COAGX vs. BLOX

Last updated Jun 5, 2026

COAGX (Caldwell & Orkin - Gator Capital Long/Short Fund) and BLOX (Nicholas Crypto Income ETF) are both funds - COAGX is a Long-Short fund managed by Caldwell & Orkin, while BLOX is a Cryptocurrency fund actively managed by Nicholas. At a 0.27 correlation, their price movements are largely independent. COAGX charges 2.00%/yr vs 1.03%/yr for BLOX.

Performance

COAGX vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COAGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: -0.80%
• 1M: 5.80%
• YTD: 15.59%
• 6M: 2.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COAGX vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
COAGX Caldwell & Orkin - Gator Capital Long/Short Fund	3.61%	13.47%
BLOX Nicholas Crypto Income ETF	15.59%	9.24%

Correlation

The correlation between COAGX and BLOX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.27

Return for Risk

COAGX vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Nicholas Crypto Income ETF (BLOX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COAGX	BLOX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.52	—

Drawdowns

Drawdown Indicators

	COAGX	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	—	-47.09%	—
Current Drawdown Current decline from peak	—	-20.09%	—
Average Drawdown Average peak-to-trough decline	—	-18.53%	—

Volatility

Volatility by Period

	COAGX	BLOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	53.34%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	53.34%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	53.34%	—

COAGX vs. BLOX - Expense Ratio Comparison

COAGX has a 2.00% expense ratio, which is higher than BLOX's 1.03% expense ratio.

Dividends

COAGX vs. BLOX - Dividend Comparison

COAGX has not paid dividends to shareholders, while BLOX's dividend yield for the trailing twelve months is around 37.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLOX Nicholas Crypto Income ETF	37.11%	22.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
COAGX Caldwell & Orkin - Gator Capital Long/Short Fund	0.00%	0.00%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.81%

Frequently Asked Questions

Can I hold both COAGX and BLOX in my portfolio?

COAGX and BLOX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.