ACWV vs. IBIT
ACWV (iShares MSCI Global Min Vol Factor ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ACWV is a Large Cap Blend Equities fund tracking the MSCI AC World Minimum Volatility (USD), while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, ACWV returned 4.79% vs -38.74% for IBIT. At a 0.19 correlation, their price movements are largely independent. ACWV charges 0.20%/yr vs 0.25%/yr for IBIT.
Performance
ACWV vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ACWV achieves a 2.36% return, which is significantly higher than IBIT's -25.48% return.
ACWV
- 1D
- -0.62%
- 1M
- 1.01%
- YTD
- 2.36%
- 6M
- 2.56%
- 1Y
- 4.79%
- 3Y*
- 10.06%
- 5Y*
- 5.47%
- 10Y*
- 7.36%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ACWV vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ACWV iShares MSCI Global Min Vol Factor ETF | 2.36% | 11.04% | 10.83% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between ACWV and IBIT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.19 |
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Return for Risk
ACWV vs. IBIT — Risk / Return Rank
ACWV
IBIT
ACWV vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Min Vol Factor ETF (ACWV) and iShares Bitcoin Trust ETF (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.
| ACWV | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.86 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | -0.79 | +1.54 |
| Martin ratioReturn relative to average drawdown | 2.37 | -1.36 | +3.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ACWV | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | -0.89 | +1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.30 | +0.41 |
Drawdowns
ACWV vs. IBIT - Drawdown Comparison
The maximum ACWV drawdown since its inception was -28.82%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for ACWV and IBIT.
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Drawdown Indicators
| ACWV | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.82% | -49.36% | +20.54% |
Max Drawdown (1Y)Largest decline over 1 year | -6.37% | -49.36% | +42.99% |
Max Drawdown (3Y)Largest decline over 3 years | -7.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.82% | — | — |
Current DrawdownCurrent decline from peak | -2.92% | -48.10% | +45.18% |
Average DrawdownAverage peak-to-trough decline | -3.11% | -16.02% | +12.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | 28.44% | -26.41% |
Volatility
ACWV vs. IBIT - Volatility Comparison
The current volatility for iShares MSCI Global Min Vol Factor ETF (ACWV) is 1.79%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that ACWV 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.
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Volatility by Period
| ACWV | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.79% | 9.50% | -7.71% |
Volatility (6M)Calculated over the trailing 6-month period | 5.54% | 34.44% | -28.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.71% | 43.73% | -36.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.23% | 50.19% | -39.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.30% | 50.19% | -37.89% |
ACWV vs. IBIT - Expense Ratio Comparison
ACWV has a 0.20% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ACWV vs. IBIT - Dividend Comparison
ACWV's dividend yield for the trailing twelve months is around 2.04%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWV iShares MSCI Global Min Vol Factor ETF | 2.04% | 2.09% | 2.33% | 2.41% | 2.18% | 1.92% | 1.77% | 2.54% | 2.32% | 2.04% | 2.56% | 2.28% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ACWV and IBIT have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.50%) compared to ACWV (1.79%). In terms of maximum drawdown, ACWV dropped -28.82% vs IBIT's -49.36%.
On 1-year performance, ACWV leads with 4.79% vs -38.74% for IBIT. On fees, ACWV is cheaper at 0.20% per year. On volatility, ACWV has been the lower-risk option at 1.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ACWV has performed better with a 4.79% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ACWV is cheaper with a 0.20% expense ratio, compared with 0.25% for IBIT.
ACWV has the higher dividend yield at 2.04%, compared with 0.00% for IBIT.
ACWV is categorized as Large Cap Blend Equities, while IBIT is Cryptocurrency. ACWV tracks MSCI AC World Minimum Volatility (USD), while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.20% for ACWV and 0.25% for IBIT.
ACWV currently has the higher Sharpe Ratio (0.62 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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