VPNG.L vs. BKCG.L
VPNG.L (Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating) and BKCG.L (Global X Blockchain UCITS ETF USD Accumulating) are both Technology Equities funds from Global X - VPNG.L tracks the Solactive Data Center REITs & Digital Infrastructure v2 Index while BKCG.L tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, VPNG.L returned 31.82%/yr vs 56.44%/yr for BKCG.L. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
VPNG.L vs. BKCG.L - Performance Comparison
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Returns By Period
In the year-to-date period, VPNG.L achieves a 50.78% return, which is significantly higher than BKCG.L's 35.75% return.
VPNG.L
- 1D
- -1.94%
- 1M
- 10.12%
- YTD
- 50.78%
- 6M
- 51.37%
- 1Y
- 81.99%
- 3Y*
- 31.82%
- 5Y*
- —
- 10Y*
- —
BKCG.L
- 1D
- -3.52%
- 1M
- 10.26%
- YTD
- 35.75%
- 6M
- 10.16%
- 1Y
- 105.28%
- 3Y*
- 56.44%
- 5Y*
- —
- 10Y*
- —
VPNG.L vs. BKCG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VPNG.L Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating | 50.78% | 20.65% | 15.20% | 11.28% | -10.18% |
BKCG.L Global X Blockchain UCITS ETF USD Accumulating | 35.75% | 23.16% | 6.98% | 308.24% | -77.39% |
Correlation
The correlation between VPNG.L and BKCG.L is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.46 |
The correlation between VPNG.L and BKCG.L shifts across timeframes, from 0.45 (3 years) to 0.60 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VPNG.L vs. BKCG.L — Risk / Return Rank
VPNG.L
BKCG.L
VPNG.L vs. BKCG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating (VPNG.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.
| VPNG.L | BKCG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.25 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 5.73 | 1.94 | +3.80 |
| Martin ratioReturn relative to average drawdown | 19.68 | 3.51 | +16.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VPNG.L | BKCG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.66 | 1.56 | +2.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.16 | +0.55 |
Drawdowns
VPNG.L vs. BKCG.L - Drawdown Comparison
The maximum VPNG.L drawdown since its inception was -26.74%, smaller than the maximum BKCG.L drawdown of -82.56%. Use the drawdown chart below to compare losses from any high point for VPNG.L and BKCG.L.
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Drawdown Indicators
| VPNG.L | BKCG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.74% | -82.56% | +55.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.22% | -54.08% | +39.86% |
Max Drawdown (3Y)Largest decline over 3 years | -26.74% | -57.72% | +30.98% |
Current DrawdownCurrent decline from peak | -1.94% | -25.72% | +23.78% |
Average DrawdownAverage peak-to-trough decline | -11.45% | -43.37% | +31.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.15% | 29.84% | -25.69% |
Volatility
VPNG.L vs. BKCG.L - Volatility Comparison
The current volatility for Global X Data Center REITs & Digital Infrastructure UCITS ETF USD Accumulating (VPNG.L) is 6.89%, while Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a volatility of 19.30%. This indicates that VPNG.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.
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Volatility by Period
| VPNG.L | BKCG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.89% | 19.30% | -12.41% |
Volatility (6M)Calculated over the trailing 6-month period | 16.34% | 45.66% | -29.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 67.15% | -44.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 74.54% | -53.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.73% | 74.54% | -53.81% |
VPNG.L vs. BKCG.L - Expense Ratio Comparison
Both VPNG.L and BKCG.L have an expense ratio of 0.50%.
Dividends
VPNG.L vs. BKCG.L - Dividend Comparison
Neither VPNG.L nor BKCG.L has paid dividends to shareholders.
Frequently Asked Questions
VPNG.L and BKCG.L have a correlation of 0.60, 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.
VPNG.L and BKCG.L have the same expense ratio: 0.50% per year.
VPNG.L tracks Solactive Data Center REITs & Digital Infrastructure v2 Index, while BKCG.L tracks MSCI World/Information Tech NR USD.
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