BLCH.DE vs. AKWA.DE
BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) and AKWA.DE (Global X Clean Water UCITS ETF) are both exchange-traded funds - BLCH.DE is a Technology Equities fund tracking the Solactive Blockchain, while AKWA.DE is a Water Equities fund tracking the Solactive Global Clean Water Industry. Both are passively managed. Over the past 3 years, BLCH.DE returned 56.73%/yr vs 7.49%/yr for AKWA.DE. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
BLCH.DE vs. AKWA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BLCH.DE achieves a 32.88% return, which is significantly higher than AKWA.DE's -0.44% return.
BLCH.DE
- 1D
- -4.18%
- 1M
- -0.70%
- YTD
- 32.88%
- 6M
- 14.42%
- 1Y
- 94.65%
- 3Y*
- 56.73%
- 5Y*
- —
- 10Y*
- —
AKWA.DE
- 1D
- -0.50%
- 1M
- -2.56%
- YTD
- -0.44%
- 6M
- -2.47%
- 1Y
- -0.28%
- 3Y*
- 7.49%
- 5Y*
- —
- 10Y*
- —
BLCH.DE vs. AKWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BLCH.DE Global X Blockchain UCITS ETF USD Accumulating | 32.88% | 20.01% | 12.63% | 318.01% | -78.59% |
AKWA.DE Global X Clean Water UCITS ETF | -0.44% | 0.80% | 12.17% | 20.84% | -3.64% |
Correlation
The correlation between BLCH.DE and AKWA.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.31 |
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Return for Risk
BLCH.DE vs. AKWA.DE — Risk / Return Rank
BLCH.DE
AKWA.DE
BLCH.DE vs. AKWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) and Global X Clean Water UCITS ETF (AKWA.DE). 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.
| BLCH.DE | AKWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.50 | ||
| Sortino ratioReturn per unit of downside risk | +1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.01 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.05 | +1.88 |
| Martin ratioReturn relative to average drawdown | 3.38 | -0.11 | +3.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BLCH.DE | AKWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | -0.03 | +1.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.20 | -0.04 |
Drawdowns
BLCH.DE vs. AKWA.DE - Drawdown Comparison
The maximum BLCH.DE drawdown since its inception was -83.29%, which is greater than AKWA.DE's maximum drawdown of -23.07%. Use the drawdown chart below to compare losses from any high point for BLCH.DE and AKWA.DE.
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Drawdown Indicators
| BLCH.DE | AKWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.29% | -23.07% | -60.22% |
Max Drawdown (1Y)Largest decline over 1 year | -54.12% | -9.90% | -44.22% |
Max Drawdown (3Y)Largest decline over 3 years | -60.08% | -19.99% | -40.09% |
Current DrawdownCurrent decline from peak | -24.94% | -8.54% | -16.40% |
Average DrawdownAverage peak-to-trough decline | -44.08% | -7.60% | -36.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.42% | 4.12% | +25.30% |
Volatility
BLCH.DE vs. AKWA.DE - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a higher volatility of 16.11% compared to Global X Clean Water UCITS ETF (AKWA.DE) at 3.85%. This indicates that BLCH.DE's price experiences larger fluctuations and is considered to be riskier than AKWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLCH.DE | AKWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.11% | 3.85% | +12.26% |
Volatility (6M)Calculated over the trailing 6-month period | 46.03% | 10.07% | +35.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.91% | 13.59% | +54.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.21% | 16.02% | +58.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.21% | 16.02% | +58.19% |
BLCH.DE vs. AKWA.DE - Expense Ratio Comparison
Both BLCH.DE and AKWA.DE have an expense ratio of 0.50%.
Dividends
BLCH.DE vs. AKWA.DE - Dividend Comparison
Neither BLCH.DE nor AKWA.DE has paid dividends to shareholders.
Frequently Asked Questions
BLCH.DE and AKWA.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
BLCH.DE and AKWA.DE have the same expense ratio: 0.50% per year.
BLCH.DE is categorized as Technology Equities, while AKWA.DE is Water Equities. BLCH.DE tracks Solactive Blockchain, while AKWA.DE tracks Solactive Global Clean Water Industry.
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