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

Correlation

The correlation between BKCH and GBTC is 0.80, 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.


Performance

BKCH vs. GBTC - Performance Comparison

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

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Key characteristics

Daily Std Dev

BKCH:

38.88%

GBTC:

33.38%

Max Drawdown

BKCH:

0.00%

GBTC:

0.00%

Current Drawdown

BKCH:

0.00%

GBTC:

0.00%

Returns By Period


BKCH

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

GBTC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

BKCH vs. GBTC — 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 3030
Overall Rank
The Sharpe Ratio Rank of BKCH is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of BKCH is 4646
Sortino Ratio Rank
The Omega Ratio Rank of BKCH is 3939
Omega Ratio Rank
The Calmar Ratio Rank of BKCH is 2222
Calmar Ratio Rank
The Martin Ratio Rank of BKCH is 2121
Martin Ratio Rank

GBTC
The Risk-Adjusted Performance Rank of GBTC is 7979
Overall Rank
The Sharpe Ratio Rank of GBTC is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of GBTC is 7676
Sortino Ratio Rank
The Omega Ratio Rank of GBTC is 7272
Omega Ratio Rank
The Calmar Ratio Rank of GBTC is 8888
Calmar Ratio Rank
The Martin Ratio Rank of GBTC is 7878
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. GBTC - Risk-Adjusted Performance Comparison

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



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Dividends

BKCH vs. GBTC - Dividend Comparison

Neither BKCH nor GBTC has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

BKCH vs. GBTC - Drawdown Comparison

The maximum BKCH drawdown since its inception was 0.00%, which is greater than GBTC's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BKCH and GBTC. For additional features, visit the drawdowns tool.


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Volatility

BKCH vs. GBTC - Volatility Comparison


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