BLOK vs. BLCN

Last updated Aug 2, 2026

BLOK (Amplify Blockchain Technology ETF) and BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) are both exchange-traded funds - BLOK is a Blockchain fund actively managed by Amplify, while BLCN is a Large Cap Blend Equities fund tracking the Siren NASDAQ Blockchain Economy Index. BLOK is actively managed, while BLCN is passively managed. Over the past 5 years, BLOK returned 10.22%/yr vs -10.83%/yr for BLCN. Their 0.76 correlation means they have sometimes moved together and sometimes differently. BLOK charges 0.70%/yr vs 0.68%/yr for BLCN.

Performance

BLOK vs. BLCN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Blockchain Technology ETF (BLOK) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLOK achieves a 4.30% return, which is significantly higher than BLCN's 1.35% return.

BLOK

• 1D: -1.22%
• 1M: -3.77%
• 6M: -0.08%
• YTD: 4.30%
• 1Y: 6.60%
• 3Y*: 35.59%
• 5Y*: 10.22%
• 10Y*: —
• ALL TIME*: 17.03%

BLCN

• 1D: 0.00%
• 1M: 0.16%
• 6M: 1.99%
• YTD: 1.35%
• 1Y: 5.44%
• 3Y*: 2.06%
• 5Y*: -10.83%
• 10Y*: —
• ALL TIME*: 1.13%

*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)
BLOK Amplify Blockchain Technology ETF	$12.12M	$10.76M	$19.14M

BLOK vs. BLCN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Blockchain Technology ETF	4.30%	32.64%	53.12%	99.62%	-62.36%	30.76%	90.17%	29.54%	-25.38%
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	1.35%	-3.69%	5.62%	21.09%	-51.76%	4.86%	60.60%	33.94%	-18.99%

Correlation

The correlation between BLOK and BLCN is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.61
Correlation (3Y) Balances recent behavior with more history.	0.65
Correlation (5Y) Shows whether the relationship held over a longer period.	0.74
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018	0.76

The correlation between BLOK and BLCN shifts across timeframes, from 0.61 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

BLOK vs. BLCN - Sectors Allocation Comparison

Sectors	BLOK	BLCN
Financial Services	50.9%	32.3%
Technology	36.8%	0.1%
Consumer Cyclical	6.8%	3.7%
Communication Services	3.8%	3.5%
Industrials	1.6%	11.0%
Real Estate	0.0%	-
Basic Materials	-	1.3%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Utilities	-	4.2%

Return for Risk

BLOK vs. BLCN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BLOK

BLOK Risk / Return Rank: 12
BLOK Sharpe Ratio Rank: 12
BLOK Sortino Ratio Rank: 13
BLOK Omega Ratio Rank: 13
BLOK Calmar Ratio Rank: 11
BLOK Martin Ratio Rank: 11

BLCN

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BLOK vs. BLCN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Blockchain Technology ETF (BLOK) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). 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.

	BLOK	BLCN	Difference
Sharpe ratio: Return per unit of total volatility	0.03	0.02	+0.01
Sortino ratio: Return per unit of downside risk	0.32	0.30	+0.02
Omega ratio: Gain probability vs. loss probability	1.04	1.04	0.00
Calmar ratio: Return relative to maximum drawdown	0.03	0.03	+0.01
Martin ratio: Return relative to average drawdown	0.07	0.05	+0.01

BLOK vs. BLCN - Sharpe Ratio Comparison

The current BLOK Sharpe Ratio is 0.03, which is higher than the BLCN Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of BLOK and BLCN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BLOK vs. BLCN - Drawdown Comparison

The maximum BLOK drawdown since its inception was -73.33%, which is greater than BLCN's maximum drawdown of -67.51%. Use the drawdown chart below to compare losses from any high point for BLOK and BLCN.

Drawdown Indicators

	BLOK	BLCN	Difference
Max Drawdown Largest peak-to-trough decline	-73.33%	-67.51%	-5.82%
Max Drawdown (1Y) Largest decline over 1 year	-35.64%	-29.53%	-6.11%
Max Drawdown (3Y) Largest decline over 3 years	-35.64%	-45.26%	+9.62%
Max Drawdown (5Y) Largest decline over 5 years	-73.33%	-67.51%	-5.82%
Current Drawdown Current decline from peak	-19.37%	-50.81%	+31.44%
Average Drawdown Average peak-to-trough decline	-25.87%	-30.52%	+4.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.28%	14.43%	+2.85%

Volatility

BLOK vs. BLCN - Volatility Comparison

Amplify Blockchain Technology ETF (BLOK) has a higher volatility of 13.31% compared to Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) at 9.60%. This indicates that BLOK's price experiences larger fluctuations and is considered to be riskier than BLCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLOK	BLCN	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.31%	9.60%	+3.71%
Volatility (6M) Calculated over the trailing 6-month period	30.77%	28.35%	+2.42%
Volatility (1Y) Calculated over the trailing 1-year period	40.21%	37.43%	+2.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.50%	35.38%	+7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.06%	31.34%	+7.72%

BLOK vs. BLCN - Expense Ratio Comparison

BLOK has a 0.70% expense ratio, which is higher than BLCN's 0.68% expense ratio.

Dividends

BLOK vs. BLCN - Dividend Comparison

BLOK's dividend yield for the trailing twelve months is around 0.82%, while BLCN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.85%	3.01%	0.67%	0.54%	1.28%	0.56%	0.58%	1.45%	1.16%
BLOK Amplify Blockchain Technology ETF	0.82%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%

Frequently Asked Questions

Can I hold both BLOK and BLCN in my portfolio?

BLOK and BLCN have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLOK or BLCN?

BLOK has higher volatility (13.31%) compared to BLCN (9.60%). In terms of maximum drawdown, BLOK dropped -73.33% vs BLCN's -67.51%.

Which ETF is better, BLOK or BLCN?

On 5-year performance, BLOK leads with 10.22% vs -10.83% for BLCN. On fees, BLCN is cheaper at 0.68% per year. On volatility, BLCN has been the lower-risk option at 9.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLOK or BLCN?

Over the 5-year period, BLOK has performed better with a 10.22% return vs -10.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLOK or BLCN?

BLCN is cheaper with a 0.68% expense ratio, compared with 0.70% for BLOK.

Which ETF pays a higher dividend yield, BLOK or BLCN?

BLCN has the higher dividend yield at 2.85%, compared with 0.82% for BLOK.

What is the main difference between BLOK and BLCN?

BLOK is categorized as Blockchain, while BLCN is Large Cap Blend Equities. They also come from different issuers: Amplify and SRN Advisors. Their fees differ too: 0.70% for BLOK and 0.68% for BLCN.

Which has better risk-adjusted returns?

BLOK currently has the higher Sharpe Ratio (0.03 vs 0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.