PAVE.L vs. BKCG.L

Last updated Jun 10, 2026

PAVE.L (Global X U.S. Infrastructure Development UCITS ETF USD Accumulating) and BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) are both exchange-traded funds - PAVE.L is a Industrials Equities fund tracking the Indxx U.S. Infrastructure Development v2 Index, while BKCG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. PAVE.L charges 0.47%/yr vs 0.50%/yr for BKCG.L.

Performance

PAVE.L vs. BKCG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Infrastructure Development UCITS ETF USD Accumulating (PAVE.L) and Global X Blockchain UCITS ETF USD Accumulating (BKCG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PAVE.L is traded in USD, while BKCG.L is traded in GBP. To make them comparable, the BKCG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

PAVE.L

• 1D: -0.68%
• 1M: -1.03%
• YTD: 16.31%
• 6M: 16.78%
• 1Y: 32.91%
• 3Y*: 25.13%
• 5Y*: —
• 10Y*: —

BKCG.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

PAVE.L vs. BKCG.L — Risk / Return Rank

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

PAVE.L

PAVE.L Risk / Return Rank: 63
PAVE.L Sharpe Ratio Rank: 61
PAVE.L Sortino Ratio Rank: 68
PAVE.L Omega Ratio Rank: 56
PAVE.L Calmar Ratio Rank: 64
PAVE.L Martin Ratio Rank: 63

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.

PAVE.L vs. BKCG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Infrastructure Development UCITS ETF USD Accumulating (PAVE.L) and Global X Blockchain UCITS ETF USD Accumulating (BKCG.L). 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.

	PAVE.L	BKCG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.77	—	—
Sortino ratio: Return per unit of downside risk	2.69	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.78	—	—
Martin ratio: Return relative to average drawdown	9.96	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PAVE.L	BKCG.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	—	—

Drawdowns

Drawdown Indicators

	PAVE.L	BKCG.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.10%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.10%	—	—
Current Drawdown Current decline from peak	-3.38%	—	—
Average Drawdown Average peak-to-trough decline	-5.91%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	—	—

Volatility

Volatility by Period

	PAVE.L	BKCG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.72%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.72%	—	—

PAVE.L vs. BKCG.L - Expense Ratio Comparison

PAVE.L has a 0.47% expense ratio, which is lower than BKCG.L's 0.50% expense ratio.

Dividends

PAVE.L vs. BKCG.L - Dividend Comparison

Neither PAVE.L nor BKCG.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, PAVE.L or BKCG.L?

On fees, PAVE.L is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PAVE.L or BKCG.L?

PAVE.L is cheaper with a 0.47% expense ratio, compared with 0.50% for BKCG.L.

What is the main difference between PAVE.L and BKCG.L?

PAVE.L is categorized as Industrials Equities, while BKCG.L is Technology Equities. PAVE.L tracks Indxx U.S. Infrastructure Development v2 Index, while BKCG.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.47% for PAVE.L and 0.50% for BKCG.L.