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BLCN vs. BLOK

Last updated May 27, 2023

Compare and contrast key facts about Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and Amplify Transformational Data Sharing ETF (BLOK).

BLCN and BLOK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLCN is a passively managed fund by SRN Advisors that tracks the performance of the Siren NASDAQ Blockchain Economy Index. It was launched on Jan 17, 2018. BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLCN or BLOK.

Key characteristics


BLCNBLOK
YTD Return2.48%30.22%
1Y Return-28.74%-11.07%
5Y Return (Ann)-1.29%3.15%
10Y Return (Ann)-1.92%2.96%
Sharpe Ratio-0.84-0.21
Daily Std Dev32.47%43.23%
Max Drawdown-61.88%-73.33%

Correlation

0.85
-1.001.00

The correlation between BLCN and BLOK is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

BLCN vs. BLOK - Performance Comparison

In the year-to-date period, BLCN achieves a 2.48% return, which is significantly lower than BLOK's 30.22% return. Over the past 10 years, BLCN has underperformed BLOK with an annualized return of -1.92%, while BLOK has yielded a comparatively higher 2.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%December2023FebruaryMarchAprilMay
-9.84%
16.90%
BLCN
BLOK

Compare stocks, funds, or ETFs


BLCN vs. BLOK - Dividend Comparison

BLCN's dividend yield for the trailing twelve months is around 1.34%, while BLOK has not paid dividends to shareholders.


TTM20222021202020192018
BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
1.34%1.28%0.57%0.59%1.48%1.21%
BLOK
Amplify Transformational Data Sharing ETF
0.00%0.00%14.31%2.14%2.39%1.54%

BLCN vs. BLOK - Expense Ratio Comparison

BLCN has a 0.68% expense ratio, which is lower than BLOK's 0.71% expense ratio.

BLCN vs. BLOK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and Amplify Transformational Data Sharing ETF (BLOK). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
-0.84
BLOK
Amplify Transformational Data Sharing ETF
-0.21

BLCN vs. BLOK - Sharpe Ratio Comparison

The current BLCN Sharpe Ratio is -0.84, which is lower than the BLOK Sharpe Ratio of -0.21. The chart below compares the 12-month rolling Sharpe Ratio of BLCN and BLOK.


-1.50-1.00-0.500.00December2023FebruaryMarchAprilMay
-0.84
-0.21
BLCN
BLOK

BLCN vs. BLOK - Drawdown Comparison

The maximum BLCN drawdown for the period was -61.88%, roughly equal to the maximum BLOK drawdown of -73.33%. The drawdown chart below compares losses from any high point along the way for BLCN and BLOK


-70.00%-65.00%-60.00%-55.00%December2023FebruaryMarchAprilMay
-59.62%
-64.28%
BLCN
BLOK

BLCN vs. BLOK - Volatility Comparison

The current volatility for Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) is 8.95%, while Amplify Transformational Data Sharing ETF (BLOK) has a volatility of 9.73%. This indicates that BLCN experiences smaller price fluctuations and is considered to be less risky than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%December2023FebruaryMarchAprilMay
8.95%
9.73%
BLCN
BLOK