BKCH vs. BLKC

Last updated Apr 2, 2026

Compare and contrast key facts about Global X Blockchain ETF (BKCH) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC).

BKCH and BLKC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKCH is an actively managed fund by Global X. It was launched on Jul 12, 2021. BLKC is a passively managed fund by Invesco that tracks the performance of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index. It was launched on Oct 7, 2021.

Performance

BKCH vs. BLKC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Blockchain ETF (BKCH) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). The values are adjusted to include any dividend payments, if applicable.

BKCH vs. BLKC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BKCH Global X Blockchain ETF	-12.18%	27.14%	18.81%	267.06%	-85.10%	-11.41%
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	-12.03%	13.79%	46.83%	128.84%	-63.43%	-8.11%

Returns By Period

BKCH

• 1D: 0.47%
• 1M: -12.18%
• YTD: -12.18%
• 6M: -35.21%
• 1Y: 64.27%
• 3Y*: 41.26%
• 5Y*: —
• 10Y*: —

BLKC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BKCH vs. BLKC - Expense Ratio Comparison

BKCH has a 0.50% expense ratio, which is lower than BLKC's 0.60% expense ratio.

BLKC

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

BKCH

Global X Blockchain ETF

Return for Risk

BKCH vs. BLKC — Risk / Return Rank

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

BKCH

BKCH Risk / Return Rank: 46
BKCH Sharpe Ratio Rank: 46
BKCH Sortino Ratio Rank: 60
BKCH Omega Ratio Rank: 45
BKCH Calmar Ratio Rank: 48
BKCH Martin Ratio Rank: 31

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.

BKCH vs. BLKC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). 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.

	BKCH	BLKC	Difference
Sharpe ratio Return per unit of total volatility	0.90	—	—
Sortino ratio Return per unit of downside risk	1.59	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.30	—	—
Martin ratio Return relative to average drawdown	2.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BKCH	BLKC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	—	—

Correlation

The correlation between BKCH and BLKC is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BKCH vs. BLKC - Dividend Comparison

BKCH's dividend yield for the trailing twelve months is around 2.28%, less than BLKC's 4.39% yield.

	TTM	2025	2024	2023	2022	2021
BKCH Global X Blockchain ETF	2.28%	2.00%	7.61%	2.33%	1.29%	4.28%
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	4.39%	7.72%	19.66%	1.92%	5.40%	0.51%

Drawdowns

Drawdown Indicators

	BKCH	BLKC	Difference
Max Drawdown Largest peak-to-trough decline	-91.80%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-56.28%	—	—
Current Drawdown Current decline from peak	-57.90%	—	—
Average Drawdown Average peak-to-trough decline	-62.89%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	26.78%	—	—

Volatility

Volatility by Period

	BKCH	BLKC	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	56.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	72.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.94%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.94%	—	—