H3R0.DE vs. BLCH.DE
H3R0.DE (Global X Video Games & Esports UCITS ETF Acc USD) and BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) are both Technology Equities funds from Global X - H3R0.DE tracks the Solactive Video Games & Esports while BLCH.DE tracks the Solactive Blockchain. Both are passively managed. Over the past 3 years, H3R0.DE returned 5.22%/yr vs 56.73%/yr for BLCH.DE. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
H3R0.DE vs. BLCH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, H3R0.DE achieves a -13.47% return, which is significantly lower than BLCH.DE's 32.88% return.
H3R0.DE
- 1D
- -1.69%
- 1M
- -3.75%
- YTD
- -13.47%
- 6M
- -15.95%
- 1Y
- -16.73%
- 3Y*
- 5.22%
- 5Y*
- -4.14%
- 10Y*
- —
BLCH.DE
- 1D
- -4.18%
- 1M
- 10.44%
- YTD
- 32.88%
- 6M
- 11.08%
- 1Y
- 99.86%
- 3Y*
- 56.73%
- 5Y*
- —
- 10Y*
- —
H3R0.DE vs. BLCH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
H3R0.DE Global X Video Games & Esports UCITS ETF Acc USD | -13.47% | 10.28% | 26.09% | 2.50% | -23.97% |
BLCH.DE Global X Blockchain UCITS ETF USD Accumulating | 32.88% | 20.01% | 12.63% | 318.01% | -78.59% |
Correlation
The correlation between H3R0.DE and BLCH.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.48 |
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Return for Risk
H3R0.DE vs. BLCH.DE — Risk / Return Rank
H3R0.DE
BLCH.DE
H3R0.DE vs. BLCH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) and Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE). 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.
| H3R0.DE | BLCH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.21 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.24 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 1.84 | -2.51 |
| Martin ratioReturn relative to average drawdown | -1.24 | 3.38 | -4.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| H3R0.DE | BLCH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.93 | 1.47 | -2.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.27 | 0.15 | -0.42 |
Drawdowns
H3R0.DE vs. BLCH.DE - Drawdown Comparison
The maximum H3R0.DE drawdown since its inception was -48.09%, smaller than the maximum BLCH.DE drawdown of -83.29%. Use the drawdown chart below to compare losses from any high point for H3R0.DE and BLCH.DE.
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Drawdown Indicators
| H3R0.DE | BLCH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.09% | -83.29% | +35.20% |
Max Drawdown (1Y)Largest decline over 1 year | -24.56% | -54.12% | +29.56% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -60.08% | +35.52% |
Max Drawdown (5Y)Largest decline over 5 years | -42.07% | — | — |
Current DrawdownCurrent decline from peak | -31.81% | -24.94% | -6.87% |
Average DrawdownAverage peak-to-trough decline | -29.88% | -44.08% | +14.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.45% | 29.42% | -15.97% |
Volatility
H3R0.DE vs. BLCH.DE - Volatility Comparison
The current volatility for Global X Video Games & Esports UCITS ETF Acc USD (H3R0.DE) is 5.60%, while Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a volatility of 16.11%. This indicates that H3R0.DE experiences smaller price fluctuations and is considered to be less risky than BLCH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| H3R0.DE | BLCH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 16.11% | -10.51% |
Volatility (6M)Calculated over the trailing 6-month period | 14.15% | 46.03% | -31.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.00% | 67.91% | -49.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.38% | 74.21% | -53.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.59% | 74.21% | -53.62% |
H3R0.DE vs. BLCH.DE - Expense Ratio Comparison
Both H3R0.DE and BLCH.DE have an expense ratio of 0.50%.
Dividends
H3R0.DE vs. BLCH.DE - Dividend Comparison
Neither H3R0.DE nor BLCH.DE has paid dividends to shareholders.
Frequently Asked Questions
H3R0.DE and BLCH.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
H3R0.DE and BLCH.DE have the same expense ratio: 0.50% per year.
H3R0.DE tracks Solactive Video Games & Esports, while BLCH.DE tracks Solactive Blockchain.
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