BITW vs. BLOK
BITW (Bitwise 10 Crypto Index ETF) and BLOK (Amplify Blockchain Technology ETF) are both exchange-traded funds - BITW is a Cryptocurrency fund tracking the Bitwise 10 Large Cap Crypto Index, while BLOK is a Blockchain fund actively managed by Amplify. BITW is passively managed, while BLOK is actively managed. Over the past 5 years, BITW returned -0.56%/yr vs 10.22%/yr for BLOK. Their 0.63 correlation means they have sometimes moved together and sometimes differently. BITW charges 0.75%/yr vs 0.70%/yr for BLOK.
Performance
BITW vs. BLOK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BITW achieves a -31.06% return, which is significantly lower than BLOK's 4.30% return.
BITW
- 1D
- -2.78%
- 1M
- 2.56%
- 6M
- -27.22%
- YTD
- -31.06%
- 1Y
- -42.99%
- 3Y*
- 48.26%
- 5Y*
- -0.56%
- 10Y*
- —
- ALL TIME*
- 23.38%
BLOK
- 1D
- -1.22%
- 1M
- -3.77%
- 6M
- -0.08%
- YTD
- 4.30%
- 1Y
- 6.60%
- 3Y*
- 35.59%
- 5Y*
- 10.22%
- 10Y*
- —
- ALL TIME*
- 17.03%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.41M | $1.46M | $2.56M | |
| $12.12M | $10.76M | $19.14M |
BITW vs. BLOK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BITW Bitwise 10 Crypto Index ETF | -31.06% | -2.63% | 160.69% | 331.10% | -85.92% | -36.83% | 403.25% |
BLOK Amplify Blockchain Technology ETF | 4.30% | 32.64% | 53.12% | 99.62% | -62.36% | 30.76% | 38.10% |
Correlation
The correlation between BITW and BLOK is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2020 | 0.63 |
The correlation between BITW and BLOK has been stable across timeframes, ranging from 0.63 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BITW vs. BLOK — Risk / Return Rank
BITW
BLOK
BITW vs. BLOK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise 10 Crypto Index ETF (BITW) and Amplify Blockchain Technology 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BITW | BLOK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.04 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 0.03 | -0.84 |
| Martin ratioReturn relative to average drawdown | -1.23 | 0.07 | -1.29 |
Loading charts...
Drawdowns
BITW vs. BLOK - Drawdown Comparison
The maximum BITW drawdown since its inception was -96.46%, which is greater than BLOK's maximum drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for BITW and BLOK.
Loading charts...
Drawdown Indicators
| BITW | BLOK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.46% | -73.33% | -23.13% |
Max Drawdown (1Y)Largest decline over 1 year | -56.45% | -35.64% | -20.81% |
Max Drawdown (3Y)Largest decline over 3 years | -56.45% | -35.64% | -20.81% |
Max Drawdown (5Y)Largest decline over 5 years | -91.93% | -73.33% | -18.60% |
Current DrawdownCurrent decline from peak | -70.86% | -19.37% | -51.49% |
Average DrawdownAverage peak-to-trough decline | -69.58% | -25.87% | -43.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.89% | 17.28% | +19.61% |
Volatility
BITW vs. BLOK - Volatility Comparison
The current volatility for Bitwise 10 Crypto Index ETF (BITW) is 9.68%, while Amplify Blockchain Technology ETF (BLOK) has a volatility of 13.31%. This indicates that BITW experiences smaller price fluctuations and is considered to be less risky than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BITW | BLOK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.68% | 13.31% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 36.12% | 30.77% | +5.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.79% | 40.21% | +9.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.94% | 42.50% | +21.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.44% | 39.06% | +68.38% |
BITW vs. BLOK - Expense Ratio Comparison
BITW has a 0.75% expense ratio, which is higher than BLOK's 0.70% expense ratio.
Dividends
BITW vs. BLOK - Dividend Comparison
BITW has not paid dividends to shareholders, while BLOK's dividend yield for the trailing twelve months is around 0.82%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BITW Bitwise 10 Crypto Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLOK Amplify Blockchain Technology ETF | 0.82% | 0.72% | 6.00% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
Frequently Asked Questions
BITW and BLOK have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLOK has higher volatility (13.31%) compared to BITW (9.68%). In terms of maximum drawdown, BITW dropped -96.46% vs BLOK's -73.33%.
On 5-year performance, BLOK leads with 10.22% vs -0.56% for BITW. On fees, BLOK is cheaper at 0.70% per year. On volatility, BITW has been the lower-risk option at 9.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BLOK has performed better with a 10.22% return vs -0.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BLOK is cheaper with a 0.70% expense ratio, compared with 0.75% for BITW.
BLOK has the higher dividend yield at 0.82%, compared with 0.00% for BITW.
BITW is categorized as Cryptocurrency, while BLOK is Blockchain. They also come from different issuers: Bitwise and Amplify. Their fees differ too: 0.75% for BITW and 0.70% for BLOK.
BLOK currently has the higher Sharpe Ratio (0.03 vs -0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BITW and BLOK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer