BLKC vs. BKCH
Compare and contrast key facts about Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Global X Blockchain ETF (BKCH).
BLKC and BKCH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLKC is a passively managed fund by Invesco that tracks the performance of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index. It was launched on Oct 7, 2021. BKCH is an actively managed fund by Global X. It was launched on Jul 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLKC or BKCH.
Correlation
The correlation between BLKC and BKCH is 0.95, 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
BLKC vs. BKCH - Performance Comparison
Key characteristics
BLKC:
1.44
BKCH:
0.17
BLKC:
2.09
BKCH:
0.83
BLKC:
1.25
BKCH:
1.09
BLKC:
1.40
BKCH:
0.18
BLKC:
6.79
BKCH:
0.65
BLKC:
7.61%
BKCH:
19.91%
BLKC:
36.10%
BKCH:
76.37%
BLKC:
-72.75%
BKCH:
-91.80%
BLKC:
-3.74%
BKCH:
-60.52%
Returns By Period
In the year-to-date period, BLKC achieves a 8.88% return, which is significantly higher than BKCH's 4.68% return.
BLKC
8.88%
-2.65%
41.26%
53.39%
N/A
N/A
BKCH
4.68%
-11.16%
25.41%
14.04%
N/A
N/A
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BLKC vs. BKCH - Expense Ratio Comparison
BLKC has a 0.60% expense ratio, which is higher than BKCH's 0.50% expense ratio.
Risk-Adjusted Performance
BLKC vs. BKCH — Risk-Adjusted Performance Rank
BLKC
BKCH
BLKC vs. BKCH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Global X Blockchain ETF (BKCH). 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
BLKC vs. BKCH - Dividend Comparison
BLKC's dividend yield for the trailing twelve months is around 18.05%, more than BKCH's 7.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF | 18.05% | 19.65% | 1.92% | 5.40% | 0.51% |
BKCH Global X Blockchain ETF | 7.27% | 7.61% | 2.33% | 1.30% | 4.28% |
Drawdowns
BLKC vs. BKCH - Drawdown Comparison
The maximum BLKC drawdown since its inception was -72.75%, smaller than the maximum BKCH drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for BLKC and BKCH. For additional features, visit the drawdowns tool.
Volatility
BLKC vs. BKCH - Volatility Comparison
The current volatility for Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) is 9.33%, while Global X Blockchain ETF (BKCH) has a volatility of 20.15%. This indicates that BLKC experiences smaller price fluctuations and is considered to be less risky than BKCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.