GNOM.L vs. BKCG.L

Last updated Jul 16, 2026

GNOM.L (Global X Genomics & Biotechnology UCITS ETF) and BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) are both exchange-traded funds - GNOM.L is a Health & Biotech Equities fund tracking the Global X Genomics & Biotechnology UCITS ETF, while BKCG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, GNOM.L returned 4.58%/yr vs 24.00%/yr for BKCG.L. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.

Performance

GNOM.L vs. BKCG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Genomics & Biotechnology UCITS ETF (GNOM.L) and Global X Blockchain UCITS ETF USD Accumulating (BKCG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GNOM.L is traded in USD, while BKCG.L is traded in GBP. To make them comparable, the BKCG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GNOM.L achieves a 22.10% return, which is significantly higher than BKCG.L's 6.65% return.

GNOM.L

• 1D: -0.17%
• 1M: 11.69%
• 6M: 15.71%
• YTD: 22.10%
• 1Y: 62.79%
• 3Y*: 4.58%
• 5Y*: —
• 10Y*: —

BKCG.L

• 1D: 0.00%
• 1M: -22.76%
• 6M: -16.29%
• YTD: 6.65%
• 1Y: 27.92%
• 3Y*: 24.00%
• 5Y*: —
• 10Y*: —

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

GNOM.L vs. BKCG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GNOM.L Global X Genomics & Biotechnology UCITS ETF	22.10%	19.30%	-17.99%	-5.77%	-15.87%
BKCG.L Global X Blockchain UCITS ETF USD Accumulating	6.65%	32.45%	5.20%	329.79%	-79.76%

Correlation

The correlation between GNOM.L and BKCG.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jan 25, 2022	0.49

The correlation between GNOM.L and BKCG.L shifts across timeframes, from 0.35 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GNOM.L vs. BKCG.L — Risk / Return Rank

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

GNOM.L

GNOM.L Risk / Return Rank: 77
GNOM.L Sharpe Ratio Rank: 83
GNOM.L Sortino Ratio Rank: 83
GNOM.L Omega Ratio Rank: 73
GNOM.L Calmar Ratio Rank: 80
GNOM.L Martin Ratio Rank: 64

BKCG.L

BKCG.L Risk / Return Rank: 18
BKCG.L Sharpe Ratio Rank: 16
BKCG.L Sortino Ratio Rank: 22
BKCG.L Omega Ratio Rank: 20
BKCG.L Calmar Ratio Rank: 17
BKCG.L 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.

GNOM.L vs. BKCG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Genomics & Biotechnology UCITS ETF (GNOM.L) and Global X Blockchain UCITS ETF USD Accumulating (BKCG.L). 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.

	GNOM.L	BKCG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.12	0.40	+1.72
Sortino ratio: Return per unit of downside risk	2.97	1.02	+1.95
Omega ratio: Gain probability vs. loss probability	1.34	1.12	+0.22
Calmar ratio: Return relative to maximum drawdown	3.35	0.51	+2.83
Martin ratio: Return relative to average drawdown	9.16	0.88	+8.28

GNOM.L vs. BKCG.L - Sharpe Ratio Comparison

The current GNOM.L Sharpe Ratio is 2.12, which is higher than the BKCG.L Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of GNOM.L and BKCG.L, 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

GNOM.L vs. BKCG.L - Drawdown Comparison

The maximum GNOM.L drawdown since its inception was -69.32%, smaller than the maximum BKCG.L drawdown of -84.44%. Use the drawdown chart below to compare losses from any high point for GNOM.L and BKCG.L.

Drawdown Indicators

	GNOM.L	BKCG.L	Difference
Max Drawdown Largest peak-to-trough decline	-69.32%	-84.44%	+15.12%
Max Drawdown (1Y) Largest decline over 1 year	-18.91%	-54.70%	+35.79%
Max Drawdown (3Y) Largest decline over 3 years	-44.77%	-57.47%	+12.70%
Current Drawdown Current decline from peak	-37.11%	-41.40%	+4.29%
Average Drawdown Average peak-to-trough decline	-47.16%	-45.17%	-1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.92%	31.73%	-24.81%

Volatility

GNOM.L vs. BKCG.L - Volatility Comparison

The current volatility for Global X Genomics & Biotechnology UCITS ETF (GNOM.L) is 8.41%, while Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a volatility of 14.73%. This indicates that GNOM.L experiences smaller price fluctuations and is considered to be less risky than BKCG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GNOM.L	BKCG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.41%	14.73%	-6.32%
Volatility (6M) Calculated over the trailing 6-month period	22.18%	47.17%	-24.99%
Volatility (1Y) Calculated over the trailing 1-year period	29.87%	70.58%	-40.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.11%	75.82%	-42.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.11%	75.82%	-42.71%

GNOM.L vs. BKCG.L - Expense Ratio Comparison

Both GNOM.L and BKCG.L have an expense ratio of 0.50%.

Dividends

GNOM.L vs. BKCG.L - Dividend Comparison

Neither GNOM.L nor BKCG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GNOM.L and BKCG.L in my portfolio?

GNOM.L and BKCG.L have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GNOM.L or BKCG.L?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GNOM.L or BKCG.L?

GNOM.L and BKCG.L have the same expense ratio: 0.50% per year.

What is the main difference between GNOM.L and BKCG.L?

GNOM.L is categorized as Health & Biotech Equities, while BKCG.L is Technology Equities. GNOM.L tracks Global X Genomics & Biotechnology UCITS ETF, while BKCG.L tracks MSCI World/Information Tech NR USD.