BLOX vs. SCHD

Last updated Jul 15, 2026

BLOX (Nicholas Crypto Income ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - BLOX is a Cryptocurrency fund actively managed by Nicholas, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. BLOX is actively managed, while SCHD is passively managed. Over the past year, BLOX returned -9.66% vs 22.24% for SCHD. At a 0.13 correlation, their price movements are largely independent. BLOX charges 1.03%/yr vs 0.06%/yr for SCHD.

Performance

BLOX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Crypto Income ETF (BLOX) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLOX achieves a -1.51% return, which is significantly lower than SCHD's 19.32% return.

BLOX

• 1D: 0.93%
• 1M: -12.07%
• 6M: -15.20%
• YTD: -1.51%
• 1Y: -9.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHD

• 1D: -1.11%
• 1M: -1.11%
• 6M: 14.36%
• YTD: 19.32%
• 1Y: 22.24%
• 3Y*: 13.71%
• 5Y*: 8.71%
• 10Y*: 12.21%

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

BLOX vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025
BLOX Nicholas Crypto Income ETF	-1.51%	8.17%
SCHD Schwab U.S. Dividend Equity ETF	19.32%	4.95%

Correlation

The correlation between BLOX and SCHD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.13

Return for Risk

BLOX vs. SCHD — Risk / Return Rank

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

BLOX

BLOX Risk / Return Rank: 8
BLOX Sharpe Ratio Rank: 7
BLOX Sortino Ratio Rank: 9
BLOX Omega Ratio Rank: 9
BLOX Calmar Ratio Rank: 7
BLOX Martin Ratio Rank: 7

SCHD

SCHD Risk / Return Rank: 83
SCHD Sharpe Ratio Rank: 81
SCHD Sortino Ratio Rank: 87
SCHD Omega Ratio Rank: 77
SCHD Calmar Ratio Rank: 92
SCHD Martin Ratio Rank: 79

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. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Crypto Income ETF (BLOX) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

	BLOX	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	2.04	-2.21
Sortino ratio: Return per unit of downside risk	0.12	3.12	-3.00
Omega ratio: Gain probability vs. loss probability	1.01	1.36	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.21	4.84	-5.05
Martin ratio: Return relative to average drawdown	-0.40	11.83	-12.22

BLOX vs. SCHD - Sharpe Ratio Comparison

The current BLOX Sharpe Ratio is -0.18, which is lower than the SCHD Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of BLOX and SCHD, 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

BLOX vs. SCHD - Drawdown Comparison

The maximum BLOX drawdown since its inception was -47.09%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BLOX and SCHD.

Drawdown Indicators

	BLOX	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-47.09%	-33.37%	-13.72%
Max Drawdown (1Y) Largest decline over 1 year	-47.09%	-4.61%	-42.48%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-31.91%	-1.14%	-30.77%
Average Drawdown Average peak-to-trough decline	-19.17%	-3.31%	-15.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.41%	1.89%	+22.52%

Volatility

BLOX vs. SCHD - Volatility Comparison

Nicholas Crypto Income ETF (BLOX) has a higher volatility of 12.40% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.64%. This indicates that BLOX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLOX	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.40%	3.64%	+8.76%
Volatility (6M) Calculated over the trailing 6-month period	40.81%	7.79%	+33.02%
Volatility (1Y) Calculated over the trailing 1-year period	54.49%	10.97%	+43.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.55%	14.37%	+39.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.55%	16.70%	+36.85%

BLOX vs. SCHD - Expense Ratio Comparison

BLOX has a 1.03% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

BLOX vs. SCHD - Dividend Comparison

BLOX's dividend yield for the trailing twelve months is around 48.13%, more than SCHD's 3.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLOX Nicholas Crypto Income ETF	48.13%	22.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.25%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both BLOX and SCHD in my portfolio?

BLOX and SCHD have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BLOX or SCHD?

BLOX has higher volatility (12.40%) compared to SCHD (3.64%). In terms of maximum drawdown, BLOX dropped -47.09% vs SCHD's -33.37%.

Which ETF is better, BLOX or SCHD?

On 1-year performance, SCHD leads with 22.24% vs -9.66% for BLOX. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BLOX or SCHD?

Over the 1-year period, SCHD has performed better with a 22.24% return vs -9.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BLOX or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 1.03% for BLOX.

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

BLOX has the higher dividend yield at 48.13%, compared with 3.25% for SCHD.

What is the main difference between BLOX and SCHD?

BLOX is categorized as Cryptocurrency, while SCHD is Dividend. They also come from different issuers: Nicholas and Charles Schwab. Their fees differ too: 1.03% for BLOX and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.04 vs -0.18), 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.