BKCH vs. BRRR
Compare and contrast key facts about Global X Blockchain ETF (BKCH) and Valkyrie Bitcoin ETF (BRRR).
BKCH and BRRR 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. BRRR is a passively managed fund by Valkyrie Digital Assets that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKCH or BRRR.
Correlation
The correlation between BKCH and BRRR is 0.36, 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
BKCH vs. BRRR - Performance Comparison
Key characteristics
BKCH:
-0.15
BRRR:
0.80
BKCH:
0.33
BRRR:
1.43
BKCH:
1.04
BRRR:
1.17
BKCH:
-0.14
BRRR:
1.53
BKCH:
-0.42
BRRR:
3.37
BKCH:
26.89%
BRRR:
12.77%
BKCH:
76.63%
BRRR:
54.00%
BKCH:
-91.80%
BRRR:
-28.13%
BKCH:
-71.66%
BRRR:
-10.69%
Returns By Period
In the year-to-date period, BKCH achieves a -24.85% return, which is significantly lower than BRRR's 2.04% return.
BKCH
-24.85%
3.52%
-21.61%
-7.78%
N/A
N/A
BRRR
2.04%
10.30%
42.73%
47.16%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BKCH vs. BRRR - Expense Ratio Comparison
BKCH has a 0.50% expense ratio, which is higher than BRRR's 0.25% expense ratio.
Risk-Adjusted Performance
BKCH vs. BRRR — Risk-Adjusted Performance Rank
BKCH
BRRR
BKCH vs. BRRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and Valkyrie Bitcoin ETF (BRRR). 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
BKCH vs. BRRR - Dividend Comparison
BKCH's dividend yield for the trailing twelve months is around 10.13%, while BRRR has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
BKCH Global X Blockchain ETF | 10.13% | 7.61% | 2.33% | 1.30% | 4.28% |
BRRR Valkyrie Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BKCH vs. BRRR - Drawdown Comparison
The maximum BKCH drawdown since its inception was -91.80%, which is greater than BRRR's maximum drawdown of -28.13%. Use the drawdown chart below to compare losses from any high point for BKCH and BRRR. For additional features, visit the drawdowns tool.
Volatility
BKCH vs. BRRR - Volatility Comparison
Global X Blockchain ETF (BKCH) has a higher volatility of 26.50% compared to Valkyrie Bitcoin ETF (BRRR) at 16.26%. This indicates that BKCH's price experiences larger fluctuations and is considered to be riskier than BRRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.