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Data as of .

BCOR vs BLCK: which is really different?

BCOR and BLCK hold 29% of their weight in the same names.

Grayscale Bitcoin Adopters ETF and Corgi Crypto Infrastructure ETF.

31.6%BCOR in the S&P 500
23.3%BLCK in the S&P 500
−18.0%BCOR total return, 1 year
−9.7%BLCK total return, 1 year

ETFIQ Off-Index Score: BLCK scores higher

How much of it is not the index it is sold as an alternative to?

BCOR 49.6BLCK 69.30.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

BCOR68% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
32%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 74% of the fund · 40 holdings filed Jun 30, 2026 · Nasdaq-100: 40% in32%68%inoutside the S&P 500active share 98% · top ten 74% of the fund
BLCK77% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
23%77%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 51% of the fund · 34 holdings filed Sep 18, 2026 · Nasdaq-100: 3% in23%77%inoutside the S&P 500active share 100% · top ten 51% of the fund

29% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, BCOR and BLCK hold 29% of their money in the same securities at the same weight.

Positions BCOR and BLCK both hold, largest shared weight first
HoldingBCORBLCK
Hut 8 Corp5.56%4.93%
Riot Platforms Inc4.87%4.74%
MARA Holdings Inc3.98%3.80%
Coinbase Global Inc3.34%7.88%
Galaxy Digital Inc5.79%3.27%
Cleanspark Inc2.56%3.41%
Bullish2.72%2.51%
Block Inc5.70%1.85%
Cipher Digital Inc0.65%3.95%
Gemini Space Station Inc0.30%2.32%
Hive Digital Technologies Ltd0.27%2.84%
Core Scientific Inc1.03%0.17%
Only in each
Only in BCOROnly in BLCK
Tesla Inc 22.52%Circle Internet Group Inc 5.94%
Strategy Inc 12.85%Robinhood Markets Inc 4.96%
MercadoLibre Inc 4.66%CME Group Inc 4.74%
GameStop Corp 4.40%IREN Ltd 4.44%
Trump Media & Technology Group 3.93%Figure Technology Solutions Inc 4.21%
Strive Inc 3.26%Terawulf Inc 3.25%
Metaplanet Inc 2.87%Bitdeer Technologies Group 2.86%
Nexon Co Ltd 2.70%PayPal Holdings Inc 2.62%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

BCOR and BLCK over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
BCORBLCKBCORBLCKBCORBLCK
3 months+15.5%−6.1%+13.3 pts−8.3 pts+18.0 pts−3.6 pts
6 months+25.9%not published+7.9 ptsnot published+1.7 ptsnot published
1 year−18.0%not published−34.6 ptsnot published−39.8 ptsnot published
Since launch+14.0%−9.7%−25.6 pts−14.0 pts−38.6 pts−13.5 pts
Open the live comparison on ETFIQ
BCOR and BLCK on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BCOR
Grayscale Bitcoin Adopters ETF
Holds 40 stocks in blockchain and crypto equities, 32% of its weight in S&P 500 companies
BLCK
Corgi Crypto Infrastructure ETF
Holds 34 stocks in blockchain and crypto equities, 23% of its weight in S&P 500 companies
IssuerGrayscaleCorgi
ThemeBlockchain and crypto equitiesBlockchain and crypto equities
In the S&P 50031.6%23.3%
Active share vs the S&P 50098.0%99.5%
In the Nasdaq-10040.0%2.6%
Holdings4034
Top ten, share of the fund74.3%51.4%
Expense ratio0.59%0.35%
Fee for the differing part0.60%0.35%
Total return, 1 year−18.0%−9.7% (since launch on May 6, 2026)
vs the S&P 500−34.6 pts−14.0 pts
vs the Nasdaq-100−39.8 pts−13.5 pts
Below its high−22.5%−10.4%
Net assets$2m$512,649

BCOR in plain words

By weight, 32% of BCOR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 74% of the fund across 40 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −18.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 34.6 pts. It sits 22.5% below its all-time high of Oct 6, 2025.

BLCK in plain words

By weight, 23% of BLCK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 51% of the fund across 34 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned −9.7% with distributions reinvested against +4.3% for the S&P 500, so a holder was behind by 14.0 pts. It sits 10.4% below its all-time high of May 14, 2026.

Questions people ask

Do BCOR and BLCK hold the same stocks?
By their latest filings, 29% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BCOR or BLCK?
BCOR has 32% of its weight in S&P 500 names and BLCK has 23%, so BLCK differs more from the index.
Which is cheaper, BCOR or BLCK?
BCOR charges 0.59% a year and BLCK charges 0.35%, so BLCK is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BCOR against BLCK, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BCOR against BLCK, data as of Sep 18, 2026. https://etfiq.com/compare/themes/bcor-vs-blck Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources