LEGR vs. TKNQ
LEGR (First Trust Indxx Innovative Transaction & Process ETF) and TKNQ (Amplify Tokenization Technology Leaders ETF) are both Blockchain funds - LEGR tracks the Indxx Blockchain Index while TKNQ tracks the MarketVector Tokenization Technology Leaders Index. Both are passively managed. Their 0.72 correlation means they have sometimes moved together and sometimes differently. LEGR charges 0.65%/yr vs 0.69%/yr for TKNQ.
Performance
LEGR vs. TKNQ - Performance Comparison
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Returns By Period
In the year-to-date period, LEGR achieves a 12.04% return, which is significantly higher than TKNQ's -8.84% return.
LEGR
- 1D
- 0.90%
- 1M
- 3.09%
- 6M
- 6.52%
- YTD
- 12.04%
- 1Y
- 27.59%
- 3Y*
- 22.26%
- 5Y*
- 11.69%
- 10Y*
- —
- ALL TIME*
- 11.83%
TKNQ
- 1D
- 1.45%
- 1M
- 2.03%
- 6M
- -4.46%
- YTD
- -8.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $160.83K | $125.02K | $170.72K | |
| $35.91K | $30.25K | $24.01K |
LEGR vs. TKNQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 12.04% | 0.30% |
TKNQ Amplify Tokenization Technology Leaders ETF | -8.84% | -1.55% |
Correlation
The correlation between LEGR and TKNQ is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025 | 0.72 |
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Return for Risk
LEGR vs. TKNQ — Risk / Return Rank
LEGR
TKNQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LEGR vs. TKNQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Amplify Tokenization Technology Leaders ETF (TKNQ). 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.
| LEGR | TKNQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | — | — |
| Martin ratioReturn relative to average drawdown | 8.73 | — | — |
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Drawdowns
LEGR vs. TKNQ - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, which is greater than TKNQ's maximum drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for LEGR and TKNQ.
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Drawdown Indicators
| LEGR | TKNQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.12% | -21.83% | -14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.45% | — | — |
Current DrawdownCurrent decline from peak | -1.80% | -15.11% | +13.31% |
Average DrawdownAverage peak-to-trough decline | -6.56% | -13.11% | +6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | — | — |
Volatility
LEGR vs. TKNQ - Volatility Comparison
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Volatility by Period
| LEGR | TKNQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 28.34% | -13.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.08% | 28.34% | -11.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.26% | 28.34% | -8.08% |
LEGR vs. TKNQ - Expense Ratio Comparison
LEGR has a 0.65% expense ratio, which is lower than TKNQ's 0.69% expense ratio.
Dividends
LEGR vs. TKNQ - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 1.78%, while TKNQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 1.78% | 1.84% | 2.40% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% |
TKNQ Amplify Tokenization Technology Leaders ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LEGR and TKNQ have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LEGR is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LEGR is cheaper with a 0.65% expense ratio, compared with 0.69% for TKNQ.
LEGR has the higher dividend yield at 1.78%, compared with 0.00% for TKNQ.
LEGR tracks Indxx Blockchain Index, while TKNQ tracks MarketVector Tokenization Technology Leaders Index. They also come from different issuers: First Trust and Amplify. Their fees differ too: 0.65% for LEGR and 0.69% for TKNQ.
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