LFGY vs. BLOX

Last updated Jun 23, 2026

LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and BLOX (Nicholas Crypto Income ETF) are both exchange-traded funds - LFGY is a Derivative Income fund actively managed by YieldMax, while BLOX is a Cryptocurrency fund actively managed by Nicholas. Both are actively managed. Over the past year, LFGY returned 9.36% vs 26.64% for BLOX. Their correlation of 0.90 suggests significant overlap in exposure. LFGY charges 1.02%/yr vs 1.03%/yr for BLOX.

Performance

LFGY vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFGY achieves a 18.74% return, which is significantly higher than BLOX's 16.65% return.

LFGY

• 1D: -0.65%
• 1M: 1.27%
• YTD: 18.74%
• 6M: 12.89%
• 1Y: 9.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: -0.82%
• 1M: 4.06%
• YTD: 16.65%
• 6M: 9.99%
• 1Y: 26.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LFGY vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	18.74%	-8.06%
BLOX Nicholas Crypto Income ETF	16.65%	8.17%

Correlation

The correlation between LFGY and BLOX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025	0.90

The correlation between LFGY and BLOX has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

LFGY vs. BLOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LFGY

LFGY Risk / Return Rank: 12
LFGY Sharpe Ratio Rank: 12
LFGY Sortino Ratio Rank: 13
LFGY Omega Ratio Rank: 12
LFGY Calmar Ratio Rank: 11
LFGY Martin Ratio Rank: 11

BLOX

BLOX Risk / Return Rank: 16
BLOX Sharpe Ratio Rank: 16
BLOX Sortino Ratio Rank: 19
BLOX Omega Ratio Rank: 18
BLOX Calmar Ratio Rank: 15
BLOX Martin Ratio Rank: 14

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LFGY vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and Nicholas Crypto Income ETF (BLOX). 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.

	LFGY	BLOX	Difference
Sharpe ratio: Return per unit of total volatility	0.24	0.49	-0.25
Sortino ratio: Return per unit of downside risk	0.60	1.01	-0.42
Omega ratio: Gain probability vs. loss probability	1.07	1.12	-0.05
Calmar ratio: Return relative to maximum drawdown	0.26	0.57	-0.31
Martin ratio: Return relative to average drawdown	0.56	1.14	-0.58

LFGY vs. BLOX - Sharpe Ratio Comparison

The current LFGY Sharpe Ratio is 0.24, which is lower than the BLOX Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of LFGY and BLOX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LFGY vs. BLOX - Drawdown Comparison

The maximum LFGY drawdown since its inception was -35.94%, smaller than the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for LFGY and BLOX.

Drawdown Indicators

	LFGY	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-47.09%	+11.15%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-47.09%	+11.15%
Current Drawdown Current decline from peak	-9.30%	-19.36%	+10.06%
Average Drawdown Average peak-to-trough decline	-13.96%	-18.65%	+4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.62%	23.42%	-6.80%

Volatility

LFGY vs. BLOX - Volatility Comparison

The current volatility for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) is 13.33%, while Nicholas Crypto Income ETF (BLOX) has a volatility of 15.93%. This indicates that LFGY experiences smaller price fluctuations and is considered to be less risky than BLOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFGY	BLOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.33%	15.93%	-2.60%
Volatility (6M) Calculated over the trailing 6-month period	31.32%	41.03%	-9.71%
Volatility (1Y) Calculated over the trailing 1-year period	38.56%	54.23%	-15.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.38%	53.94%	-11.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.38%	53.94%	-11.56%

LFGY vs. BLOX - Expense Ratio Comparison

LFGY has a 1.02% expense ratio, which is lower than BLOX's 1.03% expense ratio.

Dividends

LFGY vs. BLOX - Dividend Comparison

LFGY's dividend yield for the trailing twelve months is around 79.45%, more than BLOX's 39.59% yield.

Position	TTM	2025
BLOX Nicholas Crypto Income ETF	39.59%	22.69%
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	79.45%	94.90%

Frequently Asked Questions

Can I hold both LFGY and BLOX in my portfolio?

LFGY and BLOX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFGY or BLOX?

BLOX has higher volatility (15.93%) compared to LFGY (13.33%). In terms of maximum drawdown, LFGY dropped -35.94% vs BLOX's -47.09%.

Which ETF is better, LFGY or BLOX?

On 1-year performance, BLOX leads with 26.64% vs 9.36% for LFGY. On fees, LFGY is cheaper at 1.02% per year. On volatility, LFGY has been the lower-risk option at 13.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFGY or BLOX?

Over the 1-year period, BLOX has performed better with a 26.64% return vs 9.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFGY or BLOX?

LFGY is cheaper with a 1.02% expense ratio, compared with 1.03% for BLOX.

Which ETF pays a higher dividend yield, LFGY or BLOX?

LFGY has the higher dividend yield at 79.45%, compared with 39.59% for BLOX.

What is the main difference between LFGY and BLOX?

LFGY is categorized as Derivative Income, while BLOX is Cryptocurrency. They also come from different issuers: YieldMax and Nicholas. Their fees differ too: 1.02% for LFGY and 1.03% for BLOX.

Which has better risk-adjusted returns?

BLOX currently has the higher Sharpe Ratio (0.49 vs 0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.