BLCH.DE vs. EQEU.DE
BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - BLCH.DE is a Technology Equities fund tracking the Solactive Blockchain, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 3 years, BLCH.DE returned 56.73%/yr vs 25.32%/yr for EQEU.DE. A 0.57 correlation means they provide meaningful diversification when combined. BLCH.DE charges 0.50%/yr vs 0.35%/yr for EQEU.DE.
Performance
BLCH.DE vs. EQEU.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 EQEU.DE's 17.47% return.
BLCH.DE
- 1D
- -4.18%
- 1M
- -0.70%
- YTD
- 32.88%
- 6M
- 14.42%
- 1Y
- 94.65%
- 3Y*
- 56.73%
- 5Y*
- —
- 10Y*
- —
EQEU.DE
- 1D
- -0.76%
- 1M
- 6.59%
- YTD
- 17.47%
- 6M
- 16.78%
- 1Y
- 35.29%
- 3Y*
- 25.32%
- 5Y*
- 14.74%
- 10Y*
- —
BLCH.DE vs. EQEU.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% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 17.47% | 18.24% | 24.15% | 51.95% | -25.48% |
Correlation
The correlation between BLCH.DE and EQEU.DE is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.57 |
The correlation between BLCH.DE and EQEU.DE has been stable across timeframes, ranging from 0.51 to 0.57 - a consistent structural relationship.
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Return for Risk
BLCH.DE vs. EQEU.DE — Risk / Return Rank
BLCH.DE
EQEU.DE
BLCH.DE vs. EQEU.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 Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.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 | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 3.02 | -1.18 |
| Martin ratioReturn relative to average drawdown | 3.38 | 10.63 | -7.25 |
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 | EQEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 2.27 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.86 | -0.71 |
Drawdowns
BLCH.DE vs. EQEU.DE - Drawdown Comparison
The maximum BLCH.DE drawdown since its inception was -83.29%, which is greater than EQEU.DE's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for BLCH.DE and EQEU.DE.
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Drawdown Indicators
| BLCH.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.29% | -37.97% | -45.32% |
Max Drawdown (1Y)Largest decline over 1 year | -54.12% | -12.02% | -42.10% |
Max Drawdown (3Y)Largest decline over 3 years | -60.08% | -22.08% | -38.00% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.97% | — |
Current DrawdownCurrent decline from peak | -24.94% | -0.89% | -24.05% |
Average DrawdownAverage peak-to-trough decline | -44.08% | -8.03% | -36.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.42% | 3.42% | +26.00% |
Volatility
BLCH.DE vs. EQEU.DE - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a higher volatility of 16.11% compared to Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) at 4.77%. This indicates that BLCH.DE's price experiences larger fluctuations and is considered to be riskier than EQEU.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 | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.11% | 4.77% | +11.34% |
Volatility (6M)Calculated over the trailing 6-month period | 46.03% | 11.98% | +34.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.91% | 15.97% | +51.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.21% | 20.79% | +53.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.21% | 21.03% | +53.18% |
BLCH.DE vs. EQEU.DE - Expense Ratio Comparison
BLCH.DE has a 0.50% expense ratio, which is higher than EQEU.DE's 0.35% expense ratio.
Dividends
BLCH.DE vs. EQEU.DE - Dividend Comparison
Neither BLCH.DE nor EQEU.DE has paid dividends to shareholders.
Frequently Asked Questions
BLCH.DE and EQEU.DE have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQEU.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQEU.DE is cheaper with a 0.35% expense ratio, compared with 0.50% for BLCH.DE.
BLCH.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. BLCH.DE tracks Solactive Blockchain, while EQEU.DE tracks NASDAQ-100 Notional Net Total Return Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.50% for BLCH.DE and 0.35% for EQEU.DE.
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