BGRO vs. IBIT
BGRO (BlackRock Large Cap Growth ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - BGRO is a Large Cap Growth Equities fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. BGRO is actively managed, while IBIT is passively managed. Over the past year, BGRO returned 24.69% vs -39.60% for IBIT. At a 0.42 correlation, their price movements are largely independent. BGRO charges 0.55%/yr vs 0.25%/yr for IBIT.
Performance
BGRO vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGRO achieves a 13.75% return, which is significantly higher than IBIT's -27.45% return.
BGRO
- 1D
- 0.03%
- 1M
- 7.41%
- YTD
- 13.75%
- 6M
- 13.14%
- 1Y
- 24.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -2.65%
- 1M
- -22.17%
- YTD
- -27.45%
- 6M
- -31.40%
- 1Y
- -39.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BGRO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BGRO BlackRock Large Cap Growth ETF | 13.75% | 12.37% | 10.92% |
IBIT iShares Bitcoin Trust ETF | -27.45% | -6.41% | 30.44% |
Correlation
The correlation between BGRO and IBIT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024 | 0.42 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGRO vs. IBIT — Risk / Return Rank
BGRO
IBIT
BGRO vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Large Cap Growth ETF (BGRO) 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.
| BGRO | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.86 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | -0.80 | +2.21 |
| Martin ratioReturn relative to average drawdown | 4.71 | -1.39 | +6.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BGRO | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | -0.91 | +2.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.27 | +0.55 |
Drawdowns
BGRO vs. IBIT - Drawdown Comparison
The maximum BGRO drawdown since its inception was -24.94%, smaller than the maximum IBIT drawdown of -49.47%. Use the drawdown chart below to compare losses from any high point for BGRO and IBIT.
Loading charts...
Drawdown Indicators
| BGRO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.94% | -49.47% | +24.53% |
Max Drawdown (1Y)Largest decline over 1 year | -17.64% | -49.47% | +31.83% |
Current DrawdownCurrent decline from peak | -2.02% | -49.47% | +47.45% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -16.07% | +11.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.26% | 28.61% | -23.35% |
Volatility
BGRO vs. IBIT - Volatility Comparison
The current volatility for BlackRock Large Cap Growth ETF (BGRO) is 4.93%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.14%. This indicates that BGRO 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.
Loading charts...
Volatility by Period
| BGRO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 9.14% | -4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 33.89% | -19.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.17% | 43.76% | -25.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.54% | 50.18% | -26.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.54% | 50.18% | -26.64% |
BGRO vs. IBIT - Expense Ratio Comparison
BGRO has a 0.55% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
BGRO vs. IBIT - Dividend Comparison
BGRO's dividend yield for the trailing twelve months is around 0.03%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BGRO BlackRock Large Cap Growth ETF | 0.03% | 0.04% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% |
Frequently Asked Questions
BGRO and IBIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.14%) compared to BGRO (4.93%). In terms of maximum drawdown, BGRO dropped -24.94% vs IBIT's -49.47%.
On 1-year performance, BGRO leads with 24.69% vs -39.60% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, BGRO has been the lower-risk option at 4.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BGRO has performed better with a 24.69% return vs -39.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.55% for BGRO.
BGRO has the higher dividend yield at 0.03%, compared with 0.00% for IBIT.
BGRO is categorized as Large Cap Growth Equities, while IBIT is Cryptocurrency. Their fees differ too: 0.55% for BGRO and 0.25% for IBIT.
BGRO currently has the higher Sharpe Ratio (1.37 vs -0.91), 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.
Find the right allocation for BGRO and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer