BETH vs. BKCH
Compare and contrast key facts about ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and Global X Blockchain ETF (BKCH).
BETH and BKCH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BETH is an actively managed fund by ProShares. It was launched on Oct 2, 2023. BKCH is an actively managed fund by Global X. It was launched on Jul 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BETH or BKCH.
Performance
BETH vs. BKCH - Performance Comparison
Returns By Period
In the year-to-date period, BETH achieves a 84.62% return, which is significantly higher than BKCH's 39.66% return.
BETH
84.62%
35.32%
17.12%
108.66%
N/A
N/A
BKCH
39.66%
22.62%
39.60%
125.92%
N/A
N/A
Key characteristics
| BETH | BKCH | |
|---|---|---|
| Sharpe Ratio | 1.92 | 1.54 |
| Sortino Ratio | 2.51 | 2.32 |
| Omega Ratio | 1.30 | 1.26 |
| Calmar Ratio | 3.21 | 1.59 |
| Martin Ratio | 6.92 | 5.64 |
| Ulcer Index | 15.69% | 22.33% |
| Daily Std Dev | 56.69% | 81.74% |
| Max Drawdown | -33.89% | -91.80% |
| Current Drawdown | -6.81% | -55.67% |
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BETH vs. BKCH - Expense Ratio Comparison
BETH has a 0.95% expense ratio, which is higher than BKCH's 0.50% expense ratio.
Correlation
The correlation between BETH and BKCH is 0.66, 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.
Risk-Adjusted Performance
BETH vs. BKCH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and Global X Blockchain ETF (BKCH). 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
BETH vs. BKCH - Dividend Comparison
BETH's dividend yield for the trailing twelve months is around 19.04%, more than BKCH's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF | 19.04% | 0.36% | 0.00% | 0.00% |
BKCH Global X Blockchain ETF | 1.60% | 2.33% | 1.30% | 4.28% |
Drawdowns
BETH vs. BKCH - Drawdown Comparison
The maximum BETH drawdown since its inception was -33.89%, smaller than the maximum BKCH drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for BETH and BKCH. For additional features, visit the drawdowns tool.
Volatility
BETH vs. BKCH - Volatility Comparison
The current volatility for ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is 19.20%, while Global X Blockchain ETF (BKCH) has a volatility of 31.01%. This indicates that BETH experiences smaller price fluctuations and is considered to be less risky than BKCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.