BITW vs. BLOK
Compare and contrast key facts about Bitwise 10 Crypto Index Fund (BITW) and Amplify Transformational Data Sharing ETF (BLOK).
BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BITW or BLOK.
Key characteristics
| BITW | BLOK | |
|---|---|---|
| YTD Return | 114.98% | 65.09% |
| 1Y Return | 136.20% | 128.89% |
| 3Y Return (Ann) | -0.16% | -2.80% |
| Sharpe Ratio | 2.19 | 3.19 |
| Sortino Ratio | 2.55 | 3.80 |
| Omega Ratio | 1.33 | 1.44 |
| Calmar Ratio | 1.59 | 2.08 |
| Martin Ratio | 10.46 | 13.94 |
| Ulcer Index | 13.50% | 9.01% |
| Daily Std Dev | 64.40% | 39.41% |
| Max Drawdown | -96.46% | -73.33% |
| Current Drawdown | -64.20% | -9.61% |
Correlation
The correlation between BITW and BLOK is 0.62, 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.
Performance
BITW vs. BLOK - Performance Comparison
In the year-to-date period, BITW achieves a 114.98% return, which is significantly higher than BLOK's 65.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BITW vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitwise 10 Crypto Index Fund (BITW) 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.
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 0.70%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BITW Bitwise 10 Crypto Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLOK Amplify Transformational Data Sharing ETF | 0.70% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
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. For additional features, visit the drawdowns tool.
Volatility
BITW vs. BLOK - Volatility Comparison
Bitwise 10 Crypto Index Fund (BITW) has a higher volatility of 18.11% compared to Amplify Transformational Data Sharing ETF (BLOK) at 14.72%. This indicates that BITW'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.