BKCH vs. BLOK
Compare and contrast key facts about Global X Blockchain ETF (BKCH) and Amplify Transformational Data Sharing ETF (BLOK).
BKCH and BLOK 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. BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKCH or BLOK.
Key characteristics
| BKCH | BLOK | |
|---|---|---|
| YTD Return | 102.17% | 35.91% |
| 1Y Return | -19.64% | -10.50% |
| 5Y Return (Ann) | -47.45% | 3.88% |
| 10Y Return (Ann) | -47.45% | 3.77% |
| Sharpe Ratio | -0.21 | -0.18 |
| Daily Std Dev | 77.84% | 43.03% |
| Max Drawdown | -91.80% | -73.33% |
Correlation
The correlation between BKCH and BLOK is 0.96, 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.
BKCH vs. BLOK - Performance Comparison
In the year-to-date period, BKCH achieves a 102.17% return, which is significantly higher than BLOK's 35.91% return. Over the past 10 years, BKCH has underperformed BLOK with an annualized return of -47.45%, while BLOK has yielded a comparatively higher 3.77% annualized 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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BKCH vs. BLOK - Dividend Comparison
BKCH's dividend yield for the trailing twelve months is around 0.64%, while BLOK has not paid dividends to shareholders.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
BKCH Global X Blockchain ETF | 0.64% | 1.29% | 4.32% | 0.00% | 0.00% | 0.00% |
BLOK Amplify Transformational Data Sharing ETF | 0.00% | 0.00% | 14.31% | 2.14% | 2.39% | 1.54% |
BKCH vs. BLOK - Expense Ratio Comparison
BKCH vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and Amplify Transformational Data Sharing ETF (BLOK). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BKCH Global X Blockchain ETF | -0.21 | ||||
BLOK Amplify Transformational Data Sharing ETF | -0.18 |
BKCH vs. BLOK - Drawdown Comparison
The maximum BKCH drawdown for the period was -91.80%, roughly equal to the maximum BLOK drawdown of -73.33%. The drawdown chart below compares losses from any high point along the way for BKCH and BLOK
BKCH vs. BLOK - Volatility Comparison
Global X Blockchain ETF (BKCH) has a higher volatility of 16.65% compared to Amplify Transformational Data Sharing ETF (BLOK) at 9.13%. This indicates that BKCH's price experiences larger fluctuations and is considered to be riskier than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.