BLOK vs. NGD

Last updated Jun 13, 2026

BLOK (Amplify Blockchain Technology ETF) is Blockchain fund actively managed by Amplify, while NGD (New Gold Inc.) is a stock. At a 0.17 correlation, their price movements are largely independent.

Performance

BLOK vs. NGD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Blockchain Technology ETF (BLOK) and New Gold Inc. (NGD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLOK

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

NGD

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

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

BLOK vs. NGD - 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%
NGD New Gold Inc.	4.25%	251.21%	69.86%	48.98%	-34.67%	-31.51%	148.86%	16.28%	-78.00%

Correlation

The correlation between BLOK and NGD is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018	0.17

Return for Risk

BLOK vs. NGD — 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

NGD

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

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. NGD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Blockchain Technology ETF (BLOK) and New Gold Inc. (NGD). 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	NGD	Difference
Sharpe ratio: Return per unit of total volatility	0.63	—	—
Sortino ratio: Return per unit of downside risk	1.08	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.69	—	—
Martin ratio: Return relative to average drawdown	1.49	—	—

Drawdowns

Drawdown Indicators

	BLOK	NGD	Difference
Max Drawdown Largest peak-to-trough decline	-73.33%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-35.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-35.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-73.33%	—	—
Current Drawdown Current decline from peak	-12.97%	—	—
Average Drawdown Average peak-to-trough decline	-26.03%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	16.41%	—	—

Volatility

Volatility by Period

	BLOK	NGD	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	39.18%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.53%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.05%	—	—

Dividends

BLOK vs. NGD - Dividend Comparison

BLOK's dividend yield for the trailing twelve months is around 0.64%, while NGD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Blockchain Technology ETF	0.64%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%
NGD New Gold Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BLOK and NGD in my portfolio?

BLOK and NGD have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.