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FDIG vs. BKCH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDIG and BKCH is 0.59, 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

FDIG vs. BKCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Global X Blockchain ETF (BKCH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDIG:

0.18

BKCH:

0.04

Sortino Ratio

FDIG:

0.71

BKCH:

0.63

Omega Ratio

FDIG:

1.08

BKCH:

1.07

Calmar Ratio

FDIG:

0.21

BKCH:

0.04

Martin Ratio

FDIG:

0.46

BKCH:

0.11

Ulcer Index

FDIG:

23.31%

BKCH:

28.29%

Daily Std Dev

FDIG:

60.56%

BKCH:

76.19%

Max Drawdown

FDIG:

-58.32%

BKCH:

-91.80%

Current Drawdown

FDIG:

-35.16%

BKCH:

-70.24%

Returns By Period

In the year-to-date period, FDIG achieves a -15.24% return, which is significantly higher than BKCH's -21.08% return.


FDIG

YTD

-15.24%

1M

13.52%

6M

-22.16%

1Y

10.67%

5Y*

N/A

10Y*

N/A

BKCH

YTD

-21.08%

1M

19.09%

6M

-30.39%

1Y

2.76%

5Y*

N/A

10Y*

N/A

*Annualized

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FDIG vs. BKCH - Expense Ratio Comparison

FDIG has a 0.39% expense ratio, which is lower than BKCH's 0.50% expense ratio.


Risk-Adjusted Performance

FDIG vs. BKCH — Risk-Adjusted Performance Rank

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

FDIG
The Risk-Adjusted Performance Rank of FDIG is 3838
Overall Rank
The Sharpe Ratio Rank of FDIG is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIG is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FDIG is 4343
Omega Ratio Rank
The Calmar Ratio Rank of FDIG is 3737
Calmar Ratio Rank
The Martin Ratio Rank of FDIG is 2828
Martin Ratio Rank

BKCH
The Risk-Adjusted Performance Rank of BKCH is 2929
Overall Rank
The Sharpe Ratio Rank of BKCH is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of BKCH is 4545
Sortino Ratio Rank
The Omega Ratio Rank of BKCH is 3939
Omega Ratio Rank
The Calmar Ratio Rank of BKCH is 2222
Calmar Ratio Rank
The Martin Ratio Rank of BKCH is 2121
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDIG vs. BKCH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Crypto Industry and Digital Payments ETF (FDIG) and Global X Blockchain ETF (BKCH). 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.


The current FDIG Sharpe Ratio is 0.18, which is higher than the BKCH Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of FDIG and BKCH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FDIG vs. BKCH - Dividend Comparison

FDIG's dividend yield for the trailing twelve months is around 1.38%, less than BKCH's 9.65% yield.


TTM2024202320222021
FDIG
Fidelity Crypto Industry and Digital Payments ETF
1.38%1.17%0.18%0.00%0.00%
BKCH
Global X Blockchain ETF
9.65%7.61%2.33%1.30%4.28%

Drawdowns

FDIG vs. BKCH - Drawdown Comparison

The maximum FDIG drawdown since its inception was -58.32%, smaller than the maximum BKCH drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for FDIG and BKCH. For additional features, visit the drawdowns tool.


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Volatility

FDIG vs. BKCH - Volatility Comparison


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