BFOC vs. BLKC

Last updated Jun 4, 2026

BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) and BLKC (Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF) are both exchange-traded funds - BFOC is a Defined Outcome fund actively managed by First Trust, while BLKC is a Cryptocurrency fund tracking the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index. BFOC is actively managed, while BLKC is passively managed. A 0.61 correlation means they provide meaningful diversification when combined. BFOC charges 0.90%/yr vs 0.60%/yr for BLKC.

Performance

BFOC vs. BLKC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLKC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFOC vs. BLKC - Yearly Performance Comparison

	2026 (YTD)	2025
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-9.76%
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	-12.03%	-19.22%

Correlation

The correlation between BFOC and BLKC is 0.61, 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 Oct 2, 2025	0.61

Return for Risk

BFOC vs. BLKC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). 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

	BFOC	BLKC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.88	—	—

Drawdowns

Drawdown Indicators

	BFOC	BLKC	Difference
Max Drawdown Largest peak-to-trough decline	-18.20%	—	—
Current Drawdown Current decline from peak	-18.20%	—	—
Average Drawdown Average peak-to-trough decline	-12.52%	—	—

Volatility

Volatility by Period

	BFOC	BLKC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.61%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.61%	—	—

BFOC vs. BLKC - Expense Ratio Comparison

BFOC has a 0.90% expense ratio, which is higher than BLKC's 0.60% expense ratio.

Dividends

BFOC vs. BLKC - Dividend Comparison

BFOC has not paid dividends to shareholders, while BLKC's dividend yield for the trailing twelve months is around 4.39%.

Position	TTM	2025	2024	2023	2022	2021
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	4.39%	7.72%	19.66%	1.92%	5.40%	0.51%

Frequently Asked Questions

Can I hold both BFOC and BLKC in my portfolio?

BFOC and BLKC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFOC or BLKC?

On fees, BLKC is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFOC or BLKC?

BLKC is cheaper with a 0.60% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, BFOC or BLKC?

BLKC has the higher dividend yield at 4.39%, compared with 0.00% for BFOC.

What is the main difference between BFOC and BLKC?

BFOC is categorized as Defined Outcome, while BLKC is Cryptocurrency. They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.90% for BFOC and 0.60% for BLKC.