BKCH vs. COIN
Compare and contrast key facts about Global X Blockchain ETF (BKCH) and Coinbase Global, Inc. (COIN).
BKCH is an actively managed fund by Global X. It was launched on Jul 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKCH or COIN.
Performance
BKCH vs. COIN - Performance Comparison
Returns By Period
In the year-to-date period, BKCH achieves a 41.57% return, which is significantly lower than COIN's 69.75% return.
BKCH
41.57%
18.54%
49.12%
140.95%
N/A
N/A
COIN
69.75%
40.11%
34.89%
170.23%
N/A
N/A
Key characteristics
| BKCH | COIN | |
|---|---|---|
| Sharpe Ratio | 1.83 | 2.08 |
| Sortino Ratio | 2.53 | 2.77 |
| Omega Ratio | 1.29 | 1.31 |
| Calmar Ratio | 1.83 | 2.59 |
| Martin Ratio | 6.68 | 7.80 |
| Ulcer Index | 22.32% | 23.07% |
| Daily Std Dev | 81.61% | 86.59% |
| Max Drawdown | -91.80% | -90.90% |
| Current Drawdown | -55.07% | -17.39% |
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Correlation
The correlation between BKCH and COIN is 0.85, 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.
Risk-Adjusted Performance
BKCH vs. COIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and Coinbase Global, Inc. (COIN). 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. COIN - Dividend Comparison
BKCH's dividend yield for the trailing twelve months is around 1.58%, while COIN has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BKCH Global X Blockchain ETF | 1.58% | 2.33% | 1.30% | 4.28% |
COIN Coinbase Global, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BKCH vs. COIN - Drawdown Comparison
The maximum BKCH drawdown since its inception was -91.80%, roughly equal to the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for BKCH and COIN. For additional features, visit the drawdowns tool.
Volatility
BKCH vs. COIN - Volatility Comparison
The current volatility for Global X Blockchain ETF (BKCH) is 30.62%, while Coinbase Global, Inc. (COIN) has a volatility of 42.50%. This indicates that BKCH experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.