888.L vs. IBIT
Compare and contrast key facts about 888 Holdings (888.L) 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: 888.L or IBIT.
Correlation
The correlation between 888.L and IBIT is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
888.L vs. IBIT - Performance Comparison
Key characteristics
Returns By Period
888.L
N/A
N/A
N/A
N/A
N/A
N/A
IBIT
5.81%
0.30%
73.56%
132.04%
N/A
N/A
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Risk-Adjusted Performance
888.L vs. IBIT — Risk-Adjusted Performance Rank
888.L
IBIT
888.L vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 888 Holdings (888.L) 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.
Dividends
888.L vs. IBIT - Dividend Comparison
Neither 888.L nor IBIT has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
888.L 888 Holdings | 0.00% | 0.00% | 0.00% | 0.00% | 5.48% | 3.15% | 6.67% | 8.97% | 7.10% | 5.44% | 7.83% | 7.58% |
IBIT iShares Bitcoin Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
888.L vs. IBIT - Drawdown Comparison
Volatility
888.L vs. IBIT - Volatility Comparison
The current volatility for 888 Holdings (888.L) is 0.00%, while iShares Bitcoin Trust (IBIT) has a volatility of 12.47%. This indicates that 888.L 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.