BLCN vs. EBI

Last updated Jun 24, 2026

BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) and EBI (Longview Advantage ETF) are both Large Cap Blend Equities funds. BLCN is passively managed, while EBI is actively managed. Over the past year, BLCN returned 25.25% vs 30.46% for EBI. A 0.51 correlation means they provide meaningful diversification when combined. BLCN charges 0.68%/yr vs 0.24%/yr for EBI.

Performance

BLCN vs. EBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and Longview Advantage ETF (EBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLCN achieves a 8.85% return, which is significantly lower than EBI's 13.70% return.

BLCN

• 1D: -3.41%
• 1M: 6.21%
• YTD: 8.85%
• 6M: 5.98%
• 1Y: 25.25%
• 3Y*: 8.68%
• 5Y*: -10.03%
• 10Y*: —

EBI

• 1D: -0.96%
• 1M: 0.90%
• YTD: 13.70%
• 6M: 12.56%
• 1Y: 30.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLCN vs. EBI - Yearly Performance Comparison

	2026 (YTD)	2025
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	8.85%	11.58%
EBI Longview Advantage ETF	13.70%	15.82%

Correlation

The correlation between BLCN and EBI is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.51

The correlation between BLCN and EBI has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.

Return for Risk

BLCN vs. EBI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLCN

BLCN Risk / Return Rank: 20
BLCN Sharpe Ratio Rank: 21
BLCN Sortino Ratio Rank: 22
BLCN Omega Ratio Rank: 21
BLCN Calmar Ratio Rank: 20
BLCN Martin Ratio Rank: 18

EBI

EBI Risk / Return Rank: 84
EBI Sharpe Ratio Rank: 84
EBI Sortino Ratio Rank: 84
EBI Omega Ratio Rank: 81
EBI Calmar Ratio Rank: 85
EBI Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLCN vs. EBI - 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 Longview Advantage ETF (EBI). 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	EBI	Difference
Sharpe ratio: Return per unit of total volatility	0.69	2.46	-1.77
Sortino ratio: Return per unit of downside risk	1.18	3.37	-2.18
Omega ratio: Gain probability vs. loss probability	1.14	1.43	-0.29
Calmar ratio: Return relative to maximum drawdown	0.86	4.32	-3.46
Martin ratio: Return relative to average drawdown	1.81	17.50	-15.69

BLCN vs. EBI - Sharpe Ratio Comparison

The current BLCN Sharpe Ratio is 0.69, which is lower than the EBI Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of BLCN and EBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BLCN vs. EBI - Drawdown Comparison

The maximum BLCN drawdown since its inception was -67.51%, which is greater than EBI's maximum drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for BLCN and EBI.

Drawdown Indicators

	BLCN	EBI	Difference
Max Drawdown Largest peak-to-trough decline	-67.51%	-17.05%	-50.46%
Max Drawdown (1Y) Largest decline over 1 year	-29.53%	-7.09%	-22.44%
Max Drawdown (3Y) Largest decline over 3 years	-45.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.51%	—	—
Current Drawdown Current decline from peak	-47.17%	-1.43%	-45.74%
Average Drawdown Average peak-to-trough decline	-30.38%	-2.03%	-28.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.97%	1.75%	+12.22%

Volatility

BLCN vs. EBI - Volatility Comparison

Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a higher volatility of 14.35% compared to Longview Advantage ETF (EBI) at 4.03%. This indicates that BLCN's price experiences larger fluctuations and is considered to be riskier than EBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLCN	EBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.35%	4.03%	+10.32%
Volatility (6M) Calculated over the trailing 6-month period	27.56%	9.27%	+18.29%
Volatility (1Y) Calculated over the trailing 1-year period	36.88%	12.49%	+24.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.21%	17.88%	+17.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.32%	17.88%	+13.44%

BLCN vs. EBI - Expense Ratio Comparison

BLCN has a 0.68% expense ratio, which is higher than EBI's 0.24% expense ratio.

Dividends

BLCN vs. EBI - Dividend Comparison

BLCN's dividend yield for the trailing twelve months is around 2.77%, more than EBI's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.77%	3.01%	0.67%	0.54%	1.28%	0.56%	0.58%	1.45%	1.16%
EBI Longview Advantage ETF	0.92%	1.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BLCN and EBI in my portfolio?

BLCN and EBI have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLCN or EBI?

BLCN has higher volatility (14.35%) compared to EBI (4.03%). In terms of maximum drawdown, BLCN dropped -67.51% vs EBI's -17.05%.

Which ETF is better, BLCN or EBI?

On 1-year performance, EBI leads with 30.46% vs 25.25% for BLCN. On fees, EBI is cheaper at 0.24% per year. On volatility, EBI has been the lower-risk option at 4.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLCN or EBI?

Over the 1-year period, EBI has performed better with a 30.46% return vs 25.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLCN or EBI?

EBI is cheaper with a 0.24% expense ratio, compared with 0.68% for BLCN.

Which ETF pays a higher dividend yield, BLCN or EBI?

BLCN has the higher dividend yield at 2.77%, compared with 0.92% for EBI.

What is the main difference between BLCN and EBI?

They also come from different issuers: SRN Advisors and Longview. Their fees differ too: 0.68% for BLCN and 0.24% for EBI.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.46 vs 0.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.