BLCH.DE vs. H3R0.DE
BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) and H3R0.DE (Global X Video Games & Esports UCITS ETF Acc USD) are both Technology Equities funds from Global X - BLCH.DE tracks the Solactive Blockchain while H3R0.DE tracks the Solactive Video Games & Esports. Both are passively managed. Over the past 3 years, BLCH.DE returned 56.73%/yr vs 5.22%/yr for H3R0.DE. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
BLCH.DE vs. H3R0.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 H3R0.DE's -13.47% return.
BLCH.DE
- 1D
- -4.18%
- 1M
- -0.70%
- YTD
- 32.88%
- 6M
- 14.42%
- 1Y
- 94.65%
- 3Y*
- 56.73%
- 5Y*
- —
- 10Y*
- —
H3R0.DE
- 1D
- -1.69%
- 1M
- -3.80%
- YTD
- -13.47%
- 6M
- -16.11%
- 1Y
- -16.89%
- 3Y*
- 5.22%
- 5Y*
- -4.14%
- 10Y*
- —
BLCH.DE vs. H3R0.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% |
H3R0.DE Global X Video Games & Esports UCITS ETF Acc USD | -13.47% | 10.28% | 26.09% | 2.50% | -23.97% |
Correlation
The correlation between BLCH.DE and H3R0.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.48 |
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Return for Risk
BLCH.DE vs. H3R0.DE — Risk / Return Rank
BLCH.DE
H3R0.DE
BLCH.DE vs. H3R0.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 Video Games & Esports UCITS ETF Acc USD (H3R0.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 | H3R0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.86 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | -0.68 | +2.51 |
| Martin ratioReturn relative to average drawdown | 3.38 | -1.24 | +4.62 |
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 | H3R0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | -0.93 | +2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.27 | +0.42 |
Drawdowns
BLCH.DE vs. H3R0.DE - Drawdown Comparison
The maximum BLCH.DE drawdown since its inception was -83.29%, which is greater than H3R0.DE's maximum drawdown of -48.09%. Use the drawdown chart below to compare losses from any high point for BLCH.DE and H3R0.DE.
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Drawdown Indicators
| BLCH.DE | H3R0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.29% | -48.09% | -35.20% |
Max Drawdown (1Y)Largest decline over 1 year | -54.12% | -24.56% | -29.56% |
Max Drawdown (3Y)Largest decline over 3 years | -60.08% | -24.56% | -35.52% |
Max Drawdown (5Y)Largest decline over 5 years | — | -42.07% | — |
Current DrawdownCurrent decline from peak | -24.94% | -31.81% | +6.87% |
Average DrawdownAverage peak-to-trough decline | -44.08% | -29.88% | -14.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.42% | 13.45% | +15.97% |
Volatility
BLCH.DE vs. H3R0.DE - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a higher volatility of 16.11% compared to Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) at 5.60%. This indicates that BLCH.DE's price experiences larger fluctuations and is considered to be riskier than H3R0.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 | H3R0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.11% | 5.60% | +10.51% |
Volatility (6M)Calculated over the trailing 6-month period | 46.03% | 14.15% | +31.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.91% | 18.00% | +49.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.21% | 20.38% | +53.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.21% | 20.59% | +53.62% |
BLCH.DE vs. H3R0.DE - Expense Ratio Comparison
Both BLCH.DE and H3R0.DE have an expense ratio of 0.50%.
Dividends
BLCH.DE vs. H3R0.DE - Dividend Comparison
Neither BLCH.DE nor H3R0.DE has paid dividends to shareholders.
Frequently Asked Questions
BLCH.DE and H3R0.DE have a correlation of 0.40, 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 H3R0.DE have the same expense ratio: 0.50% per year.
BLCH.DE tracks Solactive Blockchain, while H3R0.DE tracks Solactive Video Games & Esports.
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