BLOK vs. BITQ
Compare and contrast key facts about Amplify Transformational Data Sharing ETF (BLOK) and Bitwise Crypto Industry Innovators ETF (BITQ).
BLOK and BITQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018. BITQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Bitwise Crypto Innovators 30 Total Return. It was launched on May 11, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLOK or BITQ.
Correlation
The correlation between BLOK and BITQ is 0.80, 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
BLOK vs. BITQ - Performance Comparison
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Key characteristics
BLOK:
36.07%
BITQ:
46.85%
BLOK:
-0.17%
BITQ:
0.00%
BLOK:
0.00%
BITQ:
0.00%
Returns By Period
BLOK
N/A
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BITQ
N/A
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BLOK vs. BITQ - Expense Ratio Comparison
BLOK has a 0.71% expense ratio, which is lower than BITQ's 0.85% expense ratio.
Risk-Adjusted Performance
BLOK vs. BITQ — Risk-Adjusted Performance Rank
BLOK
BITQ
BLOK vs. BITQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Transformational Data Sharing ETF (BLOK) and Bitwise Crypto Industry Innovators ETF (BITQ). 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.
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Dividends
BLOK vs. BITQ - Dividend Comparison
BLOK's dividend yield for the trailing twelve months is around 5.97%, more than BITQ's 0.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
BLOK Amplify Transformational Data Sharing ETF | 5.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BITQ Bitwise Crypto Industry Innovators ETF | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BLOK vs. BITQ - Drawdown Comparison
The maximum BLOK drawdown since its inception was -0.17%, which is greater than BITQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BLOK and BITQ. For additional features, visit the drawdowns tool.
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Volatility
BLOK vs. BITQ - Volatility Comparison
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