AMAT vs. IBIT
AMAT (Applied Materials, Inc.) 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, AMAT returned 234.96% vs -39.67% for IBIT. At a 0.28 correlation, their price movements are largely independent.
Performance
AMAT vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 121.28% return, which is significantly higher than IBIT's -27.41% return.
AMAT
- 1D
- 2.64%
- 1M
- 30.08%
- YTD
- 121.28%
- 6M
- 119.38%
- 1Y
- 234.96%
- 3Y*
- 60.05%
- 5Y*
- 34.02%
- 10Y*
- 38.86%
IBIT
- 1D
- -0.03%
- 1M
- -19.59%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMAT vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMAT Applied Materials, Inc. | 121.28% | 59.60% | 9.41% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between AMAT and IBIT is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.28 |
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Return for Risk
AMAT vs. IBIT — Risk / Return Rank
AMAT
IBIT
AMAT vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) 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.
| AMAT | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.58 | ||
| Sortino ratioReturn per unit of downside risk | +5.43 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 0.85 | +0.74 |
| Calmar ratioReturn relative to maximum drawdown | 10.67 | -0.78 | +11.45 |
| Martin ratioReturn relative to average drawdown | 30.41 | -1.37 | +31.78 |
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Drawdowns
AMAT vs. IBIT - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for AMAT and IBIT.
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Drawdown Indicators
| AMAT | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -52.11% | -33.11% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -52.11% | +30.74% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -49.45% | +49.45% |
Average DrawdownAverage peak-to-trough decline | -38.78% | -16.53% | -22.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 29.64% | -22.15% |
Volatility
AMAT vs. IBIT - Volatility Comparison
Applied Materials, Inc. (AMAT) has a higher volatility of 20.52% compared to iShares Bitcoin Trust ETF (IBIT) at 12.07%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier 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
| AMAT | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.52% | 12.07% | +8.45% |
Volatility (6M)Calculated over the trailing 6-month period | 38.83% | 34.45% | +4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.03% | 44.10% | +4.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 50.26% | -6.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.94% | 50.26% | -7.32% |
Dividends
AMAT vs. IBIT - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.34%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.34% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
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
AMAT and IBIT have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMAT has higher volatility (20.52%) compared to IBIT (12.07%). In terms of maximum drawdown, AMAT dropped -85.22% vs IBIT's -52.11%.
AMAT currently has the higher Sharpe Ratio (4.65 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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