BNXG.DE vs. ETLH.DE
BNXG.DE (Invesco CoinShares Global Blockchain UCITS ETF Acc) and ETLH.DE (L&G Ecommerce Logistics UCITS ETF) are both Technology Equities funds - BNXG.DE tracks the CoinShares Blockchain Global Equity while ETLH.DE tracks the Solactive eCommerce Logistics. Both are passively managed. Over the past 5 years, BNXG.DE returned 12.34%/yr vs 2.34%/yr for ETLH.DE. A 0.60 correlation means they provide meaningful diversification when combined. BNXG.DE charges 0.65%/yr vs 0.49%/yr for ETLH.DE.
Performance
BNXG.DE vs. ETLH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BNXG.DE achieves a 25.60% return, which is significantly higher than ETLH.DE's 0.49% return.
BNXG.DE
- 1D
- -2.38%
- 1M
- 4.50%
- YTD
- 25.60%
- 6M
- 18.37%
- 1Y
- 54.31%
- 3Y*
- 42.07%
- 5Y*
- 12.34%
- 10Y*
- —
ETLH.DE
- 1D
- 1.09%
- 1M
- 4.11%
- YTD
- 0.49%
- 6M
- 1.45%
- 1Y
- 4.62%
- 3Y*
- 5.96%
- 5Y*
- 2.34%
- 10Y*
- —
BNXG.DE vs. ETLH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BNXG.DE Invesco CoinShares Global Blockchain UCITS ETF Acc | 25.60% | 30.08% | 24.44% | 61.89% | -49.28% | 37.62% | 73.64% | 15.23% |
ETLH.DE L&G Ecommerce Logistics UCITS ETF | 0.49% | -0.43% | 8.79% | 17.72% | -16.87% | 27.97% | 30.38% | 13.67% |
Correlation
The correlation between BNXG.DE and ETLH.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2019 | 0.60 |
The correlation between BNXG.DE and ETLH.DE shifts across timeframes, from 0.50 (1 year) to 0.60 (all time), 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
BNXG.DE vs. ETLH.DE — Risk / Return Rank
BNXG.DE
ETLH.DE
BNXG.DE vs. ETLH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) and L&G Ecommerce Logistics UCITS ETF (ETLH.DE). 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.
| BNXG.DE | ETLH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.06 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 0.37 | +1.55 |
| Martin ratioReturn relative to average drawdown | 3.89 | 0.96 | +2.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BNXG.DE | ETLH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 0.32 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.14 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.56 | +0.10 |
Drawdowns
BNXG.DE vs. ETLH.DE - Drawdown Comparison
The maximum BNXG.DE drawdown since its inception was -57.23%, which is greater than ETLH.DE's maximum drawdown of -27.60%. Use the drawdown chart below to compare losses from any high point for BNXG.DE and ETLH.DE.
Loading charts...
Drawdown Indicators
| BNXG.DE | ETLH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.23% | -27.60% | -29.63% |
Max Drawdown (1Y)Largest decline over 1 year | -29.72% | -12.61% | -17.11% |
Max Drawdown (3Y)Largest decline over 3 years | -38.54% | -25.70% | -12.84% |
Max Drawdown (5Y)Largest decline over 5 years | -57.23% | -26.37% | -30.86% |
Current DrawdownCurrent decline from peak | -4.77% | -7.50% | +2.73% |
Average DrawdownAverage peak-to-trough decline | -21.04% | -8.28% | -12.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.69% | 4.89% | +9.80% |
Volatility
BNXG.DE vs. ETLH.DE - Volatility Comparison
Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) has a higher volatility of 9.95% compared to L&G Ecommerce Logistics UCITS ETF (ETLH.DE) at 4.00%. This indicates that BNXG.DE's price experiences larger fluctuations and is considered to be riskier than ETLH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BNXG.DE | ETLH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.95% | 4.00% | +5.95% |
Volatility (6M)Calculated over the trailing 6-month period | 25.00% | 10.62% | +14.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.88% | 14.85% | +25.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.22% | 16.60% | +19.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.37% | 17.49% | +17.88% |
BNXG.DE vs. ETLH.DE - Expense Ratio Comparison
BNXG.DE has a 0.65% expense ratio, which is higher than ETLH.DE's 0.49% expense ratio.
Dividends
BNXG.DE vs. ETLH.DE - Dividend Comparison
Neither BNXG.DE nor ETLH.DE has paid dividends to shareholders.
Frequently Asked Questions
BNXG.DE and ETLH.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ETLH.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ETLH.DE is cheaper with a 0.49% expense ratio, compared with 0.65% for BNXG.DE.
BNXG.DE tracks CoinShares Blockchain Global Equity, while ETLH.DE tracks Solactive eCommerce Logistics. They also come from different issuers: Invesco and Legal & General. Their fees differ too: 0.65% for BNXG.DE and 0.49% for ETLH.DE.
Find the right allocation for BNXG.DE and ETLH.DE
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