BLCH.DE vs. VWCE.DE
BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) and VWCE.DE (Vanguard FTSE All-World UCITS ETF) are both exchange-traded funds - BLCH.DE is a Technology Equities fund tracking the Solactive Blockchain, while VWCE.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 3 years, BLCH.DE returned 56.84%/yr vs 17.02%/yr for VWCE.DE. At a 0.50 correlation, their price movements are largely independent. BLCH.DE charges 0.50%/yr vs 0.19%/yr for VWCE.DE.
Performance
BLCH.DE vs. VWCE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BLCH.DE achieves a 29.21% return, which is significantly higher than VWCE.DE's 11.72% return.
BLCH.DE
- 1D
- 1.72%
- 1M
- 2.09%
- YTD
- 29.21%
- 6M
- 14.33%
- 1Y
- 95.64%
- 3Y*
- 56.84%
- 5Y*
- —
- 10Y*
- —
VWCE.DE
- 1D
- 1.82%
- 1M
- 1.89%
- YTD
- 11.72%
- 6M
- 13.39%
- 1Y
- 26.35%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- —
BLCH.DE vs. VWCE.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% |
VWCE.DE Vanguard FTSE All-World UCITS ETF | 11.72% | 9.16% | 24.41% | 18.18% | -5.54% |
Correlation
The correlation between BLCH.DE and VWCE.DE 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 (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2022 | 0.50 |
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
BLCH.DE vs. VWCE.DE — Risk / Return Rank
BLCH.DE
VWCE.DE
BLCH.DE vs. VWCE.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 Vanguard FTSE All-World UCITS ETF (VWCE.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 | VWCE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.41 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 3.92 | -2.25 |
| Martin ratioReturn relative to average drawdown | 3.03 | 16.07 | -13.04 |
Loading charts...
Drawdowns
BLCH.DE vs. VWCE.DE - Drawdown Comparison
The maximum BLCH.DE drawdown since its inception was -83.28%, which is greater than VWCE.DE's maximum drawdown of -33.43%. Use the drawdown chart below to compare losses from any high point for BLCH.DE and VWCE.DE.
Loading charts...
Drawdown Indicators
| BLCH.DE | VWCE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.28% | -33.43% | -49.85% |
Max Drawdown (1Y)Largest decline over 1 year | -54.26% | -6.55% | -47.71% |
Max Drawdown (3Y)Largest decline over 3 years | -60.06% | -21.07% | -38.99% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.07% | — |
Current DrawdownCurrent decline from peak | -27.11% | -1.47% | -25.64% |
Average DrawdownAverage peak-to-trough decline | -43.92% | -4.68% | -39.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.73% | 1.60% | +28.13% |
Volatility
BLCH.DE vs. VWCE.DE - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a higher volatility of 24.26% compared to Vanguard FTSE All-World UCITS ETF (VWCE.DE) at 3.40%. This indicates that BLCH.DE's price experiences larger fluctuations and is considered to be riskier than VWCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BLCH.DE | VWCE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.26% | 3.40% | +20.86% |
Volatility (6M)Calculated over the trailing 6-month period | 55.06% | 8.51% | +46.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.71% | 11.63% | +63.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.55% | 13.79% | +62.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 76.55% | 16.16% | +60.39% |
BLCH.DE vs. VWCE.DE - Expense Ratio Comparison
BLCH.DE has a 0.50% expense ratio, which is higher than VWCE.DE's 0.19% expense ratio.
Dividends
BLCH.DE vs. VWCE.DE - Dividend Comparison
Neither BLCH.DE nor VWCE.DE has paid dividends to shareholders.
Frequently Asked Questions
BLCH.DE and VWCE.DE 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, VWCE.DE is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCE.DE is cheaper with a 0.19% expense ratio, compared with 0.50% for BLCH.DE.
BLCH.DE is categorized as Technology Equities, while VWCE.DE is Global Equities. BLCH.DE tracks Solactive Blockchain, while VWCE.DE tracks FTSE All-World Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.50% for BLCH.DE and 0.19% for VWCE.DE.
Find the right allocation for BLCH.DE and VWCE.DE
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