ENFR vs. BLKC

Last updated Jun 4, 2026

ENFR (Alerian Energy Infrastructure ETF) and BLKC (Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF) are both exchange-traded funds - ENFR is a Energy Equities fund tracking the Alerian Midstream Energy Select Index, while BLKC is a Cryptocurrency fund tracking the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index. Both are passively managed. At a 0.38 correlation, their price movements are largely independent. ENFR charges 0.35%/yr vs 0.60%/yr for BLKC.

Performance

ENFR vs. BLKC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alerian Energy Infrastructure ETF (ENFR) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ENFR

• 1D: 0.10%
• 1M: -1.01%
• YTD: 24.60%
• 6M: 24.41%
• 1Y: 25.40%
• 3Y*: 27.99%
• 5Y*: 19.91%
• 10Y*: 11.96%

BLKC

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

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

ENFR vs. BLKC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ENFR Alerian Energy Infrastructure ETF	24.60%	5.88%	42.17%	15.63%	17.48%	-3.28%
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	-12.03%	13.79%	46.83%	128.84%	-63.43%	-8.11%

Correlation

The correlation between ENFR and BLKC is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Oct 8, 2021	0.38

Over the past year, the correlation between ENFR and BLKC has dropped to 0.12 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

ENFR vs. BLKC - Sectors Allocation Comparison

Sectors	ENFR	BLKC
Energy	98.8%	1.4%
Industrials	3.4%	2.2%
Utilities	1.0%	-
Financial Services	0.2%	36.7%
Basic Materials	-	-
Communication Services	-	4.5%
Consumer Cyclical	-	7.3%
Consumer Defensive	-	2.6%
Healthcare	-	1.0%
Real Estate	-	-
Technology	-	29.5%

Return for Risk

ENFR vs. BLKC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENFR

ENFR Risk / Return Rank: 50
ENFR Sharpe Ratio Rank: 50
ENFR Sortino Ratio Rank: 48
ENFR Omega Ratio Rank: 47
ENFR Calmar Ratio Rank: 59
ENFR Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENFR vs. BLKC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alerian Energy Infrastructure ETF (ENFR) and Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). 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.

	ENFR	BLKC	Difference
Sharpe ratio: Return per unit of total volatility	1.75	—	—
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.95	—	—
Martin ratio: Return relative to average drawdown	8.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ENFR	BLKC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	—	—

Drawdowns

Drawdown Indicators

	ENFR	BLKC	Difference
Max Drawdown Largest peak-to-trough decline	-68.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-62.64%	—	—
Current Drawdown Current decline from peak	-4.95%	—	—
Average Drawdown Average peak-to-trough decline	-15.98%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	—	—

Volatility

Volatility by Period

	ENFR	BLKC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.64%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.69%	—	—

ENFR vs. BLKC - Expense Ratio Comparison

ENFR has a 0.35% expense ratio, which is lower than BLKC's 0.60% expense ratio.

Dividends

ENFR vs. BLKC - Dividend Comparison

ENFR's dividend yield for the trailing twelve months is around 4.03%, less than BLKC's 4.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF	4.39%	7.72%	19.66%	1.92%	5.40%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ENFR Alerian Energy Infrastructure ETF	4.03%	4.77%	4.41%	5.48%	5.23%	7.86%	7.57%	5.81%	3.98%	2.98%	3.31%	3.34%

Frequently Asked Questions

Can I hold both ENFR and BLKC in my portfolio?

ENFR and BLKC have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ENFR or BLKC?

On fees, ENFR is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ENFR or BLKC?

ENFR is cheaper with a 0.35% expense ratio, compared with 0.60% for BLKC.

Which ETF pays a higher dividend yield, ENFR or BLKC?

BLKC has the higher dividend yield at 4.39%, compared with 4.03% for ENFR.

What is the main difference between ENFR and BLKC?

ENFR is categorized as Energy Equities, while BLKC is Cryptocurrency. ENFR tracks Alerian Midstream Energy Select Index, while BLKC tracks Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts and ETPs Index. They also come from different issuers: SS&C and Invesco. Their fees differ too: 0.35% for ENFR and 0.60% for BLKC.