BLKC vs. BKCH

Last updated Apr 2, 2026

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.

Performance

BLKC vs. BKCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Global X Blockchain ETF (BKCH). The values are adjusted to include any dividend payments, if applicable.

BLKC vs. BKCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	-12.03%	13.79%	46.83%	128.84%	-63.43%	-8.11%
BKCH Global X Blockchain ETF	-12.18%	27.14%	18.81%	267.06%	-85.10%	-11.41%

Returns By Period

BLKC

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKCH

• 1D: 0.47%
• 1M: -12.18%
• YTD: -12.18%
• 6M: -35.21%
• 1Y: 64.27%
• 3Y*: 41.26%
• 5Y*: —
• 10Y*: —

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

BLKC vs. BKCH - Expense Ratio Comparison

BLKC has a 0.60% expense ratio, which is higher than BKCH's 0.50% expense ratio.

BLKC

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

BKCH

Global X Blockchain ETF

Return for Risk

BLKC vs. BKCH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BKCH

BKCH Risk / Return Rank: 46
BKCH Sharpe Ratio Rank: 46
BKCH Sortino Ratio Rank: 60
BKCH Omega Ratio Rank: 45
BKCH Calmar Ratio Rank: 48
BKCH Martin Ratio Rank: 31

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.

BLKC vs. BKCH - Risk-Adjusted Trends 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BLKC	BKCH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.90	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.09	—

Correlation

The correlation between BLKC and BKCH is 0.93, 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.

Dividends

BLKC vs. BKCH - Dividend Comparison

BLKC's dividend yield for the trailing twelve months is around 4.39%, more than BKCH's 2.28% yield.

	TTM	2025	2024	2023	2022	2021
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	4.39%	7.72%	19.66%	1.92%	5.40%	0.51%
BKCH Global X Blockchain ETF	2.28%	2.00%	7.61%	2.33%	1.29%	4.28%

Drawdowns

Drawdown Indicators

	BLKC	BKCH	Difference
Max Drawdown Largest peak-to-trough decline	—	-91.80%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-56.28%	—
Current Drawdown Current decline from peak	—	-57.90%	—
Average Drawdown Average peak-to-trough decline	—	-62.89%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	26.78%	—

Volatility

Volatility by Period

	BLKC	BKCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.01%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	72.30%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	75.94%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	75.94%	—