CAN vs. BLOK
Compare and contrast key facts about Canaan Inc. (CAN) and Amplify Transformational Data Sharing ETF (BLOK).
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: CAN or BLOK.
Correlation
The correlation between CAN and BLOK is 0.61, 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.
Performance
CAN vs. BLOK - Performance Comparison
Key characteristics
CAN:
-0.18
BLOK:
1.31
CAN:
0.60
BLOK:
1.90
CAN:
1.07
BLOK:
1.23
CAN:
-0.23
BLOK:
1.20
CAN:
-0.52
BLOK:
6.32
CAN:
42.58%
BLOK:
8.33%
CAN:
120.55%
BLOK:
40.24%
CAN:
-97.93%
BLOK:
-73.33%
CAN:
-95.41%
BLOK:
-11.43%
Returns By Period
In the year-to-date period, CAN achieves a -18.54% return, which is significantly lower than BLOK's 5.65% return.
CAN
-18.54%
-23.39%
68.35%
-17.73%
-22.25%
N/A
BLOK
5.65%
-6.63%
30.08%
52.32%
23.66%
N/A
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Risk-Adjusted Performance
CAN vs. BLOK — Risk-Adjusted Performance Rank
CAN
BLOK
CAN vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canaan Inc. (CAN) 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.
Dividends
CAN vs. BLOK - Dividend Comparison
CAN has not paid dividends to shareholders, while BLOK's dividend yield for the trailing twelve months is around 5.68%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CAN Canaan Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BLOK Amplify Transformational Data Sharing ETF | 5.68% | 6.00% | 1.15% | 0.00% | 14.31% | 1.88% | 2.05% | 1.30% |
Drawdowns
CAN vs. BLOK - Drawdown Comparison
The maximum CAN drawdown since its inception was -97.93%, which is greater than BLOK's maximum drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for CAN and BLOK. For additional features, visit the drawdowns tool.
Volatility
CAN vs. BLOK - Volatility Comparison
Canaan Inc. (CAN) has a higher volatility of 26.47% compared to Amplify Transformational Data Sharing ETF (BLOK) at 12.67%. This indicates that CAN'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.