LEGR vs. BLOK
Compare and contrast key facts about First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Amplify Transformational Data Sharing ETF (BLOK).
LEGR and BLOK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEGR is a passively managed fund by First Trust that tracks the performance of the Indxx Blockchain Index. It was launched on Jan 24, 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: LEGR or BLOK.
Key characteristics
| LEGR | BLOK | |
|---|---|---|
| YTD Return | 0.90% | 2.75% |
| 1Y Return | 12.16% | 49.10% |
| 3Y Return (Ann) | 2.20% | -13.11% |
| 5Y Return (Ann) | 8.39% | 15.16% |
| Sharpe Ratio | 0.89 | 1.40 |
| Daily Std Dev | 13.76% | 36.13% |
| Max Drawdown | -36.12% | -73.33% |
| Current Drawdown | -4.61% | -43.74% |
Correlation
The correlation between LEGR and BLOK is 0.70, 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.
Performance
LEGR vs. BLOK - Performance Comparison
In the year-to-date period, LEGR achieves a 0.90% return, which is significantly lower than BLOK's 2.75% 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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LEGR vs. BLOK - Expense Ratio Comparison
Risk-Adjusted Performance
LEGR vs. BLOK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) 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
LEGR vs. BLOK - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 2.50%, more than BLOK's 1.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 2.50% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% |
BLOK Amplify Transformational Data Sharing ETF | 1.12% | 1.15% | 0.00% | 14.31% | 1.88% | 2.06% | 1.30% |
Drawdowns
LEGR vs. BLOK - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for LEGR and BLOK. For additional features, visit the drawdowns tool.
Volatility
LEGR vs. BLOK - Volatility Comparison
The current volatility for First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 3.53%, while Amplify Transformational Data Sharing ETF (BLOK) has a volatility of 10.47%. This indicates that LEGR 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.