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BITQ vs. BLOK
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITQ and BLOK is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

BITQ vs. BLOK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Crypto Industry Innovators ETF (BITQ) and Amplify Transformational Data Sharing ETF (BLOK). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-1.65%
15.09%
BITQ
BLOK

Key characteristics

Sharpe Ratio

BITQ:

1.03

BLOK:

1.66

Sortino Ratio

BITQ:

1.82

BLOK:

2.33

Omega Ratio

BITQ:

1.20

BLOK:

1.27

Calmar Ratio

BITQ:

0.98

BLOK:

1.28

Martin Ratio

BITQ:

4.15

BLOK:

7.31

Ulcer Index

BITQ:

17.62%

BLOK:

9.12%

Daily Std Dev

BITQ:

70.86%

BLOK:

40.13%

Max Drawdown

BITQ:

-90.32%

BLOK:

-73.33%

Current Drawdown

BITQ:

-42.32%

BLOK:

-12.03%

Returns By Period

The year-to-date returns for both stocks are quite close, with BITQ having a 62.73% return and BLOK slightly lower at 60.67%.


BITQ

YTD

62.73%

1M

-9.15%

6M

37.46%

1Y

62.73%

5Y*

N/A

10Y*

N/A

BLOK

YTD

60.67%

1M

-2.32%

6M

35.67%

1Y

61.01%

5Y*

24.65%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BITQ vs. BLOK - Expense Ratio Comparison

BITQ has a 0.85% expense ratio, which is higher than BLOK's 0.71% expense ratio.


BITQ
Bitwise Crypto Industry Innovators ETF
Expense ratio chart for BITQ: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for BLOK: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%

Risk-Adjusted Performance

BITQ vs. BLOK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and Amplify Transformational Data Sharing ETF (BLOK). 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.


Sharpe ratio
The chart of Sharpe ratio for BITQ, currently valued at 1.03, compared to the broader market0.002.004.001.031.66
The chart of Sortino ratio for BITQ, currently valued at 1.82, compared to the broader market-2.000.002.004.006.008.0010.001.822.33
The chart of Omega ratio for BITQ, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.001.201.27
The chart of Calmar ratio for BITQ, currently valued at 0.98, compared to the broader market0.005.0010.0015.000.981.28
The chart of Martin ratio for BITQ, currently valued at 4.15, compared to the broader market0.0020.0040.0060.0080.00100.004.157.31
BITQ
BLOK

The current BITQ Sharpe Ratio is 1.03, which is lower than the BLOK Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of BITQ and BLOK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.03
1.66
BITQ
BLOK

Dividends

BITQ vs. BLOK - Dividend Comparison

BITQ's dividend yield for the trailing twelve months is around 0.93%, more than BLOK's 0.72% yield.


TTM202320222021202020192018
BITQ
Bitwise Crypto Industry Innovators ETF
0.93%1.51%0.00%3.12%0.00%0.00%0.00%
BLOK
Amplify Transformational Data Sharing ETF
0.72%1.15%0.00%14.31%1.88%2.05%1.30%

Drawdowns

BITQ vs. BLOK - Drawdown Comparison

The maximum BITQ drawdown since its inception was -90.32%, which is greater than BLOK's maximum drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for BITQ and BLOK. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-42.32%
-12.03%
BITQ
BLOK

Volatility

BITQ vs. BLOK - Volatility Comparison

Bitwise Crypto Industry Innovators ETF (BITQ) has a higher volatility of 23.11% compared to Amplify Transformational Data Sharing ETF (BLOK) at 14.17%. This indicates that BITQ's price experiences larger fluctuations and is considered to be riskier than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
23.11%
14.17%
BITQ
BLOK
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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