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BKCH vs. CRPT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKCH and CRPT is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

BKCH vs. CRPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Blockchain ETF (BKCH) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BKCH:

0.27

CRPT:

0.91

Sortino Ratio

BKCH:

0.82

CRPT:

1.62

Omega Ratio

BKCH:

1.09

CRPT:

1.18

Calmar Ratio

BKCH:

0.17

CRPT:

0.98

Martin Ratio

BKCH:

0.47

CRPT:

2.59

Ulcer Index

BKCH:

28.49%

CRPT:

23.74%

Daily Std Dev

BKCH:

76.25%

CRPT:

75.53%

Max Drawdown

BKCH:

-91.80%

CRPT:

-88.34%

Current Drawdown

BKCH:

-67.18%

CRPT:

-29.62%

Returns By Period

In the year-to-date period, BKCH achieves a -12.96% return, which is significantly lower than CRPT's 9.70% return.


BKCH

YTD

-12.96%

1M

34.31%

6M

-33.66%

1Y

20.50%

5Y*

N/A

10Y*

N/A

CRPT

YTD

9.70%

1M

45.17%

6M

-11.32%

1Y

68.44%

5Y*

N/A

10Y*

N/A

*Annualized

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BKCH vs. CRPT - Expense Ratio Comparison

BKCH has a 0.50% expense ratio, which is lower than CRPT's 0.85% expense ratio.


Risk-Adjusted Performance

BKCH vs. CRPT — 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 3232
Overall Rank
The Sharpe Ratio Rank of BKCH is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of BKCH is 4747
Sortino Ratio Rank
The Omega Ratio Rank of BKCH is 3838
Omega Ratio Rank
The Calmar Ratio Rank of BKCH is 2525
Calmar Ratio Rank
The Martin Ratio Rank of BKCH is 2121
Martin Ratio Rank

CRPT
The Risk-Adjusted Performance Rank of CRPT is 7676
Overall Rank
The Sharpe Ratio Rank of CRPT is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of CRPT is 8383
Sortino Ratio Rank
The Omega Ratio Rank of CRPT is 7575
Omega Ratio Rank
The Calmar Ratio Rank of CRPT is 7979
Calmar Ratio Rank
The Martin Ratio Rank of CRPT is 6565
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. CRPT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). 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 current BKCH Sharpe Ratio is 0.27, which is lower than the CRPT Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of BKCH and CRPT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BKCH vs. CRPT - Dividend Comparison

BKCH's dividend yield for the trailing twelve months is around 8.75%, more than CRPT's 1.68% yield.


TTM2024202320222021
BKCH
Global X Blockchain ETF
8.75%7.61%2.33%1.30%4.28%
CRPT
First Trust SkyBridge Crypto Industry & Digital Economy ETF
1.68%1.84%0.00%0.03%1.16%

Drawdowns

BKCH vs. CRPT - Drawdown Comparison

The maximum BKCH drawdown since its inception was -91.80%, roughly equal to the maximum CRPT drawdown of -88.34%. Use the drawdown chart below to compare losses from any high point for BKCH and CRPT. For additional features, visit the drawdowns tool.


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Volatility

BKCH vs. CRPT - Volatility Comparison

Global X Blockchain ETF (BKCH) has a higher volatility of 16.54% compared to First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) at 14.09%. This indicates that BKCH's price experiences larger fluctuations and is considered to be riskier than CRPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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