BLCN vs. SPY
Compare and contrast key facts about Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) and State Street SPDR S&P 500 ETF (SPY).
BLCN and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both BLCN and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
BLCN vs. SPY - Performance Comparison
Loading graphics...
BLCN vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF | -12.36% | -3.69% | 5.62% | 21.09% | -51.76% | 4.86% | 60.60% | 33.94% | -19.15% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -8.92% |
Returns By Period
In the year-to-date period, BLCN achieves a -12.36% return, which is significantly lower than SPY's -4.37% return.
BLCN
- 1D
- 3.14%
- 1M
- -9.02%
- YTD
- -12.36%
- 6M
- -21.90%
- 1Y
- 13.13%
- 3Y*
- 0.69%
- 5Y*
- -14.50%
- 10Y*
- —
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BLCN vs. SPY - Expense Ratio Comparison
BLCN has a 0.68% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
BLCN vs. SPY — Risk / Return Rank
BLCN
SPY
BLCN vs. SPY - 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 State Street SPDR S&P 500 ETF (SPY). 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.
| BLCN | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.33 | 0.93 | -0.60 |
Sortino ratioReturn per unit of downside risk | 0.77 | 1.45 | -0.68 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.22 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.40 | 1.53 | -1.12 |
Martin ratioReturn relative to average drawdown | 0.98 | 7.30 | -6.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| BLCN | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 0.93 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.43 | 0.69 | -1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.56 | -0.58 |
Correlation
The correlation between BLCN and SPY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
BLCN vs. SPY - Dividend Comparison
BLCN's dividend yield for the trailing twelve months is around 3.44%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF | 3.44% | 3.01% | 0.67% | 0.54% | 1.28% | 0.56% | 0.58% | 1.45% | 1.16% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
BLCN vs. SPY - Drawdown Comparison
The maximum BLCN drawdown since its inception was -67.51%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BLCN and SPY.
Loading graphics...
Drawdown Indicators
| BLCN | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.51% | -55.19% | -12.32% |
Max Drawdown (1Y)Largest decline over 1 year | -29.53% | -12.05% | -17.48% |
Max Drawdown (5Y)Largest decline over 5 years | -67.51% | -24.50% | -43.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -57.46% | -6.24% | -51.22% |
Average DrawdownAverage peak-to-trough decline | -29.86% | -9.09% | -20.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.13% | 2.52% | +9.61% |
Volatility
BLCN vs. SPY - Volatility Comparison
Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a higher volatility of 12.46% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that BLCN's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| BLCN | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.46% | 5.31% | +7.15% |
Volatility (6M)Calculated over the trailing 6-month period | 26.28% | 9.47% | +16.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.97% | 19.05% | +20.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.09% | 17.06% | +17.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.89% | 17.92% | +12.97% |