BKCN.L vs. DAGB.L

Last updated Jul 18, 2026

BKCN.L (WisdomTree Blockchain UCITS ETF USD Accumulating) and DAGB.L (VanEck Digital Assets Equity UCITS ETF A USD Acc) are both exchange-traded funds - BKCN.L is a Cryptocurrency fund tracking the WisdomTree Blockchain UCITS Index, while DAGB.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, BKCN.L returned 21.80%/yr vs 23.47%/yr for DAGB.L. Their correlation of 0.93 suggests significant overlap in exposure. BKCN.L charges 0.45%/yr vs 0.65%/yr for DAGB.L.

Performance

BKCN.L vs. DAGB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in WisdomTree Blockchain UCITS ETF USD Accumulating (BKCN.L) and VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BKCN.L is traded in GBp, while DAGB.L is traded in GBP. To make them comparable, the DAGB.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, BKCN.L achieves a -1.69% return, which is significantly lower than DAGB.L's 0.80% return.

BKCN.L

• 1D: 0.00%
• 1M: -16.35%
• 6M: -17.64%
• YTD: -1.69%
• 1Y: -7.04%
• 3Y*: 21.80%
• 5Y*: —
• 10Y*: —

DAGB.L

• 1D: -4.96%
• 1M: -23.52%
• 6M: -19.91%
• YTD: 0.80%
• 1Y: -10.65%
• 3Y*: 23.47%
• 5Y*: -3.13%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BKCN.L vs. DAGB.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BKCN.L WisdomTree Blockchain UCITS ETF USD Accumulating	-1.69%	9.09%	32.16%	142.21%	-55.07%
DAGB.L VanEck Digital Assets Equity UCITS ETF A USD Acc	0.80%	2.70%	31.12%	326.16%	-55.76%

Correlation

The correlation between BKCN.L and DAGB.L is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Sep 7, 2022	0.93

The correlation between BKCN.L and DAGB.L has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

BKCN.L vs. DAGB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKCN.L

BKCN.L Risk / Return Rank: 10
BKCN.L Sharpe Ratio Rank: 9
BKCN.L Sortino Ratio Rank: 12
BKCN.L Omega Ratio Rank: 12
BKCN.L Calmar Ratio Rank: 9
BKCN.L Martin Ratio Rank: 9

DAGB.L

DAGB.L Risk / Return Rank: 8
DAGB.L Sharpe Ratio Rank: 8
DAGB.L Sortino Ratio Rank: 10
DAGB.L Omega Ratio Rank: 10
DAGB.L Calmar Ratio Rank: 7
DAGB.L Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BKCN.L vs. DAGB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Blockchain UCITS ETF USD Accumulating (BKCN.L) and VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BKCN.L	DAGB.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	-0.18	+0.07
Sortino ratio: Return per unit of downside risk	0.34	0.16	+0.18
Omega ratio: Gain probability vs. loss probability	1.04	1.02	+0.03
Calmar ratio: Return relative to maximum drawdown	-0.13	-0.23	+0.10
Martin ratio: Return relative to average drawdown	-0.20	-0.39	+0.20

BKCN.L vs. DAGB.L - Sharpe Ratio Comparison

The current BKCN.L Sharpe Ratio is -0.11, which is higher than the DAGB.L Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of BKCN.L and DAGB.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BKCN.L vs. DAGB.L - Drawdown Comparison

The maximum BKCN.L drawdown since its inception was -62.33%, smaller than the maximum DAGB.L drawdown of -91.23%. Use the drawdown chart below to compare losses from any high point for BKCN.L and DAGB.L.

Drawdown Indicators

	BKCN.L	DAGB.L	Difference
Max Drawdown Largest peak-to-trough decline	-62.33%	-91.23%	+28.90%
Max Drawdown (1Y) Largest decline over 1 year	-52.69%	-45.63%	-7.06%
Max Drawdown (3Y) Largest decline over 3 years	-52.69%	-58.48%	+5.79%
Max Drawdown (5Y) Largest decline over 5 years	—	-91.23%	—
Current Drawdown Current decline from peak	-45.86%	-48.16%	+2.30%
Average Drawdown Average peak-to-trough decline	-29.63%	-57.09%	+27.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.66%	26.93%	+8.73%

Volatility

BKCN.L vs. DAGB.L - Volatility Comparison

The current volatility for WisdomTree Blockchain UCITS ETF USD Accumulating (BKCN.L) is 11.93%, while VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) has a volatility of 13.35%. This indicates that BKCN.L experiences smaller price fluctuations and is considered to be less risky than DAGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKCN.L	DAGB.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.93%	13.35%	-1.42%
Volatility (6M) Calculated over the trailing 6-month period	31.82%	40.16%	-8.34%
Volatility (1Y) Calculated over the trailing 1-year period	66.77%	59.81%	+6.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.06%	71.93%	-7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.06%	71.35%	-7.29%

BKCN.L vs. DAGB.L - Expense Ratio Comparison

BKCN.L has a 0.45% expense ratio, which is lower than DAGB.L's 0.65% expense ratio.

Dividends

BKCN.L vs. DAGB.L - Dividend Comparison

Neither BKCN.L nor DAGB.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BKCN.L and DAGB.L in my portfolio?

With a correlation of 0.95, BKCN.L and DAGB.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BKCN.L or DAGB.L?

On fees, BKCN.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BKCN.L or DAGB.L?

BKCN.L is cheaper with a 0.45% expense ratio, compared with 0.65% for DAGB.L.

What is the main difference between BKCN.L and DAGB.L?

BKCN.L is categorized as Cryptocurrency, while DAGB.L is Technology Equities. BKCN.L tracks WisdomTree Blockchain UCITS Index, while DAGB.L tracks MSCI World/Information Tech NR USD. They also come from different issuers: WisdomTree and VanEck. Their fees differ too: 0.45% for BKCN.L and 0.65% for DAGB.L.