^GSPTXDV vs. IBIT
Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) and iShares Bitcoin Trust (IBIT).
IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTXDV or IBIT.
Key characteristics
| ^GSPTXDV | IBIT | |
|---|---|---|
| Daily Std Dev | 10.90% | 58.55% |
| Max Drawdown | -46.09% | -27.51% |
| Current Drawdown | 0.00% | -18.86% |
Correlation
The correlation between ^GSPTXDV and IBIT is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^GSPTXDV vs. IBIT - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^GSPTXDV vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/TSX Dividend Aristocrats (^GSPTXDV) and iShares Bitcoin Trust (IBIT). 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.
Not enough dataDrawdowns
^GSPTXDV vs. IBIT - Drawdown Comparison
The maximum ^GSPTXDV drawdown since its inception was -46.09%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for ^GSPTXDV and IBIT. For additional features, visit the drawdowns tool.
Volatility
^GSPTXDV vs. IBIT - Volatility Comparison
The current volatility for S&P/TSX Dividend Aristocrats (^GSPTXDV) is 2.33%, while iShares Bitcoin Trust (IBIT) has a volatility of 14.72%. This indicates that ^GSPTXDV experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.