FINX vs. BLCN

Last updated Jun 23, 2026

FINX (Global X FinTech ETF) and BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) are both exchange-traded funds - FINX is a Technology Equities fund tracking the Indxx Global FinTech Thematic Index, while BLCN is a Large Cap Blend Equities fund tracking the Siren NASDAQ Blockchain Economy Index. Both are passively managed. Over the past 5 years, FINX returned -11.41%/yr vs -9.28%/yr for BLCN. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.68% expense ratio.

Performance

FINX vs. BLCN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X FinTech ETF (FINX) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FINX achieves a -16.85% return, which is significantly lower than BLCN's 12.69% return.

FINX

• 1D: -2.00%
• 1M: -1.40%
• YTD: -16.85%
• 6M: -19.62%
• 1Y: -23.31%
• 3Y*: 5.50%
• 5Y*: -11.41%
• 10Y*: —

BLCN

• 1D: 1.09%
• 1M: 9.96%
• YTD: 12.69%
• 6M: 9.05%
• 1Y: 25.80%
• 3Y*: 9.95%
• 5Y*: -9.28%
• 10Y*: —

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

FINX vs. BLCN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FINX Global X FinTech ETF	-16.85%	-5.20%	23.02%	33.15%	-51.80%	-9.65%	53.76%	37.52%	-4.90%
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	12.69%	-3.69%	5.62%	21.09%	-51.76%	4.86%	60.60%	33.94%	-18.99%

Correlation

The correlation between FINX and BLCN is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018	0.70

Over the past year, the correlation between FINX and BLCN has dropped to 0.49 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

FINX vs. BLCN - Sectors Allocation Comparison

Sectors	FINX	BLCN
Technology	53.0%	25.2%
Financial Services	42.0%	45.0%
Industrials	3.8%	4.6%
Healthcare	1.3%	-
Basic Materials	-	1.3%
Communication Services	-	7.5%
Consumer Cyclical	-	2.4%
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	4.2%

Return for Risk

FINX vs. BLCN — Risk / Return Rank

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

FINX

FINX Risk / Return Rank: 3
FINX Sharpe Ratio Rank: 3
FINX Sortino Ratio Rank: 3
FINX Omega Ratio Rank: 3
FINX Calmar Ratio Rank: 4
FINX Martin Ratio Rank: 3

BLCN

BLCN Risk / Return Rank: 20
BLCN Sharpe Ratio Rank: 21
BLCN Sortino Ratio Rank: 22
BLCN Omega Ratio Rank: 21
BLCN Calmar Ratio Rank: 20
BLCN Martin Ratio Rank: 17

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.

FINX vs. BLCN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). 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.

	FINX	BLCN	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	0.71	-1.49
Sortino ratio: Return per unit of downside risk	-0.96	1.20	-2.16
Omega ratio: Gain probability vs. loss probability	0.89	1.15	-0.26
Calmar ratio: Return relative to maximum drawdown	-0.64	0.88	-1.52
Martin ratio: Return relative to average drawdown	-1.16	1.85	-3.01

FINX vs. BLCN - Sharpe Ratio Comparison

The current FINX Sharpe Ratio is -0.78, which is lower than the BLCN Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of FINX and BLCN, 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

FINX vs. BLCN - Drawdown Comparison

The maximum FINX drawdown since its inception was -63.53%, smaller than the maximum BLCN drawdown of -67.51%. Use the drawdown chart below to compare losses from any high point for FINX and BLCN.

Drawdown Indicators

	FINX	BLCN	Difference
Max Drawdown Largest peak-to-trough decline	-63.53%	-67.51%	+3.98%
Max Drawdown (1Y) Largest decline over 1 year	-36.58%	-29.53%	-7.05%
Max Drawdown (3Y) Largest decline over 3 years	-36.58%	-45.26%	+8.68%
Max Drawdown (5Y) Largest decline over 5 years	-63.53%	-67.51%	+3.98%
Current Drawdown Current decline from peak	-50.28%	-45.31%	-4.97%
Average Drawdown Average peak-to-trough decline	-24.57%	-30.37%	+5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.12%	13.96%	+6.16%

Volatility

FINX vs. BLCN - Volatility Comparison

The current volatility for Global X FinTech ETF (FINX) is 10.45%, while Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a volatility of 13.86%. This indicates that FINX experiences smaller price fluctuations and is considered to be less risky than BLCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FINX	BLCN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.45%	13.86%	-3.41%
Volatility (6M) Calculated over the trailing 6-month period	23.67%	27.35%	-3.68%
Volatility (1Y) Calculated over the trailing 1-year period	29.89%	36.78%	-6.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.56%	35.18%	-3.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.76%	31.30%	-2.54%

FINX vs. BLCN - Expense Ratio Comparison

Both FINX and BLCN have an expense ratio of 0.68%.

Dividends

FINX vs. BLCN - Dividend Comparison

FINX's dividend yield for the trailing twelve months is around 0.70%, less than BLCN's 2.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.67%	3.01%	0.67%	0.54%	1.28%	0.56%	0.58%	1.45%	1.16%	0.00%
FINX Global X FinTech ETF	0.70%	0.58%	0.72%	0.21%	0.27%	5.40%	0.00%	0.00%	0.18%	0.11%

Frequently Asked Questions

Can I hold both FINX and BLCN in my portfolio?

FINX and BLCN have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FINX or BLCN?

BLCN has higher volatility (13.86%) compared to FINX (10.45%). In terms of maximum drawdown, FINX dropped -63.53% vs BLCN's -67.51%.

Which ETF is better, FINX or BLCN?

On 5-year performance, BLCN leads with -9.28% vs -11.41% for FINX. Both ETFs have the same 0.68% expense ratio. On volatility, FINX has been the lower-risk option at 10.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FINX or BLCN?

Over the 5-year period, BLCN has performed better with a -9.28% return vs -11.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FINX or BLCN?

FINX and BLCN have the same expense ratio: 0.68% per year.

Which ETF pays a higher dividend yield, FINX or BLCN?

BLCN has the higher dividend yield at 2.67%, compared with 0.70% for FINX.

What is the main difference between FINX and BLCN?

FINX is categorized as Technology Equities, while BLCN is Large Cap Blend Equities. FINX tracks Indxx Global FinTech Thematic Index, while BLCN tracks Siren NASDAQ Blockchain Economy Index. They also come from different issuers: Global X and SRN Advisors.

Which has better risk-adjusted returns?

BLCN currently has the higher Sharpe Ratio (0.71 vs -0.78), 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.