IBLC vs. BLOK

Last updated Jun 23, 2026

IBLC (iShares Blockchain and Tech ETF) and BLOK (Amplify Blockchain Technology ETF) are both exchange-traded funds - IBLC is a Cryptocurrency fund tracking the ICE FactSet Global Blockchain Technologies Index, while BLOK is a Blockchain fund actively managed by Amplify. IBLC is passively managed, while BLOK is actively managed. Over the past 3 years, IBLC returned 46.30%/yr vs 49.16%/yr for BLOK. With a 0.95 correlation, they move nearly in lockstep. IBLC charges 0.47%/yr vs 0.70%/yr for BLOK.

Performance

IBLC vs. BLOK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Blockchain and Tech ETF (IBLC) 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, IBLC achieves a 30.07% return, which is significantly higher than BLOK's 16.89% return.

IBLC

• 1D: -0.70%
• 1M: 2.21%
• YTD: 30.07%
• 6M: 19.82%
• 1Y: 65.77%
• 3Y*: 46.30%
• 5Y*: —
• 10Y*: —

BLOK

• 1D: -0.42%
• 1M: 4.04%
• YTD: 16.89%
• 6M: 11.37%
• 1Y: 28.48%
• 3Y*: 49.16%
• 5Y*: 12.71%
• 10Y*: —

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

IBLC vs. BLOK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IBLC iShares Blockchain and Tech ETF	30.07%	27.05%	18.58%	201.47%	-58.93%
BLOK Amplify Blockchain Technology ETF	16.89%	32.64%	53.12%	99.62%	-44.10%

Correlation

The correlation between IBLC and BLOK is 0.95 - 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (All Time) Calculated using the full available price history since Apr 27, 2022	0.95

The correlation between IBLC and BLOK has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

IBLC vs. BLOK — Risk / Return Rank

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

IBLC

IBLC Risk / Return Rank: 31
IBLC Sharpe Ratio Rank: 34
IBLC Sortino Ratio Rank: 34
IBLC Omega Ratio Rank: 32
IBLC Calmar Ratio Rank: 30
IBLC Martin Ratio Rank: 23

BLOK

BLOK Risk / Return Rank: 20
BLOK Sharpe Ratio Rank: 21
BLOK Sortino Ratio Rank: 22
BLOK Omega Ratio Rank: 21
BLOK Calmar Ratio Rank: 19
BLOK 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.

IBLC vs. BLOK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) 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.

	IBLC	BLOK	Difference
Sharpe ratio: Return per unit of total volatility	1.18	0.73	+0.45
Sortino ratio: Return per unit of downside risk	1.76	1.20	+0.56
Omega ratio: Gain probability vs. loss probability	1.21	1.15	+0.06
Calmar ratio: Return relative to maximum drawdown	1.47	0.80	+0.67
Martin ratio: Return relative to average drawdown	2.89	1.73	+1.15

IBLC vs. BLOK - Sharpe Ratio Comparison

The current IBLC Sharpe Ratio is 1.18, which is higher than the BLOK Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of IBLC 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

IBLC vs. BLOK - Drawdown Comparison

The maximum IBLC drawdown since its inception was -62.54%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for IBLC and BLOK.

Drawdown Indicators

	IBLC	BLOK	Difference
Max Drawdown Largest peak-to-trough decline	-62.54%	-73.33%	+10.79%
Max Drawdown (1Y) Largest decline over 1 year	-44.94%	-35.64%	-9.30%
Max Drawdown (3Y) Largest decline over 3 years	-51.68%	-35.64%	-16.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-73.33%	—
Current Drawdown Current decline from peak	-14.49%	-9.63%	-4.86%
Average Drawdown Average peak-to-trough decline	-25.77%	-25.99%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.86%	16.47%	+6.39%

Volatility

IBLC vs. BLOK - Volatility Comparison

iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 17.30% compared to Amplify Blockchain Technology ETF (BLOK) at 12.62%. This indicates that IBLC'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

	IBLC	BLOK	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.30%	12.62%	+4.68%
Volatility (6M) Calculated over the trailing 6-month period	41.59%	29.57%	+12.02%
Volatility (1Y) Calculated over the trailing 1-year period	55.92%	39.13%	+16.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.54%	42.52%	+22.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.54%	39.03%	+25.51%

IBLC vs. BLOK - Expense Ratio Comparison

IBLC has a 0.47% expense ratio, which is lower than BLOK's 0.70% expense ratio.

Dividends

IBLC vs. BLOK - Dividend Comparison

IBLC's dividend yield for the trailing twelve months is around 4.81%, more than BLOK's 0.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Blockchain Technology ETF	0.61%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%
IBLC iShares Blockchain and Tech ETF	4.81%	6.31%	1.60%	1.79%	0.84%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBLC and BLOK in my portfolio?

With a correlation of 0.95, IBLC 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, IBLC or BLOK?

IBLC has higher volatility (17.30%) compared to BLOK (12.62%). In terms of maximum drawdown, IBLC dropped -62.54% vs BLOK's -73.33%.

Which ETF is better, IBLC or BLOK?

On 3-year performance, BLOK leads with 49.16% vs 46.30% for IBLC. On fees, IBLC is cheaper at 0.47% per year. On volatility, BLOK has been the lower-risk option at 12.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBLC or BLOK?

Over the 3-year period, BLOK has performed better with a 49.16% return vs 46.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBLC or BLOK?

IBLC is cheaper with a 0.47% expense ratio, compared with 0.70% for BLOK.

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

IBLC has the higher dividend yield at 4.81%, compared with 0.61% for BLOK.

What is the main difference between IBLC and BLOK?

IBLC is categorized as Cryptocurrency, while BLOK is Blockchain. They also come from different issuers: iShares and Amplify. Their fees differ too: 0.47% for IBLC and 0.70% for BLOK.

Which has better risk-adjusted returns?

IBLC currently has the higher Sharpe Ratio (1.18 vs 0.73), 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.