BLKC vs. SOXQ

Last updated Jul 29, 2026

BLKC (Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF) and SOXQ (Invesco PHLX Semiconductor ETF) are both exchange-traded funds - BLKC is a Blockchain fund tracking the Alerian Galaxy Global Blockchain Equity, Trusts and ETPs Index, while SOXQ is a Semiconductors fund tracking the PHLX Semiconductor Sector Index. Both are passively managed. Their -0.06 correlation means they have often moved in opposite directions in the past. BLKC charges 0.60%/yr vs 0.19%/yr for SOXQ.

Performance

BLKC vs. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLKC

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

SOXQ

• 1D: -4.52%
• 1M: -16.27%
• 6M: 36.12%
• YTD: 55.96%
• 1Y: 93.16%
• 3Y*: 42.87%
• 5Y*: 28.17%
• 10Y*: —
• ALL TIME*: 28.42%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SOXQ Invesco PHLX Semiconductor ETF	$215.42M	$233.06M	$275.51M

BLKC vs. SOXQ - Yearly Performance Comparison

	2026 (YTD)
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	0.34%
SOXQ Invesco PHLX Semiconductor ETF	33.78%

Correlation

The correlation between BLKC and SOXQ is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 23, 2026	-0.06

Return for Risk

BLKC vs. SOXQ — Risk / Return Rank

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

BLKC

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

SOXQ

SOXQ Risk / Return Rank: 86
SOXQ Sharpe Ratio Rank: 90
SOXQ Sortino Ratio Rank: 79
SOXQ Omega Ratio Rank: 81
SOXQ Calmar Ratio Rank: 89
SOXQ Martin Ratio Rank: 91

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. SOXQ - 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 Invesco PHLX Semiconductor ETF (SOXQ). 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.

	BLKC	SOXQ	Difference
Sharpe ratio: Return per unit of total volatility	—	2.21	—
Sortino ratio: Return per unit of downside risk	—	2.56	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.81	—
Martin ratio: Return relative to average drawdown	—	14.84	—

Drawdowns

Drawdown Indicators

	BLKC	SOXQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-46.01%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-24.58%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.01%	—
Current Drawdown Current decline from peak	—	-24.58%	—
Average Drawdown Average peak-to-trough decline	—	-12.89%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.30%	—

Volatility

Volatility by Period

	BLKC	SOXQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	16.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	42.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	38.06%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	37.73%	—

BLKC vs. SOXQ - Expense Ratio Comparison

BLKC has a 0.60% expense ratio, which is higher than SOXQ's 0.19% expense ratio.

Dividends

BLKC vs. SOXQ - Dividend Comparison

BLKC has not paid dividends to shareholders, while SOXQ's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SOXQ Invesco PHLX Semiconductor ETF	0.33%	0.50%	0.68%	0.87%	1.36%	0.72%

Frequently Asked Questions

Can I hold both BLKC and SOXQ in my portfolio?

BLKC and SOXQ have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLKC or SOXQ?

On fees, SOXQ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLKC or SOXQ?

SOXQ is cheaper with a 0.19% expense ratio, compared with 0.60% for BLKC.

Which ETF pays a higher dividend yield, BLKC or SOXQ?

SOXQ has the higher dividend yield at 0.33%, compared with 0.00% for BLKC.

What is the main difference between BLKC and SOXQ?

BLKC is categorized as Blockchain, while SOXQ is Semiconductors. BLKC tracks Alerian Galaxy Global Blockchain Equity, Trusts and ETPs Index, while SOXQ tracks PHLX Semiconductor Sector Index. Their fees differ too: 0.60% for BLKC and 0.19% for SOXQ.