FDIG vs. BLOK

Last updated Jun 25, 2026

FDIG (Fidelity Crypto Industry and Digital Payments ETF) and BLOK (Amplify Blockchain Technology ETF) are both Blockchain funds. FDIG is passively managed, while BLOK is actively managed. Over the past 3 years, FDIG returned 34.92%/yr vs 46.97%/yr for BLOK. Their correlation of 0.94 suggests significant overlap in exposure. FDIG charges 0.39%/yr vs 0.70%/yr for BLOK.

Performance

FDIG vs. BLOK - Performance Comparison

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

Returns By Period

In the year-to-date period, FDIG achieves a 13.52% return, which is significantly higher than BLOK's 11.81% return.

FDIG

• 1D: -3.39%
• 1M: -2.75%
• YTD: 13.52%
• 6M: 7.36%
• 1Y: 31.51%
• 3Y*: 34.92%
• 5Y*: —
• 10Y*: —

BLOK

• 1D: -2.57%
• 1M: -0.48%
• YTD: 11.81%
• 6M: 6.97%
• 1Y: 19.17%
• 3Y*: 46.97%
• 5Y*: 11.48%
• 10Y*: —

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

FDIG vs. BLOK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FDIG Fidelity Crypto Industry and Digital Payments ETF	13.52%	19.92%	18.41%	166.00%	-59.37%
BLOK Amplify Blockchain Technology ETF	11.81%	32.64%	53.12%	99.62%	-49.47%

Correlation

The correlation between FDIG and BLOK is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (All Time) Calculated using the full available price history since Apr 21, 2022	0.94

The correlation between FDIG and BLOK has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

FDIG vs. BLOK - Sectors Allocation Comparison

Sectors	FDIG	BLOK
Financial Services	56.8%	60.4%
Technology	39.0%	28.3%
Utilities	1.6%	-
Industrials	1.5%	1.0%
Communication Services	0.7%	3.1%
Consumer Cyclical	0.4%	6.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	0.0%

Return for Risk

FDIG vs. BLOK — Risk / Return Rank

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

FDIG

FDIG Risk / Return Rank: 19
FDIG Sharpe Ratio Rank: 20
FDIG Sortino Ratio Rank: 22
FDIG Omega Ratio Rank: 21
FDIG Calmar Ratio Rank: 17
FDIG Martin Ratio Rank: 15

BLOK

BLOK Risk / Return Rank: 16
BLOK Sharpe Ratio Rank: 17
BLOK Sortino Ratio Rank: 18
BLOK Omega Ratio Rank: 18
BLOK Calmar Ratio Rank: 15
BLOK Martin Ratio Rank: 14

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.

FDIG vs. BLOK - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDIG	BLOK	Difference
Sharpe ratio: Return per unit of total volatility	0.63	0.49	+0.13
Sortino ratio: Return per unit of downside risk	1.16	0.92	+0.24
Omega ratio: Gain probability vs. loss probability	1.13	1.11	+0.02
Calmar ratio: Return relative to maximum drawdown	0.68	0.54	+0.14
Martin ratio: Return relative to average drawdown	1.28	1.16	+0.11

FDIG vs. BLOK - Sharpe Ratio Comparison

The current FDIG Sharpe Ratio is 0.63, which is comparable to the BLOK Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FDIG and BLOK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDIG vs. BLOK - Drawdown Comparison

The maximum FDIG drawdown since its inception was -61.35%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for FDIG and BLOK.

Drawdown Indicators

	FDIG	BLOK	Difference
Max Drawdown Largest peak-to-trough decline	-61.35%	-73.33%	+11.98%
Max Drawdown (1Y) Largest decline over 1 year	-46.69%	-35.64%	-11.05%
Max Drawdown (3Y) Largest decline over 3 years	-49.66%	-35.64%	-14.02%
Max Drawdown (5Y) Largest decline over 5 years	—	-73.33%	—
Current Drawdown Current decline from peak	-24.82%	-13.56%	-11.26%
Average Drawdown Average peak-to-trough decline	-27.48%	-25.98%	-1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.74%	16.50%	+8.24%

Volatility

FDIG vs. BLOK - Volatility Comparison

Fidelity Crypto Industry and Digital Payments ETF (FDIG) has a higher volatility of 16.04% compared to Amplify Blockchain Technology ETF (BLOK) at 12.70%. This indicates that FDIG'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.

Volatility by Period

	FDIG	BLOK	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.04%	12.70%	+3.34%
Volatility (6M) Calculated over the trailing 6-month period	36.85%	29.56%	+7.29%
Volatility (1Y) Calculated over the trailing 1-year period	50.78%	39.18%	+11.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.91%	42.53%	+18.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.91%	39.03%	+21.88%

FDIG vs. BLOK - Expense Ratio Comparison

FDIG has a 0.39% expense ratio, which is lower than BLOK's 0.70% expense ratio.

Dividends

FDIG vs. BLOK - Dividend Comparison

FDIG's dividend yield for the trailing twelve months is around 1.44%, more than BLOK's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Blockchain Technology ETF	0.64%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%
FDIG Fidelity Crypto Industry and Digital Payments ETF	1.44%	1.14%	1.17%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDIG and BLOK in my portfolio?

With a correlation of 0.96, FDIG and BLOK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDIG or BLOK?

FDIG has higher volatility (16.04%) compared to BLOK (12.70%). In terms of maximum drawdown, FDIG dropped -61.35% vs BLOK's -73.33%.

Which ETF is better, FDIG or BLOK?

On 3-year performance, BLOK leads with 46.97% vs 34.92% for FDIG. On fees, FDIG is cheaper at 0.39% per year. On volatility, BLOK has been the lower-risk option at 12.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIG or BLOK?

Over the 3-year period, BLOK has performed better with a 46.97% return vs 34.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIG or BLOK?

FDIG is cheaper with a 0.39% expense ratio, compared with 0.70% for BLOK.

Which ETF pays a higher dividend yield, FDIG or BLOK?

FDIG has the higher dividend yield at 1.44%, compared with 0.64% for BLOK.

What is the main difference between FDIG and BLOK?

They also come from different issuers: Fidelity and Amplify. Their fees differ too: 0.39% for FDIG and 0.70% for BLOK.

Which has better risk-adjusted returns?

FDIG currently has the higher Sharpe Ratio (0.63 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.