AVLV vs. IBIT

Last updated Jun 13, 2026

AVLV (Avantis U.S. Large Cap Value ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - AVLV is a Large Cap Value Equities fund actively managed by Avantis, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. AVLV is actively managed, while IBIT is passively managed. Over the past year, AVLV returned 39.76% vs -39.67% for IBIT. At a 0.37 correlation, their price movements are largely independent. AVLV charges 0.15%/yr vs 0.25%/yr for IBIT.

Performance

AVLV vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis U.S. Large Cap Value ETF (AVLV) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVLV achieves a 21.54% return, which is significantly higher than IBIT's -27.41% return.

AVLV

• 1D: 0.72%
• 1M: 3.54%
• YTD: 21.54%
• 6M: 21.48%
• 1Y: 39.76%
• 3Y*: 22.42%
• 5Y*: —
• 10Y*: —

IBIT

• 1D: -0.03%
• 1M: -21.94%
• YTD: -27.41%
• 6M: -29.61%
• 1Y: -39.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVLV vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVLV Avantis U.S. Large Cap Value ETF	21.54%	15.12%	18.35%
IBIT iShares Bitcoin Trust ETF	-27.41%	-6.41%	89.87%

Correlation

The correlation between AVLV and IBIT is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.37

Return for Risk

AVLV vs. IBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVLV

AVLV Risk / Return Rank: 94
AVLV Sharpe Ratio Rank: 94
AVLV Sortino Ratio Rank: 94
AVLV Omega Ratio Rank: 92
AVLV Calmar Ratio Rank: 94
AVLV Martin Ratio Rank: 94

IBIT

IBIT Risk / Return Rank: 3
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 3
IBIT Omega Ratio Rank: 3
IBIT Calmar Ratio Rank: 3
IBIT Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVLV vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis U.S. Large Cap Value ETF (AVLV) 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.

	AVLV	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	3.10	-0.92	+4.02
Sortino ratio: Return per unit of downside risk	4.26	-1.30	+5.56
Omega ratio: Gain probability vs. loss probability	1.56	0.85	+0.70
Calmar ratio: Return relative to maximum drawdown	6.07	-0.78	+6.86
Martin ratio: Return relative to average drawdown	24.12	-1.37	+25.50

AVLV vs. IBIT - Sharpe Ratio Comparison

The current AVLV Sharpe Ratio is 3.10, which is higher than the IBIT Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of AVLV and IBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVLV vs. IBIT - Drawdown Comparison

The maximum AVLV drawdown since its inception was -19.50%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for AVLV and IBIT.

Drawdown Indicators

	AVLV	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-19.50%	-52.11%	+32.61%
Max Drawdown (1Y) Largest decline over 1 year	-6.39%	-52.11%	+45.72%
Max Drawdown (3Y) Largest decline over 3 years	-19.50%	—	—
Current Drawdown Current decline from peak	0.00%	-49.45%	+49.45%
Average Drawdown Average peak-to-trough decline	-3.91%	-16.53%	+12.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	29.64%	-28.03%

Volatility

AVLV vs. IBIT - Volatility Comparison

The current volatility for Avantis U.S. Large Cap Value ETF (AVLV) is 3.67%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that AVLV 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.

Volatility by Period

	AVLV	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	12.07%	-8.40%
Volatility (6M) Calculated over the trailing 6-month period	9.33%	34.45%	-25.12%
Volatility (1Y) Calculated over the trailing 1-year period	12.52%	44.10%	-31.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	50.26%	-32.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	50.26%	-32.92%

AVLV vs. IBIT - Expense Ratio Comparison

AVLV has a 0.15% 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

AVLV vs. IBIT - Dividend Comparison

AVLV's dividend yield for the trailing twelve months is around 1.37%, while IBIT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
AVLV Avantis U.S. Large Cap Value ETF	1.37%	1.33%	1.58%	1.85%	2.00%	0.29%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVLV and IBIT in my portfolio?

AVLV and IBIT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVLV or IBIT?

IBIT has higher volatility (12.07%) compared to AVLV (3.67%). In terms of maximum drawdown, AVLV dropped -19.50% vs IBIT's -52.11%.

Which ETF is better, AVLV or IBIT?

On 1-year performance, AVLV leads with 39.76% vs -39.67% for IBIT. On fees, AVLV is cheaper at 0.15% per year. On volatility, AVLV has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVLV or IBIT?

Over the 1-year period, AVLV has performed better with a 39.76% return vs -39.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVLV or IBIT?

AVLV is cheaper with a 0.15% expense ratio, compared with 0.25% for IBIT.

Which ETF pays a higher dividend yield, AVLV or IBIT?

AVLV has the higher dividend yield at 1.37%, compared with 0.00% for IBIT.

What is the main difference between AVLV and IBIT?

AVLV is categorized as Large Cap Value Equities, while IBIT is Cryptocurrency. They also come from different issuers: Avantis and iShares. Their fees differ too: 0.15% for AVLV and 0.25% for IBIT.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (3.10 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.