BKCG.L vs. SDIP.L

Last updated Jun 5, 2026

BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) and SDIP.L (Global X SuperDividend UCITS ETF USD Distributing) are both exchange-traded funds - BKCG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD, while SDIP.L is a Dividend fund tracking the Solactive Global SuperDividend Index. Both are passively managed. Over the past 3 years, BKCG.L returned 56.44%/yr vs 4.20%/yr for SDIP.L. At a 0.30 correlation, their price movements are largely independent. BKCG.L charges 0.50%/yr vs 0.45%/yr for SDIP.L.

Performance

BKCG.L vs. SDIP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) and Global X SuperDividend UCITS ETF USD Distributing (SDIP.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKCG.L achieves a 35.75% return, which is significantly higher than SDIP.L's 2.95% return.

BKCG.L

• 1D: -3.52%
• 1M: 10.26%
• YTD: 35.75%
• 6M: 10.16%
• 1Y: 105.28%
• 3Y*: 56.44%
• 5Y*: —
• 10Y*: —

SDIP.L

• 1D: 0.29%
• 1M: -3.78%
• YTD: 2.95%
• 6M: 0.97%
• 1Y: 15.23%
• 3Y*: 4.20%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKCG.L vs. SDIP.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%	-79.88%
SDIP.L Global X SuperDividend UCITS ETF USD Distributing	2.95%	7.51%	-2.89%	-9.44%	-23.51%

Correlation

The correlation between BKCG.L and SDIP.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.30

The correlation between BKCG.L and SDIP.L shifts across timeframes, from 0.16 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BKCG.L vs. SDIP.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKCG.L

BKCG.L Risk / Return Rank: 38
BKCG.L Sharpe Ratio Rank: 46
BKCG.L Sortino Ratio Rank: 42
BKCG.L Omega Ratio Rank: 39
BKCG.L Calmar Ratio Rank: 40
BKCG.L Martin Ratio Rank: 26

SDIP.L

SDIP.L Risk / Return Rank: 46
SDIP.L Sharpe Ratio Rank: 46
SDIP.L Sortino Ratio Rank: 45
SDIP.L Omega Ratio Rank: 46
SDIP.L Calmar Ratio Rank: 50
SDIP.L Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKCG.L vs. SDIP.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 Global X SuperDividend UCITS ETF USD Distributing (SDIP.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	SDIP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.56	1.57	-0.01
Sortino ratio: Return per unit of downside risk	2.07	2.23	-0.16
Omega ratio: Gain probability vs. loss probability	1.25	1.28	-0.04
Calmar ratio: Return relative to maximum drawdown	1.94	2.43	-0.49
Martin ratio: Return relative to average drawdown	3.51	7.18	-3.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BKCG.L vs. SDIP.L - Sharpe Ratio Comparison

The current BKCG.L Sharpe Ratio is 1.56, which is comparable to the SDIP.L Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of BKCG.L and SDIP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BKCG.L	SDIP.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	1.57	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	-0.41	+0.57

Drawdowns

BKCG.L vs. SDIP.L - Drawdown Comparison

The maximum BKCG.L drawdown since its inception was -82.56%, which is greater than SDIP.L's maximum drawdown of -42.74%. Use the drawdown chart below to compare losses from any high point for BKCG.L and SDIP.L.

Drawdown Indicators

	BKCG.L	SDIP.L	Difference
Max Drawdown Largest peak-to-trough decline	-82.56%	-42.74%	-39.82%
Max Drawdown (1Y) Largest decline over 1 year	-54.08%	-6.25%	-47.83%
Max Drawdown (3Y) Largest decline over 3 years	-57.72%	-21.84%	-35.88%
Current Drawdown Current decline from peak	-25.72%	-25.54%	-0.18%
Average Drawdown Average peak-to-trough decline	-43.37%	-27.04%	-16.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.84%	2.12%	+27.72%

Volatility

BKCG.L vs. SDIP.L - Volatility Comparison

Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a higher volatility of 19.30% compared to Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) at 2.17%. This indicates that BKCG.L's price experiences larger fluctuations and is considered to be riskier than SDIP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKCG.L	SDIP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.30%	2.17%	+17.13%
Volatility (6M) Calculated over the trailing 6-month period	45.66%	6.75%	+38.91%
Volatility (1Y) Calculated over the trailing 1-year period	67.15%	9.64%	+57.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.54%	16.27%	+58.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.54%	16.27%	+58.27%

BKCG.L vs. SDIP.L - Expense Ratio Comparison

BKCG.L has a 0.50% expense ratio, which is higher than SDIP.L's 0.45% expense ratio.

Dividends

BKCG.L vs. SDIP.L - Dividend Comparison

Neither BKCG.L nor SDIP.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BKCG.L Global X Blockchain UCITS ETF USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%
SDIP.L Global X SuperDividend UCITS ETF USD Distributing	0.00%	0.00%	6.61%	2.00%	0.09%

Frequently Asked Questions

Can I hold both BKCG.L and SDIP.L in my portfolio?

BKCG.L and SDIP.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BKCG.L or SDIP.L?

On fees, SDIP.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKCG.L or SDIP.L?

SDIP.L is cheaper with a 0.45% expense ratio, compared with 0.50% for BKCG.L.

What is the main difference between BKCG.L and SDIP.L?

BKCG.L is categorized as Technology Equities, while SDIP.L is Dividend. BKCG.L tracks MSCI World/Information Tech NR USD, while SDIP.L tracks Solactive Global SuperDividend Index. Their fees differ too: 0.50% for BKCG.L and 0.45% for SDIP.L.