IBLC vs. NVDA
Compare and contrast key facts about iShares Blockchain and Tech ETF (IBLC) and NVIDIA Corporation (NVDA).
IBLC is a passively managed fund by iShares that tracks the performance of the ICE FactSet Global Blockchain Technologies Index. It was launched on Apr 25, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBLC or NVDA.
Performance
IBLC vs. NVDA - Performance Comparison
Returns By Period
In the year-to-date period, IBLC achieves a 45.37% return, which is significantly lower than NVDA's 186.70% return.
IBLC
45.37%
28.63%
48.23%
133.01%
N/A
N/A
NVDA
186.70%
1.71%
33.35%
191.47%
93.60%
76.34%
Key characteristics
| IBLC | NVDA | |
|---|---|---|
| Sharpe Ratio | 1.90 | 3.68 |
| Sortino Ratio | 2.59 | 3.78 |
| Omega Ratio | 1.29 | 1.48 |
| Calmar Ratio | 3.49 | 7.08 |
| Martin Ratio | 6.57 | 22.64 |
| Ulcer Index | 20.24% | 8.46% |
| Daily Std Dev | 69.90% | 52.06% |
| Max Drawdown | -62.54% | -89.73% |
| Current Drawdown | -4.83% | -4.65% |
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Correlation
The correlation between IBLC and NVDA is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
IBLC vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) and NVIDIA Corporation (NVDA). 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.
Dividends
IBLC vs. NVDA - Dividend Comparison
IBLC's dividend yield for the trailing twelve months is around 0.96%, more than NVDA's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 0.96% | 1.79% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
Drawdowns
IBLC vs. NVDA - Drawdown Comparison
The maximum IBLC drawdown since its inception was -62.54%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for IBLC and NVDA. For additional features, visit the drawdowns tool.
Volatility
IBLC vs. NVDA - Volatility Comparison
iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 27.69% compared to NVIDIA Corporation (NVDA) at 11.04%. This indicates that IBLC's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.