iShares Bitcoin Trust (IBIT)
IBIT is a passive ETF by iShares tracking the investment results of the CME CF Bitcoin Reference Rate - New York Variant. IBIT launched on Jan 5, 2024 and has a 0.25% expense ratio.
ETF Info
CUSIP | 46438F101 |
---|---|
Issuer | iShares |
Inception Date | Jan 5, 2024 |
Category | Blockchain |
Index Tracked | CME CF Bitcoin Reference Rate - New York Variant |
Home Page | www.ishares.com |
Asset Class | Cryptocurrency |
Expense Ratio
IBIT has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: IBIT vs. FBTC, IBIT vs. BTC-USD, IBIT vs. GBTC, IBIT vs. BITB, IBIT vs. ARKB, IBIT vs. BITO, IBIT vs. BTCO, IBIT vs. BITX, IBIT vs. BRRR, IBIT vs. EZBC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Bitcoin Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Period | Return | Benchmark |
---|---|---|
Year-To-Date | N/A | 6.17% |
1 month | -10.11% | -2.72% |
6 months | N/A | 17.29% |
1 year | N/A | 23.80% |
5 years (annualized) | N/A | 11.47% |
10 years (annualized) | N/A | 10.41% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -8.75% | 45.76% | 14.26% | -17.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Bitcoin Trust (IBIT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Bitcoin Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Bitcoin Trust was 22.79%, occurring on May 1, 2024. The portfolio has not yet recovered.
The current iShares Bitcoin Trust drawdown is 19.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-22.79% | Mar 14, 2024 | 34 | May 1, 2024 | — | — | — |
-16.18% | Jan 12, 2024 | 7 | Jan 23, 2024 | 13 | Feb 9, 2024 | 20 |
-8.62% | Mar 5, 2024 | 1 | Mar 5, 2024 | 3 | Mar 8, 2024 | 4 |
-1.99% | Feb 21, 2024 | 1 | Feb 21, 2024 | 1 | Feb 22, 2024 | 2 |
-1.88% | Feb 23, 2024 | 1 | Feb 23, 2024 | 1 | Feb 26, 2024 | 2 |
Volatility
Volatility Chart
The current iShares Bitcoin Trust volatility is 16.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.