Global X Blockchain ETF (BKCH) Performance
BKCH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −16.2% since Dec 31, 2025
- 1 year
- −45.9% total return
- 5 years
- −11.1% a year
- Since first price
- −7.0% a year since 2021
BKCH trailing returns vs SPY, QQQ, AGG
| Period | BKCH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −31.4% | −31.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −25.2% | −25.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −30.1% | −30.1% | +7.8% | +8.4% | −1.5% |
| YTD | −16.2% | −16.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −45.9% | −46.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +154.1%+36.5%/yr | +128.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −44.6%−11.1%/yr | −52.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJul 14, 2021 | −31.6%−7.0%/yr | −41.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BKCH vs SPY
From Jul 14, 2021: BKCH grew to $6,837, SPY to $18,686.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BKCH returns by calendar year
3 of 4 full years positive. Best 2023 (+267.1%), worst 2022 (−85.1%). 2026 is year to date.
BKCH annual returns table
| Year | BKCH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −16.2% | −42.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +27.1% | −52.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +18.8% | −40.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +267.1% | −49.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −85.1% | −86.1% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BKCH largest drawdowns
Now 59.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −91.8% | Dec 28, 2022 | not yet | 1.1 years | 5.0 years so far |
| Sep 3, 2021 | −26.2% | Sep 29, 2021 | Oct 29, 2021 | 26 days | 56 days |
| Aug 9, 2021 | −14.7% | Aug 17, 2021 | Sep 2, 2021 | 8 days | 24 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BKCH risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +49.3% | −2.8% | −3.5% |
| Volatility (annualized) | 73.2% | 80.5% | 80.1% |
| Sharpe ratio | 0.84 | 0.31 | 0.30 |
| Sortino ratio | 1.53 | 0.49 | 0.48 |
| Best month | +51.9% | +64.1% | +64.1% |
| Worst month | −26.3% | −40.2% | −40.2% |
| Best 12 months | +133.8% | +267.1% | +267.1% |
| Worst 12 months | −30.5% | −86.6% | −86.6% |
| Positive months | 67% | 58% | 58% |
| Beta vs S&P 500 | 4.45 | 3.57 | — |
| Correlation with S&P 500 | 0.76 | 0.69 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BKCH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 52 | −86.6% | +25.0% | +267.1% | 67% |
| 3-year (a year) | 28 | −26.2% | +36.5% | +77.0% | 64% |
| 5-year (a year) | 4 | −12.9% | −5.8% | −2.8% | 0% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BKCH performance overview
Global X Blockchain ETF (BKCH) returned −45.9% over the past year and −11.1% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned −7.0% a year, turning $10,000 into about $6,837. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −91.8%, from Nov 9, 2021 to Dec 28, 2022; the fund has not yet regained that high. BKCH finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+267.1%) and the worst 2022 (−85.1%). Volatility has been 80.1% a year.
Related: BKCH chart, BKCH holdings, BKCH dividends. See the BKCH overview for the latest quote and fund facts.
BKCH performance FAQ
What is the BKCH return over the past year?
BKCH returned −45.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 46.9%.
What is the average annual return of BKCH?
BKCH has returned −11.1% a year over 5 years, −7.0% a year since July 14, 2021 (total return, distributions reinvested).
How much would $10,000 invested in BKCH be worth?
$10,000 invested in BKCH at its first recorded close on July 14, 2021 would be worth about $6,837 on October 23, 2026 with distributions reinvested.
What was the worst year for BKCH?
The worst calendar year was 2022, with a total return of −85.1%. The best was 2023 at +267.1%.
What is the biggest drawdown of BKCH?
The largest peak-to-trough decline was −91.8% between November 9, 2021 and December 28, 2022. It has not yet recovered to that high; it is 59.8% below its peak.
How volatile is BKCH?
Over the past 3 years BKCH had an annualized volatility of 73.2% and a Sharpe ratio of 0.84 (excess return over 1–3 month T-bills per unit of risk).