BLCH.DE vs. IS0E.DE
BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) and IS0E.DE (iShares Gold Producers UCITS ETF) are both exchange-traded funds - BLCH.DE is a Technology Equities fund tracking the Solactive Blockchain, while IS0E.DE is a Gold fund tracking the S&P Commodity Producers Gold. Both are passively managed. Over the past 3 years, BLCH.DE returned 56.84%/yr vs 36.13%/yr for IS0E.DE. At a 0.17 correlation, their price movements are largely independent. BLCH.DE charges 0.50%/yr vs 0.55%/yr for IS0E.DE.
Performance
BLCH.DE vs. IS0E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, BLCH.DE achieves a 29.21% return, which is significantly higher than IS0E.DE's -7.03% return.
BLCH.DE
- 1D
- 1.72%
- 1M
- 2.09%
- YTD
- 29.21%
- 6M
- 14.33%
- 1Y
- 95.64%
- 3Y*
- 56.84%
- 5Y*
- —
- 10Y*
- —
IS0E.DE
- 1D
- 5.81%
- 1M
- -13.97%
- YTD
- -7.03%
- 6M
- -3.86%
- 1Y
- 46.28%
- 3Y*
- 36.13%
- 5Y*
- 18.25%
- 10Y*
- 12.85%
BLCH.DE vs. IS0E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BLCH.DE Global X Blockchain UCITS ETF USD Accumulating | 29.21% | 19.78% | 12.72% | 317.11% | -78.95% |
IS0E.DE iShares Gold Producers UCITS ETF | -7.03% | 129.59% | 18.76% | 6.25% | -1.82% |
Correlation
The correlation between BLCH.DE and IS0E.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2022 | 0.17 |
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Return for Risk
BLCH.DE vs. IS0E.DE — Risk / Return Rank
BLCH.DE
IS0E.DE
BLCH.DE vs. IS0E.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 iShares Gold Producers UCITS ETF (IS0E.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.
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.
| BLCH.DE | IS0E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.53 | +0.14 |
| Martin ratioReturn relative to average drawdown | 3.03 | 4.31 | -1.28 |
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Drawdowns
BLCH.DE vs. IS0E.DE - Drawdown Comparison
The maximum BLCH.DE drawdown since its inception was -83.28%, roughly equal to the maximum IS0E.DE drawdown of -82.14%. Use the drawdown chart below to compare losses from any high point for BLCH.DE and IS0E.DE.
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Drawdown Indicators
| BLCH.DE | IS0E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.28% | -82.14% | -1.14% |
Max Drawdown (1Y)Largest decline over 1 year | -54.26% | -32.80% | -21.46% |
Max Drawdown (3Y)Largest decline over 3 years | -60.06% | -32.80% | -27.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.61% | — |
Current DrawdownCurrent decline from peak | -27.11% | -28.30% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -43.92% | -54.08% | +10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.73% | 11.59% | +18.14% |
Volatility
BLCH.DE vs. IS0E.DE - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a higher volatility of 24.26% compared to iShares Gold Producers UCITS ETF (IS0E.DE) at 14.22%. This indicates that BLCH.DE's price experiences larger fluctuations and is considered to be riskier than IS0E.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 | IS0E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.26% | 14.22% | +10.04% |
Volatility (6M)Calculated over the trailing 6-month period | 55.06% | 34.38% | +20.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.71% | 42.45% | +32.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.55% | 32.47% | +44.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.55% | 32.12% | +44.43% |
BLCH.DE vs. IS0E.DE - Expense Ratio Comparison
BLCH.DE has a 0.50% expense ratio, which is lower than IS0E.DE's 0.55% expense ratio.
Dividends
BLCH.DE vs. IS0E.DE - Dividend Comparison
Neither BLCH.DE nor IS0E.DE has paid dividends to shareholders.
Frequently Asked Questions
BLCH.DE and IS0E.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BLCH.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BLCH.DE is cheaper with a 0.50% expense ratio, compared with 0.55% for IS0E.DE.
BLCH.DE is categorized as Technology Equities, while IS0E.DE is Gold. BLCH.DE tracks Solactive Blockchain, while IS0E.DE tracks S&P Commodity Producers Gold. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for BLCH.DE and 0.55% for IS0E.DE.
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