RAYZ.L vs. BKCG.L
RAYZ.L (Global X Solar UCITS ETF) and BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) are both exchange-traded funds - RAYZ.L is a Global Equities fund tracking the Global X Solar UCITS ETF, while BKCG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, RAYZ.L returned -11.91%/yr vs 24.00%/yr for BKCG.L. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
RAYZ.L vs. BKCG.L - Performance Comparison
Loading charts...
Different Trading Currencies
RAYZ.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
In the year-to-date period, RAYZ.L achieves a -8.49% return, which is significantly lower than BKCG.L's 6.65% return.
RAYZ.L
- 1D
- -1.55%
- 1M
- -17.91%
- 6M
- -13.34%
- YTD
- -8.49%
- 1Y
- 23.69%
- 3Y*
- -11.91%
- 5Y*
- —
- 10Y*
- —
BKCG.L
- 1D
- 0.00%
- 1M
- -22.76%
- 6M
- -16.29%
- YTD
- 6.65%
- 1Y
- 27.92%
- 3Y*
- 24.00%
- 5Y*
- —
- 10Y*
- —
RAYZ.L vs. BKCG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
RAYZ.L Global X Solar UCITS ETF | -8.49% | 39.95% | -28.16% | -32.65% | 4.13% |
BKCG.L Global X Blockchain UCITS ETF USD Accumulating | 6.65% | 32.45% | 5.20% | 329.79% | -82.51% |
Correlation
The correlation between RAYZ.L and BKCG.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RAYZ.L vs. BKCG.L — Risk / Return Rank
RAYZ.L
BKCG.L
RAYZ.L vs. BKCG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Solar UCITS ETF (RAYZ.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.
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.
| RAYZ.L | BKCG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.12 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 0.51 | +0.34 |
| Martin ratioReturn relative to average drawdown | 2.86 | 0.88 | +1.98 |
Loading charts...
Drawdowns
RAYZ.L vs. BKCG.L - Drawdown Comparison
The maximum RAYZ.L drawdown since its inception was -69.13%, smaller than the maximum BKCG.L drawdown of -84.44%. Use the drawdown chart below to compare losses from any high point for RAYZ.L and BKCG.L.
Loading charts...
Drawdown Indicators
| RAYZ.L | BKCG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.13% | -84.44% | +15.31% |
Max Drawdown (1Y)Largest decline over 1 year | -29.26% | -54.70% | +25.44% |
Max Drawdown (3Y)Largest decline over 3 years | -57.14% | -57.47% | +0.33% |
Current DrawdownCurrent decline from peak | -51.07% | -41.40% | -9.67% |
Average DrawdownAverage peak-to-trough decline | -40.52% | -45.17% | +4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.75% | 31.73% | -22.98% |
Volatility
RAYZ.L vs. BKCG.L - Volatility Comparison
The current volatility for Global X Solar UCITS ETF (RAYZ.L) is 11.41%, while Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a volatility of 14.73%. This indicates that RAYZ.L experiences smaller price fluctuations and is considered to be less risky than BKCG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RAYZ.L | BKCG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.41% | 14.73% | -3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 25.55% | 47.17% | -21.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.21% | 70.58% | -36.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.23% | 75.82% | -41.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.23% | 75.82% | -41.59% |
RAYZ.L vs. BKCG.L - Expense Ratio Comparison
Both RAYZ.L and BKCG.L have an expense ratio of 0.50%.
Dividends
RAYZ.L vs. BKCG.L - Dividend Comparison
Neither RAYZ.L nor BKCG.L has paid dividends to shareholders.
Frequently Asked Questions
RAYZ.L and BKCG.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
RAYZ.L and BKCG.L have the same expense ratio: 0.50% per year.
RAYZ.L is categorized as Global Equities, while BKCG.L is Technology Equities. RAYZ.L tracks Global X Solar UCITS ETF, while BKCG.L tracks MSCI World/Information Tech NR USD.
Find the right allocation for RAYZ.L and BKCG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer