BKCG.L vs. XMMO
Compare and contrast key facts about Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) and Invesco S&P MidCap Momentum ETF (XMMO).
BKCG.L and XMMO 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. XMMO is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Mar 3, 2005. Both BKCG.L and XMMO 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 XMMO.
Key characteristics
BKCG.L | XMMO | |
---|---|---|
YTD Return | -19.61% | 28.92% |
1Y Return | 78.32% | 56.78% |
Sharpe Ratio | 0.91 | 3.32 |
Daily Std Dev | 79.03% | 17.49% |
Max Drawdown | -82.56% | -55.37% |
Current Drawdown | -41.36% | -1.58% |
Correlation
The correlation between BKCG.L and XMMO is 0.33, 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. XMMO - Performance Comparison
In the year-to-date period, BKCG.L achieves a -19.61% return, which is significantly lower than XMMO's 28.92% 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. XMMO - Expense Ratio Comparison
BKCG.L has a 0.50% expense ratio, which is higher than XMMO's 0.33% expense ratio.
Risk-Adjusted Performance
BKCG.L vs. XMMO - 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 Momentum ETF (XMMO). 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. XMMO - Dividend Comparison
BKCG.L has not paid dividends to shareholders, while XMMO's dividend yield for the trailing twelve months is around 0.44%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Invesco S&P MidCap Momentum ETF | 0.44% | 0.80% | 1.43% | 0.41% | 0.61% | 0.60% | 0.19% | 0.21% | 0.22% | 0.64% | 1.24% | 1.30% |
Drawdowns
BKCG.L vs. XMMO - Drawdown Comparison
The maximum BKCG.L drawdown since its inception was -82.56%, which is greater than XMMO's maximum drawdown of -55.37%. Use the drawdown chart below to compare losses from any high point for BKCG.L and XMMO. For additional features, visit the drawdowns tool.
Volatility
BKCG.L vs. XMMO - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a higher volatility of 20.61% compared to Invesco S&P MidCap Momentum ETF (XMMO) at 4.91%. This indicates that BKCG.L's price experiences larger fluctuations and is considered to be riskier than XMMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.