BNXG.DE vs. ZPDT.DE
BNXG.DE (Invesco CoinShares Global Blockchain UCITS ETF Acc) and ZPDT.DE (SPDR S&P US Technology Select Sector UCITS ETF) are both Technology Equities funds - BNXG.DE tracks the CoinShares Blockchain Global Equity while ZPDT.DE tracks the S&P Technology Select Sector. Both are passively managed. Over the past 5 years, BNXG.DE returned 12.34%/yr vs 22.38%/yr for ZPDT.DE. A 0.62 correlation means they provide meaningful diversification when combined. BNXG.DE charges 0.65%/yr vs 0.15%/yr for ZPDT.DE.
Performance
BNXG.DE vs. ZPDT.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 ZPDT.DE's 24.09% return.
BNXG.DE
- 1D
- -2.38%
- 1M
- 9.75%
- YTD
- 25.60%
- 6M
- 16.57%
- 1Y
- 57.31%
- 3Y*
- 42.07%
- 5Y*
- 12.34%
- 10Y*
- —
ZPDT.DE
- 1D
- -2.28%
- 1M
- 13.81%
- YTD
- 24.09%
- 6M
- 23.15%
- 1Y
- 49.52%
- 3Y*
- 26.33%
- 5Y*
- 22.38%
- 10Y*
- 24.05%
BNXG.DE vs. ZPDT.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% |
ZPDT.DE SPDR S&P US Technology Select Sector UCITS ETF | 24.09% | 11.31% | 29.30% | 52.02% | -25.52% | 47.48% | 30.46% | 27.91% |
Correlation
The correlation between BNXG.DE and ZPDT.DE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2019 | 0.62 |
The correlation between BNXG.DE and ZPDT.DE has been stable across timeframes, ranging from 0.56 to 0.63 - a consistent structural relationship.
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. ZPDT.DE — Risk / Return Rank
BNXG.DE
ZPDT.DE
BNXG.DE vs. ZPDT.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 SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.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 | ZPDT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 3.19 | -1.27 |
| Martin ratioReturn relative to average drawdown | 3.89 | 8.35 | -4.46 |
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 | ZPDT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 2.43 | -1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.99 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.12 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 1.03 | -0.37 |
Drawdowns
BNXG.DE vs. ZPDT.DE - Drawdown Comparison
The maximum BNXG.DE drawdown since its inception was -57.23%, which is greater than ZPDT.DE's maximum drawdown of -31.48%. Use the drawdown chart below to compare losses from any high point for BNXG.DE and ZPDT.DE.
Loading charts...
Drawdown Indicators
| BNXG.DE | ZPDT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.23% | -31.48% | -25.75% |
Max Drawdown (1Y)Largest decline over 1 year | -29.72% | -15.47% | -14.25% |
Max Drawdown (3Y)Largest decline over 3 years | -38.54% | -29.50% | -9.04% |
Max Drawdown (5Y)Largest decline over 5 years | -57.23% | -29.50% | -27.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.48% | — |
Current DrawdownCurrent decline from peak | -4.77% | -3.09% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -21.04% | -5.68% | -15.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.69% | 5.91% | +8.78% |
Volatility
BNXG.DE vs. ZPDT.DE - Volatility Comparison
Invesco CoinShares Global Blockchain UCITS ETF Acc (BNXG.DE) has a higher volatility of 9.95% compared to SPDR S&P US Technology Select Sector UCITS ETF (ZPDT.DE) at 7.06%. This indicates that BNXG.DE's price experiences larger fluctuations and is considered to be riskier than ZPDT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BNXG.DE | ZPDT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.95% | 7.06% | +2.89% |
Volatility (6M)Calculated over the trailing 6-month period | 25.00% | 14.78% | +10.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.88% | 20.30% | +19.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.22% | 22.33% | +13.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.37% | 21.38% | +13.99% |
BNXG.DE vs. ZPDT.DE - Expense Ratio Comparison
BNXG.DE has a 0.65% expense ratio, which is higher than ZPDT.DE's 0.15% expense ratio.
Dividends
BNXG.DE vs. ZPDT.DE - Dividend Comparison
Neither BNXG.DE nor ZPDT.DE has paid dividends to shareholders.
Frequently Asked Questions
BNXG.DE and ZPDT.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZPDT.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDT.DE is cheaper with a 0.15% expense ratio, compared with 0.65% for BNXG.DE.
BNXG.DE tracks CoinShares Blockchain Global Equity, while ZPDT.DE tracks S&P Technology Select Sector. They also come from different issuers: Invesco and State Street. Their fees differ too: 0.65% for BNXG.DE and 0.15% for ZPDT.DE.
Find the right allocation for BNXG.DE and ZPDT.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