BLCN vs. GXLC

Last updated Jun 23, 2026

BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) and GXLC (Global X U.S. 500 ETF) are both Large Cap Blend Equities funds - BLCN tracks the Siren NASDAQ Blockchain Economy Index while GXLC tracks the Solactive GBS United States 500 Index. Both are passively managed. A 0.56 correlation means they provide meaningful diversification when combined. BLCN charges 0.68%/yr vs 0.02%/yr for GXLC.

Performance

BLCN vs. GXLC - 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 Global X U.S. 500 ETF (GXLC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLCN achieves a 12.69% return, which is significantly higher than GXLC's 10.27% return.

BLCN

• 1D: 1.09%
• 1M: 9.96%
• YTD: 12.69%
• 6M: 9.05%
• 1Y: 25.80%
• 3Y*: 9.95%
• 5Y*: -9.28%
• 10Y*: —

GXLC

• 1D: 1.19%
• 1M: 0.67%
• YTD: 10.27%
• 6M: 10.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLCN vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	12.69%	-11.91%
GXLC Global X U.S. 500 ETF	10.27%	3.22%

Correlation

The correlation between BLCN and GXLC is 0.56, 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 Sep 24, 2025	0.56

Return for Risk

BLCN vs. GXLC — 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: 17

GXLC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. GXLC - 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 Global X U.S. 500 ETF (GXLC). 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	GXLC	Difference
Sharpe ratio: Return per unit of total volatility	0.71	—	—
Sortino ratio: Return per unit of downside risk	1.20	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.88	—	—
Martin ratio: Return relative to average drawdown	1.85	—	—

Drawdowns

BLCN vs. GXLC - Drawdown Comparison

The maximum BLCN drawdown since its inception was -67.51%, which is greater than GXLC's maximum drawdown of -9.08%. Use the drawdown chart below to compare losses from any high point for BLCN and GXLC.

Drawdown Indicators

	BLCN	GXLC	Difference
Max Drawdown Largest peak-to-trough decline	-67.51%	-9.08%	-58.43%
Max Drawdown (1Y) Largest decline over 1 year	-29.53%	—	—
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	-45.31%	-1.29%	-44.02%
Average Drawdown Average peak-to-trough decline	-30.37%	-1.53%	-28.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.96%	—	—

Volatility

Volatility by Period

	BLCN	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	36.78%	13.82%	+22.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.18%	13.82%	+21.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.30%	13.82%	+17.48%

BLCN vs. GXLC - Expense Ratio Comparison

BLCN has a 0.68% expense ratio, which is higher than GXLC's 0.02% expense ratio.

Dividends

BLCN vs. GXLC - Dividend Comparison

BLCN's dividend yield for the trailing twelve months is around 2.67%, more than GXLC's 0.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%
GXLC Global X U.S. 500 ETF	0.63%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BLCN and GXLC in my portfolio?

BLCN and GXLC have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLCN or GXLC?

On fees, GXLC is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLCN or GXLC?

GXLC is cheaper with a 0.02% expense ratio, compared with 0.68% for BLCN.

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

BLCN has the higher dividend yield at 2.67%, compared with 0.63% for GXLC.

What is the main difference between BLCN and GXLC?

BLCN tracks Siren NASDAQ Blockchain Economy Index, while GXLC tracks Solactive GBS United States 500 Index. They also come from different issuers: SRN Advisors and Global X. Their fees differ too: 0.68% for BLCN and 0.02% for GXLC.