BLCN vs. ROBO
Compare and contrast key facts about Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and ROBO Global Robotics & Automation Index ETF (ROBO).
BLCN and ROBO 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. ROBO is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ROBO Global Robotics and Automation TR Index. It was launched on Oct 22, 2013. Both BLCN and ROBO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLCN or ROBO.
Key characteristics
| BLCN | ROBO | |
|---|---|---|
| YTD Return | 13.77% | -0.75% |
| 1Y Return | 40.83% | 12.63% |
| 3Y Return (Ann) | -17.97% | -7.04% |
| 5Y Return (Ann) | 3.31% | 6.93% |
| Sharpe Ratio | 1.14 | 0.91 |
| Sortino Ratio | 1.75 | 1.34 |
| Omega Ratio | 1.20 | 1.16 |
| Calmar Ratio | 0.71 | 0.58 |
| Martin Ratio | 5.21 | 3.08 |
| Ulcer Index | 8.33% | 5.60% |
| Daily Std Dev | 38.24% | 18.97% |
| Max Drawdown | -64.38% | -43.65% |
| Current Drawdown | -45.71% | -20.99% |
Correlation
The correlation between BLCN and ROBO is 0.73, 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. ROBO - Performance Comparison
In the year-to-date period, BLCN achieves a 13.77% return, which is significantly higher than ROBO's -0.75% 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. ROBO - Expense Ratio Comparison
BLCN has a 0.68% expense ratio, which is lower than ROBO's 0.95% expense ratio.
Risk-Adjusted Performance
BLCN vs. ROBO - 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 ROBO Global Robotics & Automation Index ETF (ROBO). 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. ROBO - Dividend Comparison
BLCN's dividend yield for the trailing twelve months is around 0.64%, more than ROBO's 0.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ROBO ROBO Global Robotics & Automation Index ETF | 0.05% | 0.05% | 0.00% | 0.18% | 0.20% | 0.37% | 0.37% | 0.02% | 0.19% | 0.28% | 0.28% |
Drawdowns
BLCN vs. ROBO - Drawdown Comparison
The maximum BLCN drawdown since its inception was -64.38%, which is greater than ROBO's maximum drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for BLCN and ROBO. For additional features, visit the drawdowns tool.
Volatility
BLCN vs. ROBO - Volatility Comparison
Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a higher volatility of 14.25% compared to ROBO Global Robotics & Automation Index ETF (ROBO) at 4.99%. This indicates that BLCN's price experiences larger fluctuations and is considered to be riskier than ROBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.