PortfoliosLab logo
BKCH vs. BTC-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between BKCH and BTC-USD is 0.37, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

BKCH vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Blockchain ETF (BKCH) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
-51.78%
186.22%
BKCH
BTC-USD

Key characteristics

Sharpe Ratio

BKCH:

-0.15

BTC-USD:

2.03

Sortino Ratio

BKCH:

0.33

BTC-USD:

2.63

Omega Ratio

BKCH:

1.04

BTC-USD:

1.27

Calmar Ratio

BKCH:

-0.14

BTC-USD:

1.83

Martin Ratio

BKCH:

-0.42

BTC-USD:

9.11

Ulcer Index

BKCH:

26.89%

BTC-USD:

11.34%

Daily Std Dev

BKCH:

76.63%

BTC-USD:

42.81%

Max Drawdown

BKCH:

-91.80%

BTC-USD:

-93.07%

Current Drawdown

BKCH:

-71.66%

BTC-USD:

-11.50%

Returns By Period

In the year-to-date period, BKCH achieves a -24.85% return, which is significantly lower than BTC-USD's 0.55% return.


BKCH

YTD

-24.85%

1M

3.52%

6M

-21.61%

1Y

-7.78%

5Y*

N/A

10Y*

N/A

BTC-USD

YTD

0.55%

1M

8.10%

6M

40.97%

1Y

45.69%

5Y*

65.05%

10Y*

82.80%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

BKCH vs. BTC-USD — Risk-Adjusted Performance Rank

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

BKCH
The Risk-Adjusted Performance Rank of BKCH is 1818
Overall Rank
The Sharpe Ratio Rank of BKCH is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of BKCH is 2929
Sortino Ratio Rank
The Omega Ratio Rank of BKCH is 2525
Omega Ratio Rank
The Calmar Ratio Rank of BKCH is 1111
Calmar Ratio Rank
The Martin Ratio Rank of BKCH is 1212
Martin Ratio Rank

BTC-USD
The Risk-Adjusted Performance Rank of BTC-USD is 9191
Overall Rank
The Sharpe Ratio Rank of BTC-USD is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BTC-USD is 8686
Sortino Ratio Rank
The Omega Ratio Rank of BTC-USD is 8888
Omega Ratio Rank
The Calmar Ratio Rank of BTC-USD is 9494
Calmar Ratio Rank
The Martin Ratio Rank of BTC-USD is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BKCH vs. BTC-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and Bitcoin (BTC-USD). 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.


The chart of Sharpe ratio for BKCH, currently valued at -0.13, compared to the broader market-1.000.001.002.003.004.00
BKCH: -0.13
BTC-USD: 1.90
The chart of Sortino ratio for BKCH, currently valued at 0.38, compared to the broader market-2.000.002.004.006.008.00
BKCH: 0.38
BTC-USD: 2.52
The chart of Omega ratio for BKCH, currently valued at 1.04, compared to the broader market0.501.001.502.002.50
BKCH: 1.04
BTC-USD: 1.26
The chart of Calmar ratio for BKCH, currently valued at -0.14, compared to the broader market0.002.004.006.008.0010.0012.00
BKCH: -0.14
BTC-USD: 1.68
The chart of Martin ratio for BKCH, currently valued at -0.37, compared to the broader market0.0020.0040.0060.00
BKCH: -0.37
BTC-USD: 8.51

The current BKCH Sharpe Ratio is -0.15, which is lower than the BTC-USD Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of BKCH and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
-0.13
1.90
BKCH
BTC-USD

Drawdowns

BKCH vs. BTC-USD - Drawdown Comparison

The maximum BKCH drawdown since its inception was -91.80%, roughly equal to the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for BKCH and BTC-USD. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-71.66%
-11.50%
BKCH
BTC-USD

Volatility

BKCH vs. BTC-USD - Volatility Comparison

Global X Blockchain ETF (BKCH) has a higher volatility of 26.31% compared to Bitcoin (BTC-USD) at 16.24%. This indicates that BKCH's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
26.31%
16.24%
BKCH
BTC-USD