BKCG.L vs. VHYD.L

Last updated Jun 26, 2026

BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) and VHYD.L (Vanguard FTSE All-World High Dividend Yield 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 VHYD.L is a Dividend fund tracking the FTSE All-World High Dividend Yield Index. Both are passively managed. Over the past 3 years, BKCG.L returned 49.06%/yr vs 17.49%/yr for VHYD.L. At a 0.35 correlation, their price movements are largely independent. BKCG.L charges 0.50%/yr vs 0.29%/yr for VHYD.L.

Performance

BKCG.L vs. VHYD.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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BKCG.L is traded in GBP, while VHYD.L is traded in USD. To make them comparable, the VHYD.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 31.06% return, which is significantly higher than VHYD.L's 13.96% return.

BKCG.L

• 1D: 0.00%
• 1M: -6.34%
• YTD: 31.06%
• 6M: 22.36%
• 1Y: 90.41%
• 3Y*: 49.06%
• 5Y*: —
• 10Y*: —

VHYD.L

• 1D: 0.56%
• 1M: 2.58%
• YTD: 13.96%
• 6M: 14.48%
• 1Y: 31.50%
• 3Y*: 17.49%
• 5Y*: 12.03%
• 10Y*: 10.77%

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

BKCG.L vs. VHYD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BKCG.L Global X Blockchain UCITS ETF USD Accumulating	31.06%	23.16%	6.98%	308.25%	-77.39%
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	13.96%	17.98%	11.23%	5.86%	7.43%

Correlation

The correlation between BKCG.L and VHYD.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jan 25, 2022	0.35

Return for Risk

BKCG.L vs. VHYD.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: 36
BKCG.L Sharpe Ratio Rank: 42
BKCG.L Sortino Ratio Rank: 41
BKCG.L Omega Ratio Rank: 37
BKCG.L Calmar Ratio Rank: 37
BKCG.L Martin Ratio Rank: 25

VHYD.L

VHYD.L Risk / Return Rank: 83
VHYD.L Sharpe Ratio Rank: 88
VHYD.L Sortino Ratio Rank: 89
VHYD.L Omega Ratio Rank: 87
VHYD.L Calmar Ratio Rank: 77
VHYD.L Martin Ratio Rank: 76

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. VHYD.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 Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.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.

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.

	BKCG.L	VHYD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.32	3.08	-1.76
Sortino ratio: Return per unit of downside risk	1.89	4.15	-2.25
Omega ratio: Gain probability vs. loss probability	1.22	1.59	-0.37
Calmar ratio: Return relative to maximum drawdown	1.68	4.54	-2.86
Martin ratio: Return relative to average drawdown	2.98	16.76	-13.78

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

The current BKCG.L Sharpe Ratio is 1.32, which is lower than the VHYD.L Sharpe Ratio of 3.08. The chart below compares the historical Sharpe Ratios of BKCG.L and VHYD.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.

Drawdowns

BKCG.L vs. VHYD.L - Drawdown Comparison

The maximum BKCG.L drawdown since its inception was -82.56%, which is greater than VHYD.L's maximum drawdown of -29.43%. Use the drawdown chart below to compare losses from any high point for BKCG.L and VHYD.L.

Drawdown Indicators

	BKCG.L	VHYD.L	Difference
Max Drawdown Largest peak-to-trough decline	-82.56%	-29.43%	-53.13%
Max Drawdown (1Y) Largest decline over 1 year	-54.08%	-6.91%	-47.17%
Max Drawdown (3Y) Largest decline over 3 years	-57.72%	-12.99%	-44.73%
Max Drawdown (5Y) Largest decline over 5 years	—	-12.99%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.43%	—
Current Drawdown Current decline from peak	-28.28%	-0.69%	-27.59%
Average Drawdown Average peak-to-trough decline	-43.14%	-3.69%	-39.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.39%	1.87%	+28.52%

Volatility

BKCG.L vs. VHYD.L - Volatility Comparison

Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a higher volatility of 17.13% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYD.L) at 3.22%. This indicates that BKCG.L's price experiences larger fluctuations and is considered to be riskier than VHYD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKCG.L	VHYD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.13%	3.22%	+13.91%
Volatility (6M) Calculated over the trailing 6-month period	45.50%	8.40%	+37.10%
Volatility (1Y) Calculated over the trailing 1-year period	68.81%	10.22%	+58.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.53%	12.27%	+62.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.53%	14.72%	+59.81%

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

BKCG.L has a 0.50% expense ratio, which is higher than VHYD.L's 0.29% expense ratio.

Dividends

BKCG.L vs. VHYD.L - Dividend Comparison

BKCG.L has not paid dividends to shareholders, while VHYD.L's dividend yield for the trailing twelve months is around 2.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VHYD.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing	2.55%	2.77%	3.15%	3.31%	3.72%	3.14%	2.90%	3.23%	3.77%	2.96%	3.16%	3.32%

Frequently Asked Questions

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

BKCG.L and VHYD.L have a correlation of 0.29, 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 VHYD.L?

On fees, VHYD.L is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

VHYD.L is cheaper with a 0.29% expense ratio, compared with 0.50% for BKCG.L.

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

BKCG.L is categorized as Technology Equities, while VHYD.L is Dividend. BKCG.L tracks MSCI World/Information Tech NR USD, while VHYD.L tracks FTSE All-World High Dividend Yield Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.50% for BKCG.L and 0.29% for VHYD.L.