Correlation
The correlation between BNXG.DE and BLOK is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
BNXG.DE vs. BLOK
Compare and contrast key facts about Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) and Amplify Transformational Data Sharing ETF (BLOK).
BNXG.DE and BLOK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNXG.DE is a passively managed fund by Invesco that tracks the performance of the CoinShares Blockchain Global Equity. It was launched on Mar 8, 2019. BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNXG.DE or BLOK.
Performance
BNXG.DE vs. BLOK - Performance Comparison
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Key characteristics
BNXG.DE:
0.45
BLOK:
1.17
BNXG.DE:
0.93
BLOK:
1.71
BNXG.DE:
1.12
BLOK:
1.21
BNXG.DE:
0.54
BLOK:
1.21
BNXG.DE:
1.32
BLOK:
4.00
BNXG.DE:
15.77%
BLOK:
12.77%
BNXG.DE:
42.31%
BLOK:
45.81%
BNXG.DE:
-57.23%
BLOK:
-73.33%
BNXG.DE:
-15.71%
BLOK:
-8.92%
Returns By Period
In the year-to-date period, BNXG.DE achieves a -1.65% return, which is significantly lower than BLOK's 12.02% return.
BNXG.DE
-1.65%
12.04%
-12.09%
20.80%
11.23%
18.31%
N/A
BLOK
12.02%
15.30%
1.88%
54.67%
30.94%
25.61%
N/A
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BNXG.DE vs. BLOK - Expense Ratio Comparison
BNXG.DE has a 0.65% expense ratio, which is lower than BLOK's 0.71% expense ratio.
Risk-Adjusted Performance
BNXG.DE vs. BLOK — Risk-Adjusted Performance Rank
BNXG.DE
BLOK
BNXG.DE vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) and Amplify Transformational Data Sharing ETF (BLOK). 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.
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Dividends
BNXG.DE vs. BLOK - Dividend Comparison
BNXG.DE has not paid dividends to shareholders, while BLOK's dividend yield for the trailing twelve months is around 5.35%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
BNXG.DE Invesco CoinShares Global Blockchain UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLOK Amplify Transformational Data Sharing ETF | 5.35% | 6.00% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
Drawdowns
BNXG.DE vs. BLOK - Drawdown Comparison
The maximum BNXG.DE drawdown since its inception was -57.23%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for BNXG.DE and BLOK.
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Volatility
BNXG.DE vs. BLOK - Volatility Comparison
Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) has a higher volatility of 14.83% compared to Amplify Transformational Data Sharing ETF (BLOK) at 13.15%. This indicates that BNXG.DE's price experiences larger fluctuations and is considered to be riskier than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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