BLOX vs. DYLD

Last updated Jun 4, 2026

BLOX (Nicholas Crypto Income ETF) and DYLD (LeaderShares Dynamic Yield ETF) are both exchange-traded funds - BLOX is a Cryptocurrency fund actively managed by Nicholas, while DYLD is a Multisector Bonds fund actively managed by LeaderShares. Both are actively managed. At a 0.20 correlation, their price movements are largely independent. BLOX charges 1.03%/yr vs 0.75%/yr for DYLD.

Performance

BLOX vs. DYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Crypto Income ETF (BLOX) and LeaderShares Dynamic Yield ETF (DYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLOX achieves a 16.52% return, which is significantly higher than DYLD's 1.00% return.

BLOX

• 1D: -2.56%
• 1M: 10.59%
• YTD: 16.52%
• 6M: 5.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DYLD

• 1D: -0.11%
• 1M: 0.42%
• YTD: 1.00%
• 6M: 1.18%
• 1Y: 4.12%
• 3Y*: 4.47%
• 5Y*: —
• 10Y*: —

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

BLOX vs. DYLD - Yearly Performance Comparison

	2026 (YTD)	2025
BLOX Nicholas Crypto Income ETF	16.52%	9.24%
DYLD LeaderShares Dynamic Yield ETF	1.00%	2.91%

Correlation

The correlation between BLOX and DYLD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.20

Return for Risk

BLOX vs. DYLD — Risk / Return Rank

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

DYLD

DYLD Risk / Return Rank: 56
DYLD Sharpe Ratio Rank: 49
DYLD Sortino Ratio Rank: 52
DYLD Omega Ratio Rank: 52
DYLD Calmar Ratio Rank: 63
DYLD Martin Ratio Rank: 63

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.

BLOX vs. DYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Crypto Income ETF (BLOX) and LeaderShares Dynamic Yield ETF (DYLD). 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.

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

Sharpe Ratios by Period

	BLOX	DYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.26	+0.28

Drawdowns

BLOX vs. DYLD - Drawdown Comparison

The maximum BLOX drawdown since its inception was -47.09%, which is greater than DYLD's maximum drawdown of -15.03%. Use the drawdown chart below to compare losses from any high point for BLOX and DYLD.

Drawdown Indicators

	BLOX	DYLD	Difference
Max Drawdown Largest peak-to-trough decline	-47.09%	-15.03%	-32.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.40%	—
Current Drawdown Current decline from peak	-19.45%	-0.11%	-19.34%
Average Drawdown Average peak-to-trough decline	-18.53%	-5.18%	-13.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.36%	—

Volatility

Volatility by Period

	BLOX	DYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	53.44%	2.47%	+50.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.44%	4.39%	+49.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.44%	4.39%	+49.05%

BLOX vs. DYLD - Expense Ratio Comparison

BLOX has a 1.03% expense ratio, which is higher than DYLD's 0.75% expense ratio.

Dividends

BLOX vs. DYLD - Dividend Comparison

BLOX's dividend yield for the trailing twelve months is around 36.81%, more than DYLD's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021
BLOX Nicholas Crypto Income ETF	36.81%	22.69%	0.00%	0.00%	0.00%	0.00%
DYLD LeaderShares Dynamic Yield ETF	4.33%	4.20%	4.58%	3.43%	1.54%	1.02%

Frequently Asked Questions

Can I hold both BLOX and DYLD in my portfolio?

BLOX and DYLD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLOX or DYLD?

On fees, DYLD is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLOX or DYLD?

DYLD is cheaper with a 0.75% expense ratio, compared with 1.03% for BLOX.

Which ETF pays a higher dividend yield, BLOX or DYLD?

BLOX has the higher dividend yield at 36.81%, compared with 4.33% for DYLD.

What is the main difference between BLOX and DYLD?

BLOX is categorized as Cryptocurrency, while DYLD is Multisector Bonds. They also come from different issuers: Nicholas and LeaderShares. Their fees differ too: 1.03% for BLOX and 0.75% for DYLD.