BLCN vs. BLOK
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
| BLCN | BLOK | |
|---|---|---|
| YTD Return | 13.77% | 59.06% |
| 1Y Return | 40.83% | 118.82% |
| 3Y Return (Ann) | -17.97% | -3.99% |
| 5Y Return (Ann) | 3.31% | 24.99% |
| Sharpe Ratio | 1.14 | 3.05 |
| Sortino Ratio | 1.75 | 3.67 |
| Omega Ratio | 1.20 | 1.43 |
| Calmar Ratio | 0.71 | 2.00 |
| Martin Ratio | 5.21 | 13.37 |
| Ulcer Index | 8.33% | 9.02% |
| Daily Std Dev | 38.24% | 39.57% |
| Max Drawdown | -64.38% | -73.33% |
| Current Drawdown | -45.71% | -12.91% |
Correlation
The correlation between BLCN and BLOK is 0.80, 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.
Performance
BLCN vs. BLOK - Performance Comparison
In the year-to-date period, BLCN achieves a 13.77% return, which is significantly lower than BLOK's 59.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BLCN vs. BLOK - Expense Ratio Comparison
BLCN has a 0.68% expense ratio, which is lower than BLOK's 0.71% expense ratio.
Risk-Adjusted Performance
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.
Dividends
BLCN vs. BLOK - Dividend Comparison
BLCN's dividend yield for the trailing twelve months is around 0.64%, less than BLOK's 0.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF | 0.64% | 0.54% | 1.28% | 0.56% | 0.58% | 1.45% | 1.15% |
BLOK Amplify Transformational Data Sharing ETF | 0.72% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
Drawdowns
BLCN vs. BLOK - Drawdown Comparison
The maximum BLCN drawdown since its inception was -64.38%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for BLCN and BLOK. For additional features, visit the drawdowns tool.
Volatility
BLCN vs. BLOK - Volatility Comparison
The current volatility for Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) is 14.25%, while Amplify Transformational Data Sharing ETF (BLOK) has a volatility of 15.32%. 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.