SUIS vs. BLCN

Last updated Jun 5, 2026

SUIS (Canary Staked SUI ETF) and BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) are both exchange-traded funds - SUIS is a Blockchain fund tracking the CoinDesk Sui USD CCIXber 60m New York Rate, while BLCN is a Large Cap Blend Equities fund tracking the Siren NASDAQ Blockchain Economy Index. Both are passively managed. At a 0.19 correlation, their price movements are largely independent. SUIS charges 0.75%/yr vs 0.68%/yr for BLCN.

Performance

SUIS vs. BLCN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Staked SUI ETF (SUIS) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SUIS

• 1D: -3.90%
• 1M: -18.74%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLCN

• 1D: 0.04%
• 1M: 8.39%
• YTD: 13.14%
• 6M: 9.28%
• 1Y: 25.11%
• 3Y*: 10.37%
• 5Y*: -9.76%
• 10Y*: —

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

SUIS vs. BLCN - Yearly Performance Comparison

	2026 (YTD)
SUIS Canary Staked SUI ETF	-16.11%
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	19.62%

Correlation

The correlation between SUIS and BLCN is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.19

Return for Risk

SUIS vs. BLCN — Risk / Return Rank

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

BLCN

BLCN Risk / Return Rank: 21
BLCN Sharpe Ratio Rank: 21
BLCN Sortino Ratio Rank: 23
BLCN Omega Ratio Rank: 22
BLCN Calmar Ratio Rank: 20
BLCN Martin Ratio Rank: 18

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.

SUIS vs. BLCN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary Staked SUI ETF (SUIS) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SUIS	BLCN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	0.08	-0.61

Drawdowns

SUIS vs. BLCN - Drawdown Comparison

The maximum SUIS drawdown since its inception was -40.33%, smaller than the maximum BLCN drawdown of -67.51%. Use the drawdown chart below to compare losses from any high point for SUIS and BLCN.

Drawdown Indicators

	SUIS	BLCN	Difference
Max Drawdown Largest peak-to-trough decline	-40.33%	-67.51%	+27.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.53%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-45.26%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-67.51%	—
Current Drawdown Current decline from peak	-40.33%	-45.09%	+4.76%
Average Drawdown Average peak-to-trough decline	-12.12%	-30.30%	+18.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.82%	—

Volatility

Volatility by Period

	SUIS	BLCN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	86.06%	36.02%	+50.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.06%	34.93%	+51.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.06%	31.22%	+54.84%

SUIS vs. BLCN - Expense Ratio Comparison

SUIS has a 0.75% expense ratio, which is higher than BLCN's 0.68% expense ratio.

Dividends

SUIS vs. BLCN - Dividend Comparison

SUIS has not paid dividends to shareholders, while BLCN's dividend yield for the trailing twelve months is around 2.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.66%	3.01%	0.67%	0.54%	1.28%	0.56%	0.58%	1.45%	1.16%
SUIS Canary Staked SUI ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SUIS and BLCN in my portfolio?

SUIS and BLCN have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SUIS or BLCN?

On fees, BLCN is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SUIS or BLCN?

BLCN is cheaper with a 0.68% expense ratio, compared with 0.75% for SUIS.

Which ETF pays a higher dividend yield, SUIS or BLCN?

BLCN has the higher dividend yield at 2.66%, compared with 0.00% for SUIS.

What is the main difference between SUIS and BLCN?

SUIS is categorized as Blockchain, while BLCN is Large Cap Blend Equities. SUIS tracks CoinDesk Sui USD CCIXber 60m New York Rate, while BLCN tracks Siren NASDAQ Blockchain Economy Index. They also come from different issuers: Canary and SRN Advisors. Their fees differ too: 0.75% for SUIS and 0.68% for BLCN.