BLCN vs. AFOS
BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) and AFOS (ARS Focused Opportunities Strategy ETF) are both Large Cap Blend Equities funds. Over the past year, BLCN returned 18.72% vs 83.17% for AFOS. A 0.52 correlation means they provide meaningful diversification when combined. BLCN charges 0.68%/yr vs 0.45%/yr for AFOS.
Performance
BLCN vs. AFOS - Performance Comparison
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Returns By Period
In the year-to-date period, BLCN achieves a 8.09% return, which is significantly lower than AFOS's 33.60% return.
BLCN
- 1D
- 0.79%
- 1M
- -1.57%
- YTD
- 8.09%
- 6M
- 5.66%
- 1Y
- 18.72%
- 3Y*
- 8.76%
- 5Y*
- -10.30%
- 10Y*
- —
AFOS
- 1D
- 2.47%
- 1M
- 3.16%
- YTD
- 33.60%
- 6M
- 31.56%
- 1Y
- 83.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BLCN vs. AFOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF | 8.09% | 9.83% |
AFOS ARS Focused Opportunities Strategy ETF | 33.60% | 37.10% |
Correlation
The correlation between BLCN and AFOS is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.52 |
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Return for Risk
BLCN vs. AFOS — Risk / Return Rank
BLCN
AFOS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BLCN vs. AFOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and ARS Focused Opportunities Strategy ETF (AFOS). 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.
| BLCN | AFOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | — | — |
| Martin ratioReturn relative to average drawdown | 1.34 | — | — |
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Drawdowns
BLCN vs. AFOS - Drawdown Comparison
The maximum BLCN drawdown since its inception was -67.51%, which is greater than AFOS's maximum drawdown of -11.52%. Use the drawdown chart below to compare losses from any high point for BLCN and AFOS.
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Drawdown Indicators
| BLCN | AFOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.51% | -11.52% | -55.99% |
Max Drawdown (1Y)Largest decline over 1 year | -29.53% | -11.52% | -18.01% |
Max Drawdown (3Y)Largest decline over 3 years | -45.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -67.51% | — | — |
Current DrawdownCurrent decline from peak | -47.54% | -2.33% | -45.21% |
Average DrawdownAverage peak-to-trough decline | -30.40% | -1.43% | -28.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.00% | — | — |
Volatility
BLCN vs. AFOS - Volatility Comparison
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Volatility by Period
| BLCN | AFOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.33% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 27.23% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 36.66% | 21.58% | +15.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.22% | 21.58% | +13.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.31% | 21.58% | +9.73% |
BLCN vs. AFOS - Expense Ratio Comparison
BLCN has a 0.68% expense ratio, which is higher than AFOS's 0.45% expense ratio.
Dividends
BLCN vs. AFOS - Dividend Comparison
BLCN's dividend yield for the trailing twelve months is around 2.67%, more than AFOS's 0.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
AFOS ARS Focused Opportunities Strategy ETF | 0.22% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF | 2.67% | 3.01% | 0.67% | 0.54% | 1.28% | 0.56% | 0.58% | 1.45% | 1.16% |
Frequently Asked Questions
BLCN and AFOS have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, AFOS leads with 83.17% vs 18.72% for BLCN. On fees, AFOS is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AFOS has performed better with a 83.17% return vs 18.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AFOS is cheaper with a 0.45% expense ratio, compared with 0.68% for BLCN.
BLCN has the higher dividend yield at 2.67%, compared with 0.22% for AFOS.
They also come from different issuers: SRN Advisors and ARS Investment Partners. Their fees differ too: 0.68% for BLCN and 0.45% for AFOS.
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