AMZN vs. IBIT
AMZN (Amazon.com, 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, AMZN returned 14.82% vs -39.44% for IBIT. At a 0.29 correlation, their price movements are largely independent.
Performance
AMZN vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, AMZN achieves a 6.24% return, which is significantly higher than IBIT's -27.71% return.
AMZN
- 1D
- -0.33%
- 1M
- -10.07%
- YTD
- 6.24%
- 6M
- 8.08%
- 1Y
- 14.82%
- 3Y*
- 25.71%
- 5Y*
- 8.37%
- 10Y*
- 21.19%
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMZN vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AMZN Amazon.com, Inc | 6.24% | 5.21% | 42.71% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
Correlation
The correlation between AMZN and IBIT is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.29 |
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Return for Risk
AMZN vs. IBIT — Risk / Return Rank
AMZN
IBIT
AMZN vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amazon.com, Inc (AMZN) 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.
| AMZN | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.86 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | -0.76 | +1.44 |
| Martin ratioReturn relative to average drawdown | 1.64 | -1.36 | +3.00 |
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
| AMZN | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | -0.90 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.26 | +0.30 |
Drawdowns
AMZN vs. IBIT - Drawdown Comparison
The maximum AMZN drawdown since its inception was -94.40%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for AMZN and IBIT.
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Drawdown Indicators
| AMZN | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.40% | -52.11% | -42.29% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -52.11% | +30.37% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.15% | — | — |
Current DrawdownCurrent decline from peak | -10.83% | -49.66% | +38.83% |
Average DrawdownAverage peak-to-trough decline | -28.12% | -16.19% | -11.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.08% | 28.97% | -19.89% |
Volatility
AMZN vs. IBIT - Volatility Comparison
The current volatility for Amazon.com, Inc (AMZN) is 7.80%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.85%. This indicates that AMZN 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
| AMZN | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 11.85% | -4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 20.58% | 34.60% | -14.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 44.28% | -14.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.53% | 50.32% | -14.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.48% | 50.32% | -17.84% |
Dividends
AMZN vs. IBIT - Dividend Comparison
Neither AMZN nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
AMZN and IBIT have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (11.85%) compared to AMZN (7.80%). In terms of maximum drawdown, AMZN dropped -94.40% vs IBIT's -52.11%.
AMZN currently has the higher Sharpe Ratio (0.49 vs -0.90), 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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