BLKC vs. GLXY

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Galaxy Digital Holdings Ltd (GLXY).

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.

Performance

BLKC vs. GLXY - 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 Galaxy Digital Holdings Ltd (GLXY). The values are adjusted to include any dividend payments, if applicable.

BLKC vs. GLXY - Yearly Performance Comparison

	2026 (YTD)	2025
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	-12.03%	8.86%
GLXY Galaxy Digital Holdings Ltd	-17.49%	-1.93%

Returns By Period

BLKC

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

GLXY

• 1D: 7.58%
• 1M: -10.39%
• YTD: -17.49%
• 6M: -45.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

BLKC vs. GLXY - 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 Galaxy Digital Holdings Ltd (GLXY). 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	GLXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.24	—

Correlation

The correlation between BLKC and GLXY is 0.69, 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

BLKC vs. GLXY - Dividend Comparison

BLKC's dividend yield for the trailing twelve months is around 4.39%, while GLXY has not paid dividends to shareholders.

	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%
GLXY Galaxy Digital Holdings Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	BLKC	GLXY	Difference
Max Drawdown Largest peak-to-trough decline	—	-60.71%	—
Current Drawdown Current decline from peak	—	-56.95%	—
Average Drawdown Average peak-to-trough decline	—	-26.02%	—

Volatility

Volatility by Period

	BLKC	GLXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	89.97%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	89.97%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	89.97%	—