BKCG.L vs. EQQQ.L
Compare and contrast key facts about Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L).
BKCG.L and EQQQ.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKCG.L is a passively managed fund by Global X that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jan 21, 2022. EQQQ.L is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Dec 2, 2002. Both BKCG.L and EQQQ.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKCG.L or EQQQ.L.
Key characteristics
| BKCG.L | EQQQ.L | |
|---|---|---|
| YTD Return | -19.61% | 11.14% |
| 1Y Return | 78.32% | 36.81% |
| Sharpe Ratio | 0.91 | 2.14 |
| Daily Std Dev | 79.03% | 15.73% |
| Max Drawdown | -82.56% | -33.70% |
| Current Drawdown | -41.36% | 0.00% |
Correlation
The correlation between BKCG.L and EQQQ.L is 0.57, 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
BKCG.L vs. EQQQ.L - Performance Comparison
In the year-to-date period, BKCG.L achieves a -19.61% return, which is significantly lower than EQQQ.L's 11.14% 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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BKCG.L vs. EQQQ.L - Expense Ratio Comparison
BKCG.L has a 0.50% expense ratio, which is higher than EQQQ.L's 0.30% expense ratio.
Risk-Adjusted Performance
BKCG.L vs. EQQQ.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) and Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.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.
Dividends
BKCG.L vs. EQQQ.L - Dividend Comparison
Neither BKCG.L nor EQQQ.L has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKCG.L Global X Blockchain UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EQQQ.L Invesco EQQQ NASDAQ-100 UCITS ETF | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Drawdowns
BKCG.L vs. EQQQ.L - Drawdown Comparison
The maximum BKCG.L drawdown since its inception was -82.56%, which is greater than EQQQ.L's maximum drawdown of -33.70%. Use the drawdown chart below to compare losses from any high point for BKCG.L and EQQQ.L. For additional features, visit the drawdowns tool.
Volatility
BKCG.L vs. EQQQ.L - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a higher volatility of 20.61% compared to Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) at 6.26%. This indicates that BKCG.L's price experiences larger fluctuations and is considered to be riskier than EQQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.