BFJL vs. BLOX

Last updated Jun 4, 2026

BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) and BLOX (Nicholas Crypto Income ETF) are both exchange-traded funds - BFJL is a Defined Outcome fund managed by First Trust, while BLOX is a Cryptocurrency fund actively managed by Nicholas. A 0.76 correlation means they provide meaningful diversification when combined. BFJL charges 0.90%/yr vs 1.03%/yr for BLOX.

Performance

BFJL vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) 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, BFJL achieves a -7.67% return, which is significantly lower than BLOX's 16.52% return.

BFJL

• 1D: 0.09%
• 1M: -1.12%
• YTD: -7.67%
• 6M: -10.43%
• 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)

BFJL vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-7.67%	-7.43%
BLOX Nicholas Crypto Income ETF	16.52%	0.62%

Correlation

The correlation between BFJL and BLOX is 0.76, 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 Jul 2, 2025	0.76

Return for Risk

BFJL vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) 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

	BFJL	BLOX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.14	0.54	-1.68

Drawdowns

BFJL vs. BLOX - Drawdown Comparison

The maximum BFJL drawdown since its inception was -21.27%, smaller than the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for BFJL and BLOX.

Drawdown Indicators

	BFJL	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-47.09%	+25.82%
Current Drawdown Current decline from peak	-21.20%	-19.45%	-1.75%
Average Drawdown Average peak-to-trough decline	-11.76%	-18.53%	+6.77%

Volatility

Volatility by Period

	BFJL	BLOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	53.44%	-39.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.76%	53.44%	-39.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.76%	53.44%	-39.68%

BFJL vs. BLOX - Expense Ratio Comparison

BFJL has a 0.90% expense ratio, which is lower than BLOX's 1.03% expense ratio.

Dividends

BFJL vs. BLOX - Dividend Comparison

BFJL's dividend yield for the trailing twelve months is around 1.46%, less than BLOX's 36.81% yield.

Position	TTM	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.46%	1.35%
BLOX Nicholas Crypto Income ETF	36.81%	22.69%

Frequently Asked Questions

Can I hold both BFJL and BLOX in my portfolio?

BFJL and BLOX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFJL or BLOX?

On fees, BFJL is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFJL or BLOX?

BFJL is cheaper with a 0.90% expense ratio, compared with 1.03% for BLOX.

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

BLOX has the higher dividend yield at 36.81%, compared with 1.46% for BFJL.

What is the main difference between BFJL and BLOX?

BFJL is categorized as Defined Outcome, while BLOX is Cryptocurrency. They also come from different issuers: First Trust and Nicholas. Their fees differ too: 0.90% for BFJL and 1.03% for BLOX.