KOIN vs. BLOK
Compare and contrast key facts about Capital Link NextGen Protocol ETF (KOIN) and Amplify Transformational Data Sharing ETF (BLOK).
KOIN and BLOK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KOIN is a passively managed fund by Exchange Traded Concepts that tracks the performance of the ATFI Global Fintech Leaders Index. It was launched on Jan 30, 2018. BLOK is an actively managed fund by Amplify Investments. It was launched on Jan 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KOIN or BLOK.
Key characteristics
| KOIN | BLOK | |
|---|---|---|
| YTD Return | 2.09% | 8.24% |
| 1Y Return | 15.72% | 70.51% |
| 3Y Return (Ann) | -1.39% | -10.77% |
| 5Y Return (Ann) | 8.73% | 16.84% |
| Sharpe Ratio | 1.14 | 2.01 |
| Daily Std Dev | 13.86% | 36.06% |
| Max Drawdown | -35.38% | -73.33% |
| Current Drawdown | -12.75% | -40.73% |
Correlation
The correlation between KOIN and BLOK is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KOIN vs. BLOK - Performance Comparison
In the year-to-date period, KOIN achieves a 2.09% return, which is significantly lower than BLOK's 8.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KOIN vs. BLOK - Expense Ratio Comparison
KOIN has a 0.95% expense ratio, which is higher than BLOK's 0.71% expense ratio.
Risk-Adjusted Performance
KOIN vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Link NextGen Protocol ETF (KOIN) and Amplify Transformational Data Sharing 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.
Dividends
KOIN vs. BLOK - Dividend Comparison
KOIN's dividend yield for the trailing twelve months is around 2.23%, more than BLOK's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
KOIN Capital Link NextGen Protocol ETF | 2.23% | 2.28% | 21.13% | 2.14% | 0.41% | 1.64% | 1.37% |
BLOK Amplify Transformational Data Sharing ETF | 1.06% | 1.15% | 0.00% | 14.31% | 1.88% | 2.06% | 1.30% |
Drawdowns
KOIN vs. BLOK - Drawdown Comparison
The maximum KOIN drawdown since its inception was -35.38%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for KOIN and BLOK. For additional features, visit the drawdowns tool.
Volatility
KOIN vs. BLOK - Volatility Comparison
The current volatility for Capital Link NextGen Protocol ETF (KOIN) is 4.03%, while Amplify Transformational Data Sharing ETF (BLOK) has a volatility of 8.95%. This indicates that KOIN experiences smaller price fluctuations and is considered to be less risky than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.