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BKCH vs. NVDA

Last updated Jun 3, 2023

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


BKCHNVDA
YTD Return102.17%169.15%
1Y Return-19.64%100.92%
5Y Return (Ann)-47.45%43.90%
10Y Return (Ann)-47.45%61.01%
Sharpe Ratio-0.211.90
Daily Std Dev77.84%60.47%
Max Drawdown-91.80%-89.72%

Correlation

0.68
-1.001.00

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.


0.00%50.00%100.00%150.00%2023FebruaryMarchAprilMayJune
63.14%
136.79%
BKCH
NVDA

Compare stocks, funds, or ETFs


Global X Blockchain ETF

NVIDIA Corporation

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.


TTM20222021202020192018201720162015201420132012
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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BKCH
Global X Blockchain ETF
-0.21
NVDA
NVIDIA Corporation
1.90

BKCH vs. NVDA - Sharpe Ratio Comparison

The current BKCH Sharpe Ratio is -0.21, which is lower than the NVDA Sharpe Ratio of 1.90. The chart below compares the 12-month rolling Sharpe Ratio of BKCH and NVDA.


-1.000.001.002.002023FebruaryMarchAprilMayJune
-0.21
1.90
BKCH
NVDA

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


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%2023FebruaryMarchAprilMayJune
-82.52%
-1.95%
BKCH
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.


10.00%15.00%20.00%25.00%30.00%2023FebruaryMarchAprilMayJune
16.65%
24.82%
BKCH
NVDA