BKCG.L vs. XMHQ
Compare and contrast key facts about Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) and Invesco S&P MidCap Quality ETF (XMHQ).
BKCG.L and XMHQ 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. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006. Both BKCG.L and XMHQ 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 XMHQ.
Key characteristics
| BKCG.L | XMHQ | |
|---|---|---|
| YTD Return | -19.61% | 21.96% |
| 1Y Return | 78.32% | 47.35% |
| Sharpe Ratio | 0.91 | 2.93 |
| Daily Std Dev | 79.03% | 16.90% |
| Max Drawdown | -82.56% | -58.19% |
| Current Drawdown | -41.36% | -1.88% |
Correlation
The correlation between BKCG.L and XMHQ is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BKCG.L vs. XMHQ - Performance Comparison
In the year-to-date period, BKCG.L achieves a -19.61% return, which is significantly lower than XMHQ's 21.96% 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. XMHQ - Expense Ratio Comparison
BKCG.L has a 0.50% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
BKCG.L vs. XMHQ - 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 S&P MidCap Quality ETF (XMHQ). 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. XMHQ - Dividend Comparison
BKCG.L has not paid dividends to shareholders, while XMHQ's dividend yield for the trailing twelve months is around 0.59%.
| 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% |
XMHQ Invesco S&P MidCap Quality ETF | 0.59% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% | 1.25% | 1.11% |
Drawdowns
BKCG.L vs. XMHQ - Drawdown Comparison
The maximum BKCG.L drawdown since its inception was -82.56%, which is greater than XMHQ's maximum drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for BKCG.L and XMHQ. For additional features, visit the drawdowns tool.
Volatility
BKCG.L vs. XMHQ - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a higher volatility of 20.61% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 4.34%. This indicates that BKCG.L's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.