ALL vs. IBIT
ALL (The Allstate Corporation) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, ALL returned 13.66% vs -39.67% for IBIT. At a correlation of -0.01, they often move in opposite directions.
Performance
ALL vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ALL achieves a 7.58% return, which is significantly higher than IBIT's -27.41% return.
ALL
- 1D
- 0.94%
- 1M
- 2.50%
- YTD
- 7.58%
- 6M
- 8.08%
- 1Y
- 13.66%
- 3Y*
- 27.76%
- 5Y*
- 13.66%
- 10Y*
- 15.27%
IBIT
- 1D
- -0.03%
- 1M
- -19.59%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ALL vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ALL The Allstate Corporation | 7.58% | 10.09% | 30.94% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between ALL and IBIT is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | -0.01 |
The correlation between ALL and IBIT shifts across timeframes, from -0.18 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ALL vs. IBIT — Risk / Return Rank
ALL
IBIT
ALL vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Allstate Corporation (ALL) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALL | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.47 | ||
| Sortino ratioReturn per unit of downside risk | +2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.85 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | -0.78 | +1.91 |
| Martin ratioReturn relative to average drawdown | 2.90 | -1.37 | +4.27 |
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Drawdowns
ALL vs. IBIT - Drawdown Comparison
The maximum ALL drawdown since its inception was -77.03%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for ALL and IBIT.
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Drawdown Indicators
| ALL | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.03% | -52.11% | -24.92% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -52.11% | +40.63% |
Max Drawdown (3Y)Largest decline over 3 years | -14.11% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.39% | — | — |
Current DrawdownCurrent decline from peak | -0.79% | -49.45% | +48.66% |
Average DrawdownAverage peak-to-trough decline | -16.43% | -16.53% | +0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 29.64% | -25.18% |
Volatility
ALL vs. IBIT - Volatility Comparison
The current volatility for The Allstate Corporation (ALL) is 8.80%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that ALL 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
| ALL | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.80% | 12.07% | -3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 17.29% | 34.45% | -17.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.73% | 44.10% | -20.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.46% | 50.26% | -24.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.95% | 50.26% | -25.31% |
Dividends
ALL vs. IBIT - Dividend Comparison
ALL's dividend yield for the trailing twelve months is around 1.88%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALL The Allstate Corporation | 1.88% | 1.92% | 1.91% | 2.54% | 2.51% | 2.75% | 1.96% | 1.78% | 2.23% | 1.41% | 1.78% | 1.93% |
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
ALL and IBIT have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to ALL (8.80%). In terms of maximum drawdown, ALL dropped -77.03% vs IBIT's -52.11%.
ALL currently has the higher Sharpe Ratio (0.55 vs -0.92), 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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