC	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-41.62%	-47.09%	+5.47%
Current Drawdown Current decline from peak	-37.25%	-19.45%	-17.80%
Average Drawdown Average peak-to-trough decline	-16.84%	-18.53%	+1.69%

Volatility

Volatility by Period

	BCCC	BLOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.07%	53.44%	-18.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.07%	53.44%	-18.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.07%	53.44%	-18.37%

BCCC vs. BLOX - Expense Ratio Comparison

BCCC has a 0.75% expense ratio, which is lower than BLOX's 1.03% expense ratio.

Dividends

BCCC vs. BLOX - Dividend Comparison

BCCC's dividend yield for the trailing twelve months is around 62.51%, more than BLOX's 36.81% yield.

Position	TTM	2025
BCCC Global X Bitcoin Covered Call ETF	62.51%	29.55%
BLOX Nicholas Crypto Income ETF	36.81%	22.69%

Frequently Asked Questions

Can I hold both BCCC and BLOX in my portfolio?

BCCC and BLOX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCCC or BLOX?

On fees, BCCC is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BCCC or BLOX?

BCCC is cheaper with a 0.75% expense ratio, compared with 1.03% for BLOX.

Which ETF pays a higher dividend yield, BCCC or BLOX?

BCCC has the higher dividend yield at 62.51%, compared with 36.81% for BLOX.

What is the main difference between BCCC and BLOX?

They also come from different issuers: Global X and Nicholas. Their fees differ too: 0.75% for BCCC and 1.03% for BLOX.