iShares Bitcoin Trust ETF (IBIT) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IBIT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IBIT
IBIT charges 0.25% annually. There are 14 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 368.03M | Apr 2026 | IBIT vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.51B | Jul 2024 | IBIT vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.60B | Jul 2024 | IBIT vs BTC | |
| Franklin Bitcoin ETF | 0.19% | 331.89M | Jan 2024 | IBIT vs EZBC | |
| Franklin Ethereum ETF | 0.19% | 32.26M | Jul 2024 | IBIT vs EZET |
Best Risk-Adjusted Alternatives to IBIT
IBIT has a PortfoliosLab risk / return rank of 2. There are 53 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 95 | — | Oct 2017 | IBIT vs ZCSH | |
| ProShares Short Bitcoin ETF | 53 | 115.79M | Jun 2022 | IBIT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 48 | 158.01M | Apr 2024 | IBIT vs SBIT | |
| CoinShares Bitcoin Miners ETF | 45 | 395.17M | Feb 2022 | IBIT vs WGMI | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 42 | — | Jul 2024 | IBIT vs BTCZ |
Top Performing IBIT Alternatives (YTD)
IBIT is at -26.32% YTD. There are 39 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 36.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CoinShares Bitcoin Miners ETF | 36.48% | 395.17M | Feb 2022 | IBIT vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 33.13% | 158.01M | Apr 2024 | IBIT vs SBIT | |
| ProShares UltraShort Ether ETF | 30.78% | 51.90M | Jun 2024 | IBIT vs ETHD | |
| ProShares Short Ether Strategy ETF | 29.42% | 17.31M | Nov 2023 | IBIT vs SETH | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 28.62% | — | Jul 2024 | IBIT vs BTCZ |
Lowest Volatility Alternatives to IBIT
IBIT has 44.48% 1-year volatility. There are 37 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 2.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 2.01% | — | Oct 2025 | IBIT vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.74% | — | Oct 2025 | IBIT vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.70% | — | Oct 2025 | IBIT vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.93% | — | Oct 2025 | IBIT vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.97% | 7.63M | Sep 2025 | IBIT vs BFOC |
Lowest Drawdown Alternatives to IBIT
IBIT has a 1-year max drawdown of -53.30%. There are 24 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 22.57M | Aug 2022 | IBIT vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.45M | Jun 2025 | IBIT vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 112.35M | Dec 2024 | IBIT vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 115.79M | Jun 2022 | IBIT vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -26.04% | 1.48M | Mar 2024 | IBIT vs BTRN |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, SOXX, IVV and span 15 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | IBIT vs SGOV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 94 | 88.79% | 47.60B | Jul 2001 | IBIT vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.84% | 894.38B | May 2000 | IBIT vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | -1.35% | 42.18B | Jul 2002 | IBIT vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 83 | 11.23% | 42.05B | Jun 2014 | IBIT vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 29 | -17.46% | 28.37B | Apr 2006 | IBIT vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 24 | -6.04% | 60.94B | Jan 2005 | IBIT vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 68 | 20.14% | 83.34B | May 2000 | IBIT vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 65 | 11.64% | 33.36B | Mar 2008 | IBIT vs ACWI | |
| iShares MSCI USA Momentum Factor ETF | Momentum, Large Cap Blend Equities | 60 | 28.00% | 27.36B | Apr 2013 | IBIT vs MTUM |
Often Compared With IBIT
Investors most often compare IBIT with BTC-USD, FBTC, BITO. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare IBIT with Any Fund or Stock
Compare IBIT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IBIT with funds that move differently
iShares Bitcoin Trust ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IBIT.
Explore IBIT Diversifiers