BLOK vs. TLT
BLOK (Amplify Blockchain Technology ETF) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - BLOK is a Blockchain fund actively managed by Amplify, while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. BLOK is actively managed, while TLT is passively managed. Over the past 5 years, BLOK returned 11.50%/yr vs -6.53%/yr for TLT. At a correlation of -0.05, they often move in opposite directions. BLOK charges 0.70%/yr vs 0.15%/yr for TLT.
Performance
BLOK vs. TLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BLOK achieves a 12.57% return, which is significantly higher than TLT's 0.27% return.
BLOK
- 1D
- 1.33%
- 1M
- -2.27%
- YTD
- 12.57%
- 6M
- 5.60%
- 1Y
- 26.82%
- 3Y*
- 50.68%
- 5Y*
- 11.50%
- 10Y*
- —
TLT
- 1D
- -0.24%
- 1M
- 1.40%
- YTD
- 0.27%
- 6M
- 0.45%
- 1Y
- 3.88%
- 3Y*
- -1.38%
- 5Y*
- -6.53%
- 10Y*
- -1.75%
BLOK vs. TLT - 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% |
TLT iShares 20+ Year Treasury Bond ETF | 0.27% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -0.18% |
Correlation
The correlation between BLOK and TLT is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018 | -0.05 |
The correlation between BLOK and TLT shifts across timeframes, from -0.05 (all time) to 0.13 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BLOK vs. TLT — Risk / Return Rank
BLOK
TLT
BLOK vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Blockchain Technology ETF (BLOK) and iShares 20+ Year Treasury Bond ETF (TLT). 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 | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.06 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 0.38 | +0.31 |
| Martin ratioReturn relative to average drawdown | 1.49 | 0.92 | +0.57 |
Loading charts...
Drawdowns
BLOK vs. TLT - Drawdown Comparison
The maximum BLOK drawdown since its inception was -73.33%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for BLOK and TLT.
Loading charts...
Drawdown Indicators
| BLOK | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.33% | -48.35% | -24.98% |
Max Drawdown (1Y)Largest decline over 1 year | -35.64% | -7.58% | -28.06% |
Max Drawdown (3Y)Largest decline over 3 years | -35.64% | -19.18% | -16.46% |
Max Drawdown (5Y)Largest decline over 5 years | -73.33% | -43.70% | -29.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.35% | — |
Current DrawdownCurrent decline from peak | -12.97% | -40.12% | +27.15% |
Average DrawdownAverage peak-to-trough decline | -26.03% | -13.84% | -12.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.41% | 3.14% | +13.27% |
Volatility
BLOK vs. TLT - Volatility Comparison
Amplify Blockchain Technology ETF (BLOK) has a higher volatility of 13.34% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 2.83%. This indicates that BLOK's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BLOK | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.34% | 2.83% | +10.51% |
Volatility (6M)Calculated over the trailing 6-month period | 30.02% | 6.64% | +23.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.18% | 9.68% | +29.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.53% | 15.85% | +26.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.05% | 14.91% | +24.14% |
BLOK vs. TLT - Expense Ratio Comparison
BLOK has a 0.70% expense ratio, which is higher than TLT's 0.15% expense ratio.
Dividends
BLOK vs. TLT - Dividend Comparison
BLOK's dividend yield for the trailing twelve months is around 0.64%, less than TLT's 4.56% 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% |
TLT iShares 20+ Year Treasury Bond ETF | 4.56% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
BLOK and TLT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BLOK has higher volatility (13.34%) compared to TLT (2.83%). In terms of maximum drawdown, BLOK dropped -73.33% vs TLT's -48.35%.
On 5-year performance, BLOK leads with 11.50% vs -6.53% for TLT. On fees, TLT is cheaper at 0.15% per year. On volatility, TLT has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, BLOK has performed better with a 11.50% return vs -6.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TLT is cheaper with a 0.15% expense ratio, compared with 0.70% for BLOK.
TLT has the higher dividend yield at 4.56%, compared with 0.64% for BLOK.
BLOK is categorized as Blockchain, while TLT is Government Bonds. They also come from different issuers: Amplify and iShares. Their fees differ too: 0.70% for BLOK and 0.15% for TLT.
BLOK currently has the higher Sharpe Ratio (0.63 vs 0.30), 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.
Find the right allocation for BLOK and TLT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer