BKCH vs. NVDA
Compare and contrast key facts about Global X Blockchain ETF (BKCH) and NVIDIA Corporation (NVDA).
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 NVDA.
Key characteristics
| BKCH | NVDA | |
|---|---|---|
| YTD Return | 102.17% | 169.15% |
| 1Y Return | -19.64% | 100.92% |
| 5Y Return (Ann) | -47.45% | 43.90% |
| 10Y Return (Ann) | -47.45% | 61.01% |
| Sharpe Ratio | -0.21 | 1.90 |
| Daily Std Dev | 77.84% | 60.47% |
| Max Drawdown | -91.80% | -89.72% |
Correlation
The correlation between BKCH and NVDA is 0.68, 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.
BKCH vs. NVDA - Performance Comparison
In the year-to-date period, BKCH achieves a 102.17% return, which is significantly lower than NVDA's 169.15% return. Over the past 10 years, BKCH has underperformed NVDA with an annualized return of -47.45%, while NVDA has yielded a comparatively higher 61.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BKCH vs. NVDA - Dividend Comparison
BKCH's dividend yield for the trailing twelve months is around 0.64%, more than NVDA's 0.05% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKCH Global X Blockchain ETF | 0.64% | 1.29% | 4.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.05% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.23% | 1.77% | 2.06% | 0.66% |
BKCH vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain ETF (BKCH) and NVIDIA Corporation (NVDA). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BKCH Global X Blockchain ETF | -0.21 | ||||
NVDA NVIDIA Corporation | 1.90 |
BKCH vs. NVDA - Drawdown Comparison
The maximum BKCH drawdown for the period was -91.80%, lower than the maximum NVDA drawdown of -57.90%. The drawdown chart below compares losses from any high point along the way for BKCH and NVDA
BKCH vs. NVDA - Volatility Comparison
The current volatility for Global X Blockchain ETF (BKCH) is 16.65%, while NVIDIA Corporation (NVDA) has a volatility of 24.82%. This indicates that BKCH experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.