BKCG.L vs. ECAR.L
BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) and ECAR.L (iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc)) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from Global X and iShares respectively. Both are passively managed. Over the past 3 years, BKCG.L returned 56.44%/yr vs 23.94%/yr for ECAR.L. A 0.54 correlation means they provide meaningful diversification when combined. BKCG.L charges 0.50%/yr vs 0.40%/yr for ECAR.L.
Performance
BKCG.L vs. ECAR.L - Performance Comparison
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Different Trading Currencies
BKCG.L is traded in GBP, while ECAR.L is traded in USD. To make them comparable, the ECAR.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, BKCG.L achieves a 35.75% return, which is significantly lower than ECAR.L's 58.49% return.
BKCG.L
- 1D
- -3.52%
- 1M
- 10.26%
- YTD
- 35.75%
- 6M
- 10.16%
- 1Y
- 105.28%
- 3Y*
- 56.44%
- 5Y*
- —
- 10Y*
- —
ECAR.L
- 1D
- -1.93%
- 1M
- 21.69%
- YTD
- 58.49%
- 6M
- 57.93%
- 1Y
- 93.80%
- 3Y*
- 23.94%
- 5Y*
- 13.67%
- 10Y*
- —
BKCG.L vs. ECAR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BKCG.L Global X Blockchain UCITS ETF USD Accumulating | 35.75% | 23.16% | 6.98% | 308.24% | -77.39% |
ECAR.L iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) | 58.49% | 15.47% | 0.80% | 20.74% | -12.61% |
Correlation
The correlation between BKCG.L and ECAR.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.54 |
The correlation between BKCG.L and ECAR.L has been stable across timeframes, ranging from 0.47 to 0.54 - a consistent structural relationship.
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Return for Risk
BKCG.L vs. ECAR.L — Risk / Return Rank
BKCG.L
ECAR.L
BKCG.L vs. ECAR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) and iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L). 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.
| BKCG.L | ECAR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.59 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 7.54 | -5.60 |
| Martin ratioReturn relative to average drawdown | 3.51 | 22.95 | -19.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BKCG.L | ECAR.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 3.77 | -2.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.65 | -0.49 |
Drawdowns
BKCG.L vs. ECAR.L - Drawdown Comparison
The maximum BKCG.L drawdown since its inception was -82.56%, which is greater than ECAR.L's maximum drawdown of -35.94%. Use the drawdown chart below to compare losses from any high point for BKCG.L and ECAR.L.
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Drawdown Indicators
| BKCG.L | ECAR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.56% | -35.94% | -46.62% |
Max Drawdown (1Y)Largest decline over 1 year | -54.08% | -12.38% | -41.70% |
Max Drawdown (3Y)Largest decline over 3 years | -57.72% | -28.42% | -29.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.74% | — |
Current DrawdownCurrent decline from peak | -25.72% | -1.93% | -23.79% |
Average DrawdownAverage peak-to-trough decline | -43.37% | -8.68% | -34.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.84% | 4.07% | +25.77% |
Volatility
BKCG.L vs. ECAR.L - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a higher volatility of 19.30% compared to iShares Electric Vehicles and Driving Technology UCITS ETF USD (Acc) (ECAR.L) at 12.19%. This indicates that BKCG.L's price experiences larger fluctuations and is considered to be riskier than ECAR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BKCG.L | ECAR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.30% | 12.19% | +7.11% |
Volatility (6M)Calculated over the trailing 6-month period | 45.66% | 20.24% | +25.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.15% | 24.73% | +42.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.54% | 22.87% | +51.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.54% | 23.91% | +50.63% |
BKCG.L vs. ECAR.L - Expense Ratio Comparison
BKCG.L has a 0.50% expense ratio, which is higher than ECAR.L's 0.40% expense ratio.
Dividends
BKCG.L vs. ECAR.L - Dividend Comparison
Neither BKCG.L nor ECAR.L has paid dividends to shareholders.
Frequently Asked Questions
BKCG.L and ECAR.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ECAR.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ECAR.L is cheaper with a 0.40% expense ratio, compared with 0.50% for BKCG.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for BKCG.L and 0.40% for ECAR.L.
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