BLCN vs. COST
Compare and contrast key facts about Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and Costco Wholesale Corporation (COST).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLCN or COST.
Key characteristics
| BLCN | COST | |
|---|---|---|
| YTD Return | 13.77% | 42.28% |
| 1Y Return | 40.83% | 62.58% |
| 3Y Return (Ann) | -17.97% | 23.57% |
| 5Y Return (Ann) | 3.31% | 27.42% |
| Sharpe Ratio | 1.14 | 3.37 |
| Sortino Ratio | 1.75 | 3.99 |
| Omega Ratio | 1.20 | 1.60 |
| Calmar Ratio | 0.71 | 6.44 |
| Martin Ratio | 5.21 | 16.64 |
| Ulcer Index | 8.33% | 3.97% |
| Daily Std Dev | 38.24% | 19.61% |
| Max Drawdown | -64.38% | -53.39% |
| Current Drawdown | -45.71% | -1.07% |
Correlation
The correlation between BLCN and COST is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BLCN vs. COST - Performance Comparison
In the year-to-date period, BLCN achieves a 13.77% return, which is significantly lower than COST's 42.28% 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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Risk-Adjusted Performance
BLCN vs. COST - 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 Costco Wholesale Corporation (COST). 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. COST - Dividend Comparison
BLCN's dividend yield for the trailing twelve months is around 0.64%, less than COST's 2.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF | 0.64% | 0.54% | 1.28% | 0.56% | 0.58% | 1.45% | 1.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COST Costco Wholesale Corporation | 2.09% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% | 0.97% | 1.01% |
Drawdowns
BLCN vs. COST - Drawdown Comparison
The maximum BLCN drawdown since its inception was -64.38%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for BLCN and COST. For additional features, visit the drawdowns tool.
Volatility
BLCN vs. COST - Volatility Comparison
Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a higher volatility of 14.25% compared to Costco Wholesale Corporation (COST) at 4.55%. This indicates that BLCN's price experiences larger fluctuations and is considered to be riskier than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.