BCHN.L vs. VOO
Compare and contrast key facts about Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) and Vanguard S&P 500 ETF (VOO).
BCHN.L and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BCHN.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Mar 8, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BCHN.L and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BCHN.L or VOO.
Key characteristics
| BCHN.L | VOO | |
|---|---|---|
| YTD Return | -3.88% | 9.95% |
| 1Y Return | 42.43% | 28.35% |
| 3Y Return (Ann) | -9.59% | 9.61% |
| 5Y Return (Ann) | 16.46% | 14.49% |
| Sharpe Ratio | 1.26 | 2.44 |
| Daily Std Dev | 36.39% | 11.57% |
| Max Drawdown | -61.69% | -33.99% |
| Current Drawdown | -37.33% | -0.54% |
Correlation
The correlation between BCHN.L and VOO is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BCHN.L vs. VOO - Performance Comparison
In the year-to-date period, BCHN.L achieves a -3.88% return, which is significantly lower than VOO's 9.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BCHN.L vs. VOO - Expense Ratio Comparison
BCHN.L has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BCHN.L vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
BCHN.L vs. VOO - Dividend Comparison
BCHN.L has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCHN.L Invesco Elwood Global Blockchain Ucits ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BCHN.L vs. VOO - Drawdown Comparison
The maximum BCHN.L drawdown since its inception was -61.69%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BCHN.L and VOO. For additional features, visit the drawdowns tool.
Volatility
BCHN.L vs. VOO - Volatility Comparison
Invesco Elwood Global Blockchain Ucits ETF (BCHN.L) has a higher volatility of 12.73% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that BCHN.L's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.