IS0E.DE vs. BLCH.DE
IS0E.DE (iShares Gold Producers UCITS ETF) and BLCH.DE (Global X Blockchain UCITS ETF USD Accumulating) are both exchange-traded funds - IS0E.DE is a Gold fund tracking the S&P Commodity Producers Gold, while BLCH.DE is a Technology Equities fund tracking the Solactive Blockchain. Both are passively managed. Over the past 3 years, IS0E.DE returned 36.13%/yr vs 56.84%/yr for BLCH.DE. At a 0.17 correlation, their price movements are largely independent. IS0E.DE charges 0.55%/yr vs 0.50%/yr for BLCH.DE.
Performance
IS0E.DE vs. BLCH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS0E.DE achieves a -7.03% return, which is significantly lower than BLCH.DE's 29.21% return.
IS0E.DE
- 1D
- 5.81%
- 1M
- -13.97%
- YTD
- -7.03%
- 6M
- -3.86%
- 1Y
- 46.28%
- 3Y*
- 36.13%
- 5Y*
- 18.25%
- 10Y*
- 12.85%
BLCH.DE
- 1D
- 1.72%
- 1M
- 2.09%
- YTD
- 29.21%
- 6M
- 14.33%
- 1Y
- 95.64%
- 3Y*
- 56.84%
- 5Y*
- —
- 10Y*
- —
IS0E.DE vs. BLCH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IS0E.DE iShares Gold Producers UCITS ETF | -7.03% | 129.59% | 18.76% | 6.25% | -1.82% |
BLCH.DE Global X Blockchain UCITS ETF USD Accumulating | 29.21% | 19.78% | 12.72% | 317.11% | -78.95% |
Correlation
The correlation between IS0E.DE and BLCH.DE is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2022 | 0.17 |
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Return for Risk
IS0E.DE vs. BLCH.DE — Risk / Return Rank
IS0E.DE
BLCH.DE
IS0E.DE vs. BLCH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Gold Producers UCITS ETF (IS0E.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.
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.
| IS0E.DE | BLCH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.67 | -0.14 |
| Martin ratioReturn relative to average drawdown | 4.31 | 3.03 | +1.28 |
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Drawdowns
IS0E.DE vs. BLCH.DE - Drawdown Comparison
The maximum IS0E.DE drawdown since its inception was -82.14%, roughly equal to the maximum BLCH.DE drawdown of -83.28%. Use the drawdown chart below to compare losses from any high point for IS0E.DE and BLCH.DE.
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Drawdown Indicators
| IS0E.DE | BLCH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.14% | -83.28% | +1.14% |
Max Drawdown (1Y)Largest decline over 1 year | -32.80% | -54.26% | +21.46% |
Max Drawdown (3Y)Largest decline over 3 years | -32.80% | -60.06% | +27.26% |
Max Drawdown (5Y)Largest decline over 5 years | -38.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.61% | — | — |
Current DrawdownCurrent decline from peak | -28.30% | -27.11% | -1.19% |
Average DrawdownAverage peak-to-trough decline | -54.08% | -43.92% | -10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.59% | 29.73% | -18.14% |
Volatility
IS0E.DE vs. BLCH.DE - Volatility Comparison
The current volatility for iShares Gold Producers UCITS ETF (IS0E.DE) is 14.22%, while Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a volatility of 24.26%. This indicates that IS0E.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
| IS0E.DE | BLCH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.22% | 24.26% | -10.04% |
Volatility (6M)Calculated over the trailing 6-month period | 34.38% | 55.06% | -20.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.45% | 74.71% | -32.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.47% | 76.55% | -44.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.12% | 76.55% | -44.43% |
IS0E.DE vs. BLCH.DE - Expense Ratio Comparison
IS0E.DE has a 0.55% expense ratio, which is higher than BLCH.DE's 0.50% expense ratio.
Dividends
IS0E.DE vs. BLCH.DE - Dividend Comparison
Neither IS0E.DE nor BLCH.DE has paid dividends to shareholders.
Frequently Asked Questions
IS0E.DE and BLCH.DE have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BLCH.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BLCH.DE is cheaper with a 0.50% expense ratio, compared with 0.55% for IS0E.DE.
IS0E.DE is categorized as Gold, while BLCH.DE is Technology Equities. IS0E.DE tracks S&P Commodity Producers Gold, while BLCH.DE tracks Solactive Blockchain. They also come from different issuers: iShares and Global X. Their fees differ too: 0.55% for IS0E.DE and 0.50% for BLCH.DE.
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