BLCN vs. GXLC

Last updated Aug 4, 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. Their 0.55 correlation means they have sometimes moved together and sometimes differently. 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 1.35% return, which is significantly lower than GXLC's 11.54% return.

BLCN

• 1D: 0.00%
• 1M: 0.16%
• 6M: 2.03%
• YTD: 1.35%
• 1Y: 5.44%
• 3Y*: 2.06%
• 5Y*: -10.83%
• 10Y*: —
• ALL TIME*: 1.13%

GXLC

• 1D: 1.34%
• 1M: 1.54%
• 6M: 9.67%
• YTD: 11.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GXLC Global X U.S. 500 ETF	$25.69K	$21.89K	$18.29K

BLCN vs. GXLC - Yearly Performance Comparison

	2026 (YTD)	2025
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	1.35%	-11.91%
GXLC Global X U.S. 500 ETF	11.54%	3.22%

Correlation

The correlation between BLCN and GXLC is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	0.55

Return for Risk

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	0.02	—	—
Sortino ratio: Return per unit of downside risk	0.30	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.03	—	—
Martin ratio: Return relative to average drawdown	0.05	—	—

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	-50.81%	-0.16%	-50.65%
Average Drawdown Average peak-to-trough decline	-30.52%	-1.57%	-28.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.43%	—	—

Volatility

Volatility by Period

	BLCN	GXLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.43%	13.64%	+23.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.38%	13.64%	+21.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.34%	13.64%	+17.70%

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 has not paid dividends to shareholders, while GXLC's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.85%	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 0.55, 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 2.85%, 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.