PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
BLKC vs. BLOX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BLKC vs. BLOX

Last updated Jun 5, 2026

BLKC (Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF) and BLOX (Nicholas Crypto Income ETF) are both Cryptocurrency funds. BLKC is passively managed, while BLOX is actively managed. A 0.71 correlation means they provide meaningful diversification when combined. BLKC charges 0.60%/yr vs 1.03%/yr for BLOX.

Performance

BLKC vs. BLOX - 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 Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

BLKC

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

BLOX

1D
-0.80%
1M
5.80%
YTD
15.59%
6M
2.42%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BLKC vs. BLOX - Yearly Performance Comparison

2026 (YTD)2025
BLKC
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF		-12.03%8.10%
BLOX
Nicholas Crypto Income ETF		15.59%9.24%

Correlation

The correlation between BLKC and BLOX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 18, 2025

0.71

BLKC vs. BLOX - Sectors Allocation Comparison

Sectors
BLKC
BLOX

Financial Services

36.7%
60.7%

Technology

29.5%
39.3%

Consumer Cyclical

7.3%

-

Communication Services

4.5%

-

Consumer Defensive

2.6%

-

Industrials

2.2%

-

Energy

1.4%

-

Healthcare

1.0%

-

Basic Materials

-

-

Real Estate

-

-

Utilities

-

-

Financial Services

BLKC
36.7%
BLOX
60.7%

Technology

BLKC
29.5%
BLOX
39.3%

Consumer Cyclical

BLKC
7.3%
BLOX

-

Communication Services

BLKC
4.5%
BLOX

-

Consumer Defensive

BLKC
2.6%
BLOX

-

Industrials

BLKC
2.2%
BLOX

-

Energy

BLKC
1.4%
BLOX

-

Healthcare

BLKC
1.0%
BLOX

-

Basic Materials

BLKC

-

BLOX

-

Real Estate

BLKC

-

BLOX

-

Utilities

BLKC

-

BLOX

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF

Nicholas Crypto Income ETF

Often compared with BLKC:
BLKC vs. VOOBLKC vs. SATOBLKC vs. BTC-USDBLKC vs. GLXYBLKC vs. ENFRBLKC vs. BKCHBLKC vs. QQQ
Often compared with BLOX:
BLOX vs. BITOBLOX vs. BLOKBLOX vs. LFGYBLOX vs. ULTYBLOX vs. HOOWBLOX vs. FBTCBLOX vs. QQQI

Return for Risk

BLKC vs. BLOX - 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 Nicholas Crypto Income ETF (BLOX). 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.

BLKC vs. BLOX - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

BLKCBLOXDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

—

0.52

—

Drawdowns

BLKC vs. BLOX - Drawdown Comparison

Loading charts...

Drawdown Indicators

BLKCBLOXDifference

Max Drawdown

Largest peak-to-trough decline

—

-47.09%

—

Current Drawdown

Current decline from peak

—

-20.09%

—

Average Drawdown

Average peak-to-trough decline

—

-18.53%

—

Volatility

BLKC vs. BLOX - Volatility Comparison

Loading charts...

Volatility by Period

BLKCBLOXDifference

Volatility (1Y)

Calculated over the trailing 1-year period

—

53.34%

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

—

53.34%

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

—

53.34%

—

BLKC vs. BLOX - Expense Ratio Comparison

BLKC has a 0.60% expense ratio, which is lower than BLOX's 1.03% expense ratio.

Dividends

BLKC vs. BLOX - Dividend Comparison

BLKC's dividend yield for the trailing twelve months is around 4.39%, less than BLOX's 37.11% yield.

PositionTTM20252024202320222021
BLKC
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF		4.39%7.72%19.66%1.92%5.40%0.51%
BLOX
Nicholas Crypto Income ETF		37.11%22.69%0.00%0.00%0.00%0.00%

Frequently Asked Questions

BLKC and BLOX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BLKC is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BLKC is cheaper with a 0.60% expense ratio, compared with 1.03% for BLOX.

BLOX has the higher dividend yield at 37.11%, compared with 4.39% for BLKC.

They also come from different issuers: Invesco and Nicholas. Their fees differ too: 0.60% for BLKC and 1.03% for BLOX.

Portfolio Optimizer

Find the right allocation for BLKC and BLOX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer