BKCN.L vs. XRPI
BKCN.L (WisdomTree Blockchain UCITS ETF USD Accumulating) and XRPI (Volatility Shares XRP ETF) are both Cryptocurrency funds. BKCN.L is passively managed, while XRPI is actively managed. Over the past year, BKCN.L returned 29.91% vs -53.29% for XRPI. At a 0.48 correlation, their price movements are largely independent. BKCN.L charges 0.45%/yr vs 0.94%/yr for XRPI.
Performance
BKCN.L vs. XRPI - Performance Comparison
Loading charts...
Different Trading Currencies
BKCN.L is traded in GBp, while XRPI is traded in USD. To make them comparable, the XRPI 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 14.17% return, which is significantly higher than XRPI's -37.38% return.
BKCN.L
- 1D
- -1.57%
- 1M
- 4.57%
- YTD
- 14.17%
- 6M
- -0.03%
- 1Y
- 29.91%
- 3Y*
- 45.58%
- 5Y*
- —
- 10Y*
- —
XRPI
- 1D
- -2.34%
- 1M
- -16.59%
- YTD
- -37.38%
- 6M
- -46.66%
- 1Y
- -53.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKCN.L vs. XRPI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BKCN.L WisdomTree Blockchain UCITS ETF USD Accumulating | 14.17% | 13.19% |
XRPI Volatility Shares XRP ETF | -37.38% | -32.71% |
Correlation
The correlation between BKCN.L and XRPI is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since May 23, 2025 | 0.48 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BKCN.L vs. XRPI — Risk / Return Rank
BKCN.L
XRPI
BKCN.L vs. XRPI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Blockchain UCITS ETF USD Accumulating (BKCN.L) and Volatility Shares XRP ETF (XRPI). 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.
| BKCN.L | XRPI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.89 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | -0.76 | +1.32 |
| Martin ratioReturn relative to average drawdown | 0.91 | -1.16 | +2.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BKCN.L | XRPI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | -0.71 | +1.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.77 | +1.07 |
Drawdowns
BKCN.L vs. XRPI - Drawdown Comparison
The maximum BKCN.L drawdown since its inception was -53.26%, smaller than the maximum XRPI drawdown of -70.70%. Use the drawdown chart below to compare losses from any high point for BKCN.L and XRPI.
Loading charts...
Drawdown Indicators
| BKCN.L | XRPI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.26% | -70.70% | +17.44% |
Max Drawdown (1Y)Largest decline over 1 year | -52.69% | -70.70% | +18.01% |
Max Drawdown (3Y)Largest decline over 3 years | -52.69% | — | — |
Current DrawdownCurrent decline from peak | -37.13% | -70.70% | +33.57% |
Average DrawdownAverage peak-to-trough decline | -27.11% | -39.68% | +12.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.84% | 46.06% | -13.22% |
Volatility
BKCN.L vs. XRPI - Volatility Comparison
The current volatility for WisdomTree Blockchain UCITS ETF USD Accumulating (BKCN.L) is 11.76%, while Volatility Shares XRP ETF (XRPI) has a volatility of 14.05%. This indicates that BKCN.L experiences smaller price fluctuations and is considered to be less risky than XRPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BKCN.L | XRPI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.76% | 14.05% | -2.29% |
Volatility (6M)Calculated over the trailing 6-month period | 30.65% | 49.86% | -19.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.54% | 74.80% | -9.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.11% | 74.30% | -8.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.11% | 74.30% | -8.19% |
BKCN.L vs. XRPI - Expense Ratio Comparison
BKCN.L has a 0.45% expense ratio, which is lower than XRPI's 0.94% expense ratio.
Dividends
BKCN.L vs. XRPI - Dividend Comparison
BKCN.L has not paid dividends to shareholders, while XRPI's dividend yield for the trailing twelve months is around 3.80%.
| Position | TTM | 2025 |
|---|---|---|
BKCN.L WisdomTree Blockchain UCITS ETF USD Accumulating | 0.00% | 0.00% |
XRPI Volatility Shares XRP ETF | 3.80% | 1.54% |
Frequently Asked Questions
BKCN.L and XRPI have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BKCN.L is cheaper with a 0.45% expense ratio, compared with 0.94% for XRPI.
They also come from different issuers: WisdomTree and Volatility Shares. Their fees differ too: 0.45% for BKCN.L and 0.94% for XRPI.
Find the right allocation for BKCN.L and XRPI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer