IBLC vs. BFJL
IBLC (iShares Blockchain and Tech ETF) and BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) are both exchange-traded funds - IBLC is a Cryptocurrency fund tracking the ICE FactSet Global Blockchain Technologies Index, while BFJL is a Defined Outcome fund tracking the iShares Bitcoin Trust ETF (IBIT). Both are passively managed. Over the past year, IBLC returned 17.60% vs -14.80% for BFJL. Their 0.61 correlation means they have sometimes moved together and sometimes differently. IBLC charges 0.47%/yr vs 0.90%/yr for BFJL.
Performance
IBLC vs. BFJL - Performance Comparison
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Returns By Period
In the year-to-date period, IBLC achieves a 5.99% return, which is significantly higher than BFJL's -5.11% return.
IBLC
- 1D
- -2.87%
- 1M
- -4.33%
- 6M
- 0.61%
- YTD
- 5.99%
- 1Y
- 17.60%
- 3Y*
- 26.70%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.35%
BFJL
- 1D
- -1.29%
- 1M
- 1.35%
- 6M
- -3.14%
- YTD
- -5.11%
- 1Y
- -14.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -11.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.56K | $8.09K | $4.95K | |
| $395.00K | $481.87K | $794.27K |
IBLC vs. BFJL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBLC iShares Blockchain and Tech ETF | 5.99% | 10.55% |
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July | -5.11% | -7.43% |
Correlation
The correlation between IBLC and BFJL is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025 | 0.61 |
The correlation between IBLC and BFJL has been stable across timeframes, ranging from 0.61 to 0.61 - a consistent structural relationship.
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Return for Risk
IBLC vs. BFJL — Risk / Return Rank
IBLC
BFJL
IBLC vs. BFJL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) and FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL). 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.
| IBLC | BFJL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.81 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | -0.74 | +0.94 |
| Martin ratioReturn relative to average drawdown | 0.36 | -1.00 | +1.36 |
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Drawdowns
IBLC vs. BFJL - Drawdown Comparison
The maximum IBLC drawdown since its inception was -62.54%, which is greater than BFJL's maximum drawdown of -21.27%. Use the drawdown chart below to compare losses from any high point for IBLC and BFJL.
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Drawdown Indicators
| IBLC | BFJL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.54% | -21.27% | -41.27% |
Max Drawdown (1Y)Largest decline over 1 year | -44.94% | -21.27% | -23.67% |
Max Drawdown (3Y)Largest decline over 3 years | -51.68% | — | — |
Current DrawdownCurrent decline from peak | -30.32% | -19.01% | -11.31% |
Average DrawdownAverage peak-to-trough decline | -25.78% | -12.90% | -12.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.44% | 15.74% | +8.70% |
Volatility
IBLC vs. BFJL - Volatility Comparison
iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 19.77% compared to FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) at 3.65%. This indicates that IBLC's price experiences larger fluctuations and is considered to be riskier than BFJL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBLC | BFJL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.77% | 3.65% | +16.12% |
Volatility (6M)Calculated over the trailing 6-month period | 43.51% | 5.54% | +37.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.85% | 13.20% | +44.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.48% | 13.17% | +51.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.48% | 13.17% | +51.31% |
IBLC vs. BFJL - Expense Ratio Comparison
IBLC has a 0.47% expense ratio, which is lower than BFJL's 0.90% expense ratio.
Dividends
IBLC vs. BFJL - Dividend Comparison
IBLC's dividend yield for the trailing twelve months is around 5.91%, more than BFJL's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July | 1.42% | 1.35% | 0.00% | 0.00% | 0.00% |
IBLC iShares Blockchain and Tech ETF | 5.91% | 6.31% | 1.60% | 1.79% | 0.84% |
Frequently Asked Questions
IBLC and BFJL have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBLC has higher volatility (19.77%) compared to BFJL (3.65%). In terms of maximum drawdown, IBLC dropped -62.54% vs BFJL's -21.27%.
On 1-year performance, IBLC leads with 17.60% vs -14.80% for BFJL. On fees, IBLC is cheaper at 0.47% per year. On volatility, BFJL has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBLC has performed better with a 17.60% return vs -14.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBLC is cheaper with a 0.47% expense ratio, compared with 0.90% for BFJL.
IBLC has the higher dividend yield at 5.91%, compared with 1.42% for BFJL.
IBLC is categorized as Cryptocurrency, while BFJL is Defined Outcome. IBLC tracks ICE FactSet Global Blockchain Technologies Index, while BFJL tracks iShares Bitcoin Trust ETF (IBIT). They also come from different issuers: iShares and First Trust. Their fees differ too: 0.47% for IBLC and 0.90% for BFJL.
IBLC currently has the higher Sharpe Ratio (0.15 vs -1.19), 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.
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