BLCN vs. VOO

Last updated Jun 23, 2026

BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - BLCN is a Large Cap Blend Equities fund tracking the Siren NASDAQ Blockchain Economy Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, BLCN returned -9.28%/yr vs 13.58%/yr for VOO. A 0.66 correlation means they provide meaningful diversification when combined. BLCN charges 0.68%/yr vs 0.03%/yr for VOO.

Performance

BLCN vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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 VOO's 9.75% return.

BLCN

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

VOO

• 1D: -0.29%
• 1M: 0.08%
• YTD: 9.75%
• 6M: 9.30%
• 1Y: 26.77%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

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

BLCN vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	12.69%	-3.69%	5.62%	21.09%	-51.76%	4.86%	60.60%	33.94%	-18.99%
VOO Vanguard S&P 500 ETF	9.75%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-7.95%

Correlation

The correlation between BLCN and VOO is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018	0.66

The correlation between BLCN and VOO shifts across timeframes, from 0.48 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

BLCN vs. VOO - Sectors Allocation Comparison

Sectors	BLCN	VOO
Financial Services	45.0%	10.9%
Technology	25.2%	39.1%
Communication Services	7.5%	10.5%
Industrials	4.6%	7.6%
Utilities	4.2%	2.5%
Consumer Cyclical	2.4%	9.8%
Basic Materials	1.3%	1.7%
Consumer Defensive	-	4.5%
Energy	-	3.2%
Healthcare	-	8.3%
Real Estate	-	1.8%

Return for Risk

BLCN vs. VOO — 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

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

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. VOO - 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 Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	0.71	2.17	-1.47
Sortino ratio: Return per unit of downside risk	1.20	2.93	-1.73
Omega ratio: Gain probability vs. loss probability	1.15	1.39	-0.25
Calmar ratio: Return relative to maximum drawdown	0.88	3.02	-2.14
Martin ratio: Return relative to average drawdown	1.85	13.58	-11.73

BLCN vs. VOO - Sharpe Ratio Comparison

The current BLCN Sharpe Ratio is 0.71, which is lower than the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of BLCN and VOO, 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. VOO - Drawdown Comparison

The maximum BLCN drawdown since its inception was -67.51%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BLCN and VOO.

Drawdown Indicators

	BLCN	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-67.51%	-33.99%	-33.52%
Max Drawdown (1Y) Largest decline over 1 year	-29.53%	-8.90%	-20.63%
Max Drawdown (3Y) Largest decline over 3 years	-45.26%	-18.69%	-26.57%
Max Drawdown (5Y) Largest decline over 5 years	-67.51%	-24.52%	-42.99%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-45.31%	-1.74%	-43.57%
Average Drawdown Average peak-to-trough decline	-30.37%	-3.68%	-26.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.96%	1.98%	+11.98%

Volatility

BLCN vs. VOO - Volatility Comparison

Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a higher volatility of 13.86% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that BLCN's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLCN	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.86%	4.60%	+9.26%
Volatility (6M) Calculated over the trailing 6-month period	27.35%	9.73%	+17.62%
Volatility (1Y) Calculated over the trailing 1-year period	36.78%	12.39%	+24.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.18%	16.90%	+18.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.30%	18.05%	+13.25%

BLCN vs. VOO - Expense Ratio Comparison

BLCN has a 0.68% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

BLCN vs. VOO - Dividend Comparison

BLCN's dividend yield for the trailing twelve months is around 2.67%, more than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.04%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both BLCN and VOO in my portfolio?

BLCN and VOO have a correlation of 0.48, 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 VOO?

BLCN has higher volatility (13.86%) compared to VOO (4.60%). In terms of maximum drawdown, BLCN dropped -67.51% vs VOO's -33.99%.

Which ETF is better, BLCN or VOO?

On 5-year performance, VOO leads with 13.58% vs -9.28% for BLCN. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 4.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLCN or VOO?

Over the 5-year period, VOO has performed better with a 13.58% return vs -9.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLCN or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.68% for BLCN.

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

BLCN has the higher dividend yield at 2.67%, compared with 1.04% for VOO.

What is the main difference between BLCN and VOO?

BLCN is categorized as Large Cap Blend Equities, while VOO is S&P 500. BLCN tracks Siren NASDAQ Blockchain Economy Index, while VOO tracks S&P 500 Index. They also come from different issuers: SRN Advisors and Vanguard. Their fees differ too: 0.68% for BLCN and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.17 vs 0.71), 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.