BLOK vs. ITA

Last updated Jun 13, 2026

BLOK (Amplify Blockchain Technology ETF) and ITA (iShares U.S. Aerospace & Defense ETF) are both exchange-traded funds - BLOK is a Blockchain fund actively managed by Amplify, while ITA is a Aerospace & Defense fund tracking the Dow Jones U.S. Select Aerospace & Defense Index. BLOK is actively managed, while ITA is passively managed. Over the past 5 years, BLOK returned 11.50%/yr vs 16.86%/yr for ITA. At a 0.48 correlation, their price movements are largely independent. BLOK charges 0.70%/yr vs 0.38%/yr for ITA.

Performance

BLOK vs. ITA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Blockchain Technology ETF (BLOK) and iShares U.S. Aerospace & Defense ETF (ITA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLOK achieves a 12.57% return, which is significantly higher than ITA's 8.97% return.

BLOK

• 1D: 1.33%
• 1M: -0.28%
• YTD: 12.57%
• 6M: 5.60%
• 1Y: 24.42%
• 3Y*: 50.68%
• 5Y*: 11.50%
• 10Y*: —

ITA

• 1D: -0.95%
• 1M: 3.58%
• YTD: 8.97%
• 6M: 11.71%
• 1Y: 30.96%
• 3Y*: 27.30%
• 5Y*: 16.86%
• 10Y*: 15.34%

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

BLOK vs. ITA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Blockchain Technology ETF	12.57%	32.64%	53.12%	99.62%	-62.36%	30.76%	90.17%	29.54%	-25.38%
ITA iShares U.S. Aerospace & Defense ETF	8.97%	48.64%	15.81%	14.33%	9.96%	9.39%	-13.57%	30.51%	-11.25%

Correlation

The correlation between BLOK and ITA is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018	0.48

BLOK vs. ITA - Sectors Allocation Comparison

Sectors	BLOK	ITA
Financial Services	55.3%	-
Technology	31.8%	0.1%
Consumer Cyclical	6.7%	-
Communication Services	5.2%	-
Industrials	1.0%	99.8%
Real Estate	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

BLOK vs. ITA — Risk / Return Rank

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

BLOK

BLOK Risk / Return Rank: 20
BLOK Sharpe Ratio Rank: 21
BLOK Sortino Ratio Rank: 22
BLOK Omega Ratio Rank: 22
BLOK Calmar Ratio Rank: 19
BLOK Martin Ratio Rank: 17

ITA

ITA Risk / Return Rank: 44
ITA Sharpe Ratio Rank: 47
ITA Sortino Ratio Rank: 48
ITA Omega Ratio Rank: 43
ITA Calmar Ratio Rank: 45
ITA Martin Ratio Rank: 38

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.

BLOK vs. ITA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Blockchain Technology ETF (BLOK) and iShares U.S. Aerospace & Defense ETF (ITA). 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	ITA	Difference
Sharpe ratio: Return per unit of total volatility	0.63	1.43	-0.81
Sortino ratio: Return per unit of downside risk	1.08	2.11	-1.03
Omega ratio: Gain probability vs. loss probability	1.13	1.25	-0.12
Calmar ratio: Return relative to maximum drawdown	0.69	1.97	-1.28
Martin ratio: Return relative to average drawdown	1.49	5.20	-3.71

BLOK vs. ITA - Sharpe Ratio Comparison

The current BLOK Sharpe Ratio is 0.63, which is lower than the ITA Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of BLOK and ITA, 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. ITA - Drawdown Comparison

The maximum BLOK drawdown since its inception was -73.33%, which is greater than ITA's maximum drawdown of -59.72%. Use the drawdown chart below to compare losses from any high point for BLOK and ITA.

Drawdown Indicators

	BLOK	ITA	Difference
Max Drawdown Largest peak-to-trough decline	-73.33%	-59.72%	-13.61%
Max Drawdown (1Y) Largest decline over 1 year	-35.64%	-15.82%	-19.82%
Max Drawdown (3Y) Largest decline over 3 years	-35.64%	-15.82%	-19.82%
Max Drawdown (5Y) Largest decline over 5 years	-73.33%	-18.72%	-54.61%
Max Drawdown (10Y) Largest decline over 10 years	—	-51.00%	—
Current Drawdown Current decline from peak	-12.97%	-6.64%	-6.33%
Average Drawdown Average peak-to-trough decline	-26.03%	-9.45%	-16.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.41%	5.97%	+10.44%

Volatility

BLOK vs. ITA - Volatility Comparison

Amplify Blockchain Technology ETF (BLOK) has a higher volatility of 13.34% compared to iShares U.S. Aerospace & Defense ETF (ITA) at 9.07%. This indicates that BLOK's price experiences larger fluctuations and is considered to be riskier than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLOK	ITA	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.34%	9.07%	+4.27%
Volatility (6M) Calculated over the trailing 6-month period	30.02%	18.47%	+11.55%
Volatility (1Y) Calculated over the trailing 1-year period	39.18%	21.74%	+17.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.53%	20.21%	+22.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.05%	23.22%	+15.83%

BLOK vs. ITA - Expense Ratio Comparison

BLOK has a 0.70% expense ratio, which is higher than ITA's 0.38% expense ratio.

Dividends

BLOK vs. ITA - Dividend Comparison

BLOK's dividend yield for the trailing twelve months is around 0.64%, more than ITA's 0.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLOK Amplify Blockchain Technology ETF	0.64%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%	0.00%	0.00%	0.00%
ITA iShares U.S. Aerospace & Defense ETF	0.46%	0.55%	0.85%	0.93%	0.95%	0.82%	1.07%	1.54%	1.13%	0.91%	1.07%	1.04%

Frequently Asked Questions

Can I hold both BLOK and ITA in my portfolio?

BLOK and ITA have a correlation of 0.48, 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 ITA?

BLOK has higher volatility (13.34%) compared to ITA (9.07%). In terms of maximum drawdown, BLOK dropped -73.33% vs ITA's -59.72%.

Which ETF is better, BLOK or ITA?

On 5-year performance, ITA leads with 16.86% vs 11.50% for BLOK. On fees, ITA is cheaper at 0.38% per year. On volatility, ITA has been the lower-risk option at 9.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLOK or ITA?

Over the 5-year period, ITA has performed better with a 16.86% return vs 11.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLOK or ITA?

ITA is cheaper with a 0.38% expense ratio, compared with 0.70% for BLOK.

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

BLOK has the higher dividend yield at 0.64%, compared with 0.46% for ITA.

What is the main difference between BLOK and ITA?

BLOK is categorized as Blockchain, while ITA is Aerospace & Defense. They also come from different issuers: Amplify and iShares. Their fees differ too: 0.70% for BLOK and 0.38% for ITA.

Which has better risk-adjusted returns?

ITA currently has the higher Sharpe Ratio (1.43 vs 0.63), 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.